v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 17,213 $ 15,346
Accounts receivable, net 140,626 396,855
Prepaid expenses 374,614 364,087
Inventory 855,326 893,061
Other receivables 217,499 234,770
Total current assets 1,605,278 1,904,119
Non-current assets:    
Deposits 48,922 48,922
Investment in Salt Tequila USA, LLC 250,000 250,000
Water rights 20,000,000
Right of use assets 201,916 351,336
Property and equipment, net 130,773 204,808
Total non-current assets 20,631,611 855,066
Total assets 22,236,889 2,759,185
Current liabilities    
Accounts payable and accrued expenses 7,043,118 5,232,241
Dividends payable 16,572
Right of use liability, current portion 190,224 305,167
Related party notes payable 389,000 389,000
Notes payable, net of discounts 3,592,462 9,632,505
Shareholder advances 0 200,000
Accrued interest payable 2,214,868 3,610,329
Total current liabilities 13,446,244 19,369,242
Long-term liabilities:    
Notes payable, net of discounts 52,534 1,971,095
Right of use liability – net of current portion 20,030 53,697
Total long-term liabilities 72,564 2,024,792
Total liabilities 13,518,808 21,394,034
Stockholders’ equity:    
Common Stock, $0.001 par, 7,500,000 shares authorized, 1,899,876 shares issued, 1,669,835 shares outstanding at June 30, 2025 and December 31, 2024 1,900 1,670
Additional paid in capital 176,673,136 137,114,578
Accumulated other comprehensive loss 35,278 81,180
Accumulated deficit (167,992,381) (155,832,277)
Total stockholders’ equity 8,718,081 (18,634,849)
Total liabilities and stockholders’ equity 22,236,889 2,759,185
Series A Preferred Stocks [Member]    
Stockholders’ equity:    
Preferred stock value 1
Series A 1 Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value 1
Series B Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value 126
Series C Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value $ 20