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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities    
Net income/(loss) $ 711,100 $ (1,467,656)
Adjustments to reconcile net loss to net cash provided/(used) by operating activities:    
Depreciation and amortization 680,004 888,391
Gain on disposal of property and equipment 9,219 311
Amortization of right-of-use assets 438,539 281,758
Change in allowance for inventory obsolescence (948,733) (19,569)
Change in allowance for doubtful accounts (137,356) (6,416)
Share-based compansation 65,318 143,208
Income tax expense/ (benefit) 127,431 189,543
Interest expense paid in equity shares 657,329 1,004,518
Accrued interest on notes payable 41,833 291,384
Amortization of original issue discounts on notes payable 475,000 317,667
Gain on marketable securities (1,869,338) (338,057)
Settlement Agreement - Related Party (3,674,165)
Changes in operating assets and liabilities net of effects from acquisition of subsidiaries:    
Accounts receivable 1,420,861 (62,013)
Accounts receivable - related party (71,581) (90)
Inventory 383,731 (419,711)
Prepaid expenses and other curent asstets (631,714) (297,176)
Other assets 169,346 (834,561)
Other liabilities 11,438 (90,121)
Accounts payable (543,272) (854,616)
Operating lease liabilities (450,102) (293,138)
Deposits from customers 66,808 9,166
Accrued expenses 161,820 (143,160)
Deferred revenue 138,595 227,172
Income taxes payable (88,765) 102,463
Net cash used by operating activities (2,856,654) (1,370,703)
Cash Flows from Investing Activities    
Purchase of property and equipment (944,601) (4,340,023)
Investment in Virtual Driver Interactive (900,000)
Investment in MasterpieceVR (500,000)
Proceeds from sale of marketable securities 7,080,375 13,083,547
Purchase of marketable securities (4,845,903) (12,347,199)
Purchases of treasury stock (190,483)
Note Receivable - Related party
Net cash used by investing activities (110,129) (3,794,158)
Cash Flows from Financing Activities    
Proceeds from notes payable 2,990,000
Payments on notes payable (2,070,257) (676,640)
Proceeds on bank loans 2,476,000
Payments on bank loans (655,276) (133,414)
Proceeds from Paycheck Protection Program Loans 1,970,785
Proceeds from securities purchase agreements 1,580,100
Expenses on securities purchase agreements (58,950)
Revolving line of credit 387,598
Net cash provided/(used) by financing activities (754,748) 6,564,694
Effect of currency translation (70,668) (193,974)
Net increase in cash, cash equivalents, and restricted cash (3,721,531) 1,399,833
Cash, cash equivalents, and restricted cash at beginning of period 21,072,859 2,858,085
Cash, cash equivalents, and restricted cash at end of period 17,280,660 4,063,944
Balance Sheet Accounts Included in Cash, Cash Equivalents, and Restricted Cash    
Cash and equivalents 15,573,734 2,809,591
Restricted cash 1,706,926 1,254,353
Total cash, cash equivalents, and restricted cash 17,280,660 4,063,944
Supplemental Disclosure of Cash Flow Information:    
Cash paid during the period for interest 283,855 342,268
Cash paid during the period for income taxes 88,765 188
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Investment in Virtual Driver Interactive 439,774
Stock issued to pay for products and/or services 198,583
Stock issued to pay notes payable $ 1,707,327 $ 3,632,518