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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (2,392,657) $ 2,781,608
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation 10,096 11,365
Amortization of debt discount 24,821 94,664
Bad debt 0 270,000
Change in estimate for settlement realization rate 1,650,474 0
Conversion and note issuance cost 1,000 11,250
Share issuance for compensations to directors and officers 788,600 0
Share issuance for service rendered 11,625 25,000
Fair value settled upon conversion 0 141,406
Gain on settlement or forgiveness of debt (78,834) (390)
(Increase) decrease in:    
Accounts receivable (3,143,440) (5,510,098)
Right of use - assets (176,327) 17,763
Prepaids and other current assets (27,098) 0
Increase (decrease) in:    
Accounts payable and accrued expense (691,072) 733,125
Accrued officers compensation (380,001) 514,000
Accrued interest 218,174 380,020
Right of use - liabilities 187,734 (27,255)
Net cash used in operating activities (3,996,905) (557,542)
Net cash provided by (used in) Discontinued Operations – Operating 111,312 (38,255)
FINANCING ACTIVITIES    
Payments to director (120,997) 0
Repayment of SBA loans (4,545) (803)
Proceeds from convertible notes payable 0 421,376
Payment of convertible notes (105,079) 0
Net proceeds from line of credit 5,348,871 5,848
Payment of note payable (50,000) 0
Proceeds from note payable – related party 0 250
Payment of dividends on preferred stock (100,000) 0
Net cash provided by financing activities 4,968,250 426,671
Net cash provided by Discontinued Operations – Financing 0 131,260
NET INCREASE (DECREASE) IN CASH 1,082,657 (37,866)
CASH, BEGINNING OF PERIOD 866,943 219,085
CASH, END OF PERIOD 1,949,600 181,219
SUPPLEMENTARY DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the year for Interest 126,732 6,389
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued upon conversion of notes payable 1,680 99,533
Common stock issued upon conversion of preferred stock 14,158 0
Series Y preferred stock issued in exchange of convertible notes payable 3,755,632 0
Promissory note payable issued in settlement agreement 535,000 0
Right of use assets acquired $ 363,411 $ 0