Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.23.3
Condensed Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 556,087 $ 2,845,931
Accounts Receivable, net 59,000 371,620
Inventory 775,066 950,943
Prepaid Assets 37,833 105,226
Total Current Assets 1,427,986 4,273,720
Other Assets:    
Property and Equipment, net 161,971 304,903
Intangible Assets, net 1,247,697 1,125,285
Total Other Assets 1,409,668 1,430,188
TOTAL ASSETS 2,837,654 5,703,908
Current Liabilities:    
Accounts Payable 607,212 277,492
Deferred Revenue 111,082 120,073
Accrued Expenses 145,306 231,633
Total Current Liabilities 863,600 629,198
TOTAL LIABILITIES 863,600 629,198
Commitments & Contingencies
Stockholders’ Equity    
Preferred Stock, $0.001 par value; 10,000,000 shares authorized; 316 and 465 shares issued and outstanding, respectively 1 1
Common Stock, $ 0.001 par value; 1,200,000 shares authorized; 651,536 and 524,940 shares issued and outstanding, respectively 652 525
Additional Paid-In Capital 55,380,026 54,416,668
Accumulated Deficit (53,406,625) (49,342,484)
Total Stockholders’ Equity 1,974,054 5,074,710
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,837,654 $ 5,703,908