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UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (11,394,106) $ (1,398,063)
Adjustments to reconcile net loss to net cash used in operating activities:    
Derivative liability movements (965,144) (102,121)
Depreciation 4,167
Amortization of debt discount 2,113,652 160,078
Investment impairment charge 509,981
Loss on conversion of debt to equity 5,184,447 70,807
Loss on settlement of liabilities 50,082
Shares issued for services 30,000
Fair value of warrants issued as compensation 4,327,899
Stock based compensation 213,749 401,831
Amortization of right of use asset 10,625 4,482
Changes in Assets and Liabilities    
Other current assets (2,994) 47,595
Accounts payable and accrued expenses (293,900) (5,021)
Operating lease liabilities (10,625) (4,482)
Interest accruals 38,050 21,307
CASH USED IN OPERATING ACTIVITIES (774,180) (213,524)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in deposits (4,800)
Plant and equipment purchased (50,000)
NET CASH USED IN INVESTING ACTIVITIES (4,800) (50,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from share issuances 4,550,000 33,000
Share issue expenses (501,100)
Proceeds from warrants exercised 2,203,714
Repayment of loans payable (22,049) (20,000)
Repayment of convertible notes (521,000) (48,000)
Proceeds from short term notes and convertible notes 2,569,000 296,250
NET CASH PROVIDED BY FINANCING ACTIVITIES 8,278,565 261,250
NET INCREASE (DECREASE) IN CASH 7,499,585 (2,274)
CASH AT BEGINNING OF PERIOD 94,703 2,979
CASH AT END OF PERIOD 7,594,288 705
CASH PAID FOR INTEREST AND TAXES:    
Cash paid for income taxes
Cash paid for interest 33,030
NON CASH INVESTING AND FINANCING ACTIVITIES    
Recognition of right of use lease 86,741
Conversion of convertible debt to equity 2,259,221 100,164
Settlement of liabilities with equity $ 106,135