v3.21.2
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net loss $ (5,068,957) $ (184,710)
Adjustments to Reconcile Net Loss to Net Cash used in operating activities:    
Amortization expense 19,444 19,444
Amortization of discount on convertible debentures 351,212 0
Stock compensation expense 1,029,028 0
Non-cash interest expense 15,871 0
Change in fFair value ofchange in derivative liabilities 2,933,735 0
Changes in operating assets and liabilities:    
Prepaid expenses (147,582) 0
Accrued expenses 98,690 (34,345)
Accounts payable 69,342 0
Net cash used in operating activities (699,217) (199,611)
Cash flows from investing activities:    
Cash paid for purchase of Varian, net of cash acquired (437,055) 0
Net cash used in investing activities (437,055) 0
Cash flows from financing activities:    
Proceeds from loan from related party 118,084 0
Proceeds from convertible debenture 50,000 0
Settlement of loan from related party (50,542) 0
Capital contributions 4,558 0
Issuance of common stock 1,792,500 94,048
Net cash provided by financing activities 1,914,600 94,048
Net increase (decrease) in cash 778,328 (105,563)
Cash, beginning of period 128,996 105,754
Cash, end of period 907,324 191
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 61 0
Cash paid for taxes 0 0
Acquired noncontrolling interest in business acquisition $ 523,267 $ 0

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