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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,501,963) $ (5,026,990)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 617,978 0
Write-off of due from related party 43,375 0
Depreciation and amortization 49,318 26,473
Amortization of debt discount 1,497,268 1,273,768
Change in fair value of derivative liabilities (1,350,513) 2,801,706
Gain on settlement of debt 48,245 0
Prepayment and Default penalty 245,546 0
Changes in operating assets and liabilities:    
Accounts receivable 527,627 440,471
Accounts receivable - related party 0 0
Other current assets 26,762 4,086
Accounts payable (221,583) (827,381)
Other current liabilities 491,427 (22,332)
Deferred tax asset 0 (852)
Net cash used in operating activities (1,526,513) (1,331,051)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of subsidiary, net of cash acquired 15,781 239,516
Purchase of property and equipment (78,306) 0
Payment of loan receivable - related party (17,187) (24,500)
Payment of due from related parties - related party 388 0
Net cash provided by (used in) investing activities (79,324) 215,016
CASH FLOWS FROM FINANCING ACTIVITIES:    
Bank overdraft 0 (82)
Proceeds from loans payable 933,280 446,824
Repayments of loans payable (607,447) (534,651)
Proceeds from loans payable - related parties 20,182 46,438
Repayment of loans payable - related parties (20,197) (38,400)
Contribution 0 10,000
Common stock issued 715,004 0
Proceeds from convertible notes 1,420,000 2,058,250
Repayment of convertible notes (492,190) (660,401)
Net cash provided by financing activities 1,968,632 1,327,978
Effect of exchange rate changes on cash 14,036 (6,239)
Net change in cash and cash equivalents 376,831 205,704
Cash and Cash Equivalents, at Carrying Value, Beginning Balance 270,503 4,570
Cash and Cash Equivalents, at Carrying Value, Ending Balance 647,334 210,274
Supplemental cash flow information    
Cash paid for interest 641,390 530,572
Cash paid for taxes 0 0
Non-cash transactions:    
Derivative liabilities recognized as debt discount 1,006,642 1,005,350
Common stock issued in conjunction with convertible notes 0 817,900
Common stock issued for conversion of debt 767,431 5,000
Stock Issued During Period, Value, Stock Options Exercised 3,233 0
Resolution of derivative liabilities 3,742,060 181,326
Debt forgiveness, Value 0 406,080
Common stock issued for settlement of debt. Value 365,678 0
Amount owing for acquisition of IOT 60,000 0
Common stock issued for forbearance of debt 2,900 0
Replacement of convertible notes to note payable $ 1,000,000 $ 0