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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 1,329,377 $ 840,005
Adjustments to reconcile net income from operations to net cash provided by operating activities:    
Depreciation of property and equipment 147,947 249,614
Amortization of intangible assets 138,500 192,250
Amortization of operating lease right-of-use assets 54,625 89,532
Gain on cancellation of office lease (141,001)
Impairment loss on digital tokens 756,195
Realized (gain) loss from the sale of digital tokens (301,160) 72,123
Write-off of note receivable 56,042
Gain on extinguishment of term debt (506,500)
Stock-based compensation (67,544) 194,096
Bad debt expense (3,235) (28,461)
Common stock issued for consulting services 43,500
Changes in operating assets and liabilities:    
Digital tokens (876,407)
Accounts receivables (42,943) 118,939
Digital tokens receivable 210,000 (210,000)
Operating lease liability (54,625) (93,123)
Digital tokens payable 210,049
Prepaid expenses and other current assets 25,442 (214,229)
Other assets 16,897
Accounts payable, accrued expenses and other current liabilities 270,100 (420,478)
Deferred subscription revenue (199,766) 146,855
Net cash provided by operating activities 1,090,055 912,561
Cash flows from investing activities:    
Proceeds from Secured Communications Assets 150,000
Proceeds from the sale of digital tokens 806,618 75,406
Net cash provided by investing activities 806,618 225,406
Cash flows from financing activities:    
Borrowings of term debt 506,500
Proceeds from issuance of common stock, net of issuance costs 3,230,739
Purchase of treasury stock (8,844)
Net cash provided by financing activities 3,230,739 497,656
Net increase in cash and cash equivalents 5,127,412 1,635,623
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 10,712,832 5,062,681
Non-cash investing and financing activities:    
Modification of operating lease right-of-use asset and liability $ 244,940