v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flows From Operating Activities    
Net loss $ (3,347,084) $ (80,826)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 64,807 27,796
Share-based compensation 571,226 0
Stock issued for services 712,500 0
Loss on derivative 4,631,731 0
Gain on extinguishment of debt (5,236,479) 0
Operating expenses and interest paid through member contributions 75,937 53,030
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 190,283 0
Accounts payable 84,451 0
Accrued liabilities 177,351 0
Related party payables 86,593 0
Net Cash Used in Operating Activities (1,988,684) 0
Cash Flows From Investing Activities    
Purchase of property and equipment (1,347,261) 0
Net Cash Used in Investing Activities (1,347,261) 0
Cash Flows From Financing Activities    
Proceeds from issuance of common stock for cash 3,031,733 0
Proceeds from issuance of notes payable related party 577,191 0
Payments on convertible notes payable (183,429) 0
Net Cash Provided by Financing Activities 3,425,495 0
Net Increase in Cash 89,550 0
Cash at Beginning of Year 0 0
Cash at End of Year 89,550 0
Noncash Investing and Financing Information:    
Payments on note payable through member contributions 8,368 12,210
Operating expenses paid through member contributions 60,989 39,732
Purchase of property and equipment through member contributions 833,883 1,800,000
Purchase of property and equipment through notes payable related party 381,276 0
Purchase of property and equipment through accounts payable 547,423 0
Debt assumed reducing member contributions 389,997 0
Interest paid through member contributions 14,948 13,298
Net liabilities assumed from issuance of shares in reverse merger 835,938 0
Goodwill from issuance of shares in reverse merger $ 9,245,953 $ 0

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