XML 20 R2.htm IDEA: XBRL DOCUMENT v3.23.4
Consolidated Condensed Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Current Assets:      
Cash $ 2,218,540 $ 264,865 $ 115,399
Accounts Receivable 138,009 45,965 146,362
Prepaid and Other 5,939,927 200,967 225,869
Deferred Offering Costs 68,629  
Inventory, net (Note 3) 598,319 518,578 689,042
Total Current Assets 8,894,795 1,099,004 1,176,672
Property and Equipment, net (Note 4) 3,836 21,300 48,948
Right of Use Asset (Note 12) 26,534 12,647 58,667
Intangible Assets, net (Note 5) 225,047 164,255 109,240
Total Other Assets 251,581 176,902 167,907
Total Assets 9,150,212 1,297,206 1,393,527
Current Liabilities:      
Accounts Payable and Accrued Expenses 271,602 758,668 588,678
Lease Liability (Note 12) 26,800 13,000 46,795
Deferred Compensation (Note 7) 325,000
Related Party Notes, net (including accrued interest) (Note 8) 195,097
Debenture (Note 8) 4,276,609
SBA EIDL (including accrued interest) (Note 8) 8,772 2,750
Promissory Notes (including accrued interest) (Note 8) 16,855,887
Derivative Liabilities (Note 9) 2,174,194 1,129,840
Derivative Liabilities - Related Parties (Note 9) 364,360
Total Current Liabilities: 2,481,368 23,921,211 635,473
Long-Term Liabilities:      
Deferred Compensation (Note 7) 255,000 154,743
Lease Liability (Note 11) 13,000
Debenture (Note 8)   3,388,570
SBA EIDL (including accrued interest) (Note 8) 152,594 160,272 159,161
Promissory Notes (including accrued interest) (Note 8) 1,109,783 15,197,064
Total Long-Term Liabilities 152,594 1,525,055 18,912,538
Total Liabilities 2,633,962 25,446,266 19,548,011
Commitments and Contingencies (Note 12)  
SHAREHOLDERS’ EQUITY (DEFICIT):      
Members’ Capital   4,979,365
Preferred stock value 9,858,040
Additional Paid-in Capital 27,182,915 5,164,461
Accumulated Other Comprehensive Income 81,386 73,708 75,835
Accumulated Deficit (30,568,566) (28,815,148) (22,633,428)
60P Shareholders’ Equity (Deficit): 6,554,355 (23,576,740) (17,578,228)
Noncontrolling interest (38,105) (572,320) (576,256)
Total Shareholders’ Equity (Deficit) 6,516,250 (24,149,060) (18,154,484)
Total Liabilities and Shareholders’ Equity (Deficit) 9,150,212 1,297,206 1,393,527
Class A Common Stock      
SHAREHOLDERS’ EQUITY (DEFICIT):      
Common stock value $ 580 $ 239