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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,147,475 $ 1,653
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and amortization 451,207 442,408
Accretion of asset retirement obligation 11,412 1,732
Common stock payable for directors fees 75,000 56,250
Gain on settlement of Hillgrove advance 0 (113,422)
Gain on forgiveness of Cares Act debt 0 (443,400)
Write down of inventory to net realizable value 136,836 66,054
Change in fair value of investments 93,458 0
Changes in operating assets and liabilities:    
Accounts receivable (713,346) (362,681)
Inventories 328,380 17,448
Prepaid expenses (60,916) 0
IVA receivable and other assets (86,442) (15,402)
Accounts payable (706,155) (519,570)
Accrued liabilities 64,045 (92,927)
Export tax assessment payable 0 (1,120,730)
Payable to related parties 4,084 (154,022)
Net cash provided (used) by operating activities 745,038 (2,236,609)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from redemption of certificates of deposit 0 210,184
Purchase of investments (13,789,772) 0
Proceeds from sales of investments 396,921 0
Purchase of properties, plants and equipment (382,999) (115,127)
Net cash provided (used) by investing activities (13,775,850) 95,057
CASH FLOWS FROM FINANCING ACTIVITIES:    
Change in checks issued and payable 0 (86,685)
Payments on advances from related party 0 (56,416)
Proceeds from issuance of common stock, net of issuance costs 0 23,342,180
Proceeds from exercise of warrants 0 1,790,703
Payments on Hillgrove advances payable 0 (1,020,799)
Principal paid on notes payable to bank 0 (100,000)
Principal payments of long-term debt (19,767) (27,926)
Net cash provided (used) by financing activities (19,767) 23,841,057
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (13,050,579) 21,699,505
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 21,420,329 722,377
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 8,369,750 22,421,882
NON-CASH FINANCING AND INVESTING ACTIVITIES:    
Equipment purchased with note payable 161,600 0
Common stock payable to directors 0 130,483
Payable to related party satisfied with exercise of stock purchase warrants $ 0 $ 62,500