Wytec International (WYTC) S-1 22 Dec 21 IPO registration Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2021
Cover [Abstract]
Document Type	S-1
Amendment Flag	false
Entity Registrant Name	WYTEC INTERNATIONAL, INC.
Entity Central Index Key	0001560143
Entity Tax Identification Number	46-0720717
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	19206 Huebner Road
Entity Address, Address Line Two	Suite 202
Entity Address, City or Town	San Antonio
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	210
City Area Code	210-233-8980
Local Phone Number	233-8980
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	true

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash	$ 163,079	$ 595,732
Accounts receivable	69,455	59,352
Inventory	3,899	2,371
Prepaid expenses and other current assets	0	1,581
Total current assets	236,433	659,036
Property and equipment, net	127,068	174,964
Operating lease, right-of-use assets	34,870	117,169
Total assets	398,371	951,169
Current liabilities:
Accounts payable and accrued expenses	203,993	123,768
Accounts payable, related party	172,014	107,084
Other payable	895,000	895,000
Operating lease, right-of-use obligation, current portion	18,915	71,256
Contract liability	8,737	25,905
Notes payable, current portion	34,275	33,502
Promissory notes, shareholder, current portion	100,000	0
Short-term debt, net of unamortized discount	625,000	586,952
Total current liabilities	2,057,934	1,843,467
Long-term liabilities:
Operating lease, right-of-use obligation, long term portion	14,158	27,274
Notes payable, net of current portion	57,258	82,383
Promissory notes, shareholder, net of current	150,000	0
Total long term liabilities	221,416	109,657
Total liabilities	2,279,350	1,953,124
Stockholders' deficit:
Common stock, $0.001 par value, 495,000,000 shares authorized, 6,810,322 shares and 30,224,653 shares issued, 6,810,322 shares and 6,090,205 shares outstanding	6,810	30,225
Additional paid-in capital	21,961,889	26,352,142
Accumulated deficit	(23,515,665)	(22,071,742)
Repurchased shares	(80,000)	(80,000)
Deposit for future common stock subscriptions	0	121,055
Treasury stock:
Total stockholders' deficit	(1,880,979)	(1,001,955)
Total liabilities and stockholders' deficit	398,371	951,169
Series A Preferred Stock [Member]
Stockholders' deficit:
Preferred Stock, Value, Issued	2,380	2,420
Treasury stock:
Treasury Stock, Preferred, Value	(179,368)	(179,368)
Series B Preferred Stock [Member]
Stockholders' deficit:
Preferred Stock, Value, Issued	2,856	3,412
Treasury stock:
Treasury Stock, Preferred, Value	(79,882)	(79,882)
Series C Preferred Stock [Member]
Stockholders' deficit:
Preferred Stock, Value, Issued	1	1
Common Stock Treasury [Member]
Treasury stock:
Treasury Stock, Preferred, Value	$ 0	$ (5,100,218)

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	20,000,000	20,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	495,000,000	495,000,000
Common stock, shares issued	6,810,322	30,224,653
Common stock, shares outstanding	6,810,322	6,090,205
Treasury stock common shares	0	24,134,448
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	4,100,000	4,100,000
Preferred stock, shares issued	2,480,000	2,520,000
Preferred stock, shares outstanding	2,380,000	2,420,000
Treasury stock preferred, shares	100,000	100,000
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	6,650,000	6,650,000
Preferred stock, shares issued	2,856,335	3,412,885
Preferred stock, shares outstanding	2,811,800	3,368,360
Treasury stock preferred, shares	44,535	44,535
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares issued	1,000	1,000
Preferred stock, shares outstanding	1,000	1,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Revenue	$ 77,999	$ 111,625	$ 392,375	$ 444,390
Cost of sales	62,481	50,340	330,733	361,087
Gross profit	15,518	61,285	61,642	83,303
Expenses:
Selling, general and administrative	552,415	461,995	1,478,420	1,693,099
Research and development	19,555	5,852	40,953	10,577
Depreciation and amortization	12,351	17,307	46,932	53,042
Operating expenses, net	584,321	485,154	1,566,305	1,756,718
Net operating loss	(568,803)	(423,869)	(1,504,663)	(1,673,415)
Other income (expense):
Interest income	0	9	100	40
Pay check Protection Program loan forgiveness	160,075	0	160,075	0
Interest expense	(24,299)	(25,711)	(78,499)	(60,591)
Total other income (expense)	135,776	(25,702)	81,676	(60,551)
Net loss	$ (433,027)	$ (449,571)	$ (1,422,987)	$ (1,733,966)
Weighted average number of common shares Outstanding – Basic and fully diluted	6,810,322	5,482,206	6,650,120	5,469,502
Net loss per share -
Basic and fully diluted	$ (0.06)	$ (0.08)	$ (0.21)	$ (0.32)

