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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 75,564 $ (313,282)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 105,982 97,065
Amortization of debt discount on notes payable 159,791 317,843
Amortization of right of use assets 341,384 687,226
Gain on debt extinguishment (754,000) 0
Share-based payment compensation 9,168 7,570
Provision for (recovery of) returns and doubtful accounts 0 (81,244)
Deferred income taxes (benefit) 7,139 0
Changes in operating assets and liabilities:    
Accounts receivable 667,748 1,628,983
Prepaid expenses and other current assets 302,404 277,525
Contract assets 38,016 399,320
Inventory 0 14,571
Other assets (269) (7,160)
Accounts payable 102,950 (605,831)
Accrued expenses and other long-term liabilities (551,245) (298,558)
Operating lease liabilities (468,821) (810,426)
Deferred revenue (381,096) (1,988,705)
Net cash provided by (used in) operating activities (345,285) (675,103)
Cash flows from investing activities:    
Purchases of property and equipment (60,444) 0
Security deposits 739,484 0
Purchase of intangible assets (10,436) (35,655)
Net cash provided by (used in) investing activities 668,604 (35,655)
Cash flows from financing activities:    
Proceeds from public offering, net of underwriting discounts paid 3,095,203 0
Payments of offering costs (265,252) 0
Proceeds from issuance of PPP loan 0 754,000
Payments of short-term debt (1,334,058) 0
Net cash provided by (used in) financing activities 1,495,893 754,000
Effect of exchange rate changes on cash and cash equivalents 1,732 (4,057)
Net increase (decrease) in cash and cash equivalents 1,820,944 39,185
Cash and cash equivalents, beginning of period 1,920,656 1,475,166
Cash and cash equivalents, end of period 3,741,600 1,514,351
Supplemental disclosures:    
Cash paid for interest 86,860 110,708
Non-cash investing and financing activities:    
Accrual of deferred offering costs 92,181 0
Undistributed Series A redeemable convertible preferred stock dividends 560,096 546,355
Accretion of Series A redeemable convertible preferred stock $ 272,297 $ 191,231