Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Revenue $ 789,400 $ 1,631,413
Revenue - related parties 619,324 175,769
Total Revenue 1,408,724 1,807,182
Cost of revenue 1,775,299 1,786,410
Gross profit (loss) (366,575) 20,772
Operating expenses    
Payroll expenses 1,503,236 905,012
Sales and marketing expenses 71,111 711,111
Lease Expense 253,311 159,122
Depreciation expense 34,767 41,521
Professional fees 335,604 19,216
General and administrative expense 948,928 274,654
Total operating expenses 3,146,957 1,553,909
Net loss from operations (3,513,532) (1,533,137)
Other income (expense)    
Other income 10,000
Other expense (504) (1,500)
Interest expense (42,882) (18,269)
Interest expense – related party (54,145)
Gain on forgiveness of PPP loan 633,830
Finance expense (768,905)
Total other income (expense) (232,606) (9,769)
Loss before income taxes (3,746,138) (1,542,906)
Provision for income taxes
Net loss $ (3,746,138) $ (1,542,906)
Basic and diluted loss per Common Share $ (0.34) $ (0.15)
Basic and diluted weighted average number of common shares outstanding 11,161,181 10,000,000