v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows From Operating Activities:    
Net income (loss) $ 1,976,105 $ (4,270,556)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Stock based compensation 471,236 483,466
Depreciation 2,013 4,666
Amortization of intangible assets 704,508 701,604
Amortization of debt discount 47,051
(Gain) loss on stock payable share adjustment (3,692,529) 1,921,949
Changes in operating assets and liabilities:    
Accounts receivable 849,307 1,769,887
Accounts receivable, related parties 2,250,379 208,617
Prepaid expenses and other assets (1,936,521) 590,876
Inventory 90,497 (585,128)
Operating lease right of use asset 19,160
Accounts payable 928,257 827,692
Accounts payable, related parties (1,247,373)
Other payables and accrued liabilities 392,203 (824,939)
Other payables and accrued liabilities, related parties (5,681)
Operating lease liability (15,150)
Net Cash Provided By Operating Activities 839,143 822,453
Cash Flows From Investing Activities:    
Purchases of intangibles (17,000) (26,649)
Purchases of property & equipment (111,350) (26,850)
Net Cash Used In Investing Activities (128,350) (53,499)
Cash Flows From Financing Activities:    
Proceeds from notes payable 113,138
Payments to notes payable (24,910) (105,105)
Payment to Line of Credit (771,252)
Proceeds from Revolving loan 10,347,483
Payments to Revolving loan (10,615,880)
Net Cash Used In Financing Activities (293,307) (763,219)
Net Increase In Cash 417,486 5,735
Cash - Beginning of Period 1,207,406 1,761,225
Cash - End of Period 1,624,892 1,766,960
Supplemental Cash Flow Information:    
Interest paid 228,897 199,179
Income taxes
Noncash operating and financing activities:    
Settlement of Soylent share adjustment 18,099,951
Shares issued in connection with equity payable related to Soylent acquisition 2,446,380
Shares issued in connection with equity payable related to AOS acquisition $ 946,149

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