v3.22.1
Condensed Consolidated Statement of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (5,260,898) $ (21,941,099)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 42,600 439,269
Increase in notes payable and Series D-2 for defaults 491,897
Excess fair market value of common shares over liabilities settled
Accrual of dividends on preferred stock 41,243
Change in fair value of derivative liability 1,669,945
Gain/loss on derivative liability and additional interest expense recorded on issuance 1,774,217 18,860,260
Loss on exchange and issuance of preferred stock 109,080
Amortization of debt discount 342,738 4,460
Preferred stock dividends 27,420
Stock compensation 1,585
Right of use lease 176,533
Accounts receivable (8,529) 128,497
Prepaid Expenses (580) (5,320)
Inventory 73,019 64,815
Other current assets 179,100
Accounts payable and accrued liabilities 978,709 1,020,096
Lease liability (1,508)
Net Cash Provided By (Used in) Operating Activities (536,307) (609,210)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment 399
Cash received from acquisition
Cash paid on acquisition
Software development costs (88,999) (180,426)
Security deposit 9,940
Net Cash Used in Investing Activities (79,059) (180,027)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds (repayments) from stockholders 3,021 (338)
Proceeds from convertible notes payable and notes payable 637,875 80,000
Proceeds from Preferred Series Stock 190,001 5,000
Preferred Series Stock Cancelled (60,000)  
Repayments of related party notes payable (35,000)
Proceeds from PPP and SBA loans (295,083) 620,182
Payments on merchant financing 175,554 (62,937)
Proceeds from bank loans 16,687
Net Cash Provided by Financing Activities 616,368 658,593
Effect of Exchange Rate Changes on Cash and Cash Equivalents - (962)
Net decrease in cash and cash equivalents 1,002 (130,644)
Cash and cash equivalents, beginning of period 11,784 118,860
Cash and cash equivalents, end of period 12,786 11,784
Supplemental cash flow information    
Cash paid for interest  
Cash paid for taxes  
Non-cash transactions:    
Discounts on convertible notes payable 220,889
Conversions of convertible notes payable, accrued interest and derivatives 21,230,520 120,300
Conversion preferred stock into common stock 1,184,559
Reduction of APIC related to derivative recorded on Preferred stock in equity 428,735
Conversion of Series B and D-2 preferred stock to common stock $ 45,300