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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 6,389,855 $ (58,704,388)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,218,430 1,259,738
Impairment 292,748
Amortization of debt issuance costs 837,750 3,992,457
Amortization of prepaid share-based compensation 317,104
Loss on issuance of warrants 46,928,815
Share-based compensation 33,937 189,000
Provision for bad debts 608,356
Gain on sale of assets 5,897
Gain on extinguishment of liabilities (7,427,193)
Gain on forgiveness of earnout (6,100,000)
Changes in assets and liabilities:    
Accounts receivable (224,834) (1,154,119)
Inventories 1,117,250 (2,868,508)
Prepaid expenses and other current assets 36,282 888,594
Accounts payable (199,990) 206,205
Accrued expenses and other current liabilities 2,837,843 2,682,847
Net cash provided by (used in) operating activities (1,163,566) (5,672,358)
Cash flows from investing activities:    
Purchases of property and equipment (5,881) (114,027)
Purchases of developed technology (159,251)
Proceeds from sale of property and equipment 181,000
Net cash used in investing activities (5,881) (92,278)
Cash flows from financing activities:    
Net borrowings under lines of credit 575,000 2,175,000
Net proceeds from issuance of common stock 710,454 14,799
Net borrowings under convertible notes 3,150,000
Fees paid for financing costs (664,389)
Net cash provided by (used in) financing activities (3,715,313) 4,559,110
Net decrease in cash and cash equivalents (4,884,760) (1,205,526)
Cash and cash equivalents, beginning of the year 5,247,836 5,580,431
Cash and cash equivalents, end of the period 363,076 4,374,905
Supplemental disclosure of cash flow information:    
Cash paid for interest 554,240
Cash paid for income taxes
Issuance of common stock to line of credit holders 60,000
Issuance of common stock to vendors for future services 480,250
Issuance of common stock to employees and directors for settlement of liabilities 318,205
Issuance of common stock to vendors for settlement of liabilities 105,693
Issuance of common stock to noteholders for settlement of accrued interest 1,148,000
Issuance of common stock to noteholders for settlement of cash warrant liabilities 206,779
Forgiveness of interest – related parties 3,006,896
Forgiveness of debt – related parties 5,400,000
Convertible shares under notes payable 99,199 7,743,333
Issuance of warrants to noteholders and placement agent 4,335,611
Original issue discount 555,000
Accrued placement agent fees for equity placement 960,000
Related Party [Member]    
Cash flows from financing activities:    
Repayments under convertible notes payable (85,767) (116,300)
Nonrelated Party [Member]    
Cash flows from financing activities:    
Repayments under convertible notes payable $ (4,915,000)