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Share proceeds net ofissuance costs$5,219,853 Proceeds from loanspayable$4,808,171 Net cash provided byfinancing activities$8,600,463 Canceled cashflow$1,427,561 Net change in cash-$756,932 Canceled cashflow$8,600,463 Accrued interestpayable$3,847,474 Depreciation andamortization$2,122,730 Stock basedcompensation$1,815,848 Current portion ofdeferred variable...$1,260,469 Accounts payable andaccrued expenses$879,021 Amortization of debtdiscounts$536,078 Prepaid expenses-$294,264 Accounts receivable-$224,725 Reduction of right of useasset$141,217 Bad debts expense$138,405 Increase in related partyaccrued payroll and...$132,268 Accretion of leaseliability$103,956 Loss on disposal ofrevenue earning devices...-$93,249 Customer deposits$55,748 Penalty added to facevalue of the loan$24,510 Repayment of loans payable$1,302,561 Redemption of series b orseries c preferred...$125,000 Net cash used inoperating activities-$9,344,534 Canceled cashflow$11,669,962 Net cash used ininvesting activities-$12,861 Net loss-$14,510,251 Gain on settlement ofdebt$3,434,685 Device parts inventory$2,133,437 Deferred compensationfor ceo-$390,744 Inventory provision(recovery)-$290,000 Operating lease liabilitypayments-$238,792 Deposit on right of useasset$13,187 Security deposit onoperating lease$3,400 Purchase of fixed assets$10,863 Purchase of trademarks$1,998
Cash Flow

Artificial Intelligence Technology Solutions Inc. (AITX)

Artificial Intelligence Technology Solutions Inc. (AITX)

source: myfinsight.com