Duos Technologies Group, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
Consolidated Statements of Cash Flows (USD $)	Dec. 31, 2014	Dec. 31, 2013
Statement of Cash Flows [Abstract]
Net Loss	$ (735,223)us-gaap_NetIncomeLoss	$ (648,567)us-gaap_NetIncomeLoss
Depreciation	4,126us-gaap_Depreciation	5,715us-gaap_Depreciation
Amortization of prepaid consulting shares for services	29,792us-gaap_AmortizationOfDeferredCharges	29,708us-gaap_AmortizationOfDeferredCharges
Amortization of discounts	25,071	69,588
Gain on Settlement	(5,200)iosa_GainOnSettlement	(13,981)iosa_GainOnSettlement
Officers contributed salaries	608iosa_OfficerContributedSalaries	194,958iosa_OfficerContributedSalaries
Options issued for services	59,810	16,388
Bad Debt Expense		5,490iosa_BadDebtExpense
Expense for warrant term modifications		31,500
Interest and default penalty on convertible note		24,063
Loss on Fixed Asset Disposal	5,122iosa_LossOnFixedAssetDisposal
Loss on debt conversion	150,274iosa_LossOnDebtConversion
Accounts receivable	(12,593)us-gaap_IncreaseDecreaseInReceivables	3,522us-gaap_IncreaseDecreaseInReceivables
Prepaids		5,439
Other assets	1,690us-gaap_AdditionsToOtherAssetsAmount	3,000us-gaap_AdditionsToOtherAssetsAmount
Accounts payable	17,391	85,243
Accounts payable - related party		(6,156)
Accrued payroll	124,604iosa_AccruedPayroll	31,647iosa_AccruedPayroll
Accrued interest	60,911	8,872
Deferred revenue	(24,303)	(7,263)
Net Cash Used In Operating Activities	(297,920)	(160,834)
Proceeds from sale of property and equipment	1,725
Net Cash Provided by Investing Activities	1,725
Proceeds (Repayments) from checks written in excess of cash balances		(3,880)
Proceeds from notes - related parties	127,618us-gaap_ProceedsFromRelatedPartyDebt	175,597us-gaap_ProceedsFromRelatedPartyDebt
Repayments of notes - related parties	(75,512)us-gaap_RepaymentsOfRelatedPartyDebt	(74,534)us-gaap_RepaymentsOfRelatedPartyDebt
Proceeds from shareholder		60,000iosa_ProceedsFromShareholder
Repayment of third party notes	(23,016)iosa_RepaymentOfThirdPartyNotes
Repayment of convertible notes, shareholders		(14,932)us-gaap_RepaymentsOfConvertibleDebt
Proceeds from factor, net of repayments		(24,587)iosa_ProceedsFromFactorNetOfRepayments
Insurance premium repayments		(4,613)iosa_InsurancePremiumRepayments
Proceeds from line of credit facility	41,469us-gaap_ProceedsFromLinesOfCredit	39,981us-gaap_ProceedsFromLinesOfCredit
Repayments of line of credit facility	(43,452)us-gaap_RepaymentsOfLinesOfCredit	(37,032)us-gaap_RepaymentsOfLinesOfCredit
Proceeds from third party note	62,400us-gaap_ProceedsFromOtherShortTermDebt	45,000us-gaap_ProceedsFromOtherShortTermDebt
Proceeds from sales of stock	210,000
Net Cash Provided by Financing Activities	299,507	161,000
Net Change in Cash and Cash Equivalents	3,312	166
Cash and Cash Equivalents at Beginning of year	166
Cash and Cash Equivalents at End of year	3,478	166
Cash paid for interest	108,898us-gaap_InterestPaid	87,592us-gaap_InterestPaid
Cash paid for taxes
Conversion of convertible notes and accrued interest		106,563
Reclassification of accounts payable to notes payable, related party	20,000
Conversion of accounts payable to common stock	6,800us-gaap_StockIssued1
Conversion of note payable	180,045iosa_ConversionOfNotePayable
Warrants issued in note modification	11,900iosa_WarrantsIssuedOnNoteModificaiton
Original issued discount	27,332
Common stock issued for prepaid services		59,500
Third party payment on convertible notes	$ 6,540