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CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net loss $ (853,073) $ (863,178)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities    
Depreciation and amortization 331,128 397,512
Provision for doubtful accounts 15,713 22,413
Non-cash lease expense 81,973 0
Stock based compensation 515,309 420,223
Amortization of beneficial conversion feature 555 0
Change in contingent consideration 0 (30,757)
Loss (gain) on sale of assets 2,210 (12,213)
Changes in assets and liabilities    
Accounts receivable 16,694 (145,902)
Prepaid expenses (49,592) 11,303
Change in operating lease liability (68,889) 0
Accounts payable and accrued liabilities 77,615 17,602
Deferred revenue (957,244) 406,295
Net cash (used in) provided by operating activities (887,601) 223,298
Cash flows from investing activities    
Repayment of debt related to acquisition (39,829) (73,889)
Proceeds from sale of equipment and software license 0 31,699
Acquisition of equipment and software licenses (11,394) (2,382)
Net cash used in investing activities (51,223) (44,572)
Cash flows from financing activities    
Proceeds from issuance of common stock, net 0 238,000
Proceeds of factor credit facility 0 5,222
Proceeds of convertible notes payable 500,000 0
Proceeds (repayments) of notes payable 710,500 (13,358)
Repayment of finance lease obligations (179,399) (386,385)
Net cash provided by (used in) financing activities 1,031,101 (156,521)
Net increase in cash 92,277 22,205
Cash, beginning of period 1,757,695 154,941
Cash, end of period 1,849,972 177,146
Supplemental cash flow disclosures    
Interest paid 23,354 51,333
Non-cash financing activities    
Purchase of equipment under capital lease 550,066 49,624
Beneficial conversion feature $ 75,000 $ 0