XML 25 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ 699,901 $ 506,234 $ 584,394 $ 10,641
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation     160,117 26,409
Accumulated Amortization     236,130 0
Net change right-of-use assets and liabilities (45,289) 0 (19,313) 28,755
Depreciation and amortization 174,041 79,859    
Changes in operating assets and liabilities:        
Accounts receivable (617,335) (135,292) (671,730) 756,095
Work in process Inventory     7,584 (19,241)
Sales Demo Inventory     396,050 (786,414)
Employee Cash Advances     (3,000) 0
Equipment Parts Inventory 186,026 (131,475) (41,793) (690,069)
Finished Goods Inventory     19,535 (181,453)
Other assets 1,406 0    
Inventory 186,026 (131,475) (41,793) (690,069)
Deferred revenue (20,711) (338,801)    
Accounts payable and sales tax payable 87,044 (42,692) (636,147) 50,476
Unearned product Revenues       779,128
Sales tax payable       12,665
Net Cash Provided By (Used In) Operating Activities 462,270 (200,783) 1,375,287 (1,525,198)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of Machinery & Equipment     (2,750) (794,945)
Purchase of Vehicles     0 (9,989)
Purchase of Office & Computer Equipment     (2,995) (39,449)
Purchase of R&D Equipment     (6,920) (31,053)
Purchase of Intangible assets     (216,800) (3,184,280)
Cash outlay for fixed assets 0 (2,750)    
Cash outlay for intangible assets (4,195) (2,995)    
Net Cash Used In Investing Activities (4,195) (5,745) (229,465) (4,059,716)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from Notes     (665,084) 926,768
Proceeds from (repayment of) PPP loans (317,328) 198,750 118,578 198,750
Dividents paid     (310,280)  
Proceeds from Sale of Common Stock       4,786,110
Proceeds from (repayment of) loan payable - related party (216,395) (217,031)    
Net Cash (Used In) Provided by Financing Activities (533,723) (18,281) (856,787) 5,911,628
Net Change in Cash (75,648) 176,757 289,035 326,714
Cash - Beginning of period 326,714 0 326,714 0
Cash - End of period 540,101 503,470 615,749 326,714
Cash Paid During the Period for:        
Interest $ 14,426 $ 32,453 49,351 43,300
Income taxes     15,456 68
ICT Investments Loan:Note 2     (428,243) (689,937)
ICT Investments Loan:Note 2     (236,841) (236,841)
Total     $ (665,084) $ (926,778)