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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities of continuing operations:    
Net (loss) income $ (16,975,742) $ 948,915
Adjustments to reconcile net (loss) income to cash used in operating activities:    
Depreciation and amortization 61,708 81,960
Bad debt expense 151,169 196,112
Deferred taxes (268,423) 0
Derivative expense 5,400,559 0
Unrealized loss on derivative liabilities (1,627,176) 0
Equity securities received in lieu of cash for fees and services provided 0 (2,662,730)
Realized loss on disposal of fixed assets 0 8,998
Unrealized loss on marketable securities 1,792,569 463,386
Stock based compensation 7,184,363 1,457,250
Changes in operating assets and liabilities    
Accounts receivable (3,361,194) (2,100,318)
Inventory (195,701) (92,148)
Prepaid expense and other current assets (383,592) 0
Other assets 0 11,445
Operating lease right of use assets and liabilities 6,860 0
Accounts payable and other liabilities 1,241,626 (65,962)
Income taxes payable (580,991) 582,931
Net cash used in operating activities (7,553,965) (1,170,160)
Cash flows from investing activities    
Adjustment for acquisition payment 0 (71,561)
Issuance of notes receivable (916,518) (97,889)
Repayment of short-term debt 0 (58,280)
Proceeds from sale of fixed assets 0 14,000
Purchase of fixed assets (200,238) (43,037)
Net cash used in investing activities (1,116,756) (256,767)
Cash flows from financing activities    
Proceeds from issuance of common stock, net of issuance costs 19,600,000 1,000,000
Proceeds for exercise of common stock purchase warrants, net of issuance costs 602,560 0
Net cash provided by financing activities 20,202,560 1,000,000
Net increase in cash and cash equivalents 11,531,839 (426,927)
Cash and cash equivalents at beginning of period 321,788 748,715
Cash and cash equivalents at end of period 11,853,627 321,788
Supplemental disclosure of cash flow information:    
Cash paid for interest 192,107 0
Cash paid for income taxes 268,423 0
Supplemental disclosure of non-cash investing and financing activities:    
Common stock issued in connection with long term service contracts 95,000 0
Return of common stock in lieu of collection of certain accounts receivable $ 1,000,000 $ 0