Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.21.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 427,202 $ 530,400
Prepaid expenses and other current assets 709,662 75,053
Total current assets 1,136,864 605,453
Fixed assets, net 0 0
Total assets 1,136,864 605,453
Current liabilities:    
Accounts payable 881,306 104,276
Accrued and other current liabilities 586,516 133,477
Convertible subordinated promissory notes, net of discount 174,844 1,848,495
Related party convertible subordinated promissory notes, net of discount 0 1,140,984
Current portion of long-term debt, net of debt discount 0 556,160
Total current liabilities 1,642,666 3,783,392
Total liabilities 1,642,666 3,783,392
Stockholders' and Members' Deficit    
Common stock value 191 0
Additional Paid-in Capital (unaudited) 31,203,259 0
Accumulated deficit (31,716,498) (28,079,798)
Total stockholders' and members' equity (deficit) (505,802) (3,177,939)
Total stockholders' equity (deficit)    
Total liabilities and stockholders' and members' deficit 1,136,864 605,453
Series A Preferred Units    
Total stockholders' equity (deficit)    
Preferred stock value 0 0
Series 1 Preferred Units    
Total stockholders' equity (deficit)    
Preferred stock value 0 6,833,877
Series 1 Preferred Stock    
Total stockholders' equity (deficit)    
Preferred stock value 691 0
Series 1a Preferred Units    
Total stockholders' equity (deficit)    
Preferred stock value 0 4,380,081
Series 1a Preferred Stock    
Total stockholders' equity (deficit)    
Preferred stock value 502 0
Series 1a Preferred Warrant Units    
Total stockholders' equity (deficit)    
Preferred stock value 0 723,431
Series 1a Preferred Stock Warrant    
Total stockholders' equity (deficit)    
Preferred stock value 142 0
Series 1b Preferred Units    
Total stockholders' equity (deficit)    
Preferred stock value 0 4,119,595
Series 1b Preferred Stock    
Total stockholders' equity (deficit)    
Preferred stock value 650 0
Series 1c Preferred Units    
Total stockholders' equity (deficit)    
Preferred stock value 0 6,491,592
Series 1c Preferred Stock    
Total stockholders' equity (deficit)    
Preferred stock value 4,655  
Series 1d Preferred Stock    
Total stockholders' equity (deficit)    
Preferred stock value 606  
Class A Common Units    
Stockholders' and Members' Deficit    
Common stock value 0 10,430
Class B Common Units    
Stockholders' and Members' Deficit    
Common stock value $ 0 $ 2,342,853