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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 4,730,097 $ 905,051
Accounts receivable, net of allowance for doubtful accounts of $0 and $0, respectively 350
Inventories, net 102,981 88,877
Prepaid expense and other current assets 256,192 191,838
Total current assets 5,089,620 1,185,766
Property and equipment, net 1,297,574 1,110,890
Operating lease right-of-use asset 2,764,258 2,466,873
Total assets 9,151,452 4,763,529
Current liabilities:    
Accounts payable 20,977 45,748
Accrued expenses and current liabilities 254,586 124,535
Loans payable to financial institutions – current portion 74,810 98,475
Loan payable, emergency injury disaster loan (EIDL) – current portion 10,861 7,957
Loan payable, payroll protection program (PPP) – current portion 39,267 42,345
Equipment loan payable – current portion 1,515 15,989
Operating lease liabilities – current portion 654,145 578,419
Total current liabilities 1,056,161 913,468
Loans payable to financial institutions – net of current portion 14,172 23,228
Loan payable, emergency injury disaster loan (EIDL), net of current portion 489,139 492,043
Loan payable, payroll protection program (PPP), net of current portion 127,871 124,793
Operating lease liabilities, net of current portion 2,261,004 2,011,702
Total liabilities 3,948,347 3,565,234
Commitments and Contingencies
Stockholders’ equity    
Common Stock, $0.0001 par value, 40,000,000 shares authorized; 13,119,523 and 11,634,523 shares issued and outstanding at September 30, 2022 and December 31, 2021 1,312 1,163
Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued and outstanding at September 30, 2022 and December 31, 2021
Additional paid-in capital 16,101,017 9,674,036
Accumulated deficit (10,899,224) (8,476,904)
Total stockholders’ equity 5,203,105 1,198,295
Total liabilities and stockholders’ equity $ 9,151,452 $ 4,763,529