XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 262,307 $ 1,277,492
Accounts receivable, net 26,421 1,481
Inventories 995,852 508,920
Prepaid expenses 214,005 500,748
Income tax refundable 284,873
Total Current Assets 1,498,585 2,573,514
Property and equipment, net 57,695 76,928
Operating lease- right of use asset, net 50,739 98,651
Deposit 24,039 11,148
Goodwill 1,312,482 1,312,482
Total Assets 2,943,540 4,072,723
Current Liabilities:    
Accounts payable and accrued liabilities 266,951 538,551
Notes payable related parties and accrued interest-current 712,323
Notes payable unrelated party and accrued interest-current 356,162
Operating lease- current portion 55,816 70,157
Total Current Liabilities 1,391,252 608,708
Long-Term Liabilities:    
Operating lease- long-term portion 37,533
Notes payable related parties and accrued interest, less current portion 408,384 1,030,340
Notes payable unrelated party and accrued interest, less current portion 204,192
Deferred tax liabilities -long-term 273,954 273,954
Total Long-Term Liabilities 886,530 1,341,827
Total Liabilities 2,277,782 1,950,535
Stockholders’ Equity:    
Common Stock, par value $.0001 per share, authorized 56,666,667 shares, issued and outstanding 48,826,864 shares at September 30, 2022 and 48,893,031 shares at December 31, 2021. 4,884 4,892
Additional paid-in capital 8,550,510 8,554,320
Accumulated deficit (7,889,638) (6,437,026)
Total Stockholders’ Equity 665,758 2,122,188
Total Liabilities and Stockholders ‘Equity 2,943,540 4,072,723
Series A Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred Stock, Series C, par value $1.00 per share, authorized 67 shares, issued and outstanding -0- shares
Series B Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred Stock, Series C, par value $1.00 per share, authorized 67 shares, issued and outstanding -0- shares 2 2
Total Stockholders’ Equity 2 2
Series C Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred Stock, Series C, par value $1.00 per share, authorized 67 shares, issued and outstanding -0- shares
Total Stockholders’ Equity