v3.21.1
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (803,142) $ (284,860)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation expense 67,450 65,254  
Amortization of intangible asset 6,250 6,250  
Amortization of right to use 7,563 11,939  
Amortization of convertible debt, net 501,164 74,837  
Stock based compensation 14,200  
Change in operating assets and liabilities:      
Accounts receivable (94,176) 72,045  
Inventory (239,490) (77,686)  
Unbilled revenue (2,067) 5,368  
Prepaid expense 12,652  
Other current assets (19,195) 76,609  
Accounts payable and accrued liabilities 114,261 120,709  
Lease liabilities (7,589) (11,939)  
Provision for income taxes 164 (1,330)  
Contract liabilities (5,157) (5,136)  
Net cash (used in) provided by operating activities (459,764) 64,712  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (459) (10,933)  
Net cash used in investing activities (459) (10,933)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of note payable, related party, net (226) 20,536  
Repayments of notes payable (60,643) (7,226) $ 0
Proceeds of convertible debt 350,000  
Net cash provided by financing activities 289,131 13,310  
Effect of exchange rate on cash 1,611 (4,373)  
Net (decrease) increase in cash (169,481) 62,716  
Cash beginning of period 728,762 75,362 75,362
Cash end of period 559,282 138,078 $ 728,762
Cash paid during the period for      
Interest  
Income tax  
Non-cash adjustments during the period for      
Beneficial conversion feature on convertible debt 340,420 74,837  
Conversion of convertible debt into common shares 458,091 11,326  
Obtaining right of use asset for lease liability $ 11,939  

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