XML 59 R6.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,003,865) $ (1,426,102)
Change in net loss to net cash used in operating activities:    
Depreciation and amortization expense 1,330 656
Amortization of debt discount 77,889
Fair value of stock options vested 12,797
Common stock issued for services 17,720 5,148
Changes in operating assets and liabilities:    
Accounts receivable (5,555)
Inventory (7,085)
Other liabilities (6,172) (12,593)
Prepaid expenses and other current assets (700) (3,570)
Accounts payable and accrued expenses 159,441 213,982
Accounts payable - related party (22,637) 31,900
NET CASH USED IN OPERATING ACTIVITIES (854,726) (1,112,690)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,005) (1,143)
NET CASH USED IN INVESTING ACTIVITIES (1,005) (1,143)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from convertible notes payable 630,000 964,120
Proceeds from note payable 50,000
Proceeds from related party loans 273,084 50,000
Payments of related party loans (34,252)
Capital contribution - related party 154
NET CASH PROVIDED BY FINANCING ACTIVITIES 953,238 979,868
Effect of exchange rate changes on cash 366
NET CHANGE IN CASH 97,873 (133,965)
CASH AT BEGINNING OF THE YEAR 163,563 297,528
CASH AT END OF THE YEAR 261,436 163,563
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest 3,615
Cash paid for taxes
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Discounts related to warrants issued in connection with convertible debentures 130,768 2,604
Conversion of convertible notes and accrued interest to common stock   2,275,050
Write off of related party accounts payable $ 500