Supplemental Statement of Cash Flows Information

12 Months Ended

Dec. 31, 2022

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL STATEMENT OF CASH FLOWS INFORMATION

13. SUPPLEMENTAL STATEMENT OF CASH FLOWS INFORMATION

During the year ended December 31, 2022, there were the following non-cash activities.

- The values of the ROU operating lease assets and liabilities each increased $70,608, netting to zero on the statement of cash flows.

- The company acquired a right of use asset and liability in exchange for a new operating lease in the amount of $186,706, netting to zero in the statement of cash flows.

- The holder of 1,000,000 stock options exercised their options into 912,442 shares of common stock in the amount of $912. The same holder exercised an additional 3,000,000 of stock options into 2,278,481 shares of common stock in the amount of $2,278 for a total amount of $3,190.

- 2,940,759 shares of common stock were retired and returned to the Company’s authorized and unissued shares of common stock in the amount of $2,940.

During the year ended December 31, 2021, there were the following non-cash activities.

- Certain related party converted a total of $183,131 of principal, interest and fees, into 18,313,074 common shares and the Company issued 25,000,000 shares in connection with the issuance of February17, 2021 Term Note and February 17, 2021 Refinance Note, which the Company valued at $2,820,000 and included in interest expense.

- The values of the ROU operating leases assets and liabilities each declined $105,180, netting to zero on the statement of cash flows.

- The holders of 10,000 shares of Series A Preferred stock converted all shares into 100,000,000 shares of common stock in the amount of $100,000.

- The holders of 3,979 shares of Series D Preferred stock converted into 9,947,500 shares of common stock in the amount of $9,948.

- The holders of 13,109,133 stock options exercised their options into 11,107,503 shares of common stock in the amount of $11,108.

- The holders of 19,923,269 warrants exercised their warrants into 17,313,024 shares of common stock in the amount of $17,314.

- The Company issued 26,316,264 shares of common stock to a related party the value of the common shares recorded was $394,743.