Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.23.1
Discontinued Operations (Tables)
 3 Months Ended
Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of discontinued operations in the condensed consolidated balance sheets
    As of
March 31,
2023		  
Current assets of discontinued operations:      
Cash and cash equivalents   $ 16,634  
Due from related party    
-
  
Prepaid expenses     28,887  
Other current assets     39,182  
Total current assets of discontinued operations     84,703  
Non-current assets of discontinued operations        
Property and equipment, net     248,597  
Right of use asset- operating lease     355,356  
Intangibles, net     15,334  
Total non-current assets of discontinued operations   $ 619,287  
Total assets   $ 703,990  
         
LIABILITIES        
Current liabilities of discontinued operations:        
Accounts payable and accrued liabilities   $ 141,790  
Lease liability- short term portion     103,754  
Total current liabilities of discontinued operations     245,544  
         
Non-current liabilities of discontinued operations:        
Lease liability     299,669  
Warrant liabilities    
-
  
Total non-current liabilities of discontinued operations   $ 299,669  
Total liabilities of discontinued operations   $ 545,213  

Schedule of discontinued operations in the condensed consolidated statements of operations
    Three Months Ended
March 31,		  
    2023     2022  
Revenues   $ -     $ 13,658  
Cost of services     -       12,937  
Gross margin     -       721  
                 
Selling, general and administrative     271,869       326,380  
Loss from discontinued operations   $ (271,869 )   $ (325,659 )
                 
Weighted-average common shares outstanding, basic and diluted
     26,073,036       23,008,371  
Basic and diluated loss per share from discontinued operations
   $ (0.01 )   $ (0.01 )