Cash Flow

v3.25.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Loss from continuing operations $ (2,595,687) $ (4,386,237)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities - continuing operations:    
Depreciation and amortization 203,801 624,004
Deferred income taxes 0 (143,069)
Noncash lease expense 91,387 91,386
Stock-based compensation expense 175,493 299,839
Provision for doubtful accounts 13,986 (15,761)
Loss on seizure of cash 184,055 0
Extinguishment of discontinued operations liabilities 0 156,739
Loss on disposal of property, plant and equipment 2,024 0
Changes in operating assets and liabilities, net of effects of discontinued operations:    
Accounts receivable (98,597) 199,910
Prepaid expenses and other current assets 159,089 278,609
Accounts payable (369,194) 186,253
Accrued expenses (3,996) (203,955)
Lease liability (106,006) (103,555)
Deferred revenue (157,805) 6,352
Net cash used in operating activities - continuing operations (2,501,450) (3,009,485)
Net cash used in operating activities - discontinued operations 0 (17,443)
Net cash used in operating activities (2,501,450) (3,026,928)
Cash flows from investing activities:    
Costs incurred to develop technology (242,020) (181,111)
Purchases of property and equipment (20,873) (30,426)
Investment in QBSG Limited (700,000) 0
Acquisition of Expo Experts 0 (400,000)
Additional Investment in nonontrolling subsidiary 0 (334,965)
Net cash used in investing activities - continuing operations (962,893) (946,502)
Net cash used in investing activities (962,893) (946,502)
Cash flows from financing activities:    
Proceeds from the sale of common stock 4,485,717 3,364,300
Proceeds from Noncontrolling Interests 82,140 0
Net cash provided by financing activities - continuing operations 4,567,857 3,364,300
Net cash provided by financing activities 4,567,857 3,364,300
Net (decrease) increase in cash and cash equivalents 1,103,514 (609,130)
Cash, cash equivalents, beginning of period 627,641 1,236,771
Cash and cash equivalents, end of period 1,731,155 627,641
Supplemental disclosures of other cash flow information:    
Non-cash amortization of commitment funding 375,000 187,500
Commitment Funding [Member]    
Supplemental disclosures of other cash flow information:    
Non-cash stock issuance 0 750,000
Acquisition Stock Issuance [Member]    
Supplemental disclosures of other cash flow information:    
Non-cash stock issuance 0 200,000
QBSG Limited Investment [Member]    
Supplemental disclosures of other cash flow information:    
Non-cash stock issuance $ 500,000 $ 0

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