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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 30,162 $ 709,322
Accounts receivable, net of allowance for doubtful accounts of $0 and $312,983 as of December 31, 2024 and, 2023, respectively (0) 701,377
Inventories, net 9,952,647
Prepaid expenses and other current assets 134,757 35,768
Total current assets 164,919 11,399,114
Equipment, net 119,871 432,505
Operating lease right-of-use assets 22,512
Intangible assets, net 33,247
Other assets 22,245 472,587
Total assets 307,035 12,359,965
Current liabilities    
Accounts payable 143,414 11,143,693
Accrued expenses 293,613 1,077,843
Current maturities of operating lease liabilities 22,512
Total current liabilities 437,027 12,244,048
Stockholders’ equity    
Preferred Stock, Authorized: 3,000,000 shares at $0.001 par value; issued and outstanding: 2,305,357 shares and 0 shares at December 31, 2024 and 2023, respectively. 1,639,779
Common Stock: Authorized: 60,000,000 shares at December 31, 2024 and 2023, at $0.01 par value; issued and outstanding: 3,713,792 shares and 2,789,020 shares at December 31, 2024 and 2023, respectively 490,145 480,897
Additional paid-in capital 94,433,140 92,103,798
Accumulated deficit (96,693,056) (92,468,778)
Total stockholders’ (deficit) equity (129,992) 115,917
Total liabilities and stockholders’ equity $ 307,035 $ 12,359,965