CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
|
3 Months Ended |
12 Months Ended |
Mar. 31, 2022 |
Mar. 31, 2021 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
|
| Net loss attributable to Singlepoint Inc. stockholders |
$ (1,422,463)
|
$ (1,141,731)
|
$ (5,373,015)
|
$ (4,033,717)
|
| Loss attributable to non-controlling interests |
75,310
|
219,408
|
390,932
|
410,788
|
| Common stock issued for services |
0
|
(18,000)
|
|
|
| Bad Debt Expense |
15,850
|
0
|
|
|
| Depreciation |
15,195
|
14,441
|
44,763
|
57,764
|
| Amortization of intangibles |
3,630
|
3,630
|
14,520
|
23,595
|
| Amortization of debt discounts |
6,159
|
0
|
0
|
2,174,273
|
| Amortization of deferred compensation |
15,094
|
0
|
105,652
|
0
|
| (Gain) loss on change in fair value of equity securities |
0
|
(41,627)
|
76,627
|
(1,552,249)
|
| (Gain) loss on debt settlement |
0
|
151,727
|
(513,909)
|
41,264
|
| Common stock issued for services |
240,000
|
0
|
416,444
|
0
|
| Accounts receivable |
(25,241)
|
14,080
|
(87,395)
|
45,860
|
| Prepaid expenses |
(10,773)
|
73,910
|
(36,013)
|
19,593
|
| Adjustments to reconcile net loss to net cash used in operating activities |
|
|
|
|
| Inventory |
(11,144)
|
220,858
|
(70,250)
|
11,207
|
| Loss attributable to non-controlling interests |
|
|
(390,932)
|
(410,788)
|
| Common stock issued for services |
|
|
146,283
|
149,200
|
| Accounts payable |
53,054
|
407,463
|
(13,546)
|
77,423
|
| Accrued expenses |
442,754
|
35,217
|
151,597
|
886,196
|
| Unearned Revenue |
24,023
|
0
|
|
|
| NET CASH USED IN OPERATING ACTIVITIES |
(634,855)
|
(997,882)
|
(4,831,629)
|
(1,955,379)
|
| Amortization of debt discounts |
|
|
16,772
|
2,174,273
|
| Cash paid for acquisition related expenses |
0
|
(25,000)
|
|
|
| NET CASH USED IN INVESTING ACTIVITIES |
0
|
(25,000)
|
(44,700)
|
25,000
|
| Proceeds from sale of common stock |
499,271
|
0
|
540,899
|
812,576
|
| Proceeds from advances from related party |
69,538
|
28,749
|
234,824
|
403,791
|
| Proceeds from short-term notes payable |
0
|
311,070
|
311,070
|
372,232
|
| Payments on advances to related party |
0
|
(6,356)
|
64,569
|
0
|
| Goodwill impairment charge |
|
|
680,772
|
0
|
| Payments on convertible notes payable |
0
|
(25,000)
|
(75,000)
|
(389,638)
|
| Payments on opearting lease obligations |
(5,353)
|
(15,853)
|
(51,365)
|
(58,737)
|
| Payments on notes payable |
0
|
(36,515)
|
(286,518)
|
0
|
| Preferred stock issued for services |
|
|
0
|
555,000
|
| Proceeds from sale of preferred stock - Class C |
0
|
760,000
|
760,000
|
0
|
| Proceeds from sale of preferred stock - Class D |
0
|
1,500,000
|
2,000,000
|
0
|
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
563,456
|
2,516,095
|
4,869,341
|
2,018,724
|
| Changes in operating assets and liabilities: |
|
|
|
|
| NET CHANGE IN CASH |
(71,399)
|
1,493,213
|
(6,988)
|
88,345
|
| Cash at end of period |
120,086
|
1,691,686
|
191,485
|
198,473
|
| Interest paid |
0
|
0
|
20,853
|
0
|
| Income tax paid |
0
|
0
|
0
|
0
|
| Non-cash consideration given for acquisitions through issuance of common stock and notes payable |
0
|
550,000
|
511,706
|
0
|
| Conversion of preferred stock to common stock |
0
|
100
|
282
|
4,000
|
| Deferred stock compensation recognized for acquisitions |
0
|
450,000
|
450,000
|
0
|
| NET CASH USED IN OPERATING ACTIVITIES |
(634,855)
|
(997,882)
|
(4,831,629)
|
(1,955,379)
|
| Discount recognized on deferred stock compensation for acquisitions |
0
|
110,402
|
110,402
|
0
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
|
| Cash received for return on investment |
|
|
|
25,000
|
| Cash paid for acquisition related expenses |
|
|
(25,000)
|
|
| Cash paid for property, plant and equipment |
|
|
(19,700)
|
0
|
| NET CASH USED IN INVESTING ACTIVITIES |
0
|
(25,000)
|
(44,700)
|
25,000
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
|
| Proceeds from long-term notes payable |
|
|
1,500,000
|
150,000
|
| Payments on advances to related party |
0
|
6,356
|
(64,569)
|
0
|
| Proceeds from issuance of convertible notes |
|
|
0
|
320,500
|
| Proceeds from sale of preferred stock - Class B |
|
|
0
|
408,000
|
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
563,456
|
2,516,095
|
4,869,341
|
2,018,724
|
| NET CHANGE IN CASH |
(71,399)
|
1,493,213
|
(6,988)
|
88,345
|
| Cash at beginning of period |
$ 191,485
|
$ 198,473
|
198,473
|
110,128
|
| NON-CASH INVESTING AND FINANCING ACTIVITIES: |
|
|
|
|
| Common stock issued for accrued interest |
|
|
0
|
15,420
|
| Original issue discount from issuance of notes payable |
|
|
0
|
39,500
|
| Common stock issued for conversion of debt and accrued interest |
|
|
3,172,918
|
778,657
|
| Recognition of debt discount attributable to derivative liability |
|
|
0
|
984,801
|
| Derivative liability settlements |
|
|
0
|
3,052,437
|
| Derivative liability recognized from convertible debt |
|
|
0
|
1,133,240
|
| Inventory transferred to Related Party for Note Receivable |
|
|
63,456
|
0
|
| Investment in Jacksam transferred for reduction in Related Party debt |
|
|
547,010
|
218,874
|
| Non-cash portion of termination agreement removing accrued compensation and Related Party debt in exchange for stock and new Related Party note |
|
|
$ 1,234,052
|
0
|
| Derivative liability in excess of face value |
|
|
|
$ 149,213
|