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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities    
Net income (loss) $ (783,262) $ 701,770
Adjustments to reconcile net income (loss) to net cash used in operations    
Gain on derivative liability 351,737 (1,687,112)
Non cash interest expense 133,975
Gain on settlement of notes payable
Share professional fees/ compensation 47,988 206,462
Depreciation and amortization 4,938 4,711
Stock subscription receivable (261,059)
Changes in operating assets and liabilities    
Inventory 59,473 (20,396)
Advances to suppliers (3,721)
Other receivables 30,000
Accounts payable and accrued expenses 271,639 40,281
Due to related party 9,500
Net cash provided by (used in) operating activities 116,488 (1,009,564)
Cash Flows from Investing Activities    
Deposit on acquisition of Pegasus Specialty Vehicles LLC (435,000)
Net cash provided by (used in) investing activities (435,000)
Cash Flows from Financing Activities    
Proceeds from issuance of convertible notes 460,000 788,800
Proceeds from subscription 392,674
Proceeds from warrant exercise 30,000
Repayment of related party advances (94,847)
Repayment of convertible notes (138,800) (150,000)
Net cash provided by (used in) financing activities 256,353 1,031,474
Net increase (decrease) in cash (62,159) 21,910
Cash, beginning of period 64,419 12,913
Cash, end of period 2,260 34,823
Supplemental cash flow disclosures    
Cash paid for interest
Cash paid for taxes
Non-cash investing and financing activities    
Conversion of debt for common stock $ 150,000