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)	Preferred Stock Class A [Member]	Preferred Stock Class B [Member]	Preferred Stock Class C [Member]	Common Stock [Member]	Treasury Stock [Member]	Class A Preferred Treasury Stock [Member]	Class B Preferred Treasury Stock [Member]	Additional Paid-in Capital [Member]	Repurchased Shares [Member]	Deposit For Future Stock Subscriptions [Member]	Retained Earnings [Member]	Total
Balance, June 30, 2020, as restated see Note L at Dec. 31, 2019	$ 2,560	$ 3,735	$ 1	$ 29,564	$ (5,100,218)	$ (179,368)	$ (79,882)	$ 25,207,137			$ (20,049,044)	$ (165,515)
Shares, Outstanding, Beginning Balance at Dec. 31, 2019	2,560,000	3,735,784	1,000	29,564,014	24,134,448	100,000	44,535
Issuance of common stock				$ 20				99,980				100,000
Stock Issued During Period, Shares, New Issues				20,000
Issuance of Warrants for Service								89,155				89,155
Net loss for the three months ended September 30, 2020, as restated see Note L											(923,051)	(923,051)
Issuance of common stock for services				$ 11				52,759				52,770
Stock Issued During Period, Shares, Issued for Services				10,554
Balance, September 30, 2020, as restated see Note L at Mar. 31, 2020	$ 2,560	$ 3,735	$ 1	$ 29,595	$ (5,100,218)	$ (179,368)	$ (79,882)	25,529,084	0	0	(20,972,095)	(766,588)
Shares, Outstanding, Ending Balance at Mar. 31, 2020	2,560,000	3,735,784	1,000	29,594,568	24,134,448	100,000	44,535
Issuance of detachable warrants with Debt								80,053				80,053
Balance, June 30, 2020, as restated see Note L at Dec. 31, 2019	$ 2,560	$ 3,735	$ 1	$ 29,564	$ (5,100,218)	$ (179,368)	$ (79,882)	25,207,137			(20,049,044)	(165,515)
Shares, Outstanding, Beginning Balance at Dec. 31, 2019	2,560,000	3,735,784	1,000	29,564,014	24,134,448	100,000	44,535
Net loss for the three months ended September 30, 2020, as restated see Note L												(1,733,966)
Balance, September 30, 2020, as restated see Note L at Sep. 30, 2020	$ 2,520	$ 3,652	$ 1	$ 29,762	$ (5,100,218)	$ (179,368)	$ (79,882)	25,749,895	(80,000)	0	(21,783,010)	(1,436,648)
Shares, Outstanding, Ending Balance at Sep. 30, 2020	2,520,000	3,652,451	1,000	29,762,072	24,134,448	100,000	44,535
Balance, June 30, 2020, as restated see Note L at Mar. 31, 2020	$ 2,560	$ 3,735	$ 1	$ 29,595	$ (5,100,218)	$ (179,368)	$ (79,882)	25,529,084	0	0	(20,972,095)	(766,588)
Shares, Outstanding, Beginning Balance at Mar. 31, 2020	2,560,000	3,735,784	1,000	29,594,568	24,134,448	100,000	44,535
Net loss for the three months ended September 30, 2020, as restated see Note L											(361,344)	(361,344)
Conversion of series A preferred stock to common stock	$ (40)			$ 40
Conversion of Series A Preferred Stock to Common Stock, Shares	(40,000)			40,000
Balance, September 30, 2020, as restated see Note L at Jun. 30, 2020	$ 2,520	$ 3,735	$ 1	$ 29,635	$ (5,100,218)	$ (179,368)	$ (79,882)	25,529,084	(80,000)	0	(21,333,439)	(1,207,932)
Shares, Outstanding, Ending Balance at Jun. 30, 2020	2,520,000	3,735,784	1,000	29,634,568	24,134,448	100,000	44,535
Repurchase agreement									(80,000)			(80,000)
Conversion of series B preferred stock to common stock		(83)		$ 83
Conversion of Series B Preferred Stock to Common Stock. Shares			(83,333)	83,333
Conversion of warrants				$ 1				2,499				2,500
Conversion of Warrants, Shares				500
Issuance of common stock				$ 41				206,834				206,875
Stock Issued During Period, Shares, New Issues				41,375
Net loss for the three months ended September 30, 2020, as restated see Note L											(449,571)	(449,571)
Issuance of common stock for services				$ 2				11,478				11,480
Stock Issued During Period, Shares, Issued for Services				2,296
Balance, September 30, 2020, as restated see Note L at Sep. 30, 2020	$ 2,520	$ 3,652	$ 1	$ 29,762	$ (5,100,218)	$ (179,368)	$ (79,882)	25,749,895	(80,000)	0	(21,783,010)	(1,436,648)
Shares, Outstanding, Ending Balance at Sep. 30, 2020	2,520,000	3,652,451	1,000	29,762,072	24,134,448	100,000	44,535
Balance, June 30, 2020, as restated see Note L at Dec. 31, 2020	$ 2,420	$ 3,412	$ 1	$ 30,225	$ (5,100,218)	$ (179,368)	$ (79,882)	26,352,142	(80,000)	121,055	(22,071,742)	(1,001,955)
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	2,420,000	3,412,885	1,000	30,224,653	24,134,448	100,000	44,535
Conversion of series B preferred stock to common stock		$ (461)		$ 461
Conversion of Series B Preferred Stock to Common Stock. Shares		(461,270)		461,270
Conversion of warrants				$ 15				75,985				76,000
Conversion of Warrants, Shares				15,200
Issuance of common stock for cash already received				$ 24				121,031		(121,055)
[custom:IssuanceOfCommonStockForCashAlreadyReceivedShares]				24,211
Issuance of common stock				$ 9				46,866				46,875
Stock Issued During Period, Shares, New Issues				9,375
Issuance of Warrants for Service								51,344				51,344
Issuance of Warrants								6,047				6,047
Net loss for the three months ended September 30, 2020, as restated see Note L											(564,640)	(564,640)
Balance, September 30, 2020, as restated see Note L at Mar. 31, 2021	$ 2,420	$ 2,951	$ 1	$ 30,734	$ (5,100,218)	$ (179,368)	$ (79,882)	26,653,415	(80,000)		(22,636,382)	(1,386,329)
Shares, Outstanding, Ending Balance at Mar. 31, 2021	2,420,000	2,951,615	1,000	30,734,709	24,134,448	100,000	44,535
Balance, June 30, 2020, as restated see Note L at Dec. 31, 2020	$ 2,420	$ 3,412	$ 1	$ 30,225	$ (5,100,218)	$ (179,368)	$ (79,882)	26,352,142	(80,000)	121,055	(22,071,742)	(1,001,955)
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	2,420,000	3,412,885	1,000	30,224,653	24,134,448	100,000	44,535
Net loss for the three months ended September 30, 2020, as restated see Note L												(1,422,987)
Balance, September 30, 2020, as restated see Note L at Sep. 30, 2021	$ 2,380	$ 2,856	$ 1	$ 6,810	$ 0	$ (179,368)	$ (79,882)	21,961,889	(80,000)		(23,515,665)	(1,880,979)
Shares, Outstanding, Ending Balance at Sep. 30, 2021	2,380,000	2,856,335	1,000	6,810,322	0	100,000	44,535
Balance, June 30, 2020, as restated see Note L at Mar. 31, 2021	$ 2,420	$ 2,951	$ 1	$ 30,734	$ (5,100,218)	$ (179,368)	$ (79,882)	26,653,415	(80,000)		(22,636,382)	(1,386,329)
Shares, Outstanding, Beginning Balance at Mar. 31, 2021	2,420,000	2,951,615	1,000	30,734,709	24,134,448	100,000	44,535
Conversion of series B preferred stock to common stock		$ (55)		$ 55
Conversion of Series B Preferred Stock to Common Stock. Shares		(55,280)		55,280
Net loss for the three months ended September 30, 2020, as restated see Note L											(446,256)	(446,256)
Conversion of series A preferred stock to common stock	$ (40)			$ 40
Conversion of Series A Preferred Stock to Common Stock, Shares	(40,000)			40,000
Issuance of warrants in connection with conversion of other warrants								10,728				10,728
Warrants exercised				$ 29				145,001				145,030
[custom:WarrantsExercisedEquityShares]				29,006
Cancellation of Treasury Stock				$ (24,134)	$ 5,100,218			(5,076,084)
Stock Repurchased and Retired During Period, Shares				(24,134,448)	(24,134,448)
Balance, September 30, 2020, as restated see Note L at Jun. 30, 2021	$ 2,380	$ 2,896	$ 1	$ 6,724	$ 0	$ (179,368)	$ (79,882)	21,733,060	(80,000)		(23,082,638)	(1,676,827)
Shares, Outstanding, Ending Balance at Jun. 30, 2021	2,380,000	2,896,335	1,000	6,724,547	0	100,000	44,535
Conversion of series B preferred stock to common stock		$ (40)		$ 40
Conversion of Series B Preferred Stock to Common Stock. Shares		(40,000)		40,000
Conversion of warrants
Issuance of common stock				$ 45				226,830				226,875
Stock Issued During Period, Shares, New Issues				45,375
Net loss for the three months ended September 30, 2020, as restated see Note L											(433,027)	(433,027)
Issuance of common stock for services				$ 1				1,999				2,000
Stock Issued During Period, Shares, Issued for Services				400
Balance, September 30, 2020, as restated see Note L at Sep. 30, 2021	$ 2,380	$ 2,856	$ 1	$ 6,810	$ 0	$ (179,368)	$ (79,882)	$ 21,961,889	$ (80,000)		$ (23,515,665)	$ (1,880,979)
Shares, Outstanding, Ending Balance at Sep. 30, 2021	2,380,000	2,856,335	1,000	6,810,322	0	100,000	44,535

