General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss attributable to NaturalShrimp Incorporated $ (5,412,378) $ (1,065,265) $ (3,580,454) $ (4,728,951)
Adjustments to reconcile net loss to net cash used in operating activities        
Depreciation and amortization expense 758,775 19,677 346,437 100,359
Amortization of debt discount 236,364 0 47,273 577,228
Change in fair value of derivative liability 0 29,000 29,000 27,000
Change in fair value of warrant liability 0 0 0 (3,000)
Loss on warrant settlement 0 0 0 635,000
Financing costs 109,953 0 0 0
Default penalty 0 41,112 41,112 27,000
Net loss attributable to non-controlling interest 0 (3,581) (5,729) (82,101)
Forgiveness of PPP loan (103,200) 0 0 0
Loss on disposal of fixed assets 0 0 0 71,138
Loss due to fire 0 0 0 992,285
Shares issued for services 122,926 128,750 745,250 0
Changes in operating assets and liabilities:        
Prepaid expenses and other current assets (281,729) (25,424) (526,646) (93,407)
Inventory 0 0 0 4,200
Deposits 0 0 0 (167,698)
Accounts payable (138,766) 168,448 325,264 66,818
Other accrued expenses (58,396) (174,926) 117,957 57,307
Accrued expenses - related parties 600,000 0 0 0
Accrued interest 13,018 13,000 39,063 32,537
Accrued interest - related parties 0 18,096 44,096 1,440
Cash used in operating activities (4,153,434) (851,113) (2,377,377) (2,482,846)
CASH FLOWS FROM INVESTING ACTIVITIES        
Cash paid for machinery and equipment (645,705) (742,388) (1,739,186) (1,232,704)
Cash paid for asset acquisition with VeroBlue Farms, Inc. 0 0 (5,000,000) 0
Cash paid for patent acquisition with F & T (2,000,000) 0 0 0
Cash paid for acquisition of shares of NCI (1,000,000) 0 0 0
Cash paid for License Agreement (2,350,000) 0 0 0
Cash received from Insurance settlement 0 917,210 917,210 0
Cash paid for construction in process (1,297,819) (1,738,661) (1,715,654) 0
Cash (used in) provided by investing activities (7,293,524) (1,563,839) (7,537,630) (1,232,704)
CASH FLOWS FROM FINANCING ACTIVITIES        
Payments on bank loan (4,114) (15,794) (19,889) (14,177)
Payment of note payable (48,000) (24,000) (72,000) 0
Repayment of short-term promissory note and lines of credit (553,577) (7,656) 0 0
Repayment line of credit short-term 0 0 0 (199,181)
Proceeds from PPP loan 0 103,200 103,200 0
Proceeds from issuance of common shares 17,277,123 0 0 1,774,000
Shares issued upon exercise of warrants 11,000 0 0 0
Proceeds from sale of Series B Convertible Preferred stock 0 2,500,000 3,250,000 2,250,000
Proceeds from convertible debentures 0 0 600,000 100,000
Payment of note payable, related party (655,750) 0 0 (50,000)
Payments on convertible debentures (421,486) 0 0 (85,500)
Redemption of Series D PS (3,513,504) 0 6,050,000 0
Payments on convertible debentures, related party 0 0 0 (87,600)
Cash received in relation to Vista warrant settlement 0 50,000 50,000 0
Cash provided by financing activities 12,091,692 2,621,062 9,961,311 3,687,542
NET CHANGE IN CASH 644,736 206,110 46,304 (28,008)
CASH AT BEGINNING OF PERIOD 155,795 109,491 109,491 137,499
CASH AT ENDING OF PERIOD 800,531 315,601 155,795 109,491
Right of Use asset and Lease liability 275,400 0 0 275,400
INTEREST PAID 147,199 41,420 100,108 170,911
Supplemental Disclosure of Non-Cash Investing and Financing Activities:        
Shares issued upon conversion 421,486 336,437 551,021 639,708
Dividends in kind issued 0 134,443 134,442 0
Shares issued on Vista Warrant settlement 0 610,000 610,000 0
Note payable, related party, issued in place of Settlement Agreement 0 383,604 383,604 0
Shares to be issued as consideration for Patent acquisition 5,000,000 0 0 0
Shares to be issued as consideration for acquisition of remaining NCI 2,000,000 0 0 0
Notes payable, issued as consideration in VeroBlue Farms, Inc. asset acquisition 0 0 5,000,000 0
Shares payable, to be issued as finders fee in VeroBlue Farms, Inc. asset acquisition $ 0 $ 0 $ 136,000 $ 0