XML 24 R6.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flow From Operating Activities:    
Net Loss $ 2,619,261 $ (934,532)
Adjustments to Reconcile Net Loss to Net Cash Used In Operating Activities:    
Depreciation and Amortization 171,909 176,845
Amortization of Lease Liability 39,329 39,644
Amortization of Debt Discount 0 17,534
Amortization of Software Costs 10,475 0
Equity Compensation Expense 182,772 80,917
Value of Equity Issued for Services 48,000 44,000
Reserve for Bad Debt 25,000 (105,000)
Inventory Reserve (100,000) 0
Decrease (Increase) in:    
Accounts Receivable (1,676,539) 222,922
Inventory 1,815,942 288,827
Prepaid Expenses 16,807 6,792
Vendor Deposits (1,125,508) (79,275)
Other Assets (8,924) (64,914)
Increase (Decrease) in:    
Accounts Payable 118,955 (475,851)
Accrued Expenses 232,813 225,072
Accrued Interest (66,667) (50,000)
Accrued Officer Compensation 30,383 (40,208)
Customer Deposits 1,017,533 (1,486)
Lease Liability (35,865) 0
 Net Cash Provided By (Used in) Operating Activities 3,315,678 (648,714)
Cash Flow From Investing Activities:    
Capitalized Software Costs 0 (125,704)
Purchase of Property and Equipment (14,585) (34,582)
Net Cash Used in Investing Activities (14,585) (160,286)
Cash Flow From Financing Activities:    
  Proceeds from Exercise of Warrants 57,500 0
Repayment of Principal Balance on Convertible Note (500,000) 0
Net Cash Used in Financing Activities (442,500) 0
 Increase (Decrease) In Cash and Cash Equivalents 2,858,594 (809,000)
Cash and Cash Equivalents - Beginning 897,223 2,004,938
Cash and Cash Equivalents - Ending 3,755,816 1,195,938
Supplemental Cash Flow Information:    
Cash Paid For Interest 107,356 100,000
Cash Paid For Income Taxes 0 800
Non-Cash Investing and Financing Activities :    
Accrued Equity Compensation 27,189 59,845
Conversion of Note Payable into Common Stock 4,500,000 0
Equipment, net Transferred to Inventory $ 36,256 $ 0