Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.23.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (1,830,725) $ (499,510)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 8,097 1,080
Stock issued for services 146,078 18,380
Changes in operating assets and liabilities:    
Liquidated damages and accrued interest 402,147
Prepaid expenses (50,635)
Accounts payable and accrued expenses (27,215) 5,161
Net cash used in operating activities (1,352,253) (474,889)
Cash flows from investing activities:    
Purchases of property and equipment (5,105)  
Capitalized software costs (73,138)
Net cash used in investing activities (78,243)
Cash flows from financing activities:    
Proceeds from sale of common stock 674,713 704,000
Proceeds from loan 300
Proceeds from sale of preferred stock
Costs incurred for equity sales (6,417)
Net cash provided by financing activities 668,296 704,300
Net (decrease) increase in cash (762,200) 229,411
Cash, beginning of period 1,155,343 424,445
Cash, end of period 393,143 653,856
Supplemental disclosures of cash flow information:    
Cash paid during period for interest
Cash paid during period for taxes
Supplemental disclosure of non-cash investing and financing activities:    
Preferred Series A shares issued for dividends 4,942