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Proceeds from theissuance of common stock$1,889,198 Proceeds from line ofcredit$152,500 Proceeds from theissuance of convertible...$90,000 Proceeds from theissuance of notes payable$50,000 Net cash provided byfinancing activities$2,041,996 Canceled cashflow$139,702 Netincrease(decrease) in cash$26,773 Canceled cashflow$2,015,223 Payments on line of credit$112,196 Payments on finance leaseliability$27,506 Accounts payable &accrued expenses$445,297 Common stock issued forservices-$156,075 Depreciation$51,064 Loss onextinguishment of debt-$38,145 Amortization of right of useasset, finance$28,181 Amortization of right of useasset, facilities$18,250 Amortization of loan fees-$13,094 Net cash used inoperating activities-$2,015,223 Canceled cashflow$750,106 Net loss-$2,742,499 Operating lease liability-$18,152 Prepaid consultingexpense$4,678
Cash Flow
source: myfinsight.com

SEAFARER EXPLORATION CORP (SFRX)

SEAFARER EXPLORATION CORP (SFRX)