Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and Cash Equivalents, at Carrying Value $ 2,668,697 $ 1,244,527
Restricted cash 4,586 4,580
Prepaid expenses 957,593 780,807
Assets held for sale 0 6,432,216
Other current assets 820,012 481,588
Total current assets 4,450,888 8,943,718
Property, plant and equipment, net 77,081 87,854
Operating lease right-of-use asset 50,650 71,191
Other assets 8,309 8,309
Total assets 4,586,928 9,111,072
Current liabilities    
Accounts payable 1,224,094 1,669,997
Accounts payable - related parties 104,570 124,901
Accrued interest - related party 0 15,814
Accrued payroll liabilities 792,501 657,734
Insurance premium loan payable 158,576 0
Other current liabilities 801,128 1,422,445
Other current liabilities - related parties 0 95,850
Estimate for legal contingency 6,205,310 6,205,310
Convertible multi-draw credit agreement - related party 0 1,848,375
Operating lease liability, current portion 81,318 78,700
Total current liabilities 9,367,497 12,119,126
Total liabilities 9,367,497 12,119,126
Commitments and contingencies (Note 12)
Stockholders’ deficit    
Preferred stock, $0.001 par value; 50,000,000 shares authorized at March 31, 2023 and December 31, 2022; no shares issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value; 5,000,000,000 shares authorized at March 31, 2023 and December 31, 2022; 971,549,608 and 913,528,958 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 971,549 913,528
Additional paid-in-capital 66,153,167 62,816,183
Accumulated deficit (71,905,285) (66,737,765)
Total stockholders’ deficit (4,780,569) (3,008,054)
Total liabilities and stockholders’ deficit $ 4,586,928 $ 9,111,072