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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 213,805 $ 1,908
Accounts receivable 164,407 0
Prepaid expenses and other assets 18,694 0
Loan receivable from Emergence Global Enterprises Inc. - related party 0 17,901
Total current assets 396,906 19,809
Other assets    
Operating lease right-of-use assets 150,323 0
Other receivable 0 113,999
Note receivable - CEN Biotech Ukraine LLC - related party 44,859 44,859
Advances to CEN Biotech Ukraine LLC - related party 1,299,328 1,179,328
Property and equipment, net 103,825 0
Intangible assets, net 5,278,867 4,956,147
Goodwill 1,127,857 0
Total assets 8,401,965 6,314,142
Current liabilities    
Accounts payable 283,694 190,716
Accounts payable – related parties 61,651 8,347
Loans payable 1,986,670 527,379
Loans payable – related parties 2,701,452 1,363,354
Convertible notes payable 749,526 6,652,448
Convertible notes payable- related parties 1,036,434 2,558,681
Accrued interest 1,323,520 1,125,034
Accrued interest – related parties 1,804,448 1,615,880
Operating lease liabilities 94,439 22,895
Accrued expenses 829,266 641,023
Total current liabilities 10,871,100 14,705,757
Operating lease liabilities, less current portion 224,336 142,102
Patent acquisition liability 354,900 1,380,000
Convertible notes, less current portion 0 78,000
CEBA loan payable 31,396 0
Total liabilities 11,481,732 16,305,859
Shareholders’ deficit    
Common stock; unlimited authorized shares; 47,786,013 and 27,557,363 issued and outstanding as of September 30, 2021 and December 31, 2020, respectively. No par value. 0 0
Additional paid-in capital 40,860,279 17,068,810
Accumulated deficit (43,895,667) (27,060,527)
Accumulated other comprehensive loss (44,379) 0
Total shareholders’ deficit (3,079,767) (9,991,717)
Total liabilities and shareholders’ deficit $ 8,401,965 $ 6,314,142