XML 16 R6.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (521,465) $ (772,754)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 15,504 33,984
Amortization of operating lease asset 34,183 31,957
Stock issued for services 9,800
Loss on sale of equipment 15,011
Gain on the forgiveness of PPP loan and interest (75,352)
Changes in assets and liabilities:    
Accounts receivable (25,524) 285,856
Inventory (4,407) (23,776)
Prepaid expenses 4,369 8,405
Accounts payable and accrued expenses 37,287 82,500
Operating lease liability (34,183) (31,957)
Accrued expenses – related parties 163,250 (41,354)
Net cash used in operating activities (391,327) (417,339)
Cash Flows from Investing Activities:    
Sale of equipment 275,000 (5,067)
Net cash provided by (used in) Investing activities 275,000 (5,067)
Cash Flows from Financing Activities:    
Repayment of equipment note payable (175,398) (33,564)
Loan payable issuance 75,085 261,971
Net cash (used in) provided by financing activities (100,313) 228,407
Net decrease in cash and cash equivalents (216,640) (193,999)
Cash and cash equivalents, beginning of period 336,564 674,844
Cash and cash equivalents, end of period 119,924 480,845
Supplemental Disclosures    
Cash paid during the period for interest 6,184 7,264
Cash paid during the period for taxes
Supplemental Disclosure of non-cash activities    
Stock issued for exercise of options in exchange for accounts payable 42,000
Stock issued for exercise of options in exchange for accrued expenses - related parties $ 91,650