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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net (loss) income $ (1,681,151) $ (1,276,289)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation of finance lease 1,874 0
Amortization of discount – notes payable 0 2,013
Amortization of discount - PIK Notes 198,304 188,159
Amortization of deferred financing costs 0 23,960
Accrued interest on PIK Notes 702,434 680,297
Stock based compensation expense 66,026 10,513
Non-cash lease expense 53,264 593
Stock issued for interest 7,680 0
Forgiveness of PPP Fund (223,075)  
Change in operating assets and liabilities:    
Operating lease liabilities (54,356) 0
Accounts receivable (68,117) (7,817)
Deposits and prepaids 111,118 170,563
Accounts payable and accrued liabilities 37,736 519,407
Net cash (used in) provided by operating activities (848,263) 311,399
Cash Flows from Financing Activities:    
Payments on finance lease liability (2,028) 0
Proceeds from notes payable 0 113,750
Proceeds from Paycheck Protection Program Loan 264,472 223,075
Payments on notes payable 0 (315,625)
Proceeds from Private Placement 185,000
Payments on insurance financing (99,812) (156,055)
Net cash provided by (used in) financing activities 347,632 (134,855)
Net change in cash (500,631) 176,544
Cash at beginning of period 669,560 52,793
Cash at end of period 168,929 229,337
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,380 3,358
Cash paid for income taxes 0 0
Supplemental disclosure of non-cash financing activity:    
Capitalization of ROU asset and finance lease liability 50,573 0
Deemed dividend on convertible Preferred Stock Series B due to BCF 112,612 0
Accrued PIK interest paid through issuance of PIK Notes 703,260 494,717
Stock issued for cashless options exercised 3,836  
Common stock issued to note holders for financing cost $ 0 $ 1,250