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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities    
Net loss $ (1,909,993) $ (7,311,359)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 52,035 570,033
Equity method (income)/loss 5,560 (14,921)
Dividends received from equity method investment 0 20,473
Amortization of intangible assets 891,288 549,914
Impairment of intangible assets 4,678 3,952,516
Net change in:    
Accounts receivable (136,594) 40,076
Inventory 37,307 (9,363)
Prepaids and other current assets (20,170) 90,623
Accounts payable and other current liabilities 292,897 (119,265)
Due to joint ventures 24,958 (45,232)
Deferred revenue 61,319 115,709
Net cash used in operating activities (696,715) (2,160,796)
Cash Flows from Investing Activities    
Cash paid for cost method investments (34,000) 0
Cash paid to acquire businesses (255,000) (850,000)
Investments in cryptocurrency (15,000) 0
Net cash used in investing activities (304,000) (850,000)
Cash Flows from Financing Activities    
Proceeds from sale of Series A preferred stock 20,000 0
Proceeds from exercise of stock option 12,960  
Payments of preferred dividends (234,596) (160,563)
Distributions to non-controlling interest holders (11,400) 0
Payments on acquisition note payable 0 (40,000)
Proceeds from notes payable 732,300 0
Payments on note payables (238,046) (68,959)
Proceeds from notes payable - related parties 200,000 0
Payments on note payables - related parties (1,000) 0
Net cash provided by financing activities 480,218 (269,522)
Effect of foreign currency translation (98,520) (47,626)
Net Change in Cash (619,017) (3,327,944)
Cash, Beginning of Period 982,261 6,701,122
Cash, End of Period 363,244 3,373,178
Cash Paid For:    
Income Taxes 0 0
Interest 60,564 61,141
Supplemental Non-cash Disclosures    
Promissory notes issued for acquisitions 640,000 0
Preferred stock issued for acquisitions 625,000 0
Contingent consideration issued for acquisition 1,869,000 0
Common stock options issued for acquisition 60,000 0
Non-controlling interest issued for acquisitions 126,000 0
Common stock issued for conversion of stock options $ 20 $ 0