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Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net gain/ (loss) $ (321,055) $ (264,144)
Adjustments to reconcile net (loss) to net cash (used in) operating activities    
Fair value of stock options issued 81,079 19,173
Imputed interest 18,919
Accounts payable and accrued expenses (19,993) (207,042)
Net cash (used in) operating activities: (241,050) (452,013)
Cash flows from financing activities    
Accrued interest receivable - related party (3,539)
Payment of notes payable (600,000)
Payment of notes payable - related party (150,000)
Net cash provided by financing activities (3,539) (750,000)
Net increase/(decrease) in cash and cash equivalents (244,589) (1,202,013)
Cash and cash equivalents, including restricted, beginning of year 1,570,844 3,846,120
Cash and cash equivalents, including restricted, end of period 1,326,255 2,644,107
Supplemental disclosure of cash flow information:    
Interest 189,118
Income taxes