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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 1,738,413 $ 93,157
Adjustments to reconcile net income from operations to net cash provided by operating activities:    
Depreciation of property and equipment 101,856 171,726
Amortization of intangible assets 92,333 128,167
Amortization of operating lease right-of-use assets 34,021 76,828
Gain on cancellation of office lease   (141,001)
Impairment loss on digital tokens 184,737  
Realized (gain) loss from the sale of digital tokens (247,293) 23,838
Write-off of note receivable   56,042
Gain on extinguishment of term debt (506,500)
Stock-based compensation (160,974) 146,389
Bad debt expense (3,235)
Digital tokens received as payment for services (733,835)  
Accounts receivables 22,384 117,900
Digital tokens receivable 210,000 (112,000)
Operating lease liability (34,021) (80,419)
Digital tokens payable 149,587
Deferred offering costs (212,420)  
Prepaid expenses and other current assets 28,620 (14,417)
Other assets 16,897
Accounts payable, accrued expenses and other current liabilities (4,327) (200,382)
Deferred subscription revenue (47,358) 140,070
Net cash provided by operating activities 611,988 422,795
Cash flows from investing activities:    
Proceeds from the sale of digital tokens 304,304 31,356
Net cash provided by investing activities 304,304 31,356
Cash flows from financing activities:    
Borrowings of term debt   506,500
Purchase of treasury stock   (8,844)
Net cash provided by financing activities   497,656
Net increase in cash and cash equivalents 916,292 951,807
Balance of cash and cash equivalents at beginning of period 5,585,420 3,427,058
Balance of cash and cash equivalents at end of period $ 6,501,712 $ 4,378,865