v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 10,282,474 $ (3,740,821)
Adjustments to reconcile net loss to cash used in operating activities    
Depreciation and amortization 9,476 5,919
Right to use asset depreciation 75,605 74,890
Stock compensation   135,679
Gain on forgiveness of note payable (157,251)  
Recovery of cost from related party receivable (200,000) (300,000)
Accrued investment income (160,954)  
Reserve for Accounts (10,000) 30,000
Gain from operations of discontinued operations   (16,428)
Loss on deconsolidation of affiliate (43,623)  
Impairment loss on digital assets 23,720  
Unrealized loss on convertible debt security 87,316  
Unrealized loss on marketable securities 478,448  
Unrealized gain on investment and equity securities (1,024,714)  
Realized gain on securities (13,951,752)  
Proceeds from securities 30,070,285  
Investment in convertible note receivable converted into marketable security 16,118,533  
Investment in convertible note receivable (5,000,000)  
Convertible debt and interest converted into marketable securities 4,231,760  
Investments in marketable security (3,958,678)  
Change in assets and liabilities    
Prepaid expenses and other assets (8,326) 120,598
Accounts payable and accrued expenses 382,204 272,976
Advances (repayments) from related party 103,934 689,457
Lease liability payments (76,656) (69,669)
Deferred taxes 29,883  
Net cash provided by (used in) operating activities 5,274,618 (2,797,399)
CASH FLOWS FROM INVESTING ACTIVITIES:    
(Payments) for real estate assets owned (68,568) (3,920)
Capital expenditures (4,207) (1,286)
Deposit for mining equipment (1,565,625)  
Net cash payment for IIU disposal   (246,914)
Proceeds from investment in note receivable   1,500,000
Investment in digital assets (1,419,958)  
Loan to purchase securities 1,784,250  
Repayment of loan to purchase securities (1,784,250)  
Investment in unconsolidated affiliate (5,738,000)  
Net cash (used in) provided by investing activities (8,750,359) 1,355,325
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings   185,785
Principal repayments (28,534)  
Insurance financing repayments (134,485) (108,043)
Exercise of warrants 9,544,623 3,081,480
Proceeds from stock subscription   9,447,535
Net cash provided by financing activities 9,381,604 12,606,757
NET INCREASE IN CASH 5,905,863 11,164,683
CASH - BEGINNING OF YEAR 11,552,943 1,069,823
CASH - END OF YEAR 17,458,806 12,234,506
SUPPLEMENTAL DISCLOSURES OF NON-CASHFLOW INFORMATION    
Insurance financing 210,260 192,514
SUPPLEMENTAL DISCLOSURES OF CASHFLOW INFORMATION    
Cash paid for interest 1,892 10,326
Original Product [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net collections of finance receivables 37,549 74,117
Special Product [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net collections of finance receivables $ 8,450 $ 33,328

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