Thursday, May 16, 2019 11:00:58 AM
2019
2018
Cash flows from operating activities:
Net loss
$ (4,816,916 )
$ (1,310,941 )
Adjustments to reconcile net income to net cash (used in)
provided by operating activities:
Stock compensation expense
1,768,876
239,133
Stock issued for services
40,560
280,850
Amortization of note payable discount
281,130
-
Depreciation and amortization expense
234,369
214
Changes in assets and liabilities:
Accounts receivable
(50,039 )
(9,538 )
Inventory
-
(3,652 )
Prepaid expenses and other
24,845
(187,547 )
Accounts payable
(96,285 )
-
Accrued liabilities
258,184
109,791
Net cash used in operating activities
(2,355,276 )
(881,690 )
They call me Lazarous!
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