General form of registration statement for all companies including face-amount certificate companies

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets:      
Cash $ 11,690 $ 8,356 $ 340,956
Inventories 50,000 50,000 50,000
Other current assets 56,373 11,942 2,075
Total current assets 118,063 70,298 393,031
Property and equipment, net 15,296 22,052 28,046
Intangible assets, net 2,100 5,700
Operating lease right-of-use assets, net 167,736 217,718 262,771
Other assets 20,711 20,711 20,711
Total assets 321,806 332,879 710,259
Current liabilities:      
Accounts payable 461,646 327,517 39,674
Accrued payroll and payroll taxes 791,754 30,124 1,072
Advance from shareholder 80,000  
Short-term convertible notes payable, less unamortized debt issuance costs of $297,337 and $642,660, respectively 2,210,299 1,636,656 647,202
Current portion of operating lease liabilities 61,123 53,200 46,091
Other current liabilities 3,182 1,197 179
Total current liabilities 3,608,004 2,048,694 734,218
Long-term liabilities:      
Operating lease liabilities, net of current portion 126,302 187,425 240,625
Total long-term liabilities 126,302 187,425 240,625
Total liabilities 3,734,306 2,236,119 974,843
Stockholders’ deficit:      
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 32 and no shares issued and outstanding at December 31, 2023 and 2022, respectively
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 1,288,415 and 956,595 shares issued and outstanding at December 31, 2023 and 2022, respectively 129 96 93
Additional paid-in capital 7,928,883 5,292,240 4,001,082
Accumulated deficit (11,341,512) (7,195,576) (4,265,759)
Total stockholders’ deficit (3,412,500) (1,903,240) (264,584)
Total liabilities and stockholders’ deficit $ 321,806 $ 332,879 $ 710,259