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities
Net loss	$ (1,422,987)	$ (1,733,966)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	46,932	53,042
Amortization of debt discount	38,048	28,788
Stock based compensation	70,119	153,405
Non-cash lease expense	80,952	100,538
Pay check protection program loan forgiveness	(160,073)	0
Decrease (increase) in operating assets
Accounts receivable	(27,144)	55,881
Inventory	(1,528)	(1,098)
Work in Process	0	(71,378)
Prepaid expenses and other assets	1,581	10,606
Increase (decrease) in operating liabilities
Accounts payable and accrued expenses	80,225	128,150
Accounts payable, related party	64,930	26,744
Contract liability	(17,168)	0
Operating lease liability	(63,146)	(93,304)
Net cash used in operating activities	(1,309,259)	(1,342,592)
Cash flows from investing activities
Purchase of equipment	0	(13,039)
Net cash used in investing activities	0	(13,039)
Cash flows from financing activities
Proceeds from issuance of non-convertible notes	0	803,158
Repurchase agreement	0	(60,000)
Proceeds from Paycheck Protection Program loan	160,073	0
Proceeds from promissory notes, shareholder	250,000	0
Payments on notes payable	(28,247)	(25,125)
Proceeds from exercise of warrants	221,030	2,500
Proceeds from issuance of common stock	273,750	306,878
Net cash provided by financing activities	876,606	1,027,411
Net increase (decrease) in cash	(432,653)	(328,220)
Cash - beginning of period	595,732	619,104
Cash - end of period	163,079	290,884
Supplemental disclosures:
Interest paid	6,069	0
Non-cash investing and financing activities:
Conversion of series A preferred stock to common stock	40	40
Conversion of series B preferred stock to common stock	556	83
Cancellation and renegotiation of leases	0	134,616
Issuance of common stock in lieu of interest payment	43,750	0
Issuance of detachable warrants with Debt	0	80,053
Issuance of Stock Repurchase Note Payable	$ 0	$ 200,000

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE A – SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Description of Business On or about August 20, 2020, Capaciti Networks, Inc., our former subsidiary, was dissolved and on or about September 22, 2020, Wylink, Inc., our former subsidiary, was dissolved. No consideration was exchanged in either transaction. As a result of the dissolutions, we acquired the net assets and liabilities of both Wylink, Inc, and Capaciti Networks, Inc. and their operations continue as part of the Company. Basis of Accounting Revenue and Cost Recognition The Company earns revenues from contracts with customers for (i) sales and installation of cellular enhancement equipment and (ii) support agreements. Revenue from the sale and installation of cellular enhancement equipment is recognized either when the installation is completed or as the Company installs the cellular enhancement equipment, depending on the complexity of the system, such as the degree of customization of the equipment being installed, and the agreement with the customer. The less complex systems installed by the Company where management believes the installed equipment has an alternative use, due to the standard nature of the equipment sourced from our vendors that can be used in other projects, revenue from such contacts is recognized for completed installations upon customer acceptance. This assessment, at contract inception, is a management judgment based on the combination of equipment ordered, the services performed and whether or not material effort, within the context of the contract, would be required to rework the equipment for another project, and the term and terms of the contract with the customer. For example, such contracts are usually completed within 30-45 days. In larger more complex projects where the Company is creating an asset for the customer with no alternative use and has an enforceable right to payment for performance prior to contract completion, we recognize revenue utilizing the percentage of completion method. This method measures completion based on management’s estimate of total costs to complete each contract because management considers total costs to be the best available measure of progress on the contract. Support agreements entered into with customers are generally for a period of one year, during which the Company stands ready to provide service and support for installed systems at the customer site. Support agreement amounts are billed in advance to the customer, as agreed in the contract, and recorded as a contract liability. During the period, the Company provides unspecified firmware upgrades to installed client equipment as they are available. Management estimates that straight line recognition of revenue over the period of the support agreement contract is a faithful representation of the pattern of delivery on the Company’s obligation under these agreements. Sales tax is recorded on a net basis and excluded from revenue. Allowance for Doubtful Accounts No Operating Leases Right-of-use Assets and Operating Lease Obligations Use of Estimates Income Taxes The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating losses and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets and liabilities are expected to be realized or settled. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE B – GOING CONCERN Our consolidated financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplate the realization of assets and liquidation of liabilities in the normal course of business. We have incurred continuous losses from operations, have an accumulated deficit of $ 23,515,665 Our ability to continue as a going concern is dependent on our ability to generate sufficient cash from operations to meet our cash needs and/or to raise funds to finance ongoing operations and repay debt. However, there can be no assurance that we will be successful in our efforts to raise additional debt or equity capital and/or that our cash generated by our operations will be adequate to meet our needs. These factors, among others, indicate that we may be unable to continue as a going concern for a reasonable period of time. Management expects to continue to seek additional funding through private or public equity sources and will seek debt financing.

REVENUE AND ACCOUNTS RECEIVABLE

REVENUE AND ACCOUNTS RECEIVABLE	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
REVENUE AND ACCOUNTS RECEIVABLE	NOTE C – REVENUE AND ACCOUNTS RECEIVABLE The Company recognizes revenue in accordance with its accounting policy. The Company invoices customers and recognizes accounts receivable in an amount equivalent to which it has an unconditional right and expects to receive aligned with the agreement with the customer. The Company has contracted payment terms with its customer of net 15 days. The Company recognized revenue from performance obligations satisfied as of a point in time and over time as disaggregated in the table below. Timing of Revenue Recognition Disaggregation of Revenue For the Three Months Ended For the Nine Months Ended September 30, September 30, 2021 2020 2021 2020 Point in Time $ 69,988 $ 111,557 $ 366,773 $ 444,322 Over Time 8,011 68 25,602 68 $ 77,999 $ 111,625 $ 392,375 $ 444,390 Due to the Company billing service agreements in advance and recognizing revenue for service agreements over time as more fully described in its accounting policy the Company carries a contract liability balance proportional to the time remaining on each customer agreement. The Company issues invoices to customers for completed work as performance obligations satisfied as of a point in time are fulfilled and does not carry a contract asset balance for these performance obligations. Contract Assets and Liabilities Contract Assets and Liabilities September 30, December 31, 2021 2020 Contract Liability $ (8,737 ) $ (25,905 ) $ (8,737 ) $ (25,905 ) The Company’s contracts for support services are typically for terms of one year or less. The aggregate amount of contract performance obligation as of September 30, 2021 and December 31, 2020 that the Company expects to recognize over the next year is $8,737 and $25,905, respectively. The Company is under no obligation and is not in the practice of providing customers with returns, rebates, discounts, or refunds and has not in an amount material to the financial statements. The Company, accordingly, does not recognize these obligations at the time of revenue recognition. The Company may receive consideration from customers who enter into support agreements in the future for incremental services provided to such customers. Those services are delivered as of a point in time when the customer requests the service. Future consideration as described is excluded from the transaction price calculated for support agreement performance obligations. The Company has applied the practical expedient that permits the Company to recognize revenue without regard to significant financing components based on the Company’s expectations about the transfer of services and the receipt of payment from customers. The effect of this practical expedient is not material to the Company’s financial statements.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE D – PROPERTY AND EQUIPMENT Property and equipment consist of the following: Schedule of Property and Equipment September 30, December 31, 2021 2020 Telecommunication equipment and computers $ 1,267,497 $ 1,267,497 Less: accumulated depreciation (1,140,429 ) (1,092,533 ) Property and equipment, net $ 127,068 $ 174,964 Depreciation expense for the nine months ended September 30, 2021 and 2020 was $ 46,932 53,042 12,351 17,307

