v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash Flows from Operating Activities:            
Net income (loss)   $ (49,183) $ (93,701) $ (208,164) $ (49,183)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:            
Depreciation       12,140 11,673 $ 14,683
Amortization of original issue discounts       7,252    
Share based compensation to officers and consultants for services         136,321  
Gain on extinguishment of debt $ (135,979) (52,501)   (135,979) (206,047)  
Finance fees on derivatives         49,623  
Increase in derivative liability       202,690 0  
Changes in operating assets and liabilities            
Changes in Accounts receivable       (615,671) 113,792  
Changes in Amortizable OID       0 (26,773)  
Billings in excess of costs on incomplete projects       517,495 (313,538)  
Accounts payable and accrued expenses       91,184 41,782  
Net cash used in operating activities       (129,053) (242,350)  
Cash flows from investing activities            
Purchase of equipment       (20,306) 0  
Sales of equipment       (4,028) 1,400  
Proceeds from investments in long term leases       123 208  
Net cash provided by (used for) investing activities       (24,211) 1,608  
Cash Flows from Financing Activities:            
Proceeds from sale of common stock – net of expenses       7,653 340,044  
Proceeds from convertible notes and conversions       38,750 11,718  
Proceeds from financial institution loans         20,103  
Payments on short term debt       (132,368) (191,480)  
(Payments) Proceeds from long term debt       (22,456) 56,415  
Proceeds of related party notes payable       115,134 (8,146)  
Change in derivative liability       136,382    
Net cash provided by financing activities       143,095 228,654  
Net increase (decrease) in cash       (10,169) (12,088)  
Cash, beginning of period     $ 54,268 31,414 54,268 54,268
Cash, end of period $ 21,245 $ 42,180   21,245 42,180 $ 31,414
Cash paid for interest       36,924 31,156  
Shares issued for insider compensation       $ 0 $ 136,321