XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net (Loss) $ (1,142,706) $ (964,264)
Adjustments to Reconcile net (loss) to Net Cash Used In Operating Activities:    
Stock for services and compensation 0 10,200
Amortization expense 1,012 1,012
Amortization of debt discount 8,775 0
Loss on settlement of debt 60,938 875
Stock issued for litigation settlement 462,500 0
Changes in assets and liabilities:    
Inventory 1,132  
Prepaid and other current assets 7,684 0
Accounts payable and accrued expenses 28,643 191,052
Accrued liabilities - related party 123,881 135,409
Accrued litigation settlement (100,000) 430,000
Net Cash Used In Operating Activities (548,141) (195,716)
Cash Flows from Investing Activities:    
Purchase of intangible assets 0 (40,500)
Net Cash Used in Investing Activities 0 (40,500)
Cash Flows from Financing Activities:    
Proceeds from related party 0 185,000
Repayments on loan payable (9,136) (14,920)
Proceeds from sale of common stock 575,855 77,292
Cash flow provided by financing activities 566,719 247,372
Increase in Cash and Cash Equivalents 18,578 11,156
Cash and Cash Equivalents - Beginning of period 13,377 21,799
CASH AND CASH EQUIVALENTS - END OF PERIOD 31,955 32,955
Supplemental cash flow information:    
Cash paid for interest 15 80
Cash paid for income taxes 0 0
Non-cash Investing & Financing Activities:    
Common stock issued to settle accrued liabilities - related party 127,500 0
Common stock issued for subscription receivable 71,717 0
Common stock issued to settle accrued liabilities 60,000 3,126
Accrued litigation settlement paid with loan payable 0 100,000
Amortization of deferred offering costs 55,371 0
Accounts payable and accrued expenses paid with promissory note payable $ 10,000 $ 0