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Consolidated Statements of Cashflows - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (3,327,775) $ (1,121,305)
Adjustments for:    
Stock based compensation 1,592,641
Gain on settlement of debt (5,000)
Loss on disposal of fixed assets 4,711
Amortization of debt discount 17,429
Amortization of intangible asset 276,668 204,866
Depreciation 9,199 7,570
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (22,734) 31,324
(Decrease) increase in accrued interest (1,701) 35,851
Decrease in accounts payables (45,290) (3,727)
Net cash used in operating activities (1,506,563) (840,710)
Cash flows from investing activities    
Purchase of fixed assets (19,095) (1,695)
Purchase of intangible assets (53,254)
Net cash used in investing activities (72,349) (1,695)
Cash flows from financing activities    
Repayment of loans payable (8,097) (7,492)
Repayment of loans payable - related parties (303,068) (18,040)
Proceeds from loans payable - related parties 158,771
Proceeds from issuance of pre-merger common stock 239,635
Proceeds from issuance of convertible notes 2,007,578 360,024
Net cash provided by financing activities 1,696,413 732,898
Effects of exchange rate changes on cash 43,446 (77,845)
Net Change in Cash 160,947 (187,352)
Cash - Beginning of Period 96,602 295,211
Cash - End of Period 257,549 107,859
Supplemental information:    
Cash paid for interest 25,873 3,077
Cash paid for taxes
Non-cash investing and financing activities:    
Original issue discount on convertible notes 104,572
Common stock issued for conversion of note 25,000 403,880
Common stock issued for settlement of debt 45,000
Issuance of Special 2019 Series A Preferred Stock from Treasury to related party in satisfaction of debt 60,000
Common stock issued for conversion of Series B Preferred Stock $ 6,000