XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 36 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net loss $ (924,050) $ (375,380) $ (6,546) $ (5,721) $ (1,299,430) $ (12,267)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Stock-based compensation         7,512 0  
Gain on settlement of accounts payable         (146,438) 0  
Depreciation of property and equipment 1,356   0   1,356 0  
Amortization of operating lease right of use assets         24,836  
Changes in operating assets and liabilities:              
Inventory         (238,172) 0  
Prepaid expenses and other current assets         (136,921) (1,500)  
Accounts payable         11,621 3,920  
Accrued liabilities         (26,667) 0  
Operating lease liabilities         (73,660) 0  
Net cash used in operating activities         1,875,963 9,847  
CASH FLOWS FROM INVESTING ACTIVITIES:              
Purchases of property and equipment         (51,535) 0  
Net cash used in investing activities         (51,535) 0  
CASH FLOWS FROM FINANCING ACTIVITIES:              
Net proceeds from issuance of common stock         3,957,757 0  
Net cash provided by financing activities         3,957,757 0 $ 1,900,000
NET DECREASE IN CASH AND CASH EQUIVALENTS         2,030,259 (9,847)  
Cash and cash equivalents, beginning of period   $ 1,414,569   $ 161,432 1,414,569 161,432  
Cash and cash equivalents, end of period $ 3,444,828   $ 151,585   3,444,828 151,585 $ 1,414,569
SUPPLEMENTAL INFORMATION              
Interest expense         324 0  
Income taxes         0 0  
NON-CASH INVESTING AND FINANCING TRANSACTIONS              
Issuance of options to settle accrued compensation liabilities         103,333 0  
ROU assets and lease liabilities established at inception of lease         $ 426,538 $ 0