v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES    
Net loss $ (2,892,615) $ (3,337,453)
Stock-based compensation-product development costs 118,586 97,842
Stock-based compensation-selling, general and administrative 382,157
Stock-based compensation-professional fees 17,916 43,295
Stock-based compensation-interest 1,287,834
Interest expense on lines of credit 777,515 670,452
Non-cash imputed interest expenses 52,271 60,059
Bonuses settled by issuance of shares 245,000
Loss on settlement of debt 33,614
Changes in operating assets and liabilities    
Decrease (increase) in prepaid expenses (10,036) 5,103
Increase in accounts payable and accrued liabilities 324,650 17,736
Increase in interest payable 277,421 264,100
Net cash used in operating activities (707,135) (857,418)
FINANCING ACTIVITIES    
Proceeds from lines of credit 438,165 401,758
Proceeds from promissory notes 294,358
Repayment of lines of credit interest (137,475) (370,723)
Proceeds from sales of shares of common stock 25 1,136,832
Net cash provided by financing activities 595,073 1,167,867
Effect of foreign exchange on cash 5,136
Change in cash (106,926) 310,449
Cash, beginning of period 115,922 66,190
Cash, end of period $ 8,996 $ 376,639