XML 15 R5.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (490,549) $ (279,310)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on Sale of assets (500)
Depreciation 8,979 7,095
Stock-based compensation to employees 28,690 24,162
Debt Forgiveness (109,914)
Changes in operating assets and liabilities:    
Accounts receivable 1,624 59,435
Deposits 1,605
Inventory (119,092) (45,473)
Prepaid expenses and other current assets 26,230 346
Right to Use Lease Asset (163,416) 25,497
Accounts Payable 251,314 163,761
Advances from Clients (25,396) (60,643)
Accrued and other current liabilities 87,124 10,501
Operating Lease Liability 163,416 (25,947)
Net Cash used in Operating Activities (340,990) (119,471)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (360,015) (2,269)
Proceeds from sales of property and equipment 2,500
Acquisition of Assets (1,100,000)
Intangible assets (4,022)
Net Cash Provided by (Used in) Investing Activities (1,464,037) 231
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from PPP loan 130,186
Proceeds from sale of common stock 1,083,542 69,503
Net Cash Provided by Financing Activities 1,213,728 69,503
NET DECREASE IN CASH (591,299) (49,737)
CASH AT BEGINNING OF PERIOD 1,723,132 945,181
CASH AT END OF PERIOD 1,131,833 895,444
Cash paid for income taxes
Cash paid for interest
Stock issued for receivables 25,472
Stock issued for acquisition of assets 690,000
Note Payable issued for acquisition of assets $ 1,100,000