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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 1,324,106 $ 1,371,262
Adjustments to reconcile net income from operations to net cash provided by operating activities:    
Depreciation of property and equipment 186,178 325,044
Amortization of intangible assets 184,667 246,681
Amortization of operating lease right-of-use assets 74,416 104,083
Gain on cancellation of office lease (141,001)
Loss on disposal of property and equipment 39,238
Gain on extinguishment of digital token liability (338,553)
Impairment loss on digital tokens 765,232
Realized (gain) loss from the sale of digital tokens (307,934) 72,823
Write-off of note receivable 56,042
Gain on extinguishment of term debt (506,500)
Stock-based compensation (35,653) 243,197
Bad debt expense (3,235) 4,015
Common stock issued for consulting services 43,500
Changes in operating assets and liabilities:    
Digital tokens (884,263) (439,145)
Accounts receivable (78,803) 55,261
Digital tokens receivable 210,000 (210,000)
Operating lease liability (74,416) (107,674)
Digital tokens payable 215,156 123,397
Prepaid expense and other current assets (2,554) (219,263)
Other assets 16,897
Accounts payable, accrued expenses and other current liabilities 680,848 (378,285)
Deferred subscription revenue (143,228) 229,228
Net cash provided by operating activities 1,265,464 1,435,300
Cash flows from investing activities:    
Proceeds from Secured Communications Assets 150,000
Proceeds from the sale of digital tokens 858,848 75,406
Net cash provided by investing activities 858,848 225,406
Cash flows from financing activities:    
Borrowings of term debt 506,500
Proceeds from issuance of common stock, net of issuance costs 13,919,126
Proceeds from issuance of common stock pursuant to option exercise 8,002
Purchase of treasury stock (8,844)
Net cash provided by financing activities 13,927,128 497,656
Net increase in cash and cash equivalents 16,051,440 2,158,362
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 21,636,860 5,585,420
Non-cash investing and financing activities:    
Modification of operating lease right-of-use asset and liability 244,940
Issuance of common stock pursuant to cashless option exercises 38
Treasury stock received from cashless option exercises $ 183,341