v3.24.1.1.u2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 78,836 $ 428,254
Accounts receivable, net 84,164 164,398
Inventory 407,357 282,071
Other receivables 0 20,519
Prepaid expenses 110,236 96,301
Marketable equity securities 35,260 36,735
Total Current Assets 715,853 1,028,278
Property and equipment, net 4,049,652 4,080,663
Operating lease right-of-use asset 176,038 201,048
Deposits 23,655 24,135
Total Assets 4,965,198 5,334,124
Current Liabilities:    
Accounts payable and accrued liabilities 748,023 482,523
Related party loan 1,300,000 1,000,000
Short-term loan 250,000 0
Other current liabilities 153,908 84,951
Lease liability, current portion 96,517 90,172
Total Current Liabilities 2,548,448 1,657,646
Non-Current Liabilities:    
Lease liability, less current portion 43,470 118,517
Other liability 12,335 12,335
Total Non-Current Liabilities 55,805 130,852
Total Liabilities 2,604,253 1,788,498
Contingencies
Stockholders' Equity:    
Common stock, par value $0.001 per share, 75,000,000 shares authorized; 64,771,817 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 64,771 64,771
Treasury stock at cost (1,163,040 shares held at March 31, 2024 and December 31, 2023, respectively) (434,048) (434,048)
Additional paid-in capital 26,473,156 26,436,161
Shares to be issued, common shares 169,386 74,476
Accumulated deficit (23,897,767) (22,582,170)
Accumulated other comprehensive loss (14,553) (13,564)
Total Stockholders' Equity 2,360,945 3,545,626
Total Liabilities and Stockholders' Equity $ 4,965,198 $ 5,334,124

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