v3.21.2
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (1,703,351) $ (10,610,550)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 32,209 195,422
Increase in notes payable and Series D-2 for defaults (546,542) 224,553
Excess fair market value of common shares over liabilities settled   101,952
Accrual of dividends on preferred stock 13,673
Change in fair value of derivative liability (830,299)  
Gain/loss on derivative liability and additional interest expense recorded on issuance 1,677,858 9,011,680
Loss on exchange and issuance of preferred stock
Amortization of debt discount 37,568
Stock compensation
Right of use lease 4,370
Accounts receivable (15,376) 120,894
Prepaid Expenses 1,915 (3,500)
Inventory (4,744) 85,632
Other current assets 76,757
Accounts payable and accrued liabilities 921,623 564,955
Net Cash Provided By (Used in) Operating Activities (429,139) (214,162)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment 399
Cash received from acquisition
Cash paid on acquisition 0
Software development costs (30,000) 0
Security deposit (5,060) (133,319)
Net Cash Used in Investing Activities (35,060) (132,920)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds (repayments) from stockholders 896 (464)
Proceeds from convertible notes payable and notes payable 345,000 60,000
Proceeds from Preferred Series Stock 59,999
Repayments of related party notes payable (35,000) (15,000)
Proceeds from PPP and SBA loans 232,201 294,882
Payments on merchant financing (1,524) (60,217)
Proceeds from bank loans 16,687
Net Cash Provided by Financing Activities 601,572 295,887
Effect of Exchange Rate Changes on Cash and Cash Equivalents 959
Net decrease in cash and cash equivalents 137,373 (51,195)
Cash and cash equivalents, beginning of period 11,784 118,860
Cash and cash equivalents, end of period 149,157 67,665
Supplemental cash flow information    
Cash paid for interest
Cash paid for taxes
Non-cash transactions:    
Discounts on convertible notes payable 182,085 9,739
Conversions of convertible notes payable, accrued interest and derivatives 19,685,561 100,614
Conversion preferred stock into common stock 1,002,239 30,997
Issuance of Series A for liabilities and related party payables