Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.25.4
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Loss from continuing operations $ (1,480,600) $ (1,494,700)
Income (loss) from discontinued operations 3,700
Net Loss (1,480,600) (1,491,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,700 11,400
Gain on sale of fixed assets (5,300)
Gain on assets held for sale 500
Changes in operating assets and liabilities:    
Accounts receivable (88,000) (127,300)
Contract assets (17,300)
Inventory 14,700
Prepaid expenses and other assets (41,600) (223,200)
Accounts payable, accrued liabilities, and customer deposits 1,268,100 1,090,200
Contract liabilities (125,500) (144,000)
Deferred revenue 47,200 243,400
Assets and liabilities held for sale (8,400)
Net cash used in operating activities (410,700) (656,300)
Cash flows from investing activities:    
Purchase of property and equipment (4,500) (22,700)
Proceeds from the sale of fixed assets held for sale 59,500
Net cash (used) provided by investing activities (4,500) 36,800
Cash flows from financing activities:    
Payments of notes and capital lease obligations (509,900) (201,200)
Proceeds from issuance of common stock 9,000
Proceeds from short-term and long-term debt 562,000 805,000
Net cash (used) provided by financing activities 61,100 603,800
Net (decrease) increase in cash (354,100) (15,700)
Cash at the beginning of period 537,100 57,900
Cash at the end of period 183,000 42,200
Supplemental disclosures of cash flow information:    
Cash paid for interest 39,200 16,700
Financing of prepaid insurance premiums 52,200 37,400
Debt converted to common stock 225,000
Interest converted to common stock $ 8,600