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Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net income (loss) $ (5,806,627) $ (7,437,947)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 1,269,322 1,240,281
Realized gain on sale of securities (22,816)
Unrealized (gain)/loss on marketable securities 1,028,942 2,651,925
Fixed Asset Disposal Loss
Non cash settlement of convertible note and accrued interest 74,999 (253,791)
Amortization of intangible assets 46,050
Amortization of debt discount and non-cash interest expense 38,329 876,519
Gain on forgiveness of payroll protection loan
Changes in operating assets and liabilities    
Accounts receivable (113,523) 22,577
Inventory 157,404 (147,886)
Prepaid expense and other assets (179,455) 80,907
Accounts payable and accrued expenses 1,660,494 723,521
Operating lease liability, net 344,079 344,080
Net cash used in operating activities (1,526,036) (1,876,580)
Cash flows from investing activities    
Net cash received from acquisition
Proceeds from sale of marketable securities 46,832
Proceeds from sale of fixed assets (47,417)
Net fixed asset acquisitions (144,961)
Net Cash provided by (used in) investing activities (47,417) (98,129)
Cash flows from financing activities    
Repayment of notes payable (135,000)
Proceeds from payroll protection loan, SBA loan 253,791
Payments of principal on notes payable (158,189) (637,978)
Proceeds from Notes payable - related party 1,861,186 2,375,913
Proceeds from issuance of convertible notes, net of discount
Cash provided by financing activities 1,567,997 1,991,726
Net increase (decrease) in Cash and Cash Equivalents (5,456) 17,017
Cash and Cash Equivalents, Beginning of Period 6,951 19,774
Cash and Cash Equivalents, End of Period 1,495 36,791
Supplemental Disclosure of Cash Flow Information    
Cash paid for income taxes during the year
Interest payments during the year
Noncash investing and financing activity    
Goodwill recorded in acuisition 825,640
Preferred shares issued in acquisition 1,646,134
Inventory recorded in acquisition (400,774)
Assets from acquisition (419,720)
Conversion of Preferred A shares to Note Payable 385,000
Issuance of Common Stock for services 55,000
Capitalized assets purchased on account - related party $ 220,299