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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (13,687,476) $ (4,291,281)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation Expense 0 32,378
Amortization Expense 755,437 1,133,156
Share-based compensation 0 1,130,250
Non-cash operating lease expense 0 58,122
Impairment of Intangible Assets 4,489,000 0
Changes in operating assets and liabilities:    
Accounts Receivable (1,792,850) (142,804)
Accrued Expenses 200,273 0
Other current assets (936,012) (848,511)
Other current liabilities 2,147,250 0
Accounts payable, accrued expenses and other liabilities 1,361,368 661,732
Net cash used in operating activities (7,463,010) (2,266,958)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash provided by investing activities 0 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Funding from related party 0 1,083,151
Payment of / Proceeds from convertible promissory notes and Warrant revenue 399,999 5,000,000
Proceeds from factor 0 1,033,480
Net cash provided by financing activities 399,999 7,116,631
NET CHANGE IN CASH (7,063,011) 4,849,673
Cash - Beginning of period 612,183 417,074
Cash - End of period 568,607 5,262,539
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Goodwill 1,686,789 0
BeOP Outstanding Liabilities 1,430,511 0
Fair market derivative warrant adjustment 344,680 0
Common Stock issued 894 0
Issuance of common stock for marketing consulting Services 0 0
Issuance of common stock for acquisition BeOP 0 0
Issuance of common stock for acquisition DSL 3,556,561 (4,208)
Issuance of common stock for Logiq share distribution $ 0 $ 0