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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net Income (Loss) $ 6,973,387 $ (2,137,417)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and Amortization 4,899 6,176
Gain on Sale of IM Telecom (49%) (9,247,726)
Loan Origination Cost Amortization 49,579 89,516
Bad Debt 1,448 14
Stock-based Compensation 446,747 282,569
Non-Compensatory Stock Options Exercised 41,250
Change in Right of Use Asset 60,901 67,644
Change in Lease Liability (51,983) (58,003)
Changes in Operating Assets and Liabilities:    
Accounts Receivable (344,885) 71,762
Inventory 674,911 (266,648)
Prepaid Expenses 23,018 51,647
Other Assets (10,797)
Notes Receivable (1,000,000)
Accounts Payable and Accrued Expenses (570,449) 466,629
Net cash used in operating activities (2,990,950) (1,384,861)
Cash Flows from Investing Activities    
Sale of IM Telecom (49%) 9,558,509
Net cash provided by investing activities 9,558,509
Cash Flows from Financing Activities    
Proceeds from Note Payable 500,000
Repayments of Note Payable (3,704,750)
Loan Origination Costs (77,250)
Cash received from Stock Options Exercised 41,250 41,250
Net cash provided by (used in) financing activities (3,663,500) 464,000
Net Change in Cash 2,904,059 (920,861)
Cash - Beginning of Year 777,103 2,055,634
Cash - End of Period 3,681,162 1,134,773
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest 54,750 133,500
Cash paid for taxes