Quarterly report pursuant to Section 13 or 15(d)

Supplemental Disclosure of Cash Flow Information

v3.21.2
Supplemental Disclosure of Cash Flow Information
 9 Months Ended
Sep. 30, 2021
Supplemental Cash Flow Elements [Abstract]  
Supplemental Disclosure of Cash Flow Information

Note 12 – Supplemental Disclosure of Cash Flow Information

    2021     2020  
   

Nine Months Ended

September 30,

  
    2021     2020  
Cash paid for interest   $ -     $ 64,454  
Cash paid for income taxes   $

281,025

     $ -  
                 
Non-cash investing and financing activities:                
Preferred stock of InnovaQor received from the sale of HTS and AMSG   $ 9,117,500     $ -  
Net liabilities of HTS and AMSG transferred to InnovaQor     2,227,152       -  
Settlement of liability with InnovaQor preferred stock     60,714       -  
Issuance of notes payable in settlement of accounts payable and accrued expenses     2,352,961       -  
Series I-2 Preferred Stock converted into common stock     -       277,994  
Exchange of Series K Preferred Stock for Series L Preferred Stock     -       (2,500 )
Issuance of Series L Preferred Stock     -       2,500  
Issuance of Series M Preferred Stock in exchange for related party loans and accrued interest     -       22,000,000  
Loans and accrued interest exchanged for Series M Preferred Stock     -       (18,849,632 )
Deemed dividend from exchange of loans and accrued interest for Series M Preferred Stock     -       3,150,368  
Series M Preferred Stock converted/exchanged into common stock     1,189,650       -  
Deemed dividends from issuance of common stock warrants under exchange agreement     341,525       -  
Issuance of Series N Preferred Stock in exchange for debentures, accrued interest and Series I-1 and Series I-2 Preferred Stock     -       30,435,519  
Debentures, accrued interest and Series I-1 and Series I-2 Preferred Stock exchanged for Series N Preferred Stock     -       (19,342,322 )
Series N Preferred Stock converted into common stock     18,355,507       58  
Deemed dividends from the issuance of Series N Preferred Stock     -       3,720,718  
Deemed dividends for trigger of down round provisions     408,509,361       59,824,232  
Deemed dividends from extension of common stock warrants     291,592       -  
Original issue discounts on debt     52,836       108,958