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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (3,664,851) $ (2,365,671)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 148,655 65,052
Gain on investment in Allied Esports Entertainment, Inc. 0 (133,944)
Gain on early extinguishment of debt 0 (113,772)
Common stock issued to officers and directors for services 24,998 427,750
Common stock awarded to advisors and consultants for services 30,000 20,000
Amortization of stock options 520,633 261,465
Amortization of stock warrants issued as a debt discount 321,798 0
Decrease (increase) in current assets:    
Accounts receivable (181,699) (1,074)
Prepaid expenses (28,884) 14,218
Inventory (394,062) (717,403)
Security deposits (14,000) 0
Right-of-use asset 33,457 32,275
Increase (decrease) in current liabilities:    
Accounts payable 766,089 (160,585)
Accrued expenses 185,545 (74,100)
Lease liabilities (22,040) (19,052)
Net cash used in operating activities (2,274,361) (2,764,841)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds received from sale of investment in Allied Esports Entertainment, Inc. securities 0 414,361
Purchase of property and equipment (124,384) (805,004)
Cash paid for construction in progress (1,884,720) 0
Cash paid for intangible assets (5,929) 0
Net cash used in investing activities (2,015,033) (390,643)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds received from notes payable, related parties 3,120,000 0
Proceeds received from notes payable 580,000 0
Proceeds received from the sale of common stock 0 4,997,136
Net cash provided by financing activities 3,700,000 4,997,136
NET CHANGE IN CASH AND CASH EQUIVALENTS (589,394) 1,841,652
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 3,345,928 1,912,729
CASH AND CASH EQUIVALENTS AT END OF PERIOD 2,756,534 3,754,381
SUPPLEMENTAL INFORMATION:    
Interest paid 43,606 0
Income taxes paid 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Value of debt discounts attributable to warrants $ 2,694,014 $ 0