XML 14 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net loss $ (18,760,538) $ (12,929,226)
Adjustments to reconcile net loss to cash used in operating activities    
Depreciation and amortization 8,603 1,281
Bad debt 17,949
Stock-based compensation 13,504,200 511,850
Amortization of debt discount 96,055 261,560
Loss on settlement of debt 3,606,750 10,817,203
Initial derivative expense 126,322
Change in fair value of derivative liabilities (194,750)
Reduction in ROU liability (6,246)
 Change in operating assets and liabilities    
Accounts and taxes receivable (38,267) (85,273)
Prepaid expense 576,745 958,282
Inventory 68,239
Deferred revenue 23,388
Accounts payable and accrued liabilities 290,300 232,718
Net cash used in operating activities (612,822) (300,033)
Cash flows from investing activities    
Purchase of property and equipment (9,784) (1,945)
Net cash used in investing activities (9,784) (1,945)
Cash flow from financing activities    
Advances by related party 133,156 90,680
Repayment of advances to related party (92,325) (83,747)
Proceeds from notes payable 14,895
Proceeds from issuance of shares 789,006
Proceeds from promissory notes 77,960 19,151
Proceeds from non-redeemable convertible 15,823
Proceeds from convertible notes 225,000
Net cash provided by financing activities 118,791 1,070,808
Change in foreign exchange (8,634) 15,075
Net change in cash (512,449) 783,905
Cash, beginning of the period 533,295 21,843
Cash, end of the period 20,846 805,748
Cash paid during the year    
Interest paid
Income taxes paid
Supplemental disclosure of non-cash investing and financing activities    
Stock issued to settle accounts payable and accrued liabilities 207,500
Stock issued to settle non-redeemable convertible notes 3,709,890 11,150,424
Stock issued to settle convertible notes 446,450
Stock issued for prepaid expense 2,288,000 1,153,571
Initial debt discount from derivative 225,000
Transfer of notes payable to promissory notes 91,192
Transfer of accounts payable and accrued liabilities to promissory notes 85,285 29,450
Transfer of due to related party to promissory notes - related party 19,572
Deemed dividend - Series A Stock modification 1,396,721
Deemed contribution - Series B Stock modification 1,354,515
Deemed contribution - Series C Stock modification 834,001
Deemed contribution - Series D Stock modification $ 749,085