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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:    
Net loss $ (4,445,145) $ (2,835,778)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 291,370 119,951
Interest expense on convertible debt 8,354 61,934
Interest expense on PPP loan 3,174 0
Loss on disposal of asset 2,897 15,944
Bad debt expense 30,000 110,000
Inventory obsolescence 318,076 120,442
Share-based compensation 1,402,897 0
Non-cash lease expense 117,598 99,009
Debt forgiveness, including interest (586,174) 0
Changes in assets and liabilities:    
Accounts receivable (961,462) (324,368)
Inventory (719,810) (401,647)
Prepaid and other assets (449,915) (554,969)
Accounts payable (66,253) (65,037)
Accounts payable - related parties 154,921 (19,599)
Accrued royalties and expenses (25,870) 282,004
Accrued liabilities 890,824 1,224,713
Net cash used in operating activities (4,034,518) (2,167,401)
Cash Flows From Investing Activities:    
Purchase of property and equipment (544,374) (182,825)
Cash received in reverse acquisition 0 508,973
Repurchase and cancellation of fractional shares 0 (1,061)
Proceeds from disposal of assets 0 301
Purchase of intangible assets (1,100,000) (1,522,485)
Investment in equity securities (1,100,000) 0
Net cash flows used in investing activities (2,744,374) (1,197,097)
Cash Flows From Financing Activities:    
Draw on line of credit 0 2,200,000
Pay off line of credit 0 (2,200,000)
Proceeds from PPP Loan 583,000 0
Private placement stock issue 0 10,000,005
Advance on future noncontrolling interest distribution 0 (200,000)
Common stock issued for Employee Stock Purchase Plan 39,330 0
Net cash flows provided by financing activities 622,330 9,800,005
Net increase (decrease) in cash (6,156,562) 6,435,507
Cash, beginning of period 6,611,928 176,421
Cash, end of period 455,366 6,611,928
Cash paid during the period for:    
Interest 0 43,985
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 issuable in payment of intangible asset 750,000 0
Common stock issued in reverse capitalization; less cash received of $508,973 $ 0 $ 1,666,537