XML 35 R6.htm IDEA: XBRL DOCUMENT v3.20.1
STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (6,062) $ 35,036
Adjustments to reconcile net loss to net cash used by operating activities:    
Stock based compensation 2,130 260
Depreciation and amortization 12,450 5,313
(Increase) decrease in assets:    
Accounts receivable (4,423) (104,599)
Prepaid expenses and other assets 15,077 (8,955)
Increase (decrease) in liabilities:    
Accounts payable 71,993 (81,007)
Accrued expenses 75,459 136,305
Accrued retirement 2,543 2,444
Net cash used by operating activities 169,167 (15,203)
Cash flows from investing activities:    
Purchase of property, plant and equipment (4,924) 0
Capitalization of software development costs (57,522) 0
Net cash used by investing activities (62,446) 0
Cash flows from financing activities:    
Repayments of notes payable - related party (6,680) (2,010)
Net cash provided by financing activities (6,680) (2,010)
Net increase (decrease) in cash 100,041 (17,213)
Cash - beginning of period 6,398 29,716
Cash - end of period 106,439 12,503
Supplemental Disclosures of Cash Flow Information:    
Cash payments for interest $ 53,404 $ 35,490