v3.21.2
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (7,504,971) $ (4,430,486)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 42,874 264,678
Increase in notes payable and Series D-2 for defaults 355,684
Excess fair market value of common shares over liabilities settled 123,375
Accrual of dividends on preferred stock 20,661
Change in fair value of derivative liability 4,599,955
Gain/loss on derivative liability and additional interest expense recorded on issuance 1,642,731 2,323,080
Amortization of debt discount 72,784  
Accounts receivable (4,685) 3,290
Prepaid Expenses 1,915 108,616
Inventory (11,291) (4,405)
Security deposit 42,737
Other current assets 115,136
Accounts payable and accrued liabilities 535,745 692,210
Net Cash Provided By (Used in) Operating Activities (624,943) (385,424)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment 400
Software development costs (88,999) (175,426)
Security deposit (60)
Net Cash Used in Investing Activities (89,059) (175,026)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds (repayments) from stockholders 1,368 (235)
Proceeds from convertible notes payable and notes payable 637,875 60,000
Proceeds from Preferred Series Stock 189,999
Repayments of related party notes payable (35,000) (15,000)
Proceeds from PPP and SBA loans 7,519 485,782
Payments on merchant financing (5,014) (62,817)
Proceeds from bank loans 16,687
Net Cash Provided by Financing Activities 796,747 484,416
Effect of Exchange Rate Changes on Cash and Cash Equivalents 962
Net decrease in cash and cash equivalents 82,745 (76,034)
Cash and cash equivalents, beginning of period 11,784 118,860
Cash and cash equivalents, end of period 94,529 42,826
Supplemental cash flow information    
Cash paid for interest  
Cash paid for taxes  
Non-cash transactions:    
Discounts on convertible notes payable 220,889 7,099
Conversions of convertible notes payable, accrued interest and derivatives 21,059,173 106,833
Conversion preferred stock into common stock $ 1,184,559 $ 38,799