Consolidated Statements of Cash Flows - USD ($)
|
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Operating activities |
|
|
| Net loss |
$ 1,750,589
|
$ (934,577)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation |
134,371
|
126,474
|
| Amortization of discounts on notes payable |
|
116,280
|
| Amortization of right to use |
107,257
|
104,710
|
| Loan fees |
|
10,665
|
| Gain on lease termination |
|
(8,800)
|
| Gain on settlement of accounts payable |
|
(4,500)
|
| Noncash operating lease expense |
|
|
| Change in fair value of derivative liabilities |
(1,077,289)
|
915,054
|
| Excess derivative |
|
80,858
|
| Changes in operating assets and liabilities: |
|
|
| (Increase) in accounts receivable |
(5,444)
|
14,242
|
| (Increase) / decrease in deposits and prepaid expenses |
1,038
|
(20,236)
|
| Increase (decrease) in accounts payable and accrued liabilities |
100,094
|
175,687
|
| Increase (decrease) in lease obligations |
(107,242)
|
(112,603)
|
| Net cash provided by operating activities |
903,374
|
463,254
|
| Cash flows from investing activities |
|
|
| Purchase of fixed assets |
(66,002)
|
(39,470)
|
| Net cash provided by/(used in) investing activities |
(66,002)
|
(39,470)
|
| Financing activities |
|
|
| Proceeds from notes payable |
|
24,000
|
| Repayments on convertible notes payable - related party |
(175,097)
|
|
| Repayments on convertible notes payable |
(146,011)
|
|
| Repayments from notes payable - related party |
(20,000)
|
(227,240)
|
| Payments on notes payable |
(78,837)
|
(20,907)
|
| Net cash used in financing activities |
(419,945)
|
(224,147)
|
| Net increase in cash |
417,427
|
199,637
|
| Cash - beginning |
244,750
|
45,113
|
| Cash - ending |
662,177
|
244,750
|
| Supplemental disclosures of cash flow information: |
|
|
| Interest paid |
400,256
|
|
| Income taxes paid |
|
|
| Non-cash investing and financing activities: |
|
|
| Debt discount due to derivative liability |
|
96,000
|
| Capitalized leased fixed assets |
56,735
|
|
| Common stock issued for conversion of debt and interest |
10,010
|
3,480
|
| Derivative resolution |
457,572
|
14,327
|
| Termination or lease |
|
106,178
|
| Accounts payable converted to notes payable - related party |
|
62,000
|
| Gain on the forgiveness of accrued interest - related party |
$ 522,334
|
|