Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
|
9 Months Ended |
12 Months Ended |
Sep. 30, 2022 |
Sep. 30, 2021 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
|
| Net loss |
$ (25,112,331)
|
$ (24,942,247)
|
$ (37,379,153)
|
$ (24,212,783)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Depreciation and amortization |
441,943
|
194,929
|
397,440
|
|
| Impairment of investment |
50,000
|
62,733
|
589,461
|
|
| Impairment of intangible assets |
257,117
|
93,791
|
1,727,032
|
|
| Accretion of debt discount and issuance cost |
2,531,687
|
3,028,015
|
3,612,669
|
|
| Share-based compensation |
3,848,578
|
5,662,389
|
9,661,174
|
|
| Bad debt expense |
124,186
|
|
110,805
|
|
| Change in fair value of derivative liabilities |
|
|
|
|
| Loss (Gain) on Forgiveness of debt |
832,482
|
(702,140)
|
(279,022)
|
|
| Settlement of vendor liabilities |
2,867
|
(92,909)
|
(59,692)
|
|
| Change in fair value of derivative liability |
(3,729)
|
1,096,287
|
1,096,287
|
|
| Derivative Expense |
|
100,502
|
100,502
|
|
| (Gain) loss on extinguishment of debt |
|
|
(1,025,655)
|
|
| Loss on marketable securities |
11,646
|
|
|
|
| Non cash lease expense |
44,305
|
60,756
|
82,511
|
|
| Equity interest granted for other income |
|
(123,710)
|
(123,710)
|
|
| Equity in net loss from unconsolidated investment |
|
16,413
|
16,413
|
|
| Changes in operating assets and liabilities: |
|
|
|
|
| Prepaid expenses |
114,925
|
(471,899)
|
(174,819)
|
|
| Inventory |
(492,128)
|
(68,091)
|
(39,182)
|
|
| Accounts receivable |
(481,080)
|
150,980
|
(80,407)
|
|
| Deposits and other assets |
(50,185)
|
107,115
|
(527,115)
|
|
| Deferred revenue |
71,396
|
111,192
|
144,851
|
|
| Accounts payable and accrued expenses |
3,805,245
|
160,434
|
1,714,902
|
|
| Unrecognized tax benefit |
|
|
|
|
| Operating lease liability |
145,887
|
(61,605)
|
(84,099)
|
|
| Net Cash Used In Operating Activities |
(13,857,189)
|
(15,617,065)
|
(20,518,807)
|
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
|
| Issuance of note receivable |
|
|
|
|
| Cash paid for property and equipment |
(213,975)
|
(65,971)
|
(95,935)
|
|
| Deposits |
|
(325,000)
|
|
|
| Cash paid for minority investment in business |
|
(510,000)
|
(325,000)
|
|
| Cash paid for equity method investment |
|
|
(510,000)
|
|
| Cash paid for investments in marketable securities |
(48,878)
|
|
|
|
| Sale of marketable securities |
37,135
|
|
|
|
| Cash consideration for acquisition |
(75,679)
|
(412,943)
|
(225,947)
|
|
| Purchases of digital assets |
(192,795)
|
(11,241)
|
(11,241)
|
|
| Net Cash Used In Investing Activities |
(494,192)
|
(1,325,155)
|
(1,168,123)
|
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
|
| Proceeds from the exercise of warrant |
|
5,472,068
|
9,487,223
|
|
| Net proceeds from issuance of notes |
2,174,402
|
321,229
|
747,937
|
|
| Repayment of notes |
(2,292,953)
|
(403,843)
|
(456,233)
|
|
| Proceeds from issuance of demand loan |
|
|
|
|
| Repayment of demand Loan |
|
|
|
|
| Proceeds from issuance of convertible note |
5,809,755
|
3,610,491
|
3,610,491
|
|
| Repayment of convertible notes |
(337,899)
|
(941,880)
|
(941,880)
|
|
| Proceeds from issuance of convertible notes - related party |
|
|
|
|
| Proceeds from issuance of note payable - related party |
|
|
|
|
| Repayment of note payable - related party |
|
|
(538,574)
|
|
| Purchase of treasury stock |
(13,700)
|
|
|
|
| Proceeds from issuance of common stock and warrants |
5,722,300
|
2,502,200
|
5,666,951
|
|
| Cash received for preferred series E and warrants |
|
|
|
|
| Purchase of treasury stock and warrants |
|
|
|
|
| Net Cash Provided By Financing Activities |
11,061,905
|
10,560,265
|
17,615,915
|
|
| Effect of exchange rate changes on cash |
(65,719)
|
(16,299)
|
(41,038)
|
|
| Net Change in Cash |
(3,355,195)
|
(6,398,254)
|
(4,112,048)
|
|
| Cash - Beginning of period |
3,794,734
|
7,906,782
|
7,906,782
|
|
| Cash - End of period |
439,539
|
1,508,528
|
3,794,734
|
7,906,782
|
| Cash Paid During the Year for: |
|
|
|
|
| Income taxes |
|
|
|
|
| Interest |
139,000
|
58,395
|
60,073
|
|
| SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: |
|
|
|
|
| Conversion of marketable debt securities into equity securities |
|
|
|
|
| Beneficial conversion feature on convertible notes |
|
|
|
|
| Shares issued with debt |
|
|
|
|
| Cancellation of Treasury stock |
|
|
|
|
| Conversion of note payable and interest into convertible notes |
|
|
|
|
| Reduction of ROU asset related to re-measurement of lease liability |
|
|
135,086
|
|
| Repayment of promissory notes from Australian R&D credits |
|
|
146,630
|
|
| Conversion of Demand loan into notes payable |
|
|
|
|