DEBT

DEBT	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
DEBT	NOTE E – DEBT The Company’s debt consists of the following: Schedule of debt September 30, December 31, 2021 2020 Various promissory notes payable to due to shareholder, all carry simple interest of 7% per annum, due at various times between August 2022 and March 2023 $ 250,000 $ – Notes payable to a financial institution, interest rates of 4.7% per annum, with the equipment purchased pledged as collateral and varying due dates through November 2024 91,533 – $625,000 of 7% unsecured note payable due February 2022, net of unamortized discount of $-0- and $38,048, respectively 625,000 586,952 $ 975,833 $ 586,952 In February 2020, we issued a note in the amount of $ 625,000 7 62,500 80,053 9,910 February 13, 2022 In March 2021, we received a loan pursuant to the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) in the amount of $ 160,073 In June 18, 2021, a shareholder advanced funds in the amount of $ 100,000 7 In August and September 2021, a shareholder loaned a total of $150,000, to the Company under two separate promissory notes in the amounts of $ 100,000 50,000 7 Schedule of long term debt maturities 12 Month Period Ending September 30, 2022 $ 759,275 2023 179,534 2024 27,724 Total future payments 966,533 Less: discount – Total debt $ 966,533

REPURCHASE AGREEMENT

REPURCHASE AGREEMENT	9 Months Ended
	Sep. 30, 2021
Repurchase Agreement
REPURCHASE AGREEMENT	NOTE F – REPURCHASE AGREEMENT In April 2020, we entered into a Repurchase and General Release Agreement (the “Agreement”) with one shareholder pursuant to which we promised to pay the amount of $200,000 due on December 31, 2020, in consideration for the return to us of 40,000 shares of outstanding common stock and 40,000 shares of outstanding Series B Preferred Stock previously purchased and currently held by the shareholder. The Agreement stated that the Company was to make $10,000 monthly installments with the balance payable on the maturity date. The Agreement contains a feature that allows the Company to extend the maturity date of the amount payable to March 31, 2021 in the Company’s sole discretion, and if the Company exercises this option, the $10,000 monthly installments will continue until the extended maturity date on which date the remaining balance will be due. In September 2020, the Company extended the maturity date under the terms of the Agreement to March 31,2021. The Company made payments in the amount of $80,000 in good faith during 2020, however, the shareholder has not returned any of the shares that we paid for so that they may be canceled as contemplated in the Agreement. As the shares had not been returned, the Company is not obligated per the Agreement to pay any monies. The Company is pursuing action against the shareholder to have the shares returned or have the monies paid returned. Until such time, the $ 80,000

LEASES

LEASES	9 Months Ended
	Sep. 30, 2021
Leases
LEASES	NOTE G – LEASES The Company leases facilities and office equipment under various operating leases, which generally are expected to be renewed or replaced by other leases. For the nine-month periods ended September 30, 2021 and 2020, operating lease expense totaled $ 83,888 115,363 25,710 24,474 The weighted average remaining lease term is 1.80 5.5 Future minimum lease payments as of September 30, 2021 are as follows: Minimum Lease Payments 2021 $ 18,915 2022 12,815 2023 2,875 Total minimum lease payments 34,605 Less: imputed interest (1,532 ) Present value of minimum lease payments $ 33,073 Less: current portion of lease obligation 18,915 Long-term lease obligation $ 14,158

WARRANTS

WARRANTS	9 Months Ended
	Sep. 30, 2021
Warrants
WARRANTS	NOTE H – WARRANTS The Company has common stock purchase warrants outstanding at September 30, 2021 to purchase 2,491,074 2,000,000 1.00 268,019 5.00 223,055 5.00 To calculate the fair value of stock warrants at the date of grant, we use the Black-Scholes option pricing model. The volatility used is based on historical volatilities of selected peer group companies. Management estimates the average volatility considering current and future expected market conditions. The risk-free interest rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Each issuance is individually valued according to this procedure as of the date of issue with maturity dates between December 31, 2021 and December 31, 2022, volatility estimates between 35% to 60% and risk-free rates 0.05% to 0.1% in the period. On January 7, 2021 we issued 56,592 51,344 During January 2021, we issued 24,211 22,173 During February 2021, we issued 9,375 7,005 During February 2021, we issued 3,750 5,969 During March 2021, we issued 50 78 During the quarter ended March 31, 2021, a total of 15,200 3,800 In April 2021, a total of 9,006 45,030 2,252 3,394 In May 2021, a total of 20,000 100,000 5,000 7,335 In July 2021, we issued 20,000 27,159 In August 2021, we issued 9,375 7,560 In September 2021, we issued 16,000 15,836 The following is a summary of activity and outstanding common stock warrants: Schedule of warrant activity # of Warrants Balance, December 31, 2020 2,388,675 Warrants granted 146,605 Warrants exercised (44,206 ) Warrants expired – Balance, September 30, 2021 2,491,074 Exercisable, September 30, 2021 2,491,074

