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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 580,230 $ 162,743
Short-term investments 2,368,203 6,831,192
Accounts receivable (Includes related party of $3,614 and $0, respectively) 9,369 4,875
Inventory 156,420 154,370
Prepaid expenses and other current assets 315,670 272,282
Total Current Assets 3,429,892 7,425,462
ROU Asset 496 6,171
Equipment, net of accumulated depreciation of $2,684 and $2,181, respectively 503
Intangible assets, net 105,528
Equity Method Investment 96,000
Total Assets 3,631,916 7,432,136
Current Liabilities:    
Accounts payable (Includes related party of $0 and $260,000, respectively) 159,534 658,367
Accrued expenses 261,284 539,822
Lease liability, current portion 4,463 50,797
Loan payable - officer 200,000
Note payable 500,000
Total Current Liabilities 425,281 1,948,986
Long-term Liabilities:    
Lease liability, net of current portion 4,463
Total Liabilities 425,281 1,953,449
Stockholders’ Equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 7,436,562 and 7,286,562 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 7,437 7,287
Accumulated other comprehensive income (loss) (405) 36,313
Additional paid in capital 80,237,652 77,824,427
Accumulated deficit (77,038,049) (72,389,340)
Total Stockholders’ Equity 3,206,635 5,478,687
Total Liabilities and Stockholders’ Equity $ 3,631,916 $ 7,432,136