v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (800,438) $ (1,851,748)
Adjustments to reconcile net loss to net cash (used in) operating activities:    
Stock based compensation 6,024 (2,480)
Common stock issued for service 33,000 66,000
Depreciation of fixed assets 12,771 13,318
Amortization of debt discounts 7,500 152,047
Allowance for inventory obsolescence (149,171) 27,432
Loss on settlement of debt 47,241 40,166
Lease expense 10,645 15,031
Credit loss expense 710 (10,041)
Gain on revaluation of fair value of derivative and warrant liabilities (29,936)
Loss on revaluation of fair value of convertible notes 79,078
Changes in operating assets and liabilities:    
Accounts receivables 22,819 15,373
Inventories 160,965 171,333
Other current assets 32,752 544,222
Right of use liability (10,645) (15,031)
Other assets 3,246 (20,000)
Accounts payable and accruals 190,030 449,113
Accrued compensation 270,000 270,000
Customer refunds (23,044)
Other current liabilities (12,472)
Net Cash (Used in) Operating Activities (95,945) (188,245)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of fixed assets (9,914)
Net Cash (Used in) Investing Activities (9,914)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from common stock offering 19,950
Proceeds from short-term loan 550,000
Proceeds from convertible debt 50,000
Repayments of short-term loan 5,318 (560,788)
Net Cash Provided by Financing Activities 55,318 9,162
Effect of Exchange Rate Changes on Cash 37,310 (91,881)
NET INCREASE IN CASH AND CASH EQUIVALENTS (3,317) (280,878)
CASH AND CASH EQUIVALENTS – BEGINNING OF PERIOD 14,436 326,854
CASH AND CASH EQUIVALENTS – END OF PERIOD 11,119 45,976
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest 8,038 113,729
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Common stock issued for partial settlement of note payable 106,825 147,821
Common stock issued for loan commitment fees
Derivative liability recognized on issuance of convertible note
Common stock issued for directors stock compensation 540,000 540,000
Stock compensation reclassified to related party receivable $ 60,000