v3.22.2.2

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash	$ 5,705	$ 3,208
Inventory	103,377	114,487
Prepaid expenses	11,028	78,981
Value added tax receivable	145,546	0
Income tax credits receivable	712,859	590,132
TOTAL CURRENT ASSETS	978,515	786,808
FIXED ASSETS
Property and equipment	695,824	187,156
TOTAL FIXED ASSETS	695,824	187,156
OTHER ASSETS
Intellectual property, net of impairment	653,421	613,024
Security deposits	49,188	54,474
Right-of-use assets, net of accumulated amortization	430,834	490,181
TOTAL OTHER ASSETS	1,133,443	1,157,679
TOTAL ASSETS	2,807,782	2,131,643
CURRENT LIABILITIES
Accounts payable and accrued expenses	1,610,136	1,173,307
Payroll taxes payable	463,615	398,299
Due to stockholders	287,784	5,859
Note payable related party	585,000	585,000
Notes payable	425,000	70,039
Current portion of operating lease liabilities	133,861	107,915
TOTAL CURRENT LIABILITIES	3,505,396	2,340,419
Operating lease liabilities, net of current portion	334,130	401,224
TOTAL LIABILITIES	3,839,526	2,741,643
STOCKHOLDERS' DEFICIT
Common stock, $0.0001 par value, 2,500,000,000 shares authorized, 549,974,670 and 533,549,670 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	54,998	53,355
Additional paid-in-capital	3,355,284	2,292,427
Accumulated deficit	(4,322,724)	(2,976,773)
Cumulative translation adjustment	(119,330)	20,963
TOTAL STOCKHOLDERS' DEFICIT	(1,031,744)	(610,000)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	2,807,782	2,131,643
Series E Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred stock value	8	8
Series F Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred stock value	10	10
Series G Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred stock value	0	0
Series C Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred stock value	0	0
Series D Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred stock value	$ 10	$ 10

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).

CORPORATE UNIVERSE INC 10-Q