Basanite (BASA) S-1 29 Sep 21 IPO registration Financial data

Cover

Cover	6 Months Ended
	Jun. 30, 2021
Cover [Abstract]
Document Type	S-1
Amendment Flag	false
Entity Registrant Name	Basanite, Inc.
Entity Central Index Key	0001448705
Entity Tax Identification Number	20-4959207
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	2041 NW 15th Avenue
Entity Address, City or Town	Pompano Beach
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33069
City Area Code	954
Local Phone Number	532-4653
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash	$ 77,400	$ 259,505	$ 129,152
Accounts receivable, net	8,509	1,907
Inventory	678,159	446,575	159,472
Prepaid expenses	129,915	40,283	26,640
Deposits and other current assets	278,323	75,995	145,671
TOTAL CURRENT ASSETS	1,172,306	824,265	460,935
Lease right-of-use asset	881,666	1,004,167	1,222,853
Fixed assets, net	1,226,440	1,020,035	771,996
Other assets			5,380
Total Long-Term Assets	2,108,106	2,024,202	2,000,229
TOTAL ASSETS	3,280,412	2,848,467	2,461,164
CURRENT LIABILITIES
Accounts payable	358,916	249,353	218,082
Accrued expenses	136,950	197,350	489,179
Accrued legal liability	503,286	809,127	790,606
Notes payable	787,412	128,021	219,617
Notes payable – related party	300,000	0
Notes payables - convertible, net	0	10,000	453,991
Notes payable - convertible - related party, net	1,689,746	1,025,000	0
Subscription liability		40,000
Lease liability - current portion	209,034	267,289	221,997
TOTAL CURRENT LIABILITIES	3,985,344	2,726,140	2,393,472
Lease liability - net of current portion	756,793	826,388	1,094,970
TOTAL LIABILITIES	4,742,137	3,552,528	3,488,442
STOCKHOLDERS’ DEFICIT
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 228,522,454 and 224,836,785 shares issued and outstanding, respectively	228,523	224,838	200,736
Additional paid-in capital	36,943,818	28,714,488	24,216,042
Accumulated deficit	(38,634,066)	(29,643,387)	(25,444,056)
TOTAL STOCKHOLDERS' DEFICIT	(1,461,725)	(704,061)	(1,027,278)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 3,280,412	$ 2,848,467	$ 2,461,164

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value per share	$ 0.001	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000	5,000,000
Preferred stock, shares issued	0	0	0
Preferred stock, shares outstanding	0	0	0
Common stock, par value per share	$ 0.001	$ 0.001	$ 0.001
Common stock, shares authorized	1,000,000,000	1,000,000,000	1,000,000,000
Common stock, shares issued	228,522,454	224,836,785	200,735,730
Common stock, shares outstanding	228,522,454	224,836,785	200,735,730

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Revenue
Products Sales - Rebar	$ 15,549	$ 593	$ 19,685	$ 2,218	$ 7,161	$ 3,892
Total cost of goods sold	19,493	1,603	20,809	2,222	4,487	105,010
Gross loss	(3,944)	(1,010)	(1,124)	(4)	2,674	(101,118)
OPERATING EXPENSES
Professional fees	79,355	53,016	193,087	162,874	438,749	341,906
Payroll, taxes and benefits	300,683	162,455	554,798	399,886	837,348	865,828
Consulting	117,375	81,875	230,625	98,938	270,525	219,326
General and administrative	950,167	283,034	1,533,937	500,987	1,408,948	2,483,226
Loss on inventory obsolescence					33,062
Total operating expenses	1,469,755	580,380	2,534,622	1,162,685	2,988,632	3,910,286
NET LOSS FROM OPERATIONS	(1,451,524)	(581,390)	(2,513,571)	(1,162,689)	(2,985,958)	(4,011,404)
OTHER INCOME (EXPENSE)
Gain on sale of asset					40,838
Loss (gain) on extinguishment of debt	(3,056,892)	980	(6,743,015)	980	(56,948)
Miscellaneous income	3,116		3,116	70,817	70,817	4,469
Loan forgiveness			124,143
Gain on settlement of payables					293,678	201,617
Impairment of fixed assets						(1,478)
Interest expense	(133,211)	(201,007)	(205,874)	(251,830)	(898,257)	(113,076)
Total other income (expense)	(2,866,950)	(200,027)	(6,477,108)	(180,033)	(549,872)	91,532
Gain on settlement of legal contingency	320,037		344,522
NET LOSS FROM OPERATIONS					(3,535,830)	(3,919,872)
Deemed dividends					(663,501)	(388,932)
