Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Cash flows from operating activities:          
Net loss from continuing operations $ (1,490,097) $ 2,153,355 $ (5,157,425) $ (3,657,354)  
Adjustments to reconcile net loss to net cash (used in) provided by operations:          
Depreciation and amortization 193,640 181,091 378,864 345,798  
Amortization of debt discount     27,630 63,695  
Net gain from legal settlements (31,050) (1,096,613) (22,190) (1,096,613)  
Other income from federal government provider relief funds     (4,400,000) (7,483,830)  
Loss on sales of accounts receivable under sale agreements     249,500 $ (1,200,000)
Income (loss) from discontinued operations     10,334,749 (12,796)  
Gain on sale of discontinued operations (10,727,152) (10,727,152)  
Changes in operating assets and liabilities:          
Accounts receivable     920,577 1,328,369  
Inventory     (45,573) (75,732)  
Prepaid expenses and other current assets     (26,640) (16,935)  
Security deposits     (18,542) 9,872  
Change in right-of-use assets     89,731 (160,421)  
Accounts payable and checks issued in excess of bank balances     1,837,074 (1,973,633)  
Accrued expenses     3,126,033 4,492,549  
Change in right-of-use operating lease obligations     (89,731) 118,899  
Income tax assets and liabilities     (1,118,485)  
Net cash used in operating activities of continuing operations     (3,772,595) (8,987,117)  
Net cash provided by (used in) operating activities of discontinued operations     40,098 (136,313)  
Net cash used in operating activities     (3,732,497) (9,123,430)  
Cash flows from investing activities:          
Purchases of property and equipment     (80,132) (10,435)  
Net cash used in investing activities of continuing operations     (80,132) (10,435)  
Cash flows from financing activities:          
Proceeds from issuance of related party note payable and advances     890,000 4,595,553  
Payment on related party note payable and advances     (360,000) (3,251,387)  
Payments of debentures     (720,000)  
Proceeds from issuances of notes payable     1,245,000 1,077,116  
Payments on notes payable     (100,508) (793,715)  
Proceeds from sale of accounts receivable under sales agreement     465,000  
Receivables paid under accounts receivable sales agreements     (247,986) (1,073,854)  
Proceeds from issuance of Series O Preferred Stock     2,500,000  
Federal government provider relief funds     7,483,830  
Proceeds from Paycheck Protection Program notes payable     2,264,200  
Payments on capital lease obligations     (100,707)  
Net cash provided by financing activities of continuing operations     3,926,506 9,946,036  
Net cash provided by (used in) financing activities of discontinued operations     60,402 (18,256)  
Net cash provided by financing activities     3,986,908 9,927,780  
Net change in cash     174,279 793,915  
Cash at beginning of period     25,353 16,933 16,933
Cash at end of period $ 199,632 $ 810,848 $ 199,632 $ 810,848 $ 25,353