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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net loss $ (2,959,993) $ (3,093,402)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 9,192 9,192
Amortization 212,406 212,406
Lease expense (benefit) 2,141 (2,851)
Stock-based compensation – employees 393,300 713,550
Stock-based compensation – non-employees 162,000
Non-cash interest expense 1,595,145 1,382,764
Non-cash interest expense – related parties 203,510 227,439
Foreign exchange (gain) loss (63,947) 51,540
Changes in operating assets and liabilities which (used) provided cash    
Other receivable 75,107 (1,053)
Accounts payable 55,075 (3,698)
Accounts payable – related parties 8,347
Accrued expenses 62,400 89,858
Net cash used in operating activities (245,317) (414,255)
Cash flows used in investing activities    
Advances to CEN Biotech Ukraine LLC (120,000)
Cash flows provided by financing activities    
Issuance of convertible notes 250,000 533,034
Repayment of convertible notes (6,000)
Issuance of convertible notes – related parties 20,000
Net cash provided by financing activities 250,000 547,034
Net increase in cash and cash equivalents 4,683 12,779
Cash and cash equivalents, beginning of period 3,757 3,193
Cash and cash equivalents, end of period 8,440 15,972
Supplemental cash flows disclosures    
Cash paid for interest 8,000 33,913
Non-cash transactions - investing and financing activities    
Issuance of common stock - settlement of accrued liability $ 58,500