NET LOSS	$ (4,318,474)	$ (781,417)	$ (8,990,679)	$ (1,342,722)	$ (4,199,331)	$ (4,308,804)
Net loss per share – basic and diluted	$ (0.019)	$ (0.003)	$ (0.039)	$ (0.007)	$ (0.017)	$ (0.021)
Weighted average number of shares outstanding - basic and diluted	227,837,337	234,917,946	227,115,792	205,202,856	209,163,821	186,607,492

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY DEFICIT (UNAUDITED) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Subscription Receivable [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2018		$ 154,202	$ 18,718,283	$ (21,135,252)		$ 225,015	$ (2,037,752)
Beginning balance, Shares at Dec. 31, 2018		154,202,008
Stock-Based Compensation			1,701,316				1,701,316
Stock issued to purchase non-controlling interest in Basalt America Territory #1		$ 2,010	223,005			(225,015)
Stock-based compensation, shares
Shares issued to convert notes payable		$ 2,139	528,961				531,100
Shares issued to convert notes payable, shares		2,139,437
Stock issued for cash		$ 21,324	1,248,756				1,270,080
Stock issued for cash, shares		21,323,570
Stock issued to purchase non-controlling interest in Basalt America Territory #1, shares		2,010,000
Warrants exercised for cash		$ 19,711	1,268,889				1,288,600
Warrants exercised for cash, Shares		19,710,715
Deemed dividend on common stock			388,932				388,932
Shares issued as loan commitment fee		$ 1,350	137,900				139,250
Shares issued as loan commitment fee, shares		1,350,000
Net loss				(4,308,804)			(4,308,804)
Ending balance, value at Dec. 31, 2019		$ 200,736	24,216,042	(25,444,056)			(1,027,278)
Ending balance, Shares at Dec. 31, 2019		200,735,730
Net loss				(561,305)			(561,305)
Ending balance, value at Mar. 31, 2020		$ 200,736	24,216,042	(26,005,361)			(1,588,583)
Ending balance, Shares at Mar. 31, 2020		200,735,730
Beginning balance, value at Dec. 31, 2019		$ 200,736	24,216,042	(25,444,056)			(1,027,278)
Beginning balance, Shares at Dec. 31, 2019		200,735,730
Ending balance, value at Jun. 30, 2020		$ 208,602	25,459,900	(26,786,778)			(1,118,276)
Ending balance, Shares at Jun. 30, 2020		208,601,545
Beginning balance, value at Dec. 31, 2019		$ 200,736	24,216,042	(25,444,056)			(1,027,278)
Beginning balance, Shares at Dec. 31, 2019		200,735,730
Stock-based compensation, shares		600,000
Stock issued for cash		$ 8,386	1,134,606				$ 1,142,992
Stock issued for cash, shares		8,385,289					7,110,340
Warrants exercised for cash		$ 7,110	646,966				$ 654,076
Warrants exercised for cash, Shares		7,110,340
Deemed dividend on common stock			663,501				663,501
Net loss				(4,199,331)			(4,199,331)
Convertible debt and debt discount		$ 9,306	2,008,673				2,017,979
Convertible debt and debt discount, Shares		9,305,426
Stock issued for compensation		$ 600	173,400				174,000
Return of shares issued as loan committee fee		$ (1,300)	(128,700)				(130,000)
Return of shares issued as loan committee fee, Shares		(1,300,000)
Ending balance, value at Dec. 31, 2020		$ 224,838	28,714,488	(29,643,387)			(704,061)
Ending balance, Shares at Dec. 31, 2020		224,836,785
Beginning balance, value at Mar. 31, 2020		$ 200,736	24,216,042	(26,005,361)			(1,588,583)
Beginning balance, Shares at Mar. 31, 2020		200,735,730
Stock issued for cash		$ 6,041	610,626				616,667
Stock issued for cash, shares		6,040,614
Net loss				(781,417)			(781,417)
Convertible debt and debt discount		$ 3,125	761,932				765,057
Convertible debt and debt discount, Shares		3,125,201
Return of shares issued as loan committee fee		$ (1,300)	(128,700)				(130,000)
Return of shares issued as loan committee fee, Shares		(1,300,000)
Ending balance, value at Jun. 30, 2020		$ 208,602	25,459,900	(26,786,778)			(1,118,276)
Ending balance, Shares at Jun. 30, 2020		208,601,545
Beginning balance, value at Dec. 31, 2020		$ 224,838	28,714,488	(29,643,387)			(704,061)
Beginning balance, Shares at Dec. 31, 2020		224,836,785
Warrant Issued with Debt			3,686,123				3,686,123
