v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities:    
Net loss $ (2,330,354) $ (199,329)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,209,000
Depreciation and amortization 105,211 97,635
Amortization of ROU Asset (1,218) (617)
Gain on forgiveness of PPP loan (324,460)
Changes in operating assets and liabilities:    
Accounts receivable (694,170) (51,205)
Accounts receivable - related party (365,012) 175,769
Inventory (31,272) 92,260
Contract Assets (60,932)
Prepaid expenses and other assets (420,502) (1,361)
Accounts payable and accrued liabilities 123,573 (37,468)
Accounts payable and accrued liabilities - related party 15,362
Contract liabilities 60,932  
Deferred revenue (63,411)
Net Cash used in Operating Activities (2,452,793) (248,776)
Cash Flows From Investing Activities:    
Purchase of property and equipment (541,264)
Net Cash used in Investing Activities (541,264)
Cash Flows From Financing Activities:    
Proceeds from notes payable 307,610
Repayment of notes payable (34,627) (16,266)
Payment of lease liabilities (12,513) (29,691)
Repayment of notes payable - related party (250,000)
Net Cash provided by (used in) Financing Activities (297,140) 261,653
Net change in cash (3,291,197) 12,877
Cash, beginning of period 13,710,845 20,162
Cash, end of period 10,419,648 33,039
Supplemental cash flow information    
Cash paid for interest 1,949 2,582
Cash paid for taxes

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