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EXCEL - IDEA: XBRL DOCUMENT - AuraSource, Inc.Financial_Report.xls
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EX-32 - EXHIBIT 32 - AuraSource, Inc.ex32.htm
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10-K - FORM 10-K MARCH 31, 2012 - AuraSource, Inc.form10k120331.htm
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v2.4.0.6
Statements of Cash Flows (USD $)
12 Months Ended 265 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Statement of Cash Flows [Abstract]      
Net loss $ (1,392,506) $ (1,276,324) $ (5,533,641)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 24,219 5,817 36,368
Stock issued for services 247,000 0 1,573,504
Options issued for services 86,070 88,718 245,082
Fair value of salaries donated as capital 0 0 151,500
Changes in operating assets and liabilities:      
Due from affiliate 4,449 (67,643) (63,194)
Prepaid expenses 6,926 (5,708) (3,075)
Accounts payable 156,712 (48,485) 170,685
Accrued interest payable, related parties 0 0 15,456
Non-refundable deposits 0 0 (100,000)
Net cash used in operating activities (867,130) (1,303,625) (3,507,315)
Cash flows from investing activities :      
Advances from stockholders, net 0 0 22,725
Capital equipment purchases (365,711) (48,604) (451,721)
Cash paid for acquisition of intangible (6,121) (147,530) (153,651)
Sale of assets to MongSource net of cash on hand 0 0 (90,119)
Net cash used in investing activities (371,832) (196,134) (672,766)
Cash flows from financing activities      
Proceeds from issuance of common stock 1,001,046 500,000 4,645,239
Offering costs 0 0 (350,518)
Net proceeds from issuance of note payable 0 0 459,691
Repayment of debt 0 0 (170,000)
Net cash provided by financing activities 1,001,046 500,000 4,584,412
Net change in cash and equivalents (237,916) (999,759) 404,331
Cash and equivalents - beginning balance 642,247 1,642,006 0
Cash and equivalents - ending balance 404,331 642,247 404,331
Interest 0 0 0
Income taxes $ 0 $ 0 $ 0