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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 4,036,530 $ 548,331
Accounts receivable 271,424 231,269
Accounts receivable, related parties 0 5,100
Inventory 812,648 645,132
Prepaid expenses and other current assets 414,030 442,366
Prepaid expenses, related parties 464,549 35,609
Total Current Assets 5,999,181 1,907,807
Property and equipment 7,228,761 7,220,565
Right of use asset, related party 324,403 351,146
Other intangible assets, net of amortization 0 2,661
Other assets 287,080 0
TOTAL ASSETS 13,839,425 9,482,179
Current Liabilities    
Accounts payable 234,287 335,605
Accounts payable, related parties 13,738 42,831
Accrued liabilities 22,861 0
Customer prepaid invoices and deposits 734,771 838,164
Notes payable, related parties 50,000 69,282
Convertible promissory notes payable 125,000 125,000
Other short term loans 138,252 0
Right of use liability, related party - current 111,300 109,552
Total Current Liabilities 1,430,209 1,520,434
Long Term Liabilities    
Long-term debt 0 142,770
Right of use liability, related party 229,847 258,776
Total Liabilities 1,660,056 1,921,980
Stockholders' Equity    
Preferred stock, $0.001 par value as of March 31, 2023 and December 31, 2022; 50,000,000 shares authorized as of March 31, 2023 and December 31, 2022, respectively 0 0
Common stock, $0.001 par value as of March 31, 2023 and December 31, 2022, respectively; 200,000,000 shares authorized as of March 31, 2023 and December 31, 2022, respectively. 28,281,505 and 23,436,505 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively. 28,281 23,436
Additional paid in capital 25,088,092 18,095,184
Accumulated deficit (12,828,648) (10,463,048)
Total Stockholders' Equity 12,287,725 7,655,572
Non-controlling interests (108,356) (95,373)
Total Equity Attributable to Hempacco Co., Inc. 12,179,369 7,560,199
LIABILITIES AND STOCKHOLDERS' EQUITY 13,839,425 9,482,179
Series A Preferred stock    
Stockholders' Equity    
Preferred stock, $0.001 par value as of March 31, 2023 and December 31, 2022; 50,000,000 shares authorized as of March 31, 2023 and December 31, 2022, respectively $ 0 $ 0