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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (5,384,270) $ (51,874)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 228,615 12,757
Loan acquisition costs 0 (212,750)
Gain on extinguishment of debt (35,750) 0
Operating lease expense (440,171) 0
Amortization of debt discount 0 42,469
Derivative liability (125,107) 30,977
Changes in operating assets and liabilities:    
Accounts receivable (2,523,210) 0
Inventory (1,017,178) 0
Unbilled revenue 255,622 0
Contract liability 1,451,343 0
Customer deposits 1,334,000 0
Accounts payable and accrued expenses (355,697) 17,281
Operating lease liabilities 679,675 0
Other current liabilities (356,372) 0
Net cash used by operating activities (6,288,500) (161,173)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capitalized patents 0 (1,200)
Deposits (64,980) 0
Net cash used by investing activities (64,980) (1,200)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of common stock 7,700,000 0
Proceeds from convertible debentures 0 212,750
Net cash provided by financing activities 7,700,000 212,750
NET INCREASE (DECREASE) IN CASH 1,346,520 50,377
Effect of exchange rate on cash (219,569) 0
CASH, beginning of year 3,658,846 337
CASH, end of year 4,785,797 50,714
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 0 0
Income taxes $ 0 $ 0