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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ (1,841,012) $ (162,572)
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation and amortization 53,505 4,340
Interest expense on convertible debt 8,354 3,255
Loss on disposal of asset 1,244 7,500
Bad debt expense 30,000 0
Share-based compensation 393,740 0
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable 59,416 (147,790)
(Increase) decrease in inventory (262,694) 119,354
(Increase) decrease in prepaid - related parties (200,000) 0
(Increase) decrease in prepaid and other assets (121,231) (506,118)
Increase (decrease) in accounts payable (47,999) 14,279
Increase (decrease) in accounts payable related parties 138,181 38,670
Increase (decrease) in accrued royalties and expenses 147,382 53,449
Increase (decrease) in accrued liabilities (390,905) 139,490
Net cash flows provided by (used in) operating activities (2,032,019) (436,143)
Cash flows from investing activities:    
Purchase of property and equipment (57,456) (6,794)
Cash received in reverse acquisition 0 508,973
Purchase of intangible assets (500,000) 0
Net cash flows used in investing activities (557,456) 502,179
Cash flows from financing activities:    
Draw on line of credit 0 500,000
Net cash flows provided by financing activities 0 500,000
Net increase (decrease) in cash (2,589,475) 566,036
Cash and cash equivalents, beginning of period 6,611,928 176,421
Cash and cash equivalents, end of period 4,022,453 742,457
Cash paid during the period for:    
Interest 0 2,170
Income Taxes 0 0
Supplemental non-cash investing and financing activities:    
Common stock issued for conversion of Series F Preferred Stock 11,368,150 0
Common stock issued for conversion of Related Party debt and interest 1,611,911 0
Common stock issued in reverse capitalization; less cash received of $508,973 $ 0 $ 1,666,537