XML 24 R6.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Cash Flows From Operating Activities:        
Net loss $ (2,277,539) $ (693,086) $ (1,152,134) $ (805,732)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation 4,484 4,050 6,218 5,782
Change in fair value of warrant liability (94,025) (30,971) (579,146) 256,580
Amortization of right-of-use asset 45,012 40,408 54,616 49,169
Amortization of debt discount 885,505 3,389
Gain on settlement of accounts payable (328,687)    
Gain on forgiveness of Paycheck Protection Program note payable (73,007) (62,500) (62,500)
Gain on interest relief on conversion of notes payable 12,625    
Stock-based compensation 356,733 367,551 910,067 459,589
Changes in operating assets and liabilities:        
Contracts receivable (5,954) 211,455 211,455 164,927
Prepaid expenses (158,276) 5,281 7,713 (586)
Accounts payable and accrued expenses (392,473) 3,646 311,347 (51,127)
Accrued interest payable 5,727 270 160 392
Accrued interest payable - related parties 38,286 31,641 46,947 (54,959)
Operating lease liability (48,998) (42,930) (58,468) (50,866)
Net cash used in operating activities (2,030,587) (165,185) (300,336) (26,831)
Cash Flows From Investing Activities:        
Purchase of property and equipment (10,818)
Net cash used in investing activities (10,818)
Cash Flows From Financing Activities:        
Proceeds from issuance of common shares and exercise of warrants 10,045,513    
Repayment of note payable-related party (50,000)    
Proceeds from notes payable-related parties 50,000 120,000 120,000 7,573
Proceeds from PPP note payable 73,007 73,007 62,500
Proceeds from notes payable 600,715 494,925
Net cash provided by financing activities 10,646,228 193,007 687,932 70,073
Net change in cash 8,615,641 27,822 387,596 32,424
Cash, beginning of period 504,749 117,153 117,153 84,729
Cash, end of period 9,120,390 144,975 504,749 117,153
Cash paid for:        
Interest 17,489 293 293 1,886
Income taxes
Supplemental non-cash financing activities:        
Shares issued for conversion of accrued interest 16,340    
Common stock issued for conversion of convertible debt 588,524    
Common stock issued for exercise of warrants with settlement of notes payable 576,476    
Common stock issued for dividend payable $ 402,067