v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 457,212 $ 287,546
Restricted cash 4,625,000
Accounts receivable, net 1,509,017 1,170,944
Prepaid expense 1,425,922 311,878
Inventory 3,626,301 4,555,311
Total Current Assets 11,643,452 6,325,679
Property and Equipment, net 268,613 274,216
OTHER ASSETS:    
Lease deposits and other 66,373 47,107
Right-of-use lease assets 2,627,644 2,909,213
Intangible assets, net 425,000 450,000
Total Other Assets 3,119,017 3,406,320
TOTAL ASSETS 15,031,082 10,006,215
CURRENT LIABILITIES:    
Accounts payable and other payables 3,049,994 3,193,022
Accrued expense and other 2,226,570 2,086,080
Accrued interest 540,431 1,259,922
Deferred revenue 332,194 286,716
Line of credit 1,642,129 1,992,129
Right-of-use lease liability, current 774,123 661,857
Total Current Liabilities 16,281,393 15,265,907
Right-of-use lease liability, long-term 1,877,580 2,372,190
TOTAL LIABILITIES 18,158,973 17,638,097
STOCKHOLDERS’ DEFICIT:    
Common Stock, $0.001 par value; 600,000,000 shares authorized; 6,863,269 and 76,516 issued and outstanding at June 30, 2025 and December 31, 2024, respectively 6,863 77
Additional paid in capital 85,148,156 57,453,843
Accumulated deficit (88,283,199) (65,086,200)
TOTAL STOCKHOLDERS’ DEFICIT (3,127,891) (7,631,882)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 15,031,082 10,006,215
Series A Preferred Stock [Member]    
STOCKHOLDERS’ DEFICIT:    
Preferred Shares, value 125 125
Series B Preferred Stock [Member]    
STOCKHOLDERS’ DEFICIT:    
Preferred Shares, value 75 75
Series D Preferred Stock [Member]    
STOCKHOLDERS’ DEFICIT:    
Preferred Shares, value 89 198
Officer [Member]    
CURRENT LIABILITIES:    
Loans 455,462 447,716
Nonrelated Party [Member]    
CURRENT LIABILITIES:    
Loans 6,860,490 4,938,465
Director [Member]    
CURRENT LIABILITIES:    
Loans $ 400,000 $ 400,000