v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows From Operating Activities:    
Net Loss $ (1,988,333) $ (1,905,117)
Adjustments to reconcile net loss to net cash used in operating activities:    
Bad debt expense 6,927 0
Inventories reserve (3,853) 3,601
Depreciation expense 121,684 112,107
Amortization of intangible assets 0 16,521
Amortization of right of use assets (1,593) (296)
Stock based compensation 36,000 59,964
Stock option compensation 605,150 172,900
Changes in operating assets and liabilities:    
Accounts receivable (179,041) 193,726
Accounts receivable - related party (22,410) 39,625
Inventories 788 (5,210)
Other receivable (200) (3,625)
Prepaid expenses (30,689) 68,914
Deposits (100,000) 0
Deposit - Current portion 0 7,210
Accounts payable and accrued liabilities (34,006) 161,464
Accounts payable - related party 0 (4,921)
Other current liabilities (12,334) 0
Interest payable - related party (1,750) 0
Customer deposit (121,852) (36,184)
Other liabilities 0 (7,210)
Net cash flows used in operating activities (1,725,512) (1,126,531)
Cash flows from investing activities:    
Cash from acquisition 0 201,482
Purchase of property and equipment (1,314) (220,793)
Cash paid for acquisition 0 (550,000)
Net cash flows used in investing activities (1,314) (569,311)
Cash flows from financing activities:    
Proceeds from SBA loan 405,860 0
Payment on promissory note (50,000) 0
Net cash flows provided by financing activities 355,860 0
Net Change in Cash (1,370,966) (1,695,842)
Cash - beginning of Period 2,192,870 4,455,751
Cash - end of Period 821,904 2,759,909
Supplemental Cash Flow Disclosure    
Cash paid for income taxes 0 0
Cash paid for interest 1,831 0
Supplemental non-cash financing activities    
Promissory note issued for acquisition 0 50,000
Shares issued for acquisition 0 290,716
Shares issued to reduce notes payable $ 0 $ 0

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