Annual report pursuant to Section 13 and 15(d)

Non-Cash Expenses

v3.21.1
Non-Cash Expenses
 12 Months Ended
Dec. 31, 2020
Other Income and Expenses [Abstract]  
NON-CASH EXPENSES

Note 11 – Non-Cash Expenses


The following table details the Company’s non-cash expenses included in the accompanying statements of operations:


    For the Years Ended
December 31,		  
    2020     2019  
Operating expenses:            
Stock-based compensation   $ 2,216,316     $ 2,609,370  
Depreciation & amortization     156,664       148,520  
Subtotal   $ 2,372,980     $ 2,757,890  
                 
Other expense:                
Amortization of debt discount     504,498       420,341  
Equity modification     2,290,688       -  
Subtotal   $ 2,795,186     $ 420,341  
                 
Total non-cash expenses   $ 5,168,166     $ 3,178,231