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE I – STOCKHOLDERS’ EQUITY Holders of common stock are entitled to one vote per share. The common stock does not have cumulative voting rights in the election of directors. Accordingly, the holders of a majority of the outstanding shares of common stock entitled to vote in any election of directors may elect all of the directors standing for election. Subject to preferential rights with respect to any series of preferred stock that may be issued, holders of the common stock are entitled to receive ratably such dividends as may be declared by the board of directors on the common stock out of funds legally available therefore and, in the event of liquidation, dissolution or winding-up of affairs, are entitled to share equally and ratably in all the remaining assets and funds. Series A preferred stock is nonvoting capital stock but may be converted into voting common stock. Each share of series A preferred stock is convertible at the option of the holder at any time after the issuance into one share of common stock, subject to adjustment from time to time in the event (i) the Company subdivides or combines its outstanding common stock into a greater or smaller number of shares, including stock splits and stock dividends; or (ii) of a reorganization or reclassification of common stock, the consolidation or merger with or into another company, the sale, conveyance or other transfer of substantially all of the Company assets to another corporation or other similar event, whereby securities or other assets are issuable or distributable to the holders of the outstanding common stock upon the occurrence of any such event; or (iii) of the issuance to the holders of Company common stock of securities convertible into, or exchangeable for, such shares of common stock. Each outstanding share of series A preferred stock will automatically convert into one share of common stock (a) if the common stock commences public trading on the NASDAQ capital market or better, (b) if the series A preferred stockholder receives distributions from the net profits pool equal to the original purchase price paid for their registered links, or (c) five years after the date of issuance of the series A preferred stock. The Company does not have any other right to require a conversion of the series A preferred stock into common stock. The Company does not have the option to redeem outstanding shares of series A preferred stock. A holder of the series A preferred stock has no preemptive rights to subscribe for any additional shares of any class of stock or for any issue of bonds, notes or other securities convertible into any class of stock. In the event of a liquidation, dissolution or winding-up whether voluntary or otherwise, after payment of debts and other liabilities, the holders of the series A preferred stock will be entitled to receive from the remaining net assets, before any distribution to the holders of the common stock, the amount of $1.50 per share. After payment of the liquidation preference to the holders of series A preferred stock and payment of any other distributions that may be required with respect to any other series of preferred stock, the remaining assets, if any, will be distributed ratably to the holders of the common stock and the holders of the series A preferred stock on an as-if converted basis. The series B preferred stock is voting capital stock. The holders of the series B preferred stock will vote on an as-converted basis with the common stock on all matters submitted to a vote of the shareholders. The holders of the series B preferred stock are not entitled to any dividends unless and until the series B preferred stock is converted into common stock. Each share of series B preferred stock is convertible at the option of the holder at any time after issuance into one share of common stock, subject to adjustment from time to time in the event (i) the Company subdivides or combines into outstanding common stock into a greater or smaller number of shares, including stock splits and stock dividends; or (ii) of a reorganization or reclassification of common stock, the consolidation or merger with or into another company, the sale, conveyance or other transfer of substantially all of the Company assets to another corporation or other similar event, whereby securities or other assets are issuable or distributable to the holders of the outstanding common stock upon the occurrence of any such event; or (iii) of the issuance by us to the holders of common stock of securities convertible into, or exchangeable for, such shares of common stock. Each outstanding share of series B preferred stock will automatically convert into one share of common stock at a conversion rate equal to the lesser of $3.00 per share or 75% of the average closing price of the Company’s common stock as quoted on the public securities trading market on which our common stock is then traded with the highest volume, for ten (10) consecutive trading days immediately after the first day of public trading of common stock if common stock commences public trading on the NASDAQ capital market or better, but in any event no less than $2.50 per share or at $3.00 per share five years after the date of issuance of the series B preferred stock. In the event of a liquidation, dissolution or winding-up whether voluntary or otherwise, after payment of debts and other liabilities, the holders of the series B preferred stock will be entitled to receive from the remaining net assets, before any distribution to the holders of the common stock, and pari pasu with the payment of a liquidation preference of $1.50 per share to the holders of the series A preferred stock, the amount of $3.00 per share. After payment of the liquidation preference to the holders of the series A preferred stock and the series B preferred stock, and payment of any other distribution that may be required with respect to any other series of preferred stock, the remaining assets, if any, will be distributed ratably to the holders of the common stock, the holders of the series A preferred stock, and the holders of the series B preferred stock on an as-if converted basis. The series C preferred stock is voting capital stock. For so long as any shares of the series C preferred stock remain issued and outstanding, the holders thereof, voting separately as a class, shall have the right, on or after July 20, 2016, to vote in an amount equal to 51% of the total vote (representing a super majority voting power) with respect to all matters submitted to a vote of the shareholders of Wytec. Such vote shall be determined by the holder(s) of a majority of the then issued and outstanding shares of series C preferred stock. For example, if there are 10,000 shares of our common stock issued and outstanding at the time of such shareholder vote, the holders of the series C preferred stock, voting separately as a class, will have the right to vote an aggregate of 10,408 shares, out of a total number of 20,408 shares voting. Additionally, the Company is prohibited from adopting any amendments to the Company’s bylaws or articles of incorporation, as amended, making any changes to the certificate of designation establishing the series C preferred stock, or effecting any reclassification of the series C preferred stock, without the affirmative vote of at least 66-2/3% of the outstanding shares of series C preferred stock. The Company may, however, by any means authorized by law and without any vote of the holders of shares of series C preferred stock, make technical, corrective, administrative or similar changes to such certificate of designation that do not, individually or in the aggregate, adversely affect the rights or preferences of the holders of shares of series C preferred stock. The holders of the series C preferred stock are not entitled to any dividends. Holders of the series C preferred stock have no conversion rights. The shares of the series C preferred stock shall be automatically redeemed by us at their par value on the first to occur of the following: (i) on the date that Mr. Gray ceases, for any reason, to serve as officer, director or consultant of Wytec, or (ii) on the date that our shares of common stock first trade on any national securities exchange provided that the listing rules of any such exchange prohibit preferential voting rights of a class of securities of Wytec, or listing on any such national securities exchange is conditioned upon the elimination of the preferential voting rights of the series C preferred stock set forth in the certificate of designation. A holder of the series C preferred stock has no preemptive rights to subscribe for any additional shares of any class of stock of Wytec or for any issue of bonds, notes or other securities convertible into any class of stock of Wytec. The holders of the Series C preferred stock are not entitled to any liquidation preference. During the first quarter of 2021, the Company issued a total of 461,270 461,270 In January 2021, a total of 24,211 In February 2021, a total of 15,000 75,000 In February 2021, the Company issued a total of 9,375 In March 2021, a total of 200 1,000 In April 2021, a total of 9,006 45,030 In April 2021, the Company issued a total of 25,280 25,280 In May 2021, a total of 20,000 100,000 In May 2021, the Company issued a total of 30,000 30,000 In June 2021, the Company issued a total of 40,000 On June 14, 2021, the Company cancelled 24,134,448 In July 2021, the Company issued a total of 20,000 In July 2021, the Company issued a total of 30,000 30,000 In August 2021, the Company issued a total of 9,375 In August 2021, the Company issued a total of 10,000 10,000 In August 2021, the Company issued a total of 400 In September 2021, the Company issued a total of 16,000

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE J – RELATED PARTY TRANSACTIONS The Company has an account payable balance owed to Richardson & Associates in the amount of $ 172,014 107,084 106,870 47,285

CONCENTRATION

CONCENTRATION	9 Months Ended
	Sep. 30, 2021
Risks and Uncertainties [Abstract]
CONCENTRATION	NOTE K – CONCENTRATION The Company derived $ 272,843 70 365,692 82

PRIOR PERIOD MISSTATEMENTS

PRIOR PERIOD MISSTATEMENTS	9 Months Ended
	Sep. 30, 2021
Prior Period Misstatements
PRIOR PERIOD MISSTATEMENTS	NOTE L – PRIOR PERIOD MISSTATEMENTS As part of its internal review prior to submitting its financial statements for the 3-month period ended March 31, 2021, the Company’s Management identified certain items, which pursuant to GAAP standards, required adjusting entries for proper financial presentation. The identified items related to prior periods dating back to 2019, and included: 1) Understatement of 2020 expenses, that related to 2019, in the amount of $ 49,174 17,041 Management evaluated the impact of these misstatements and determined the impact is immaterial. Management has corrected the accompanying Condensed Consolidated Statement of Cash Flows for the nine months ended September 30, 2020, which resulted in a decrease to net cash used in operating activities of $ 25,125 Scheduled of condensed consolidated statement of operations 2020 Statement of Operations Impact For the Three Months Ended September 30, 2020 Adjustment for Error Correction As Revised Revenues $ 111,625 $ – $ 111,625 Cost of sales 50,340 – 50,340 Selling, general and administrative 472,464 (3) (10,469 ) 461,995 Depreciation and amortization 9,229 (3) 8,078 17,307 Research and development 5,852 – 5,852 Other expense 23,608 (3) 2,094 25,702 Net loss $ (449,868 ) $ 297 $ (449,571 ) For the Nine Months Ended September 30, 2020 Adjustment for Error Correction As Revised Revenues $ 444,390 $ – $ 444,390 Cost of sales 361,087 – 361,087 Selling, general and administrative 1,675,332 (1/3) 17,767 1,693,099 Depreciation and amortization 28,808 (3) 24,234 53,042 Research and development 10,577 – 10,577 Other expense 54,269 (3) 6,282 60,551 Net loss $ (1,685,683 ) $ (48,283 ) $ (1,733,966 ) December 31, 2020 Balance Sheet Impact As Previously Adjustment for As Reported Error Correction Revised Assets Accounts Receivable $ 42,311 (2) $ 17,041 $ 59,352 Other current assets 599,684 – 599,684 Other assets 117,169 – 117,169 Fixed Assets 55,184 (3) 119,780 174,964 Total Assets 814,348 136,821 951,169 Liabilities Current liabilities $ 1,809,965 (3) $ 33,502 $ 1,843,467 Note payables – (3) 82,383 82,383 Other liabilities 27,274 – 27,274 Total liabilities 1,837,239 115,885 1,953,124 Stockholders' deficit Accumulated deficit (22,092,678 ) (2)/(3) 20,936 (22,071,742 ) Total Stockholders' deficit $ (1,022,891 ) $ 20,936 $ (1,001,955 )

