XML 15 R5.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income/(Loss) $ (37,311) $ 28,436
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Recovery of bad debts 0 (13,750)
Changes in operating assets and liabilities:    
Trade receivable (24,600) (2,642)
Prepaid expenses 19,620 5,369
Accounts payable and accrued expenses 4,523 (19,768)
Accrued interest, related party 3,608 3,467
Contract liabilities 15,000 28,000
Related party payables 22,500  
NET CASH PROVIDED BY OPERATING ACTIVITIES 3,340 29,112
CASH FLOW FROM INVESTING ACTIVITES:    
CASH FLOW FROM INVESTING ACTIVITES 0 0
CASH FLOW FROM FINANCING ACTIVITIES:    
Payments to related party 0 (22,500)
NET CASH USED IN FINANCING ACTIVITIES 0 (22,500)
NET INCREASE IN CASH 3,340 6,612
Cash and cash equivalents - beginning of period 21,143 9,331
Cash and cash equivalents - end of period 24,483 15,943
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 349 277
Cash paid for income taxes 0 0
Supplemental disclosure of cash flows from noncash investing and financing activities $ 0 $ 0