XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.2.2
Statement of Cash Flows
9 Months Ended
Sep. 30, 2022
Statement of Cash Flows  
Statement Of Cash Flows

(3) Statement of Cash Flows

 

The Financial Accounting Standards Board Accounting Standards Codification Topic No. 230, “Statement of Cash Flows”, requires a statement of cash flows as part of a full set of financial statements. For quarterly reporting purposes, the Company has elected to condense the reporting of its net cash flows. Interest was paid during the nine months ended September 30, 2022, in the amount of $30,000 in connection with the collateralized convertible debentures which are held by related parties. There were no payments of interest for the nine month period ended September, 2021.