v3.22.1

Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current Assets
Cash	$ 55,351	$ 41,770
Deposit	2,711
Total Current Assets	58,062	41,770
Property, Plant and Equipment, net	90,345	125,695
Total Assets	148,407	167,465
Current Liabilities
Notes payable	375,500	375,500
Notes payable-Related party	13,306	23,306
Accounts payable and accrued expenses	88,500	58,373
Accounts payable and accrued expenses-Related party	7,366	12,714
Total Current Liabilities	484,672	469,893
Long Term Liabilities
Convertible notes payable	100,000	50,000
Total Liabilities	584,672	519,893
Commitments and Contingencies
Stockholders (Deficit)
Preferred stock, no par value, non-voting, 5,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2021 and 2020
Common stock, no par value, 50,000,000 shares authorized; 20,461,311 and 20,296,309 shares issued and outstanding at December 31, 2021 and 2020	704,449	471,849
Accumulated (Deficit)	(1,140,714)	(824,277)
Total Stockholders' (Deficit)	(436,265)	(352,428)
Total Liabilities and Stockholders' (Deficit)	$ 148,407	$ 167,465

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

High Sierra Technologies, Inc. 10-K