v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net Loss $ (6,960,368) $ (2,897,357)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 261,444 140,784
Impairment of capitalized software 105,900 0
Amortization of loan discounts 242,502 0
Stock based compensation 271,343 203,146
Changes in fair value of contingent consideration (81,000) 0
Loss on extinguishment of debt 70,065 0
Change in fair value of preferred stock liability and embedded derivative liability (339,378) 0
Non cash commitment fee expenses 250,000 250,000
Non cash marketing and advertising 1,293,991 0
Non cash compensation - GTG Financial 106,000 0
Non cash dividend payable Series A convertible preferred stock 49,548 0
Loss/(gain) on sale of properties 48,748 (31,392)
Loss/(gain) from equity method investment 2,398 (129,045)
Changes in operating assets and liabilities    
Accounts receivable (14,733) 152,829
Receivable from related parties 10,614 0
Payable to related parties (3,563) 0
Prepaid expenses 61,946 111,883
Other current assets (225,920) (17,670)
Accounts payable 428,013 28,102
Accrued expenses (216,616) (362,159)
Deferred liabilities 37,036 0
Total adjustments 2,358,338 346,478
Net cash used in operating activities (4,602,029) (2,550,879)
Cash Flows from Investing Activities:    
Additions to property and equipment (27,114) (1,245)
Proceeds from sale of property 0 78,000
Net cash paid to acquire business 349,529 786
Cash used for additions to intangible assets (131,283) (156,964)
Net cash provided by (used in) investing activities 191,132 (79,423)
Cash Flows from Financing Activities:    
Proceeds from issuance of debt 155,481 0
Payments of debt (1,554,456) (143,885)
Proceeds from issuance of common stock 3,508,490 0
Equity issuance costs (235,251) 0
Net cash provided by (used in) financing activities 1,874,264 (143,885)
Effect of exchange rate changes on cash 0 144
Net decrease in cash (2,536,633) (2,774,187)
Cash - Beginning of Period 3,123,944 6,456,370
Cash - End of Period 587,311 3,682,327
Supplemental disclosure of cash flow information    
Cash paid for interest $ 38,758 $ 0
Non-Cash Investing and Financing Activities:    
Preferred stock issuance - MMC transaction 5,000,000 0
Preferred stock issuance - GTG Financial $ 284,922 $ 0
Deferred cash payments - GTG Financial 1,344,750 0
Common stock issuance for GTG Financial acquisition 451,135 0
Common stock issuance to Streeterville Capital, LLC 370,065 0
Common stock issuance - GTG Financial $ 1,287,000 $ 0