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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows From Operating Activities:    
Net loss $ (5,375,609) $ (10,007,840)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 23,118
Amortization of debt discount 321,340 1,126,767
Change in fair value of derivative liability 4,442,460 1,449,932
Financing cost 545,365 803,029
Shares issued for services 281,750
Convertible note issued for penalty 242,712
Impairment of assets 5,500,000
Unrealized (gain) loss on market equity security (726,000) 183,333
Payment of other income with marketable securities (300,000)
Changes in operating assets and liabilities:    
Accounts receivable 8,124
Cash held in trust 51,718
Accounts payable and accrued expenses 301,971 303,979
Net cash used in operating activities (457,005) (366,846)
Cash Flows From Investing Activities:    
Purchase of property and equipment (1,750)
Net cash used in investing activities (1,750)
Cash Flows From Financing Activities:    
Issuance of convertible notes 445,541 153,000
Issuance of notes payable 168,639
Net cash provided by financing activities 445,541 321,639
Net decrease in cash (11,464) (46,957)
Cash, beginning of period 113,034 59,634
Cash, end of period 101,570 12,677
Cash paid for interest
Cash paid for income taxes
Supplemental non-cash investing and financing activities    
Debt discount 290,400 4,164,483
Transfer of derivative liability to equity 9,207,107 1,014,261
Convertible notes issued for notes payable and accrued interest 3,122,848 3,738,171
Transfer of accounts payable to convertible note $ 424,731