v3.24.1.u1

Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash	$ 30,577	$ 113,169
Inventory	85,290	62,160
Advances to Suppliers	9,250
Receivable from Citi Bank
Total current assets	125,117	175,329
Non-current assets:
Right of use asset – operating lease – related party	57,000	115,000
Total assets	182,117	290,329
Current liabilities:
Accounts payable	1,400	58,740
Accounts payable – related party
Notes payable – related party
Loan payable – related party
Accrued royalty– related party	117,547	110,940
Deferred revenue
Operating lease obligation, current portion – related party	14,750	18,750
State Income Tax Payable		800
Total current liabilities	133,697	189,230
Non-Current Liabilities:
Operating lease obligation – related party	42,250	96,250
Total Liabilities	175,947	285,480
Commitments and Contingencies
Stockholders’ Deficit:
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, par value $0.001 per share; 1,100,000,000 shares authorized; 100,000,000 shares issued and outstanding as of December 30, 2022 and December 31, 2021, respectively	100,000	100,000
Additional paid in capital	629,566	629,566
Accumulated Deficit	(723,396)	(724,716)
Total stockholders’ equity	6,170	4,850
Total liabilities and stockholders’ equity	$ 182,117	$ 290,329

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Hi-Great Group Holding Co 10-K/A