Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Summary of Significant Accounting Policies Table [Abstract]  
Schedule of inventories consisted
    December 31,
2022		     December 31,
2021		  
Raw material and supplies   $ 1,499,030     $
        -
  
Work in progress     5,167,882      
-
  
Finished goods    
-
      
-
  
Total inventories   $ 6,666,912     $
-
  

 
Schedule of other current assets consist
    December 31, 2022     December 31, 2021  
Prepaid material purchases   $ 2,454,298     $ 96,095  
Other prepayments     199,323       110,326  
Other     56,410       3,804  
Total other current assets   $ 2,710,031     $ 210,225  

 
Schedule of Accrued liabilities consist
    December 31, 2022     December 31, 2021  
Accrued compensation   $ 1,501,736     $ 349,255  
Accrued professional fees     794,021       -  
Accrued insurance     590,936       61,752  
Accrued interest     -       703,544  
Advance customer payments     -       373,791  
Other accrued expenses     256,284       88,091  
Total accrued expenses   $ 3,142,977     $ 1,576,433