| Settlement of vendor liabilities |
147,649
|
168,667
|
168,667
|
|
| Warrants issued with debt |
2,907,497
|
1,601,452
|
1,665,682
|
|
| Issuance of common stock for prepaid services |
141,150
|
226,500
|
226,500
|
|
| Operating Lease liability |
2,250,648
|
|
|
|
| Deferred offering costs |
|
4,225
|
4,225
|
|
| Common stock and warrants issued upon conversion of notes payable |
173,455
|
4,015,325
|
5,156,994
|
|
| Shares issued for acquisition |
$ 40,994
|
893,520
|
1,318,218
|
|
| Previously Reported [Member] |
|
|
|
|
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
|
| Net loss |
|
|
|
(24,162,783)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Depreciation and amortization |
|
|
|
157,760
|
| Impairment of investment |
|
|
|
11,450
|
| Impairment of intangible assets |
|
|
|
|
| Accretion of debt discount and issuance cost |
|
|
|
4,303,072
|
| Share-based compensation |
|
|
|
6,861,163
|
| Bad debt expense |
|
|
|
53,692
|
| Change in fair value of derivative liabilities |
|
|
|
(3,019,457)
|
| Loss (Gain) on Forgiveness of debt |
|
|
|
|
| Settlement of vendor liabilities |
|
|
|
126,087
|
| Change in fair value of derivative liability |
|
|
|
|
| Derivative Expense |
|
|
|
|
| (Gain) loss on extinguishment of debt |
|
|
|
5,586,012
|
| Loss on marketable securities |
|
|
|
7,453
|
| Non cash lease expense |
|
|
|
72,553
|
| Equity interest granted for other income |
|
|
|
|
| Equity in net loss from unconsolidated investment |
|
|
|
|
| Changes in operating assets and liabilities: |
|
|
|
|
| Prepaid expenses |
|
|
|
(19,729)
|
| Inventory |
|
|
|
|
| Accounts receivable |
|
|
|
(93,198)
|
| Deposits and other assets |
|
|
|
(4,829)
|
| Deferred revenue |
|
|
|
37,946
|
| Accounts payable and accrued expenses |
|
|
|
2,880,392
|
| Unrecognized tax benefit |
|
|
|
(68,000)
|
| Operating lease liability |
|
|
|
(70,071)
|
| Net Cash Used In Operating Activities |
|
|
|
(7,340,487)
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
|
| Issuance of note receivable |
|
|
|
|
| Cash paid for property and equipment |
|
|
|
(44,988)
|
| Deposits |
|
|
|
(175,000)
|
| Cash paid for minority investment in business |
|
|
|
|
| Cash paid for equity method investment |
|
|
|
(115,000)
|
| Cash paid for investments in marketable securities |
|
|
|
(248,272)
|
| Sale of marketable securities |
|
|
|
36,048
|
| Cash consideration for acquisition |
|
|
|
|
| Purchases of digital assets |
|
|
|
|
| Net Cash Used In Investing Activities |
|
|
|
(547,212)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
|
| Proceeds from the exercise of warrant |
|
|
|
|
| Net proceeds from issuance of notes |
|
|
|
1,501,661
|
| Repayment of notes |
|
|
|
(492,665)
|
| Proceeds from issuance of demand loan |
|
|
|
440,000
|
| Repayment of demand Loan |
|
|
|
(90,000)
|
| Proceeds from issuance of convertible note |
|
|
|
3,650,835
|
| Repayment of convertible notes |
|
|
|
(1,658,001)
|
| Proceeds from issuance of convertible notes - related party |
|
|
|
50,000
|
| Proceeds from issuance of note payable - related party |
|
|
|
152,989
|
| Repayment of note payable - related party |
|
|
|
(983,752)
|
| Proceeds from issuance of common stock and warrants |
|
|
|
6,662,015
|
| Cash received for preferred series E and warrants |
|
|
|
6,670,417
|
| Purchase of treasury stock and warrants |
|
|
|
(89,416)
|
| Net Cash Provided By Financing Activities |
|
|
|
15,814,083
|
| Effect of exchange rate changes on cash |
|
|
|
(31,239)
|
| Net Change in Cash |
|
|
|
7,895,145
|
| Cash - Beginning of period |
|
$ 7,906,782
|
$ 7,906,782
|
11,637
|
| Cash - End of period |
|
|
|
7,906,782
|
| Cash Paid During the Year for: |
|
|
|
|
| Income taxes |
|
|
|
|
| Interest |
|
|
|
178,461
|
| SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: |
|
|
|
|
| Conversion of marketable debt securities into equity securities |
|
|
|
102,096
|
| Beneficial conversion feature on convertible notes |
|
|
|
3,099,837
|
| Shares issued with debt |
|
|
|
243,741
|
| Cancellation of Treasury stock |
|
|
|
374,184
|
| Conversion of note payable and interest into convertible notes |
|
|
|
385,000
|
| Reduction of ROU asset related to re-measurement of lease liability |
|
|
|
|
| Repayment of promissory notes from Australian R&D credits |
|
|
|
|
| Conversion of Demand loan into notes payable |
|
|
|
200,000
|
| Settlement of vendor liabilities |
|
|
|
475,220
|
| Warrants issued with debt |
|
|
|
1,078,500
|
| Issuance of common stock for prepaid services |
|
|
|
585,000
|
| Deferred offering costs |
|
|
|
|
| Common stock and warrants issued upon conversion of notes payable |
|
|
|
11,217,362
|
| Shares issued for acquisition |
|
|
|
|