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Consolidated Balance Sheet - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 676,448 $ 3,019,035
Accounts receivable, net of allowance for doubtful accounts of $0 and $0, respectively 47,361 780
Inventories, net 166,281 132,343
Prepaid expense and other current assets 773,949 477,850
Total current assets 1,664,039 3,630,008
Property and equipment, net 2,100,146 1,581,805
Operating lease right-of-use asset 4,227,815 3,010,564
Other assets 1,008,419 235,164
Total assets 9,000,419 8,457,541
Current liabilities:    
Accounts payable 399,346 87,809
Accrued expenses and current liabilities 598,468 233,053
Loans payable to financial institutions 791,353 44,664
Loan payable to other 300,000
Current portion of loan payable, emergency injury disaster loan (EIDL) 30,060 30,060
Current portion of loan payable, payroll protection program (PPP) 45,678 45,678
Current portion of operating lease liabilities 847,990 624,892
Total current liabilities 3,012,895 1,066,156
Loans payable to financial institutions, less current portion 335,147 6,234
Loan payable, emergency injury disaster loan (EIDL), less current portion 469,940 469,940
Loan payable, payroll protection program (PPP), less current portion 51,595 98,697
Operating lease liabilities, less current portion 3,556,999 2,529,985
Total liabilities 7,426,576 4,171,012
Commitments and Contingencies
Stockholders’ equity    
Common Stock, $0.0001 par value, 40,000,000 shares authorized; and 14,929,390 and 13,162,723 shares issued and outstanding at December 31, 2023 and 2022, respectively 1,493 1,316
Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued and outstanding at December 31, 2023 and 2022
Additional paid-in capital 17,601,837 16,317,014
Accumulated deficit (16,029,487) (12,031,801)
Total stockholders’ equity 1,573,843 4,286,529
Total liabilities and stockholders’ equity $ 9,000,419 $ 8,457,541