v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net Loss $ (1,251,378) $ (1,315,597)
Adjustments to reconcile net loss to net cash from operating activities:    
Bad debt expense 0 7,629
Depreciation expense 5,453 35,330
Unrealized loss on marketable equity securities 2,992 1,475
Stock-based compensation – shares 94,962 94,910
Stock based compensation – options 10,284 36,995
Changes in operating assets and liabilities:    
Accounts receivable (4,399) (22,481)
Inventories 62,024 (125,286)
Other receivable 0 20,435
Prepaid expenses (45,490) (16,877)
Operating lease right-of-use asset 22,964 21,039
Accounts payable and accrued liabilities 3,457 270,590
Other current liabilities (48,841) 68,957
Lease liabilities (72,077) (96,003)
Net cash flows used in operating activities from continuing operations (1,220,049) (1,018,884)
Net cash flows provided by operating activities from discontinued operations 0 126,795
Net cash flows used in operating activities (1,220,049) (892,089)
Cash flows from investing activities:    
Purchase of property and equipment (23,380) (5,044)
Net cash flows used in investing activities (23,380) (5,044)
Cash flows from financing activities:    
Proceeds from third party loan 0 300,000
Proceeds from related party loan 0 300,000
Repayment on third party loan 0 (50,000)
Purchases of treasury stock (144,575) 0
Net cash flows provided by (used in) financing activities (144,575) 550,000
Effect of exchange rate (5,714) (2,285)
Net change in cash (1,393,718) (349,418)
Cash beginning of period 3,589,318 428,254
Cash end of period 2,195,600 78,836
Supplemental cash flow disclosure:    
Cash paid for income taxes 0 0
Cash paid for interest $ 0 $ 33,816

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