v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (21,513,334) $ (12,150,698)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 439,269 99,107
Stock based compensation 207,271
Amortization of debt discount 4,460 1,068,669
Impairment of goodwill 1,971,677
Increase in notes payable and Series D-2 for defaults 491,897 2,139,961
Accrual of dividends on preferred stock 41,243 201,636
Impairment of software development cost 513,601
Gain/loss on derivative liability and additional interest expense recorded on issuance 18,860,260 (3,524,861)
Loss on exchange and issuance of preferred stock 109,080 674,644
Excess fair market value of common shares over liabilities settled 196,713
Relief of notes payable and other liabilities through rescindment of emotion acquisition (163,805)
Accounts receivable 128,497 (40,474)
Prepaid Expenses (5,320) (2,716)
Inventory 64,815 49,141
Other current assets 179,100 114,119
Lease liability (1,508) 1,508
Security deposit 11,913
Accounts payable and accrued liabilities 1,020,096 509,541
Net Cash Provided By (Used in) Operating Activities (609,211) (1,069,580)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment 399 (16,146)
Cash received from acquisition 67,872
Cash paid on acquisition (79,937)
Software development costs (142,483)
Security deposit (180,426)
Net Cash Used in Investing Activities (180,027) (170,694)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds (repayments) from stockholders (338) 29,646
Proceeds from convertible notes payable and notes payable 60,000 539,915
Repayment of convertible notes payable (99,684)
Proceeds from preferred and common stock 5,000 131,000
Proceeds from related party notes payable 331,000
Proceeds from SBA and PPP loans 620,182
Proceeds on merchant financing 566,000
Payments on merchant financing (62,937) (170,244)
Proceeds from bank loans 16,687
Net Cash Provided by Financing Activities 658,593 1,497,877
Effect of Exchange Rate Changes on Cash and Cash Equivalents (962) (3,750)
Net decrease in cash and cash equivalents (130,644) 84,889
Cash and cash equivalents, beginning of period 118,860 37,721
Cash and cash equivalents, end of period 11,784 118,860
Supplemental cash flow information    
Cash paid for interest
Cash paid for taxes
Non-cash transactions:    
Discounts on convertible notes payable 539,915
Conversions of convertible notes payable, accrued interest and derivatives 120,300 1,072,707
Reduction of APIC related to derivative recorded on Preferred Stock in equity 428,735 582,824
Preferred stock issued for acquisitions 1,327,105
Conversion of Series B and D-2 preferred stock into common stock 45,300 357,229
Issuance of Series D-2 for accounts payable 200,000
Issuance of Sereis A for liabilities and related party payables 1,154,491
Net liabilities acquired from Emotion acquisition 734,388
Exchange of common and preferred stock for different series $ 53,439