Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash $ 13,710,845 $ 20,162
Accounts receivable 130,856 166,450
Accounts receivable - related parties 443,282 175,769
Inventory 127,502 205,942
Prepaid and other current assets 1,595,099 14,294
Total current assets 16,007,584 582,617
Property and equipment, net 775,070 952,198
Operating lease right-of-use assets 504,811 297,555
Other 12,486 12,486
Total Assets 17,299,951 1,844,856
Current Liabilities    
Accounts payable and other current liabilities 1,845,460 260,191
Accounts payable and accrued interest - related party 588,797
Deferred revenue - related party 63,411
Due to shareholder 7,302,422
Notes payable 338,311
Notes payable - related party 1,000,000
Operating lease liability 261,674 121,613
Finance lease liability 50,927 73,184
Total Current Liabilities 3,810,269 8,095,721
Notes payable - non-current 1,120,051
Notes payable - related party - non-current 1,350,000
Operating lease liability - non-current 262,468 185,210
Finance lease liability - non-current 97,092 149,385
Total Liabilities 6,639,880 8,430,316
Commitments and Contingencies
Stockholders’ Equity (Deficit)    
Preferred Stock: 5,000,000 shares authorized; $0.0001 par value; no shares issued and outstanding
Common stock, value
Additional paid-in capital 26,074,292 5,083,280
Accumulated deficit (15,415,878) (11,669,740)
Total Stockholders’ Equity (Deficit) 10,660,071 (6,585,460)
Total Liabilities and Stockholders’ Equity (Deficit) 17,299,951 1,844,856
Common Class A [Member]    
Stockholders’ Equity (Deficit)    
Common stock, value 657
Common Class B [Member]    
Stockholders’ Equity (Deficit)    
Common stock, value $ 1,000 $ 1,000