CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net loss	$ 4,953,692	$ 7,924,339
Adjustments to reconcile net loss to net cash used in operations:
Depreciation and amortization	123,646	150,024
Gain/Loss on settlement of debt		44,852
Loss on lease termination	(11,020)	5,426
Loss on ROU asset	204,416	167,938
Discount amortization	1,172,111	2,850,033
Derivative loss (gain)	1,066,904	647,633
Stock-based compensation		440,667
Loss on intangibles	775,000
Changes in operating assets and liabilities:
Accounts receivable	38,732	(45,048)
Inventory	14,110	72,729
Pre-paids and other current asset	73,999	369,930
Related party receivable		203,325
Security deposit	7,889	(1,696)
Accounts payable	570,077	(130,405)
Customer deposits	(10,580)	(35,193)
Related party advances	395,759	231,310
Changes in lease liability	39,761	11,790
Net cash used in operating activities	(523,534)	(2,925,941)
Cash flows from investing activities:
Changes in intangibles
Purchase/Sale of office and computer equipment	(7,272)	(49,614)
Equity investment		(9,561)
Net cash used in investing activities	(7,272)	(59,175)
Cash flows from financing activities:
Proceeds from related party contribution		12,048
Payments/Proceeds from convertible notes payable	269,611	2,854,250
Proceeds/payments from notes payable		32,820
Bank overdraft	(2,360)	2,631
Proceeds from pay check protection program loan	262,445
Net cash provided by financing activities	529,696	2,901,749
Net decrease in cash and cash equivalents	(1,110)	(83,367)
Cash and cash equivalents, beginning of year	4,459	87,826
Cash and cash equivalents, end of year	3,349	4,459
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes
Schedule of non-cash Investing or Financing Activity:
Reclassification of derivative liabilities upon principal repayments of convertible notes	684,355	1,322,092
Conversion of notes payable and accrued interest in common stock	460,929	1,127,823
Operating lease right-of-use assets and liabilities		$ 1,038,580

INNERSCOPE HEARING TECHNOLOGIES, INC. 10-K