v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (284,860) $ (307,623) $ (1,379,756)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation expense 65,254 60,964  
Amortization of intangible asset 6,250 6,250  
Amortization of right to use 11,939  
Amortization of convertible debt, net 74,837 17,595  
Change in fair value of derivative liabilities 36,925  
Change in operating assets and liabilities:      
Accounts receivable 72,045 (38,658)  
Inventory (77,686) (40,502)  
Unbilled revenue 5,368 17,085  
Prepaid expense 12,652 1,926  
Other current assets 76,609 (1,472)  
Accounts payable and accrued liabilities 120,709 124,264  
Lease liabilities (11,939)  
Provision for income taxes (1,330) 248  
Contract liabilities (5,136) 9,161  
Net cash provided by (used in) operating activities 64,712 (118,837)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (10,933)  
Net cash used in investing activities (10,933)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of note payable, related party, net 20,536 17,134  
Repayments from line of credit (7,226)  
Proceeds of convertible debt 65,000  
Net cash provided by financing activities 13,310 82,134  
Effect of exchange rate on cash (4,373) (1,395)  
Net increase in cash 62,716 (33,098)  
Cash beginning of period 75,362 142,888 142,888
Cash end of period 138,078 109,790 $ 75,362
Cash paid during the period for      
Interest  
Income tax  
Non-cash adjustments during the period for      
Beneficial conversion feature on convertible debt 74,837  
Conversion of convertible debt into common shares 11,326  
Obtaining right of use asset for lease liability $ 11,939  

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