v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities    
Net loss $ (530,307) $ (298,323)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 126 189
Amortization - intangible assets 20,057 20,057
Amortization - debt discount 202,882 33,874
Change in:    
Prepaid expenses 41,303 10,652
Accounts payable and accrued liabilities (58,693) 157,946
Net cash used in operating activities (324,632) (75,605)
Cash Flows from Financing Activities    
Payments on insurance premium financing (16,773) (13,324)
Proceeds from debt and warrants issued 363,750 85,000
Net cash provided by financing activities 346,977 71,676
Net change in cash 22,345 (3,929)
Cash, beginning of period 58,149 4,001
Cash, end of period 80,494 72
Supplement Disclosure of Cash flow Information    
Cash paid during the period for interest 18,780 2,675
Non-Cash Financing Activities    
Notes payable converted to common stock 300,000
Debt Agreement, Maximum Borrowing Capacity 7,862
Recognition of beneficial conversion feature $ 310,303

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