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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net Loss $ (44,777,693) $ (8,004,946)
Adjustments to reconcile net loss to cash provided (used) by operating activities    
Stock-based compensation 1,020,792 163,000
Depreciation, Depletion, Amortization and Accretion 5,043 5,205
Change in Fair Value of Derivative Liability 36,601,064 7,546,887
Equity in Earnings of Unconsolidated Entity 5,871,908 (957,169)
Changes in operating assets and liabilities    
Accounts Receivable 7,077 (79,325)
Prepaid expenses and other assets (278,372) (220,682)
Accounts Payable and Accrued Expenses 1,024,006 (50,094)
Net cash provided (used ) in operating activities (526,175) (1,597,124)
Cash flows from investing activities:    
Loan to Viking prior to investment 0 (5,000,000)
Net cash provided (used) in investing activities 0 (5,000,000)
Proceeds from Issuance of Series C Preferred Stock 0 5,000,000
Net cash provided (used) in financing activities 0 5,000,000
Net increase (decrease) in cash (526,175) (1,597,124)
Cash, beginning of period 868,548 2,253,739
Cash, end of period 342,373 656,615
Supplemental Cash Flow Information    
Interest 0 0
Taxes 0 0
Supplemental disclosure of Non-Cash Investing and Financing Activities:    
Issuance of series C Preferred Stock as investment in Viking $ 18,900,000 $ 0