XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash $ 215,910 $ 759,791
Accounts receivable, net 2,500 2,000
Prepaid expenses 30,804 18,586
Other current assets 15,949 15,949
Total current assets 265,163 796,326
Property and equipment, net 211,859 235,176
Right of use assets 599,788 98,093
TOTAL ASSETS 1,076,810 1,129,595
Current liabilities    
Accounts payable and accrued expenses 535,286 335,037
Related party payables 264,180 179,769
Deferred revenue 178,000 209,000
Debt, current portion 3,767 44,156
Debt, related parties 1,315,725 1,065,725
Convertible notes, net of debt discount 9,035,638 5,075,840
Lease liability, current portion 82,701 99,003
Total current liabilities 11,415,297 7,008,530
Debt, net of current portion 44,000 44,000
Lease liability, net of current portion 529,086
Total liabilities 11,988,383 7,052,530
Stockholders’ deficit    
Common stock, $0.001 par, 500,000,000 shares authorized, 27,802,050 and 25,177,973 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 27,802 25,178
Additional paid in capital 12,233,626 10,784,308
Accumulated deficit (22,516,357) (16,092,531)
Total GZ6G Technologies Corp stockholders’ deficit (10,234,929) (5,263,045)
Non-controlling interest (676,644) (659,890)
Total stockholders’ deficit (10,911,573) (5,922,935)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 1,076,810 1,129,595
Series A Preferred Stock [Member]    
Stockholders’ deficit    
Preferred Stock, Value, Issued 20,000 20,000
Series B Preferred Stock [Member]    
Stockholders’ deficit    
Preferred Stock, Value, Issued