XML 23 R12.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss $ (4,388,446) $ (5,312,123) $ (12,127,068) $ (6,874,156)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 306,092 223,887 299,553 208,448
Non-cash amortization of right-of-use asset and liability 15,245 16,816    
(Gain) loss on disposal of property and equipment 0 (36,392) (36,392) 8,036
Impairment of obsolete inventory 2,075,080 129,162    
Issuance of Stock and Warrants for Services or Claims 125,229 79,998    
Amortization of stock options 399,436 651,501 782,081 543,332
Amortization of stock warrants issued as a debt discount 900,228 607,320 925,839 0
Decrease (increase) in current assets:        
Accounts receivable (1,197,608) (213,509) (183,044) (12,382)
Prepaid expenses (10,760) (37,333) (56,635) (24,630)
Inventory (2,342,871) (577,788) (520,982) (1,310,526)
Security deposits (12,309) (14,000) (14,000) 0
Increase (decrease) in current liabilities:        
Accounts payable 257,091 208,486 173,269 (45,778)
Accrued interest 419,807 0    
Accrued expenses 125,270 124,929 307,278 (179,209)
Net cash used in operating activities (3,328,516) (4,149,046) (5,146,635) (5,551,261)
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds received from disposal of property and equipment 0 63,957 63,957 0
Purchase of property and equipment (1,326,276) (154,853) (193,184) (982,818)
Cash paid for construction in progress 0 (2,175,241) (2,487,673) 0
Cash paid for intangible assets 0 (5,929) (5,929) (84,594)
Net cash used in investing activities (1,326,276) (2,272,066) (2,622,829) (653,051)
CASH FLOWS FROM FINANCING ACTIVITIES        
Amount 3,675,000 0 0 5,562,511
Proceeds received from notes payable, related parties 2,400,000 3,870,000 4,120,000 2,075,000
Proceeds received from notes payable 400,000 580,000 580,000 0
Net cash provided by financing activities 6,475,000 4,450,000 4,700,000 7,637,511
NET CHANGE IN CASH AND CASH EQUIVALENTS 1,820,208 (1,971,112) (3,069,464) 1,433,199
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 276,464 3,345,928 3,345,928 1,912,729
CASH AND CASH EQUIVALENTS AT END OF PERIOD 2,096,672 1,374,816 276,464 3,345,928
SUPPLEMENTAL INFORMATION:        
Interest paid 27,878 134,444 134,444 4,895
Income taxes paid 0 0 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:        
Reclassification of construction in progress to property and equipment 1,766,110 0    
Value of debt discounts attributable to warrants 247,880 3,058,526 3,255,468 699,213
Officers and Directors [Member]        
Adjustments to reconcile net loss to net cash used in operating activities:        
Issuance of Stock and Warrants for Services or Claims 125,229 49,998 49,998 814,047
Advisors and Consultants [Member]        
Adjustments to reconcile net loss to net cash used in operating activities:        
Issuance of Stock and Warrants for Services or Claims $ 0 $ 30,000 $ 30,000 $ 20,000