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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities    
Net income (loss) $ 295,188 $ (1,573,403)
Adjustment to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 540,119 325,350
Forgiveness of federal relief loan (104,368) (156,782)
Amortization of debt discount 624,683 1,960,551
Penalty on promissory notes 60,075
Derivative liability movements (1,526,191)
Non-cash interest converted to equity 90,144
Amortization of right of use asset 260,745 118,745
Deferred taxation movement (55,606) (37,588)
Changes in operating assets and liabilities    
Accounts receivable (215,364) 4,267
Prepaid expenses (14,996) 10,461
Other current assets (3,113) 114,704
Accounts payable and accrued liabilities 305,785 25,108
Operating lease liabilities (241,083) (101,637)
Taxes payable 125,014 (193,436)
Net cash provided by (used in) operating activities 1,577,079 (85,567)
Investing activities    
Acquisition of subsidiary, net of cash 10,324
Proceeds from deposits 4,984
Investment in deposits (400,000)
Other investments (450,537)
Purchase of property and equipment (315,822) (132,832)
Net cash used in investing activities (712,259) (573,045)
Financing activities    
Repayment of mortgage (117,073) (117,515)
Proceeds from convertible notes 1,232,700
Repayment of convertible notes (499,544)
Proceeds from promissory notes 160,000 420,449
Repayment of promissory notes (289,044) (464,338)
Proceeds from receivables funding 682,500
Repayment of receivables funding (330,312)
Proceeds from government assistance loans 173,322
Repayment of government assistance loans (2,970)
Preferred stock dividends paid (24,000)
Repayment of third party loans (76,856) (127,640)
Proceeds from finance leases 43,449
Repayment of finance leases (7,437) (3,168)
Proceeds (repayment) of related party notes 284,906 (43,520)
Net cash provided by financing activities 303,714 590,195
Effect of exchange rate on cash (1,076,599) 26,739
Net change in cash 91,935 (41,678)
Beginning cash balance 48,822 90,500
Ending cash balance 140,757 48,822
Supplemental cash flow information    
Cash paid for interest 234,240 281,153
Cash paid for income taxes
Non-cash investing and financing activities    
Fair value of warrant issued 1,762,266
Shares issued in consideration of acquisition of subsidiary 410,000
Conversion of convertible notes 150,000 4,115,836
Fair value of non-controlling interest $ 153,333