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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Product sales $ 223,188 $ 1,853,996 $ 618,187 $ 2,811,562
Product sales, related parties 13,760 5,000 20,319 6,000
Manufacturing service revenue 1,386 13,995 13,438 26,595
Kiosk revenue 16,267 2,066 17,017 2,066
Total Revenues 254,601 1,875,057 678,961 2,846,223
Cost of Sales        
Cost of sales 417,632 1,398,028 877,891 2,197,034
Cost of sales, related parties 14,423 0 75,885 0
Total Cost of Sales 432,055 1,398,028 953,776 2,197,034
Gross Profit (Loss) from Operations (177,454) 477,029 (274,815) 649,189
Operating Expenses        
General and administrative 947,461 235,924 1,684,636 966,999
General and administrative, related parties 53,414 45,000 268,697 150,000
Sales and marketing 229,759 287,866 409,588 484,110
Sales and marketing, related parties 27,491 0 50,087 0
Expensing of related party advances and loans 195,775 0 1,320,775 0
Total Operating Expenses 1,453,900 568,790 3,733,783 1,601,109
Net Operating Loss (1,631,354) (91,761) (4,008,598) (951,920)
Other Income (Expense)        
Interest expense, net 20,034 (5,799) 18,746 (9,396)
Other income & expense 0 210 (52) (13,250)
Total Other Income (Expense) 20,034 (5,589) 18,694 (22,646)
Net Loss (1,611,320) (97,350) (3,989,904) (974,566)
Net Loss Attributable to Non-Controlling Interests 34,911 1,350 47,894 1,583
Net Loss Attributable to Hempacco Co., Inc. $ (1,576,409) $ (96,000) $ (3,942,010) $ (972,983)
Basic and Dilutive Earnings per Share $ (0.06) $ (0.00) $ (0.15) $ (0.05)
Shares Used in Calculating Earnings per Share 28,312,275 19,899,969 27,093,163 19,798,315