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE M – SUBSEQUENT EVENTS In October 2021, the Company commenced an offering of up to $1,400,000 of convertible promissory notes (the “Notes”) under Rule 506(b) of Regulation D of the Securities Act of 1933, as amended, (the “Note Offering”). Each Note bears simple interest at the rate of 7% per annum and is due and payable twelve months after the initial issuance of the Note (the “Maturity Date”). If the Company’s common stock is listed on the NASDAQ Market System on or before the Maturity Date, the noteholders (“Noteholders”) will have the option to convert all or a portion of their outstanding Notes into shares of the Company’s common stock at a rate equal to the greater of $5.00 per share or a price equal to eighty-five percent (85%) of the 10-day moving average of the Company’s public trading price as shown on the NASDAQ Market System. If the Note is converted before the Company’s common stock has commenced to trade on the public securities trading market, then (a) the conversion price will be $5.00 per share, and (b) immediately upon the conversion, the converting Noteholders will be issued a number of new warrants from the Company equal to the dollar amount of the conversion divided by $5.00 (the “Warrants”). The Warrants will be exercisable until December 31, 2022 at an exercise price equal to the greater of (i) five dollars ($5.00) or (ii) eighty-five percent (85%) of the 10-day moving average of the Borrower’s public trading price as shown on the NASDAQ Market System. In October 2021, Wytec issued a total of 40,000 shares of common stock and 40,000 of common stock purchase warrants to six investors pursuant to the Company’s Unit Offering. In October 2021, the president of the Company loaned $10,000 to the Company pursuant to a promissory note. The note bears simple interest at a rate of 5% per annum with a maturity date of October 21, 2022. In November 2021, the Company issued a total of 4,100 shares of common stock in consideration for the exercise of 4,100 common stock purchase warrants by two warrant holders at an exercise price of $5.00 per share. In November 2021, Wytec issued a total of 17,000 shares of common stock and 17,000 of common stock purchase warrants to two investors pursuant to the Company’s Unit Offering. On November 4, 2021, Ms. Erica Perez was appointed as a director of Wytec.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
Description of Business	Description of Business On or about August 20, 2020, Capaciti Networks, Inc., our former subsidiary, was dissolved and on or about September 22, 2020, Wylink, Inc., our former subsidiary, was dissolved. No consideration was exchanged in either transaction. As a result of the dissolutions, we acquired the net assets and liabilities of both Wylink, Inc, and Capaciti Networks, Inc. and their operations continue as part of the Company.
Basis of Accounting	Basis of Accounting
Revenue and Cost Recognition	Revenue and Cost Recognition The Company earns revenues from contracts with customers for (i) sales and installation of cellular enhancement equipment and (ii) support agreements. Revenue from the sale and installation of cellular enhancement equipment is recognized either when the installation is completed or as the Company installs the cellular enhancement equipment, depending on the complexity of the system, such as the degree of customization of the equipment being installed, and the agreement with the customer. The less complex systems installed by the Company where management believes the installed equipment has an alternative use, due to the standard nature of the equipment sourced from our vendors that can be used in other projects, revenue from such contacts is recognized for completed installations upon customer acceptance. This assessment, at contract inception, is a management judgment based on the combination of equipment ordered, the services performed and whether or not material effort, within the context of the contract, would be required to rework the equipment for another project, and the term and terms of the contract with the customer. For example, such contracts are usually completed within 30-45 days. In larger more complex projects where the Company is creating an asset for the customer with no alternative use and has an enforceable right to payment for performance prior to contract completion, we recognize revenue utilizing the percentage of completion method. This method measures completion based on management’s estimate of total costs to complete each contract because management considers total costs to be the best available measure of progress on the contract. Support agreements entered into with customers are generally for a period of one year, during which the Company stands ready to provide service and support for installed systems at the customer site. Support agreement amounts are billed in advance to the customer, as agreed in the contract, and recorded as a contract liability. During the period, the Company provides unspecified firmware upgrades to installed client equipment as they are available. Management estimates that straight line recognition of revenue over the period of the support agreement contract is a faithful representation of the pattern of delivery on the Company’s obligation under these agreements. Sales tax is recorded on a net basis and excluded from revenue.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts No
Operating Leases Right-of-use Assets and Operating Lease Obligations	Operating Leases Right-of-use Assets and Operating Lease Obligations
Use of Estimates	Use of Estimates
Income Taxes	Income Taxes The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating losses and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets and liabilities are expected to be realized or settled. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.

REVENUE AND ACCOUNTS RECEIVAB_2

REVENUE AND ACCOUNTS RECEIVABLE (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	Disaggregation of Revenue For the Three Months Ended For the Nine Months Ended September 30, September 30, 2021 2020 2021 2020 Point in Time $ 69,988 $ 111,557 $ 366,773 $ 444,322 Over Time 8,011 68 25,602 68 $ 77,999 $ 111,625 $ 392,375 $ 444,390
Contract Assets and Liabilities	Contract Assets and Liabilities September 30, December 31, 2021 2020 Contract Liability $ (8,737 ) $ (25,905 ) $ (8,737 ) $ (25,905 )

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Schedule of Property and Equipment September 30, December 31, 2021 2020 Telecommunication equipment and computers $ 1,267,497 $ 1,267,497 Less: accumulated depreciation (1,140,429 ) (1,092,533 ) Property and equipment, net $ 127,068 $ 174,964

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Schedule of debt	Schedule of debt September 30, December 31, 2021 2020 Various promissory notes payable to due to shareholder, all carry simple interest of 7% per annum, due at various times between August 2022 and March 2023 $ 250,000 $ – Notes payable to a financial institution, interest rates of 4.7% per annum, with the equipment purchased pledged as collateral and varying due dates through November 2024 91,533 – $625,000 of 7% unsecured note payable due February 2022, net of unamortized discount of $-0- and $38,048, respectively 625,000 586,952 $ 975,833 $ 586,952
Schedule of long term debt maturities	Schedule of long term debt maturities 12 Month Period Ending September 30, 2022 $ 759,275 2023 179,534 2024 27,724 Total future payments 966,533 Less: discount – Total debt $ 966,533

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2021
Leases
Minimum Lease Payments	Minimum Lease Payments 2021 $ 18,915 2022 12,815 2023 2,875 Total minimum lease payments 34,605 Less: imputed interest (1,532 ) Present value of minimum lease payments $ 33,073 Less: current portion of lease obligation 18,915 Long-term lease obligation $ 14,158

WARRANTS (Tables)

WARRANTS (Tables)	9 Months Ended
	Sep. 30, 2021
Warrants
Schedule of warrant activity	Schedule of warrant activity # of Warrants Balance, December 31, 2020 2,388,675 Warrants granted 146,605 Warrants exercised (44,206 ) Warrants expired – Balance, September 30, 2021 2,491,074 Exercisable, September 30, 2021 2,491,074

