XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows used in operating activities:    
Net loss $ (1,056,944) $ (1,071,465)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 97,342 29,717
Amortization of debt discount 2,767 307
Amortization of right-of-use asset 177,258 89,087
Common stock issued for services 47,500 180,952
Reserve for bad debt 2,978 32,079
Reserve for slow moving inventory (82,446)
Stock Based Compensation - Options 835,893 779,824
Stock based compensation - stock grant 11,060
Gain on Settlement of Debt (10,000)
Gain on forgiveness of PPP loan (159,600)
Changes in operating assets and liabilities    
Change in accounts receivable, net (48,579) (172,246)
Change in accounts receivable - related parties 21,959 (23,517)
Change in inventory (371,514) (416,993)
Change in prepaid expenses and other current assets (87,851) (262,666)
Change in other assets (5,900) 18,089
Change in accounts payable and accrued liabilities 140,713 89,818
Change in customer deposits and unearned revenue (18,894) 368,613
Change in long term lease liability (177,732) (88,911)
Change in other liabilities 31,450 65,195
Change in accounts payable - related parties (18,772) (17,425)
Net cash used in operating activities (499,712) (569,142)
Cash flows used in investing activities:    
Cash used in asset acquisition (30,000)
Cash Acquired in acquisition 541,378
Cash used in purchase of fixed assets, net of debt (21,125)  
Purchase of fixed assets (9,165) (23,677)
Net cash used in investing activities (60,290) 517,701
Cash flows from financing activities:    
Proceeds from issuance of common stock 275,000
Proceeds from issuance of units 205,000 365,000
Proceeds from exercise of warrants 265,000
Proceeds of debt – related party 66,793
Repayment on notes payable (40,000)
Repayment of debt (42,858) (33,030)
Net cash provided by in financing activities 493,935 566,970
Net change in cash (66,067) 515,529
Cash, beginning balance 643,143 345,187
Cash, end of period 577,076 860,716
Supplemental disclosures of cash flow information:    
Cash Paid for Interest 10,549 12,678
Cash Paid for Income Taxes
Supplemental disclosure of non-cash financing activities:    
Operating lease obtained for operating lease liability 920,615 160,182
Common Stock issued for asset acquisition 120,000 1,449,919
Convertible notes issued for acquisition 350,000
Beneficial conversion feature on convertible note, related party 19,250 12,480
Common Stock issued for payment of convertible note interest 30,048
Fixed asset purchase through the issuance of debt 63,375 76,448
Common stock issued for the conversion of convertible debentures and accrued interest $ 136,476