XML 22 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 10,500,826 $ 4,090
Prepaid expenses 147,642
ROU asset - short term 384,685
TOTAL CURRENT ASSETS 11,033,153 4,090
Fixed Assets 798,919
Intangible Assets 321,000
Deferred offering costs 119,442
ROU asset - long term 871,136
Deposits 72,296
TOTAL ASSETS 13,096,504 123,532
CURRENT LIABILITIES    
Accounts payable and accrued expenses 241,613 1,847,458
Accrued compensation to related parties 962,651
Notes payable - related party 10,000
Notes payable, net of discount 155,600
Financing on fixed assets 587,588  
Lease liability - short term 391,221
Other current assets 6,536  
TOTAL CURRENT LIABILITIES 1,226,958 2,975,709
Lease liability - long term 858,064
TOTAL LIABILITIES 2,085,022 2,975,709
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, $0.001 par value, 3,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.001 par value, 27,000,000 shares authorized, 13,074,495 and 3,915,900 shares issued and 12,973,692 and 3,821,088 shares outstanding, respectively 13,078 3,916
Treasury stock, 100,803 and 94,813 shares, respectively (201,605) (189,625)
Additional paid-in capital 32,079,187 9,063,483
Accumulated deficit (20,879,178) (11,729,951)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 11,011,482 (2,852,177)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 13,096,504 $ 123,532