Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 5,572,199 $ 536,082
Accounts receivable 25,585 0
Inventory 2,209,015 0
Inventory deposits 1,981,397 0
Prepaid expenses and other current assets 1,092,860 102,789
Total current assets 10,881,057 638,871
Long term assets:    
Property and equipment, net 809,734 305,271
Intangible assets, net 18,053 16,954
Other long-term assets 732,810 50,560
Right of use asset - operating lease 2,182,612 842,357
Total assets 14,624,265 1,854,013
Current liabilities:    
Accounts payable 1,454,103 81,400
Accrued liabilities 771,631 34,044
Accrued purchase commitments 1,506,976 0
Current portion of notes payable 17,201 8,873
Right of use operating lease liability, short term 456,207 141,943
Customer deposits 2,277,607 55,865
SAFE liability 0 2,000,000
Total current liabilities 6,483,725 2,322,125
Notes payable, net of discount and current portion 68,785 59,329
Right of use operating lease liability, long term 1,767,506 614,414
Total liabilities 8,320,017 2,995,868
Stockholders' equity (deficit):    
Common stock: $0.00001 par value, 100,000,000 shares authorized, 17,309,187 shares issued and outstanding as of December 31, 2021, 1,937,500 issued or outstanding as of December 31, 2020 128 8
Additional paid-in capital 47,803,643 232,550
Accumulated deficit (41,499,522) (1,374,413)
Total stockholders’ equity (deficit) 6,304,249 (1,141,855)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) $ 14,624,265 $ 1,854,013