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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 109,825 $ 548,331
Trade receivables, net of impairment allowance 226,128 231,269
Trade receivables, related parties 0 5,100
Inventories 2,542,628 645,132
Deposits and prepayments 400,715 442,366
Deposits and prepayments, related parties 0 35,609
Total current assets 3,279,296 1,907,807
Property and equipment    
Leasehold Improvements 31,431 12,431
Furniture, Fixtures and Equipment 6,727,362 7,468,515
Accumulated Depreciation (1,358,003) (260,381)
Total property and equipment 5,400,790 7,220,565
Other Assets    
ROU operating lease, net of accumulated amortization: third party 6,305,016 0
ROU operating lease, net of accumulated amortization: related party 241,594 351,146
Goodwill 2,585,473 0
Other intangible assets, net of amortization 230,911 2,661
Total other assets 9,362,994 353,807
Total assets 18,043,080 9,482,179
Current liabilities:    
Accounts payable and accrued expenses 3,313,617 354,887
Accounts payable, related parties 34,921 42,831
Short term promissory notes and loans payable, related parties 1,767,845 50,000
Convertible promissory notes payable 5,231,582 125,000
Other short-term loans 236,173 0
Customer prepaid invoices and deposits: third party 1,749,362 838,164
Customer prepaid invoices and deposits: related party 0 0
ROU liability, current: third party 441,100 0
ROU liability, current: related party 116,804 109,552
Total current liabilities 12,891,404 1,520,434
Long term liabilities:    
Long-term debt 0 142,770
ROU liability, related party 124,790 258,776
ROU liability, non-related party 5,806,211 0
Total long term liabilities 5,931,001 401,546
Total liabilities 18,822,405 1,921,980
Stockholders equity (deficit):    
Preferred stock, $.001 par value; 5,000,000 shares authorized as of December 31, 2023 and 2022, respectively. 0 0
Common stock, $.001 par value; 20,000,000 shares authorized as of December 31, 2023, and 2022 respectively. 6,932,905 and 2,343,651 shares issued and 2,926,905 and 2,343,651 outstanding as of December 31, 2023, and 2022 respectively. 2,927 2,344
Additional paid in capital 23,217,927 18,116,276
Accumulated deficit (23,588,666) (10,463,048)
Total stockholders equity (deficit) (367,812) 7,655,572
Non-controlling interests (411,513) (95,373)
Total equity attributable to Hempacco Co., Inc. (779,325) 7,560,199
Total liabilities and stockholders equity (deficit) $ 18,043,080 $ 9,482,179