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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Revenues:            
Product sales $ 561,818 $ 275,769 $ 3,373,380 $ 542,728 $ 805,969 $ 135,867
Product sales - related parties 16,940 37,914 22,940 95,517 139,114 64,290
Manufacturing service 6,653 63,538 33,248 224,813    
Kiosk Revenues 6,824 0 8,890 0    
Consulting services - related parties 0 47,950 0 47,950    
White Label Production & Consulting         242,190 145,832
Total revenues 592,235 425,171 3,438,458 911,008 1,187,273 345,989
Cost of sales 598,627 315,281 2,795,661 613,784 850,901 899,699
Gross profit from operations (6,392) 109,890 642,797 297,224 336,372 (553,710)
General and administrative 791,562 107,891 1,758,561 736,812 981,676 303,682
General and administrative, related parties 45,000 283,973 195,000 403,973 469,259 420,000
Sales and marketing 200,976 31,815 685,086 96,638 542,680 27,597
Research and development 0 0 0 0 2,090 0
Total operating expenses 1,037,538 423,679 2,638,647 1,237,423 1,995,705 751,279
Operating loss (1,043,930) (313,789) (1,995,850) (940,199) (1,659,333) (1,304,989)
Other income (expense):            
Interest expense, net (3,684) (3,513) (13,080) (206,145) (209,676) (160,423)
Other expense, net (1,859) (50,001) (15,109) (50,359) (1,666) (32)
Income before income taxes (1,049,473) (367,303) (2,024,039) (1,196,703) (211,342) (160,455)
Provision for income taxes 0 0 0 0 0 0
Net loss (1,049,473) (367,303) (2,024,039) (1,196,703) (1,870,675) (1,465,444)
Net loss attributable to non-controlling interests (617) 0 (2,200) 0 14,250 0
Net loss attributable to Hempacco Co., Inc. (1,048,856) (367,303) (2,021,839) (1,196,703) (1,856,425) (1,465,444)
Dividends issued to preferred stockholders 0 0 0 757,479 (757,479) 0
Net loss attributable to common shareholders $ (1,048,856) $ (367,303) $ (2,021,839) $ (1,954,182) $ (2,613,904) $ (1,465,444)
Basic and dilutive earnings per share $ (0.05) $ (0.02) $ (0.10) $ (0.12) $ (0.18) $ (0.17)
Shares outstanding - basic and diluted: 21,689,509 18,395,532 20,421,159 16,072,448 14,641,224 8,440,466