Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (515,972) $ (553,812)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 30,000
Stock-based compensation 295,746
Common stock issued for settlement of payables 183,644
Common stock issued for legal settlements 20,400
Credit loss expense 25,500
Changes in operating assets and liabilities:    
Accounts receivable (292,668) (122,765)
Prepaid expenses and other assets (43,225) (25,353)
Accounts payable and accrued liabilities (4,307) 71,459
Deferred revenue 9,375 6,250
Net cash used in operating activities (587,253) (328,475)
Net cash from investing activities:
Cash flows from financing activities:    
Proceeds from the sale of common stock 261,687
Proceeds from loans payable 300,000
Payments of loans payable (33,867) (33,451)
Payments of shareholder advance (16,189)
Proceeds from accounts payable and accrued liabilities - related party 123,474 160,085
Payments of accounts payable and accrued liabilities - related party 123,474 (160,085)
Net cash provided by used in financing activities 513,081 212,047
Net decrease in cash (74,172) (116,428)
Cash, beginning of period 91,436 249,462
Cash, end of period 17,264 133,034
Supplemental disclosures of cash flow information:    
Cash paid for interest 30,369 5,932
Cash paid for income taxes
Non-cash investing and financing activities:    
Shares issued for vested restricted stock units 2 15
Shares issued for settlement of class action 600,000
Shares issued for cashless exercise of warrants 15
Shares issued for accrued legal settlement $ 67,200