PRIOR PERIOD MISSTATEMENTS (Tab

PRIOR PERIOD MISSTATEMENTS (Tables)	9 Months Ended
	Sep. 30, 2021
Prior Period Misstatements
Scheduled of condensed consolidated statement of operations	Scheduled of condensed consolidated statement of operations 2020 Statement of Operations Impact For the Three Months Ended September 30, 2020 Adjustment for Error Correction As Revised Revenues $ 111,625 $ – $ 111,625 Cost of sales 50,340 – 50,340 Selling, general and administrative 472,464 (3) (10,469 ) 461,995 Depreciation and amortization 9,229 (3) 8,078 17,307 Research and development 5,852 – 5,852 Other expense 23,608 (3) 2,094 25,702 Net loss $ (449,868 ) $ 297 $ (449,571 ) For the Nine Months Ended September 30, 2020 Adjustment for Error Correction As Revised Revenues $ 444,390 $ – $ 444,390 Cost of sales 361,087 – 361,087 Selling, general and administrative 1,675,332 (1/3) 17,767 1,693,099 Depreciation and amortization 28,808 (3) 24,234 53,042 Research and development 10,577 – 10,577 Other expense 54,269 (3) 6,282 60,551 Net loss $ (1,685,683 ) $ (48,283 ) $ (1,733,966 ) December 31, 2020 Balance Sheet Impact As Previously Adjustment for As Reported Error Correction Revised Assets Accounts Receivable $ 42,311 (2) $ 17,041 $ 59,352 Other current assets 599,684 – 599,684 Other assets 117,169 – 117,169 Fixed Assets 55,184 (3) 119,780 174,964 Total Assets 814,348 136,821 951,169 Liabilities Current liabilities $ 1,809,965 (3) $ 33,502 $ 1,843,467 Note payables – (3) 82,383 82,383 Other liabilities 27,274 – 27,274 Total liabilities 1,837,239 115,885 1,953,124 Stockholders' deficit Accumulated deficit (22,092,678 ) (2)/(3) 20,936 (22,071,742 ) Total Stockholders' deficit $ (1,022,891 ) $ 20,936 $ (1,001,955 )

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Allowance for doubtful accounts	$ 0	$ 0

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 23,515,665	$ 22,071,742

REVENUE AND ACCOUNTS RECEIVAB_3

REVENUE AND ACCOUNTS RECEIVABLE (Details - Disaggregation of Revenue) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Revenue	$ 77,999	$ 111,625	$ 392,375	$ 444,390
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenue	69,988	111,557	366,773	444,322
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 8,011	$ 68	$ 25,602	$ 68

REVENUE AND ACCOUNTS RECEIVAB_4

REVENUE AND ACCOUNTS RECEIVABLE (Details - Contract Assets and Liabilities) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Contract Liability	$ (8,737)	$ (25,905)

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Telecommunication equipment and computers	$ 1,267,497	$ 1,267,497
Less: accumulated depreciation	(1,140,429)	(1,092,533)
Property and equipment, net	$ 127,068	$ 174,964

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation	$ 12,351	$ 17,307	$ 46,932	$ 53,042

DEBT (Details - Debt)

DEBT (Details - Debt) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Short-term Debt [Line Items]
Debt outstanding	$ 975,833	$ 586,952
Unsecured Note Payable 1 [Member]
Short-term Debt [Line Items]
Debt outstanding	250,000	0
Unsecured Note Payable 2 [Member]
Short-term Debt [Line Items]
Debt outstanding	91,533	0
Unsecured Note Payable 3 [Member]
Short-term Debt [Line Items]
Debt outstanding	$ 625,000	$ 586,952

DEBT (Details - Debt maturity)

DEBT (Details - Debt maturity)	Sep. 30, 2021USD ($)
Debt Disclosure [Abstract]
Future maturity of debt due 2022	$ 759,275
Future maturity of debt due 2023	179,534
Future maturity of debt due 2024	27,724
Total future payments	966,533
Less: discount	0
Total debt	$ 966,533

DEBT (Details Narrative)

DEBT (Details Narrative) - USD ($)	2 Months Ended	9 Months Ended
	Feb. 25, 2020	Sep. 30, 2021	Sep. 30, 2020	Aug. 31, 2021	Jul. 18, 2021	Jun. 18, 2021	Feb. 29, 2020
Debt Instrument [Line Items]
Amortization of warrant discount		$ 38,048	$ 28,788
Feb 2020 Note [Member]
Debt Instrument [Line Items]
Debt face amount							$ 625,000
Debt stated interest rate							7.00%
Warrants issued with debt, shares							62,500
Warrants issued with debt, value							$ 80,053
Amortization of warrant discount	$ 9,910
Maturity date	Feb. 13, 2022
Ppp Loan [Member]
Debt Instrument [Line Items]
Debt face amount		$ 160,073
Promissory Note [Member]
Debt Instrument [Line Items]
Debt stated interest rate					7.00%
Advanced						$ 100,000
First Promissory Note [Member]
Debt Instrument [Line Items]
Advanced				$ 100,000
Second Promissory Note [Member]
Debt Instrument [Line Items]
Debt stated interest rate		7.00%
Advanced		$ 50,000

REPURCHASE AGREEMENT (Details N

REPURCHASE AGREEMENT (Details Narrative)	9 Months Ended
	Sep. 30, 2021USD ($)
Repurchase Agreement
Reduction in paid-in-capital for repurchase	$ 80,000

LEASES (Details)

LEASES (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Leases
2021	$ 18,915
2022	12,815
2023	2,875
Total minimum lease payments	34,605
Less: imputed interest	(1,532)
Present value of minimum lease payments	33,073
Less: current portion of lease obligation	(18,915)	$ (71,256)
Long-term lease obligation	$ 14,158	$ 27,274

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Leases
Operating lease expense	$ 25,710	$ 24,474	$ 83,888	$ 115,363
Operating lease weighted average remaining lease term	1 year 9 months 18 days		1 year 9 months 18 days
Weighted average discount rate	5.50%		5.50%

WARRANTS (Details)

WARRANTS (Details) - shares	1 Months Ended		9 Months Ended
	Mar. 31, 2021	Feb. 28, 2021	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of warrants exercised	(200)	(15,000)
Number of warrants outstanding, ending balance			2,491,074
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of warrants outstanding, beginning balance			2,388,675
Number of warrants granted			146,605
Number of warrants exercised			(44,206)
Number of warrants expired			0
Number of warrants outstanding, ending balance			2,491,074
Number of warrants exercisable			2,491,074

WARRANTS (Details Narrative)

