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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows From Operating Activities    
Net loss $ (1,086,438) $ (1,265,091)
Adjustments to reconcile net loss to net cash used in operating activities:    
Noncash stock based compensation expense 174,579 439,956
Depreciation and amortization 4,276 4,276
Amortization of future compensation payable 208,335 208,333
Amortization of prepaid assets 43,124 39,303
Changes in assets and liabilities:    
Accounts receivable   9,888
Other receivable (17,004)  
Other assets (31,413) (86,420)
Accounts payable (23,358) (177,989)
Accrued interest 526 60,848
Accrued expenses 81,763 (20,567)
Net cash used in operating activities (645,610) (787,463)
Cash Flows From Investing Activities    
Purchase of equipment (70,657)  
Net cash used in investing activities (70,657)  
Cash Flows From Financing Activities    
Proceeds from sale of common stock 2,258,000 1,113,000
Repayment on note payable (513,023) (119,569)
Proceeds from the exercise of stock options and warrants 42,000 1,750
Net cash provided by financing activities 1,786,977 995,181
Net change in cash and cash equivalents 1,070,710 207,718
Cash and cash equivalents, beginning of year 3,323,290 88,415
Cash and cash equivalents, end of year 4,394,000 296,133
Supplemental disclosure of cash flow information    
Cash paid for interest 355 5,243
Cash paid for taxes
Non-cash investing and financing activities    
Insurance financing for prepaid insurance 117,209
Equipment investing in accounts payable 64,107  
Common stock issued for repayment of convertible notes $ 47,499