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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,129,110) $ (3,449,204)
Net loss from discontinued operations 536,245
Net loss from continuing operations (1,129,110) (2,912,959)
Adjustments to reconcile net loss to net cash used in operating activities:    
Derivative liability movements (923,488) 311,932
Depreciation 1,084 279,705
Amortization of debt discount 640,245 111,654
Loss on conversion of debt to equity 18,478
Loss on convertible debt 102,352
Deemed interest income (11,207)
Unrealized loss on equity method investments 572 1,381
Warrants issued for services 72,414 72,414
Stock based compensation 188,928 188,928
Changes in Assets and Liabilities    
Receivable from equity method investments (900) (22,103)
Receivable from disposal of subsidiary 18,570
Other current assets 21,195 77,957
Accounts payable and accrued expenses 426,727 659,490
Related party payables 50,000
Interest accruals 247,793 176,107
Cash used in operating activities – continuing operations (363,395) (968,446)
Cash provided by operating activities – discontinued operations 35,287
CASH USED IN OPERATING ACTIVITIES (363,395) (933,159)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in notes receivable (188,333)
Investment in intangibles   (44,405)
Investment in equity method investment (500) (200,000)
Net cash used in investing activities – continuing operations (188,833) (244,405)
Net cash used in investing activities – discontinued operations (36,231)
CASH USED IN INVESTING ACTIVITIES (188,833) (280,636)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable 100,000
Proceeds from convertible notes 718,835 900,000
Repayment of convertible notes (238,013) (11,840)
Repayment of federal relief loans (2,342)
Net cash provided by financing activities – continuing operations 580,822 885,818
Net cash provided by financing activities – discontinued operations
NET CASH PROVIDED BY FINANCING ACTIVITIES 580,822 885,818
NET INCRERASE (DECREASE) IN CASH 28,594 (327,977)
Cash and cash included in assets held for sale at the beginning of the period 50,433 374,765
CASH AT END OF PERIOD 79,027 46,788
RECONCILIATION OF OPENING CASH WITHIN THE BALANCE SHEET TO THE STATEMENT OF CASH FLOWS    
Cash 50,433 373,822
Cash included in assets held for sale 943
CASH AT THE BEGINNING OF THE PERIOD 50,433 374,765
RECONCILIATION OF CLOSING CASH WITHIN THE BALANCE SHEET TO THE STATEMENT OF CASH FLOWS    
Cash 79,027 46,788
Cash included in assets held for sale
CASH AT THE END OF THE PERIOD 79,027 46,788
CASH PAID FOR INTEREST AND TAXES:    
Cash paid for income taxes
Cash paid for interest 35,302 4,191
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Fair value of warrants issued with convertible notes 87,676 381,881
Conversion of convertible debt to equity 25,000
Fair value of warrants issued for equity method investments $ 108,220