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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (14,494,915) $ (5,444,544)
Adjustment to reconcile net loss to net cash used in operating activities:    
Derivative liability movements (5,128,255) 654,471
Depreciation 17,935 12,500
Amortization of debt discount 3,653,652 1,065,879
Investment impairment charge 1,019,960
Loss on conversion of debt to equity 5,498,820 433,610
Loss on settlement of liabilities 95,082
Deposit forfeited 4,000
Forgiveness of federal relief loans (60,292)
Shares issued for services 1,219,050 69,000
Stock based compensation 6,573,701 590,128
Amortization of right of use asset 17,857 34,815
Changes in Assets and Liabilities    
Other current assets (79,764) 45,788
Accounts payable and accrued expenses (373) 151,054
Operating lease liabilities (17,857) (34,815)
Interest accruals 188,323 50,793
CASH USED IN OPERATING ACTIVITIES (2,608,118) (1,256,279)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in Frictionless Financial Technologies, Inc. (500,000)
Intangibles acquired (625,000)
Investment in deposits (34,800)
Plant and equipment purchased (9,234) (50,000)
NET CASH USED IN INVESTING ACTIVITIES (1,169,034) (50,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from share issuances 4,550,000 33,000
Share issue expenses (501,100)
Proceeds from warrants issued 3,009,349
Proceeds from loans payable 85,000
Repayment of loans payable (22,049) (104,500)
Proceeds from short term notes and convertible notes 2,569,000 1,877,375
Repayment of convertible notes (521,000) (703,164)
Proceeds from non-controlling shareholders 48,000
Proceeds from federal relief loans 210,292
NET CASH PROVIDED BY FINANCING ACTIVITIES 9,132,200 1,398,003
Effect of exchange rate changes on cash and cash equivalents
NET INCREASE IN CASH 5,355,048 91,724
CASH AT BEGINNING OF YEAR 94,703 2,979
CASH AT END OF YEAR 5,449,751 94,703
CASH PAID FOR INTEREST AND TAXES:    
Cash paid for income taxes
Cash paid for interest 29,813 330,242
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Derecognition of right of use assets on early termination 34,070
Conversion of convertible debt to equity 2,259,220 769,558
Settlement of liabilities $ 145,164