CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
|
9 Months Ended |
12 Months Ended |
Sep. 30, 2023 |
Sep. 30, 2022 |
Dec. 31, 2022 |
Dec. 31, 2021 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
|
| Net loss attributable to Singlepoint Inc. stockholders |
$ (4,797,453)
|
$ (6,353,921)
|
$ (8,852,677)
|
$ (5,373,015)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Loss attributable to non-controlling interests |
(323,767)
|
(271,330)
|
(349,856)
|
(390,932)
|
| Common stock issued for acquisition expenses |
136,118
|
0
|
|
|
| Common stock issued for services |
106,000
|
1,315,247
|
1,502,513
|
146,283
|
| Preferred stock issued for services |
0
|
2,000
|
2,000
|
0
|
| Bad debt expense |
23,826
|
124,660
|
178,958
|
0
|
| Depreciation |
252,186
|
147,642
|
216,623
|
44,763
|
| Amortization of intangibles |
303,336
|
187,836
|
312,543
|
14,520
|
| Amortization of debt discounts |
398,669
|
803,261
|
1,376,934
|
16,772
|
| Amortization of deferred compensation |
0
|
45,280
|
120,747
|
105,652
|
| (Gain) loss on change in fair value of equity securities |
|
|
0
|
76,627
|
| Goodwill impairment charge |
0
|
28,005
|
1,315,973
|
680,772
|
| Loss on debt settlement |
352,576
|
0
|
(125,001)
|
(513,909)
|
| Common stock issued for warrants |
|
|
0
|
416,444
|
| Changes in operating assets and liabilities (net of acquisitions): |
|
|
|
|
| Accounts receivable |
761,669
|
(984,416)
|
(1,272,320)
|
(87,395)
|
| Prepaid expenses |
78,624
|
(104,848)
|
(9,812)
|
(36,013)
|
| Inventory |
(508,212)
|
(931,785)
|
(844,213)
|
(70,250)
|
| Contract assets |
(795,424)
|
(67,611)
|
(160,549)
|
0
|
| Accounts payable |
(482,985)
|
1,661,099
|
1,364,352
|
(13,546)
|
| Accrued expenses |
2,649,386
|
192,272
|
(53,062)
|
151,597
|
| Unearned revenue |
1,290,320
|
1,132,401
|
1,122,013
|
0
|
| NET CASH USED IN OPERATING ACTIVITIES |
(555,131)
|
(3,074,208)
|
(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 investment |
0
|
(75,000)
|
|
|
| Cash paid for acquisition related expenses |
|
|
0
|
(25,000)
|
| Cash paid for notes receivable from related party |
(59,500)
|
0
|
(157,000)
|
0
|
| Cash paid for property |
(67,076)
|
(92,922)
|
(92,922)
|
(19,700)
|
| NET CASH USED IN INVESTING ACTIVITIES |
(126,576)
|
(1,451,535)
|
(1,522,242)
|
(44,700)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
|
| Proceeds from sale of common stock |
123,787
|
611,242
|
767,233
|
540,899
|
| Proceeds from advances from related party |
118,636
|
222,911
|
275,878
|
234,824
|
| Proceeds from notes payable |
|
|
552,085
|
1,811,070
|
| Proceeds from issuance of convertible notes |
480,000
|
3,777,500
|
3,777,500
|
0
|
| Payments on advances to related party |
(136,924)
|
(175,622)
|
(185,470)
|
(64,569)
|
| Payments on convertible notes payable |
(200,387)
|
0
|
0
|
(75,000)
|
| Payments on capital lease obligations |
(214,131)
|
(132,234)
|
(202,982)
|
(51,365)
|
| Payments on notes payable |
(199,075)
|
(375,622)
|
(754,262)
|
(286,518)
|
| Proceeds from sale of preferred stock - Class C |
100,000
|
0
|
0
|
760,000
|
| Proceeds from sale of preferred stock - Class D |
|
|
0
|
2,000,000
|
| Proceeds from sale of preferred stock - Class E |
483,780
|
1,488,000
|
1,830,000
|
0
|
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
555,686
|
5,416,175
|
6,059,982
|
4,869,341
|
| NET CHANGE IN CASH |
(126,021)
|
890,432
|
372,757
|
(6,988)
|
| Cash at beginning of period |
564,242
|
191,485
|
191,485
|
198,473
|
| Cash at end of period |
438,221
|
|
564,242
|
191,485
|
| SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION: |
|
|
|
|
| Interest paid |
20,503
|
169,055
|
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 |
290,104
|
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
|
| Common stock issued for purchase of investment |
|
|
134,376
|
0
|
| Conversion of preferred stock to common stock |
428,020
|
24
|
2,581
|
282
|
| 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
|
| Accrual of preferred stock dividends |
202,900
|
0
|
|
|
| Deferred stock compensation recognized for acquisitions |
|
|
0
|
450,000
|
| Discount recognized on deferred stock compensation for acquisitions |
|
|
$ 0
|
$ 110,402
|
| Rounding adjustment in connection with reverse split |
$ 283
|
$ 0
|
|
|