Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net Income $ 52,538 $ 16,148
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 224,806 160,106
Stock-based compensation 2,175 1,026
Changes in Assets and Liabilities:    
Accounts receivable 49,257 (85,417)
Inventory (114,091)
Other assets 9,775
Right of use asset (340,522)
Prepaid expenses and other current assets 87,626 16,832
Accounts payable and accrued expenses (172,651) 141,978
Deferred revenue (3,016) (48,361)
Operating lease liabilities 327,552 (245)
Net Cash Provided by Operating Activities 227,765 97,751
Cash Flows from Investing Activities:    
Capital expenditures (17,570) (16,587)
Net Cash Used in Investing Activities (17,570) (16,587)
Cash Flows from Financing Activities:    
Advances from credit line 155
Proceeds from related party loans
Repayments of capital lease obligations (183,590) (39,682)
Net Cash By Used in Financing Activities (183,590) (39,527)
Increase in Cash and Cash Equivalents 26,605 41,637
Cash and Cash Equivalents, Beginning of Period 228,790 105,139
Cash and Cash Equivalents, End of Period 255,395 146,776
Supplemental Disclosures:    
Cash paid for interest 50,621 13,876
Cash paid for income taxes
Non-cash investing and financing activities:    
Accrual of preferred stock dividend 31,078 30,419
Assets acquired by Finance lease $ 1,502,844