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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (1,183,376) $ (1,841,012)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 90,591 53,505
Interest expense on convertible debt 0 8,354
Loss on disposal of asset 0 1,244
Bad debt expense 0 30,000
Inventory obsolescence 7,312 20,116
Share-based compensation 325,518 393,740
Non-cash lease expense 30,572 28,718
Loss on equity method investment 99,135 0
Changes in assets and liabilities:    
Accounts receivable (245,550) 59,416
Inventory (37,953) (282,810)
Prepaid - related parties 0 (200,000)
Prepaid and other assets 91,757 (149,949)
Accounts payable 9,071 (47,999)
Accounts payable - related parties (136,997) 138,181
Accrued royalties and expenses (70,654) 147,382
Accrued liabilities (241,030) (390,905)
Net cash used in operating activities (1,261,604) (2,032,019)
Cash flows from investing activities:    
Purchase of property and equipment (4,391) (57,456)
Purchase of intangible assets 0 (500,000)
Investment in equity securities (600,000) 0
Net cash flows used in investing activities (604,391) (557,456)
Cash flows from financing activities:    
Draw on line of credit 800,000 0
Pay off line of credit (800,000) 0
Proceeds from issuance of stock in equity offering 28,939,257 0
Distribution to noncontrolling interest shareholders (200,000) 0
Net cash flows provided by financing activities 28,739,257 0
Net increase (decrease) in cash 26,873,262 (2,589,475)
Cash and cash equivalents, beginning of period 455,366 6,611,928
Cash and cash equivalents, end of period 27,328,628 4,022,453
Cash paid during the period for:    
Interest 711 0
Income taxes 0 0
Supplemental non-cash investing and financing activities:    
Common stock issued for conversion of Series F preferred stock 0 11,368,150
Common stock issued for conversion of related party debt and interest 0 1,611,911
Common stock issued for asset acquisitions $ 1,750,000 $ 0