CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
|
6 Months Ended |
12 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Dec. 31, 2022 |
Dec. 31, 2021 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
|
| Net loss attributable to Singlepoint Inc. stockholders |
$ (3,526,593)
|
$ (4,749,073)
|
$ (8,852,677)
|
$ (5,373,015)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Loss attributable to non-controlling interests |
(238,927)
|
(201,189)
|
(349,856)
|
(390,932)
|
| Common stock issued for services |
36,118
|
1,111,038
|
1,502,513
|
146,283
|
| Bad debt expense |
23,826
|
105,040
|
178,958
|
0
|
| Preferred stock issued for services |
|
|
2,000
|
0
|
| Depreciation |
162,296
|
85,503
|
216,623
|
44,763
|
| Amortization of intangibles |
202,224
|
83,094
|
312,543
|
14,520
|
| Amortization of debt discounts |
305,192
|
348,453
|
1,376,934
|
16,772
|
| Amortization of deferred compensation |
0
|
30,187
|
(120,747)
|
(105,652)
|
| Goodwill impairment charge |
0
|
28,005
|
1,315,973
|
680,772
|
| Loss on settlement of debt |
352,576
|
0
|
125,001
|
513,909
|
| (Gain) loss on change in fair value of equity securities |
|
|
0
|
76,627
|
| Common stock issued for warrants |
|
|
0
|
416,444
|
| Changes in operating assets and liabilities (net of acquisitions): |
|
|
|
|
| Prepaid expenses |
39,323
|
(139,364)
|
(9,812)
|
(36,013)
|
| Inventory |
(685,071)
|
(109,071)
|
(844,213)
|
(70,250)
|
| Accounts receivable |
481,929
|
(222,944)
|
(1,272,320)
|
(87,395)
|
| Contract assets |
(649,505)
|
(7,311)
|
(160,549)
|
0
|
| Accounts payable |
(611,110)
|
935,068
|
1,364,352
|
(13,546)
|
| Accrued expenses |
1,662,058
|
297,527
|
(53,062)
|
151,597
|
| Unearned revenue |
1,889,146
|
560,595
|
1,122,013
|
0
|
| NET CASH USED IN OPERATING ACTIVITIES |
(556,518)
|
(1,844,442)
|
(4,164,983)
|
(4,831,629)
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
|
| Acquisitions, net of cash acquired |
0
|
(1,283,613)
|
(1,272,320)
|
0
|
| Cash paid for notes receivable from related party |
(56,500)
|
0
|
157,000
|
0
|
| Cash paid for property |
(51,836)
|
(71,966)
|
(92,922)
|
(19,700)
|
| Cash paid for acquisition related expenses |
|
|
0
|
(25,000)
|
| NET CASH USED IN INVESTING ACTIVITIES |
(108,336)
|
(1,355,579)
|
(1,522,242)
|
(44,700)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
|
| Proceeds from sale of common stock |
123,787
|
499,271
|
767,233
|
540,899
|
| Proceeds from advances from related party |
105,250
|
93,627
|
275,878
|
234,824
|
| Proceeds from issuance of convertible notes |
350,000
|
3,777,500
|
3,777,500
|
0
|
| Payments on advances to related party |
(101,229)
|
(145,000)
|
185,470
|
64,569
|
| Payments on convertible notes payable |
(113,904)
|
0
|
0
|
(75,000)
|
| Payments on capital lease obligations |
(142,619)
|
(64,388)
|
(202,982)
|
(51,365)
|
| Payments on notes payable |
(152,707)
|
(250,000)
|
(754,262)
|
(286,518)
|
| Proceeds from notes payable |
|
|
552,085
|
1,811,070
|
| Proceeds from sale of preferred stock - Class C |
100,000
|
0
|
0
|
760,000
|
| Proceeds from sale of preferred stock - Class E |
382,940
|
1,488,000
|
1,830,000
|
0
|
| Proceeds from sale of preferred stock - Class D |
|
|
0
|
2,000,000
|
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
551,518
|
5,399,010
|
6,059,982
|
4,869,341
|
| NET CHANGE IN CASH |
(113,336)
|
2,198,989
|
372,757
|
(6,988)
|
| Cash at beginning of period |
564,242
|
191,485
|
191,485
|
198,473
|
| Cash at end of period |
450,906
|
2,390,474
|
564,242
|
191,485
|
| SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION: |
|
|
|
|
| Interest paid |
3,417
|
32,669
|
169,055
|
20,853
|
| Income tax paid |
0
|
0
|
0
|
0
|
| NON-CASH INVESTING AND FINANCING ACTIVITIES: |
|
|
|
|
| Recognition of new right of use assets and lease liabilities |
132,639
|
0
|
66,969
|
0
|
| Non-cash consideration given for acquisitions through issuance of common stock and notes payable |
0
|
2,422,836
|
|
|
| Original issue discount from issuance of notes payable |
0
|
1,523,198
|
|
|
| Common stock issued for conversion of debt and accrued interest |
176,402
|
45,277
|
45,277
|
3,172,918
|
| Conversion of preferred stock to common stock |
308,020
|
24
|
2,581
|
282
|
| Accrual of preferred stock dividends |
$ 134,570
|
$ 0
|
|
|
| Common stock issued for purchase of investment |
|
|
134,376
|
0
|
| Inventory transferred to related party for note receivable |
|
|
0
|
63,456
|
| Investment in Jacksam transferred for reduction in related party debt |
|
|
0
|
547,010
|
| Non-cash portion of termination agreement removing accrued compensation and related party debt in exchange for stock and new related party note |
|
|
0
|
1,234,052
|
| Deferred stock compensation recognized for acquisitions |
|
|
0
|
450,000
|
| Discount recognized on deferred stock compensation for acquisitions |
|
|
$ 0
|
$ 110,402
|