| CASH FLOWS FROM OPERATING ACTIVITIES |
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| Net loss |
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Net income
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| Adjustments to reconcile net income to net cash (used in) provided by operating activities: |
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| Executive salaries and consulting fees paid in stock |
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| Executive salaries paid in stock |
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Depreciation of fixed asset
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| Amortization of intangible asset |
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| Impairment of intangible asset |
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| Gain from change in fair value of derivatives |
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| Loss from lease termination |
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| Loss from warrant termination |
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| Loss/(gain) from warrant exercise |
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| Loss/(gain) prepaid convertible notes |
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| Loss from warrant exercise |
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| Loss from prepaid convertible notes |
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| Loss on change in fair value of warrant liabilities |
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Gain from sales of software in progress
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Imputed interest on loan from related parties
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| Non-cash lease expense |
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| Costs of copyrights sold |
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| Non-cash note conversion fees |
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| Non-cash dividend expense for preferred shares |
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| Non-cash penalty and dividend expense for preferred shares |
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| Related party receivable |
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| Other receivable |
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| Purchase deposit |
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Accounts receivable
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| Interest receivable |
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| Prepaid expenses |
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| Rent security & electricity deposit |
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| Purchase deposits refunded (paid) |
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Purchase deposits (paid) refunded
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| Purchase of intangible assets |
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| Accounts payable and accrued liabilities |
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| Accounts payable and accrued liabilities – related party |
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| Due to / from shareholders |
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| Tax payable |
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| Other payable |
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| Deferred revenue |
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Net cash (used in) provided by operating activities
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| Purchase of property and equipment |
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Net cash used in investing activities
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| CASH FLOWS FROM FINANCING ACTIVITIES |
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| Proceeds from issuance of convertible notes |
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| Proceeds from (repayment to) related party loan |
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Proceeds from common stock issuances
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| Proceeds from preferred share B issuances |
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| Proceeds from preferred share C issuances |
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| Proceeds from preferred share D issuances |
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| Payments for warrant termination |
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| Prepayments of convertible notes |
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| Due to shareholders |
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| Repurchase of common shares |
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Net cash provided by (used in) financing activities
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| Net increase (decrease) in cash and cash equivalents |
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| Cash and cash equivalents – end of the year |
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Net decrease in cash and cash equivalents
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| Cash and cash equivalents – beginning of year |
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| Cash and cash equivalents – end of year |
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| Supplemental Cash Flow Disclosures |
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| Cash paid for interest |
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| Cashless warrant exercises |
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| Convertible notes converted to common shares |
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| Change of ROU assets and lease liabilities due to cancellation of leases |
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| Transfer from long term prepayment to intangible assets |
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| Additions to ROU assets |
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| Common shares returned due to officer resignations |
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| Preferred shares series C dividend paid in shares |
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| Preferred shares series D dividend paid in shares |
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| Preferred shares and dividend shares converted into common shares |
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| Settlement of accrued CEO salaries with common stock |
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| Net off purchase deposit with loan from related parties for sales of software |
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| Unpaid repurchase of common shares |
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| Expenses settled by CEO on behalf of the Company |
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| Transfer from long term prepayment to intangible assets |
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| Expenses settled by CEO on behalf of the Company |
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