CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash	$ 34,719	$ 21,453
Accounts receivable	83,046	0
Prepaid expenses	2,047,001	5,000
Inventory	84,036	0
Vendor deposits	274,342	0
Total current assets	2,523,144	26,453
Other assets
Right-to-use asset	148,133	203,477
Trademarks	11,914	11,914
Other assets	13,947	13,947
Total other assets	173,994	229,338
Total assets	2,697,138	255,791
Current liabilities
Accounts payable and accrued liabilities	1,061,495	956,240
Accounts payable and accrued liabilities - related parties	0	0
Advances payable - related parties	7,500	31,000
Lease liability	73,891	64,199
Accrued interest payable	368,812	483,238
Accrued interest payable - related parties	484,163	368,952
Royalty liabilities payable	527,500	417,500
Notes payable, net of discounts	935,000	1,030,000
Notes payable, net of discounts - related parties	184,450	241,950
Convertible notes payable, net of discounts	324,000	999,352
Convertible notes payable, net of discounts - related parties	3,039,523	2,840,623
Total current liabilities	7,006,334	7,433,054
Long-term liabilities
Deferred warranty revenue	249	0
Lease liability - long-term	77,505	144,702
Notes payable - net of discounts and current portion	95,000	0
Notes payable - net of discounts and current portion - related parties	177,500	125,000
Convertible notes payable, net of discounts and current portion	375,000	0
Total long-term liabilities	725,254	269,702
Total liabilities	7,731,588	7,702,756
Commitments and contingencies (Note 8)	0	0
Stockholders' deficit
Preferred stock, $0.001 par value, 9,990,000 shares authorized Preferred stock - Series B, $0.001 par value, 10,000 shares authorized, 0 and 10,000 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively	0	10
Common stock, $0.001 par value, 150,000,000 shares authorized, 113,008,178 and 38,773,230 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively	113,008	38,773
Additional paid in capital	66,427,320	57,717,685
Subscriptions payable	0	1,462,480
Accumulated deficit	(71,574,778)	(66,665,913)
Total stockholders' deficit	(5,034,450)	(7,446,965)
Total liabilities and stockholders' deficit	$ 2,697,138	$ 255,791

Trutankless, Inc. 10-Q