XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (2,065,064) $ (1,828,448)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation 16,395 16,395
Amortization of beneficial conversion feature and loan fees 3,864 75,348
Amortization of unearned compensation 212,467 57,031
Common stock issued for services 156,922 51,882
Financing fees on debt 1,400
Gain on disposal of asset (18,500)
Loss on extinguishment of debt 21,250 121,847
Loss on disposal of asset 85,000
Loss on settlement of accounts payable 449
Decrease (increase) in:    
Prepaid expenses and deposits 3,000 98,956
Deferred revenue 140,000
Increase (decrease) in:    
Accounts payable & accrued expenses 78,085 21,336
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (145)
Proceeds from sale of asset 18,500
Net cash from investing activities (145) 18,500
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuance of common stock 1,404,919 1,107,950
Proceeds from the issuance convertible notes payable 50,000
Proceeds from the issuance convertible notes payable, related party 40,000
Proceeds from the issuance notes payable, related party 5,000
Payments on convertible notes payable, related party (10,000)
Payments on notes payable, related party (5,000)
Payments on notes payable (50,000) (2,000)
Payments to shareholders 6,500 6,000
Net cash from financing activities 1,441,419 1,111,950
NET CHANGE IN CASH (45,407) (133,254)
CASH, BEGINNING OF PERIOD 81,801 186,873
CASH, END OF PERIOD 36,394 53,619
Supplemental disclosure of cash flow information    
Cash paid for interest expense
Cash paid for income taxes
Non-cash operating and financing activities:    
Convertible debt and accrued interest converted to common stock 283,202
Stock issued for prepaid services $ 3,300 $ 23,500