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CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (4,431,338) $ (3,501,911)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 16,788 2,832
Amortization expense 983,934 851,537
Origination Fee 400,888 1,513,366
Change in allowance for doubtful accounts 137,676 0
Gain on cancellation of liabilities 0 (331,404)
Stock compensation expense 783,514 113,657
Finance fee 24,958 0
Non-cash interest expense 217,434 102,645
Changes in assets and liabilities:    
Accounts receivable (13,759) (322,368)
Prepaid expenses (56,064) (161,815)
Right of use asset, net of lease liability 26,533 (59,658)
Accounts payable and accrued expenses 238,841 (89,788)
Deferred revenue (5,096) (45,055)
NET CASH USED IN OPERATING ACTIVITIES (1,675,691) (1,927,962)
INVESTING ACTIVITIES    
Cash portion of consideration paid to acquire Advantech/BCS/STS 0 (3,200,022)
Additions to capitalized software (200,947) (183,863)
Purchases of capital assets 0 (9,154)
NET CASH USED IN INVESTING ACTIVITIES (200,947) (3,393,039)
Net proceeds from debt 3,450,000 3,300,881
Payments on debt (1,809,713) (875,887)
Proceeds from issuance of common stock 350,000 3,587,563
Purchase of common stock warrants (45,000) 0
Stock issued for conversion of convertible debt 22,387 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 1,967,674 6,012,557
NET CHANGE IN CASH 91,036 691,556
CASH AT BEGINNING OF THE PERIOD 71,807 7,619
CASH AT END OF THE PERIOD 162,843 699,175
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 529,325 233,465
Stock issued for acquisitions 0 500,250
Stock Issued For Conversion Of Accounts Payable $ 0 $ (7,266)

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