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Unaudited Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (2,307,156) $ (2,257,806)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation 250,000
Operating lease 12,367 27,222
Depreciation 172,710 135,398
Changes in operating assets and liabilities:    
Accounts receivable (10,287) (1,505)
Inventories (82,873) 7,501
Prepaid expense and other current assets (569,062) (806,473)
Accounts payable (165,317) 206,102
Accrued expenses and current liabilities 53,907 156,460
Net cash used in operating activities (2,895,711) (2,283,101)
Cash flows from investing activities:    
Purchases of property and equipment (641,060) (4,417,782)
Net cash used in investing activities (641,060) (4,417,782)
Cash flows from financing activities:    
Proceeds from line of credit 4,000,000 974,027
Proceeds from loan payable to shareholders
Proceeds from loan payable to financial institutions 183,748 218,864
Repayments of borrowings from shareholder (100,000)
Proceeds from loan payable, mortgage 2,850,000
Repayment of loan payable to financial institutions (70,675) (23,551)
Repayment of loan payable, PPP (23,552)
Net cash provided by financing activities 3,989,521 4,019,340
Net (decrease) increase in cash 452,750 (2,681,543)
Cash at beginning of period 164,301 3,019,035
Cash at end of period 617,051 337,492
Supplemental disclosures of non-cash financing activities:    
Issuance of common shares for compensation 250,000
Supplemental disclosure of cash flow information:    
Lease liabilities 704,608 546,389
Interest $ 142,312 $ 106,435