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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (1,890,941) $ (2,281,829)
Adjustments to reconcile net loss to net cash used in operations:    
Amortization expense 59,687 48,533
Lease expense 25,564 17,918
Depreciation expense 10,074 10,074
Stock options expense 395,624 747,022
Common stock issued for services 14,260
Changes in operating assets and liabilities:    
Prepaid expenses (35,684) 109,257
Prepaid expenses - noncurrent portion (27,845)
Accounts payable 39,953 (86,768)
Investor deposits 250,000
Lease liability (25,564) (17,918)
Accrued expenses 162,442 205,662
Net cash used in operating activities (1,022,430) (1,248,049)
Cash flows from investing activities    
Additions to intellectual property (124,447) (98,282)
Net cash used in investing activities (124,447) (98,282)
Cash flows from financing activities    
Proceeds from issuance of common stock 4,073,000 575,000
Borrowing from related parties 102,573 900,000
Net cash provided by financing activities 4,175,573 1,475,000
Effect of exchange rate changes on cash (38)
Net change in cash and cash equivalents 3,028,658 128,669
Cash and cash equivalents, beginning of period 350,565 219,781
Cash and cash equivalents, end of period 3,379,223 348,450
Supplementary disclosure for noncash activities:    
Common stock issued for future services $ 250,000