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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ 3,077,967 $ (6,531,548)
Less: Net loss from discontinued operations (1,697,744)
Net income (loss) from continuing operations 3,077,967 (4,833,804)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 161,713 174,947
Amortization 104,130 83,285
Amortization of right-of-use assets 228,703 122,034
Amortization, related party 7,500 7,500
Interest expense - debt discount 20,044 677,022
Gain on extinguishment of debt (481,533)
Change in fair value of warrant liability 678,769 (4,411)
Accretion of original issue discount on notes receivable - related party (3,870)
Accretion of original issue discount on notes receivable (64,596) (3,738)
Increase in accrued interest on notes receivable - related party (745)
Stock-based compensation 19,602 122,763
Realized losses on other investments 27,500
Realized gains on sale of marketable securities (4,891,601) (14,442)
Unrealized (gains) losses on marketable equity securities (2,259,739) 121,068
Unrealized (gains) losses on equity securities - related party (153,576) 181,990
Unrealized (gains) losses on equity securities (57,560) 92,930
Provision for loan losses 1,000,000
Changes in operating assets and liabilities:    
Marketable equity securities (8,869,664)  
Accounts receivable 300,848 (607,615)
Accrued revenue 104,231 403,955
Inventories (117,654) 25,590
Prepaid expenses and other current assets (90,656) 103,636
Other assets (85,525) (46,813)
Accounts payable and accrued expenses (1,709,982) 894,001
Accounts payable, related parties (3,118) (9,725)
Other current liabilities 77,677 480,477
Lease liabilities (229,812) (115,350)
Net cash used in continuing operating activities (14,238,447) (1,117,200)
Net cash provided by discontinued operating activities 1,246
Net cash used in operating activities (14,238,447) (1,115,954)
Cash flows from investing activities:    
Purchase of property and equipment (4,348,871) (155,981)
Investment in promissory notes, related parties (3,594,698) (50,661)
Investments in derivative liabilities and common stock, related parties (4,756,302) (1,413)
Investment in real property, related party (2,670,000)
Purchase of marketable equity securities
Sales of marketable equity securities 430,124 106,589
Investments in debt and equity securities (1,787,010) (510)
Net cash used in investing activities (16,726,757) (101,976)
Cash flows from financing activities:    
Gross proceeds from sales of common stock and warrants 124,983,305
Financing cost in connection with sales of equity securities (4,064,837)
Proceeds from notes payable 600,000
Proceeds from short-term advances - related party 573,754
Payments on short-term advances - related party (28,779)
Payments on notes payable (971,925) (80,782)
Payments on advances on future receipts (20,000)
Payments of preferred dividends (4,400) (4,460)
Payments on revolving credit facilities, net (7,973) 231,957
Net cash provided by financing activities 119,934,170 1,271,690
Effect of exchange rate changes on cash and cash equivalents 152,451 89,194
Net increase (decrease) in cash and cash equivalents 89,121,417 142,954
Cash and cash equivalents at beginning of period 18,679,848 483,383
Cash and cash equivalents at end of period 107,801,265 626,337
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 658,042 38,345
Non-cash investing and financing activities:    
Cancellation of notes payable into shares of common stock 449,516 1,909,350
Payment of accounts payable with digital currency 118,627
Cancellation of short term advances, related party into shares of common stock 739,948
Purchase of marketable equity securities for future payment $ 33,647,059