v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 58,318 $ 5,802,216
Accounts receivables, net 414,062 417,605
Inventories 465,764 909,309
Prepaid expenses 65,696
Net assets held for sale 41,107
Total current assets 1,003,840 7,170,237
Non-Current Assets:    
Property and equipment, net 31,642 32,256
Other assets 10,985 78,965
Operating lease right-of-use asset 22,931 91,032
Total non-current assets 65,558 202,253
Total assets 1,069,398 7,372,490
Current Liabilities:    
Accounts payable and accrued expenses 7,420,943 7,639,915
Accrued interest 797,902 344,475
Royalty payable 1,494,228 1,114,403
Refunds and chargeback payable 316,998 332,218
Convertible note payables 9,675,000 9,175,000
Current portion of operating lease liabilities 23,222 92,195
Net liabilities held for sale 32,851
Total current liabilities 24,794,721 24,475,096
Total liabilities 24,794,721 24,475,096
Commitments and contingencies
Stockholders’ deficit    
Common Stock- $0.0001 par value; 300,000,000 authorized shares; 3,977,497 shares and 3,929,834 shares issued and outstanding, respectively 399 394
Common stock issuable, 47,663 shares at December 31, 2022 693,311
Additional paid-in-capital 4,793,068 2,966,162
Accumulated deficit (28,518,840) (20,762,523)
Total stockholders’ deficit (23,725,323) (17,102,606)
Total liabilities and stockholders’ deficit 1,069,398 7,372,490
Preferred Class A [Member]    
Stockholders’ deficit    
Preferred Stock A - $0.0001 par value; 30,000,000 authorized shares; 500,000 shares issued and outstanding 50 50
Nonrelated Party [Member]    
Current Liabilities:    
Notes payable 35,000 35,000
Majority Shareholder [Member]    
Current Liabilities:    
Notes payable 4,862,028 4,462,028
Related Party [Member]    
Current Liabilities:    
Notes payable $ 169,400 $ 1,247,011