Stock-Based Compensation		$ 600	173,400				174,000
Stock-based compensation, shares		600,000
Stock issued for cash		$ 450	89,550				90,000
Stock issued for cash, shares		450
Warrants exercised for cash		$ 1,000	122,500				123,500
Warrants exercised for cash, Shares		1,000,000
Net loss				(4,672,205)			(4,672,205)
Ending balance, value at Mar. 31, 2021		$ 226,888	32,786,061	(34,315,592)			(1,302,643)
Ending balance, Shares at Mar. 31, 2021		226,886,785
Beginning balance, value at Dec. 31, 2020		$ 224,838	28,714,488	(29,643,387)			(704,061)
Beginning balance, Shares at Dec. 31, 2020		224,836,785
Ending balance, value at Jun. 30, 2021		$ 228,523	36,943,818	(38,634,066)			(1,461,725)
Ending balance, Shares at Jun. 30, 2021		228,522,454
Beginning balance, value at Mar. 31, 2021		$ 226,888	32,786,061	(34,315,592)			(1,302,643)
Beginning balance, Shares at Mar. 31, 2021		226,886,785
Warrant Issued with Debt			3,362,091				3,362,091
Stock-Based Compensation		$ 900	554,625				555,525
Stock-based compensation, shares		900,000
Stock issued for cash		$ 735	241,041				241,776
Stock issued for cash, shares		735,669
Net loss				(4,318,474)			(4,318,474)
Ending balance, value at Jun. 30, 2021		$ 228,523	$ 36,943,818	$ (38,634,066)			$ (1,461,725)
Ending balance, Shares at Jun. 30, 2021		228,522,454

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (8,990,679)	$ (1,342,722)	$ (4,199,331)	$ (4,308,804)
Adjustments to reconcile net loss to net cash used in operating activities:
Lease right-of-use asset amortization	122,501	105,184	218,686	175,920
Depreciation	63,925	55,774	117,340	17,143
Amortization of debt discount		186,237	707,533	(22,533)
Gain on settlement of legal contingency	(344,522)
Loss (gain) on extinguishment of debt	6,743,015	(980)	56,948
Loan forgiveness	(124,143)
Loss on sale of asset			(40,838)
Impairment of fixed assets				1,478
Loss on inventory obsolescence			33,062
Non-cash interest charges				(81,806)
Non-cash loan commitment fee				9,250
Deemed dividend			663,501	388,932
Stock-based compensation	729,525		165,590	1,701,316
Changes in operating assets and liabilities:
Prepaid expenses	(89,632)	(33,252)	(5,233)	56,537
Inventory	(231,584)	15,639	(320,165)	(102,886)
Accounts receivable	(208,930)		(1,907)	883
Subscription liability	(40,000)		40,000
Lease liability	(127,850)	(107,487)	(223,290)
Other current assets		47,888	49,263	(127,051)
Accounts payable and accrued expenses	(203,873)	33,339
Accounts payable and accrued expenses			(60,658)	32,084
Net cash used in operating activities	(2,294,501)	(1,040,380)	(2,799,499)	(2,259,537)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment	(270,330)	(59,377)	(339,586)	(766,918)
Deposits on machinery and equipment				200,000
Net cash used in investing activities	(270,330)	(59,377)	(339,586)	(566,918)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock	331,776	616,667
Proceeds from warrants exercised for cash	123,500		654,076
Proceeds from sale of common stock and exercise of warrants			1,797,068	2,392,828
Repayment of convertible notes payable and convertible notes payable related party	(35,000)	(348,000)	(348,000)	(104,704)
Proceeds from notes payable and notes payable related party	1,391,194	266,727	266,727	234,760
Proceeds from convertible notes payable and convertible notes payable related party	579,741	585,000	1,620,000	408,000
Repayment of notes payable and notes payable related party	(8,485)	(33,306)
Repayment of notes payable and notes payable related party			(66,357)	(97,108)
Net cash provided by financing activities	2,382,726	1,087,088	3,269,438	2,833,776
NET INCREASE (DECREASE) IN CASH	(182,105)	(12,669)	130,353	7,321
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	259,505	129,152	129,152	121,831
CASH AND CASH EQUIVALENTS AT END OF PERIOD	77,400	116,483	259,505	129,152
Supplemental cash flow information:
Cash paid for interest	4,016	34,747	35,723	31,237
Forgiveness of Paycheck Protection Program loan and accrued interest	124,143
