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Condensed Statement of Cash Flow - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES        
Net Income $ (2,462,842) $ (309,243) $ (4,959,946) $ (307,000)
Adjustments to reconcile Net Income to net cash provided by operations:        
Amortization 424,432 419,353 843,785 838,705
Stock based compensation 2,052,955 0 3,726,621 0
Foreign currency translation adjustments 10,797 0 10,797 0
Changes in operating assets and liabilities:        
Accounts Receivable 282,558 2,203 294,468 (442,797)
Accounts Payable (23,112) 37,883 140,901 (113,616)
Other Current Assets (35,426) (15,831) (21,065) 33,639
Other Current Liabilities 28,112 25,936 (13,996) (15,872)
Total Adjustments to reconcile Net Income to Net Cash provided by operations: 2,740,318 469,544 4,981,510 300,059
Net cash provided by Operating Activities 277,476 160,300 21,564 (6,941)
INVESTING ACTIVITIES        
Long Term Investments 0 0 (5,360) (11,273)
Purchase of Intangible Assets (760,000) (150,000) (1,010,000) (355,000)
Cash proceed for sale of investments 0 0 0 0
Property & Equipment 0 0 0 0
Deposits 0 0 0 0
Security Deposits Asset 0 0 0 0
Net cash provided by Investing Activities (760,000) (150,000) (1,015,360) (366,273)
FINANCING ACTIVITIES        
Proceed from sale of Stock 229,463 0 793,063 0
Contribution by owners 0 0 0 0
Dividends Paid 0 0 0 0
Proceed from note payable 200,000 0 220,000 0
Net cash provided by Financing Activities 429,463 0 1,013,063 0
Net cash increase for period (53,061) 10,300 19,267 (373,214)
Cash at beginning of period 96,486 100,669 24,159 484,183
Cash at end of period $ 43,425 $ 110,969 $ 43,425 $ 110,969