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

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets:      
Cash $ 23,633 $ 8,356 $ 340,956
Inventories 50,000 50,000 50,000
Other current assets 55,162 11,942 2,075
Total current assets 128,795 70,298 393,031
Property and equipment, net 18,622 22,052 28,046
Intangible assets, net 300 2,100 5,700
Operating lease right-of-use assets, net 193,389 217,718 262,771
Other assets 20,711 20,711 20,711
Total assets 361,817 332,879 710,259
Current liabilities:      
Accounts payable 339,944 327,517 39,674
Accrued payroll and payroll taxes 186,402 30,124 1,072
Advance from shareholder 30,000  
Short-term convertible notes payable, less unamortized debt issuance costs of $421,235 and $642,660, respectively 2,630,281 1,636,656 647,202
Current portion of operating lease liabilities 57,049 53,200 46,091
Other current liabilities 2,261 1,197 179
Total current liabilities 3,245,937 2,048,694 734,218
Long-term liabilities:      
Operating lease liabilities, net of current portion 158,098 187,425 240,625
Total long-term liabilities 158,098 187,425 240,625
Total liabilities 3,404,035 2,236,119 974,843
Stockholders’ deficit:      
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 1,215 and none shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 44,231,402 and 38,263,813 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 4,423 3,826 3,730
Additional paid-in capital 6,213,095 5,288,510 3,997,445
Accumulated deficit (9,259,736) (7,195,576) (4,265,759)
Total stockholders’ deficit (3,042,218) (1,903,240) (264,584)
Total liabilities and stockholders’ deficit $ 361,817 $ 332,879 $ 710,259