Supplemental disclosure of non cash investing and financing activities:
Return of loan commitment shares		(130,000)	(130,000)
Issuance of warrants for services	64,045
Common shares issued for loan commitment fees				137,900
Conversion of notes payable into common stock			150,000	531,101
Recording of debt discount on convertible notes		685,000	685,000
Conversion of convertible notes payable into common stock		80,057	1,182,979
Conversion of note payable in exchange for warrants	$ 305,199
Common shares issued to acquire interest in joint venture				502,500
Exchange of notes payable and related interest for common stock				$ 165,852

ORGANIZATION, NATURE OF BUSINES

ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN	NOTE 1 – ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (A) Description of Business Basanite, Inc., a Nevada corporation (the “Company”, “Basanite”, “we”, “us”, “our” or similar terminology), through our wholly owned subsidiary, Basanite Industries, LLC, a Delaware limited liability company (“BI”), manufactures a range of “green” (environmentally friendly), sustainable, non-corrosive, lightweight, composite products used in concrete reinforcement by the construction industry. Our core product is BasaFlex™, a basalt fiber reinforced polymer reinforcing bar (“rebar”) which we believe is a stronger, lighter, sustainable, non-conductive and corrosion-proof alternative to traditional steel. Our two other main product lines are BasaMix™, which are fine denier basalt fibers available in various chopped sizes, and BasaMesh™, a line of Basalt Geogrid Mesh Rolls, intended to replace welded wire mesh (made of steel) and other fiber reinforced polymer (“FRB”) grids and mesh. BasaMix™ is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete, as well as providing an increased toughness for enhanced reinforcement in Slab on Grade (SOG) and precast elements. BasaMix™ also serves in a “system approach” for optimum performance of a concrete element when used in conjunction with our BasaFlex™ rebar. BasaMesh™ is designed for secondary and temperature shrinkage reinforcement. BasaMesh™ can also work in conjunction with the BasaFlex™ rebar or BasaMix™ for a total reinforcement program. Each of our products is specifically designed to extend the lifecycle of concrete products by eliminating “concrete spalling.” Spalling results from the steel reinforcing materials embedded within the concrete member rusting (contrary to popular belief, concrete is porous and water can permeate into concrete). Rusting leads to the steel expanding and eventually causing the surrounding concrete to delaminate, crack, or even break off, resulting in potential structural failure. We believe that each Basanite product addresses this important need along with other key requirements in today’s construction market. We believe that the following attributes of BasaFlex™ provide it with a competitive advantage in the marketplace: · BasaFlex™ never corrodes · BasaFlex™ is sustainable: · BasaFlex™ is “green”: BasaFlex™ · BasaFlex™ has a lower in-place cost (B) Liquidity and Management Plan Since inception, the Company has incurred net operating losses and used cash in operations. As of June 30, 2021, and December 31, 2020, respectively, the Company reported: · an accumulated deficit of $ 38,634,066 29,643,387 · a working capital deficiency of $ 2,813,038 1,901,875 · cash used in operations of $ 2,294,501 2,799,499 Losses have principally occurred as a result of the substantial resources required for product research and development and for marketing of the Company's products; including the general and administrative expenses associated with the organization. While we have generated relatively little revenue to date, we continue to receive inquiries from a range of customers for our products, indicating what we believe is a significant level of market interest for BasaFlex™. Some of these