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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Inventories

 

 

 

December 31,

2020

 

 

December 31,

2019

 

Raw Material

 

$

13,631

 

 

$

13,631

 

Finished Goods

 

 

47,184

 

 

 

47,184

 

 

 

$

60,815

 

 

$

60,815

 

Schedule of depreciation

Equipment

 

5 Years

 

Furniture and Fixtures

 

7 Years

 

Forklift

 

3 Years

 

 

 

 

December 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Furniture and Equipment

 

$ 216,398

 

 

$ 218,315

 

Forklift

 

 

20,433

 

 

 

20,433

 

 

 

 

236,681

 

 

 

238,748

 

Less accumulated depreciation

 

 

(73,738 )

 

 

(25,711 )

 

 

$ 163,093

 

 

$ 213,037

 

Schedule of amortization for the intangible assets

 

 

December 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Patent

 

$ 12,406

 

 

$ 9,233

 

Websites

 

 

10,690

 

 

 

10,690

 

Royalties

 

 

125,000

 

 

 

50,000

 

 

 

 

148,096

 

 

 

69,923

 

Less accumulated amortization

 

 

(18,634 )

 

 

(639

 

 

 

$ 129,462

 

 

$ 69,284

 

Schedule of fair value measurements

December 31, 2020

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Liabilities

 

$ -

 

 

$ -

 

 

$ 620,149

 

 

$ 620,149

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Liabilities

 

$ -

 

 

$ -

 

 

$ 989,813

 

 

$ 989,813