WARRANTS (Details Narrative) - USD ($)	Jan. 07, 2021	Sep. 30, 2021	Aug. 31, 2021	Jul. 31, 2021	May 31, 2021	Apr. 30, 2021	Mar. 31, 2021	Feb. 28, 2021	Jan. 31, 2021	Mar. 31, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants outstanding		2,491,074									2,491,074
Proceeds from warrants exercised							$ 1,000	$ 75,000			$ 221,030	$ 2,500
Three Investors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from warrants exercised					$ 100,000	$ 45,030
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants outstanding		2,491,074									2,491,074		2,388,675
Warrants exercisable		2,491,074									2,491,074
Number of warrants granted											146,605
Warrant [Member] | $1.00 Price [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants exercisable													2,000,000
Warrant Exercise price													$ 1
Warrant [Member] | $5.00 Price [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants exercisable													268,019
Warrant Exercise price													$ 5
Warrant [Member] | Greater than $5.00 or other [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants exercisable													223,055
Warrant Exercise price													$ 5
Common Stock Purchase Warrants [Member] | Three Consultants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of warrants granted	56,592
Fair value of warrants granted	$ 51,344
Common Stock Purchase Warrants [Member] | Three Investors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of warrants granted					5,000	2,252			24,211
Adjustments to Additional Paid in Capital, Warrant Issued		$ 15,836			$ 7,335	$ 3,394			$ 22,173
Warrants exercised		16,000			20,000	9,006
Proceeds from warrants exercised					$ 100,000	$ 45,030
Common Stock Purchase Warrants [Member] | Two Investors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of warrants granted								9,375		3,800
Adjustments to Additional Paid in Capital, Warrant Issued			$ 7,560					$ 7,005
Warrants exercised			9,375							15,200
Common Stock Purchase Warrants [Member] | Two Investor [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of warrants granted								3,750
Adjustments to Additional Paid in Capital, Warrant Issued								$ 5,969
Common Stock Purchase Warrants [Member] | One Investor [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of warrants granted							50
Adjustments to Additional Paid in Capital, Warrant Issued							$ 78
Common Stock Purchase Warrants [Member] | Four Investors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjustments to Additional Paid in Capital, Warrant Issued				$ 27,159
Warrants exercised				20,000

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)

Jun. 14, 2021

Sep. 30, 2021

Aug. 31, 2021

Jul. 31, 2021

May 31, 2021

Apr. 30, 2021

Mar. 31, 2021

Feb. 28, 2021

Jan. 31, 2021

Mar. 31, 2021

Sep. 30, 2021

Sep. 30, 2020

Class of Stock [Line Items]

Stock issued for cash, shares

24,211

Warrants exercised

200

15,000

Proceeds from warrants exercised

$ 1,000

$ 75,000

$ 221,030

$ 2,500

Eight Shareholders [Member] | Series B Preferred Stock [Member]

Class of Stock [Line Items]

Stock converted, shares converted

461,270

Two Investors [Member]

Class of Stock [Line Items]

Stock issued for cash, shares

9,375

9,375

Three Investors [Member]

Class of Stock [Line Items]

Stock issued for cash, shares

16,000

Warrants exercised

20,000

9,006

Proceeds from warrants exercised

$ 100,000

$ 45,030

Two Shareholders [Member] | Series B Preferred Stock [Member]

Class of Stock [Line Items]

Stock converted, shares converted

30,000

25,280

One Shareholder [Member] | Series B Preferred Stock [Member]

Class of Stock [Line Items]

Stock converted, shares converted

40,000

10,000

30,000

Four Investors [Member]

Class of Stock [Line Items]

Stock issued for cash, shares

20,000

Individual Counterparty [Member]

Class of Stock [Line Items]

Stock Issued During Period, Shares, Issued for Services

400

Common Stock [Member] | Eight Shareholders [Member]

Class of Stock [Line Items]

Stock converted, shares issued

461,270

Common Stock [Member] | Two Shareholders [Member]

Class of Stock [Line Items]

Stock converted, shares issued

30,000

25,280

Common Stock [Member] | One Shareholder [Member]

Class of Stock [Line Items]

Stock converted, shares issued

10,000

30,000

Treasury Stock [Member]

Class of Stock [Line Items]

Stock cancelled

24,134,448

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Related Party Transaction [Line Items]
Accounts payable - related parties	$ 172,014		$ 107,084
Richardson And Associates [Member]
Related Party Transaction [Line Items]
Accounts payable - related parties	172,014		$ 107,084
Related party expenses	$ 106,870	$ 47,285

CONCENTRATION (Details Narrativ

CONCENTRATION (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Concentration Risk [Line Items]
Revenues	$ 77,999	$ 111,625	$ 392,375	$ 444,390
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Concentration Risk [Line Items]
Revenues			$ 272,843	$ 365,692
Concentration risk percentage			70.00%	82.00%

PRIOR PERIOD MISSTATEMENTS (Det

PRIOR PERIOD MISSTATEMENTS (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Revenues								$ 444,390
Cost of sales								361,087
Selling, general and administrative	$ 552,415			$ 461,995			$ 1,478,420	1,693,099
Depreciation and amortization								53,042
Research and development	19,555			5,852			40,953	10,577
Other expense								60,551
Net loss	(433,027)	$ (446,256)	$ (564,640)	(449,571)	$ (361,344)	$ (923,051)	(1,422,987)	(1,733,966)
Assets
Accounts Receivable	69,455						69,455		$ 59,352
Fixed Assets	127,068						127,068		174,964
Total Assets	398,371						398,371		951,169
Liabilities
Current liabilities	2,057,934						2,057,934		1,843,467
Note payables	34,275						34,275		33,502
Total liabilities	2,279,350						2,279,350		1,953,124
Stockholders' deficit
Accumulated deficit	(23,515,665)						(23,515,665)		(22,071,742)
Total Stockholders' deficit	(1,880,979)	$ (1,676,827)	$ (1,386,329)	$ (1,436,648)	$ (1,207,932)	$ (766,588)	$ (1,880,979)	(1,436,648)	(1,001,955)	$ (165,515)
Previously Reported [Member]
Revenues	111,625							444,390
Cost of sales	50,340							361,087
Selling, general and administrative	472,464							1,675,332
Depreciation and amortization	9,229							28,808
Research and development	5,852							10,577
Other expense	23,608							54,269
Net loss	(449,868)							(1,685,683)
Assets
Accounts Receivable									42,311
Other current assets									599,684
Other assets									117,169
Fixed Assets									55,184
Total Assets									814,348
Liabilities
Current liabilities									1,809,965
Note payables									0
Other liabilities									27,274
Total liabilities									1,837,239
Stockholders' deficit
Accumulated deficit									(22,092,678)
Total Stockholders' deficit									(1,022,891)
Revision of Prior Period, Adjustment [Member]
Revenues	0							0
Cost of sales	0							0
Selling, general and administrative	(10,469)							17,767
Depreciation and amortization	8,078							24,234
Research and development	0							0
Other expense	2,094							6,282
Net loss	297							$ (48,283)
Assets
Accounts Receivable									17,041
Other current assets									0
Other assets									0
Fixed Assets									119,780
Total Assets									136,821
Liabilities
Current liabilities									33,502
Note payables									82,383
Other liabilities									0
Total liabilities									115,885
Stockholders' deficit
Accumulated deficit									20,936
Total Stockholders' deficit									20,936
As Restated [Member]
Revenues	111,625
Cost of sales	50,340
Selling, general and administrative	461,995
Depreciation and amortization	17,307
Research and development	5,852
Other expense	25,702
Net loss	$ (449,571)
Assets
Accounts Receivable									59,352
Other current assets									599,684
Other assets									117,169
Fixed Assets									174,964
Total Assets									951,169
Liabilities
Current liabilities									1,843,467
Note payables									82,383
Other liabilities									27,274
Total liabilities									1,953,124
Stockholders' deficit
Accumulated deficit									(22,071,742)
Total Stockholders' deficit									$ (1,001,955)

PRIOR PERIOD MISSTATEMENTS (D_2

PRIOR PERIOD MISSTATEMENTS (Details Narrative)	9 Months Ended
	Sep. 30, 2020USD ($)
Prior Period Misstatements
Understatement of expenses	$ 49,174
Understatement of accounts receivable and revenue	17,041
[custom:DecreaseToNetCashUsedInOperatingActivities]	$ 25,125