inquiries would be for very large potential orders for new, multi-year construction projects. Based on our current limited manufacturing capacity (which we plan to begin to expand with the net proceeds of our private placement offering described in note 13 below), these inquiries (if they lead to actual orders) would exceed our capability to deliver within the customer’s requested timeframe, and largely because of this, there is no guarantee that orders will actually be received. These conditions raise substantial doubt about the Company's ability to continue as a going concern. These condensed consolidated financial statements do not include any adjustments to reflect the possible future effect on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the outcome of these uncertainties. Management believes that the actions presently being taken to obtain additional funding and implement its strategic plan provides the opportunity for the Company to continue as a going concern. At June 30, 2021, the Company had cash of $ 77,400 259,505	NOTE 1 – ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (A) Description of Business On May 30, 2006, Basanite, Inc. was organized as a Nevada corporation. Basanite and its wholly owned subsidiaries are herein referred to as the "Company", “we”, “our”, or “us”. Currently based in Pompano Beach, Florida, the Company intends to manufacture concrete-reinforcing products made from basalt fiber reinforced polymers (“BFRP”), such as its primary product BasaFlex. This UV-stable, chemical, acid and moisture resistant material is sustainable and environmentally friendly and has been engineered to replace steel as it never rusts, therefore, addressing the industry’s current corrosion issues. The Company’s wholly owned subsidiary created in 2018, Basanite Industries, LLC (“BI”) manufactures BasaFlex™, a basalt fiber reinforced polymer rebar. BFRP rebar is a stronger, lighter, sustainable, non-conductive and non-corrosive alternative for traditional steel rebar and wire mesh. BI leases a fully permitted and Underwriters Laboratories (“UL”) approved 36,900 The manufacture of concrete reinforcement products made from continuous basalt fiber creates substantial benefits for the construction industry, including but not limited to, the following: · BasaFlex™ never rusts – steel reinforcement products rust, causing time and repair costs down the road; · BasaFlex™ is sustainable; with a longer lifecycle – production of our products results in exceptionally low carbon footprint when compared with steel. The lack of corrosion allows the “lifespan” of concrete products to be significantly longer; and · BasaFlex™ has a lower final, in place cost – the physical nature of our products relative to steel (4X lighter, easily transportable, “coil-able”, safer and easier to use) reduces the all-in cost of reinforcement when all factors are considered. (B) Liquidity and Management Plan Since inception, the Company has incurred net operating losses and used cash in operations. As of December 31, 2020 and 2019, respectively, the Company reported: · an accumulated deficit of approximately $ 29.6 25.4 · a working capital deficiency of approximately $ 1.9 1.9 · cash used in operations of approximately $ 2.8 2.3 Losses have principally occurred as a result of the substantial resources required for product research and development and for marketing of the Company's products; including the general and administrative expenses associated with the organization. At December 31, 2020, the Company had cash of $ 259,505 129,152 We have historically satisfied our working capital requirements through the sale of restricted common stock and the issuance of warrants and promissory notes. Until we are able to internally generate positive cash flow, we will attempt to fund working capital requirements through third party financing, including through private placement of our securities as well as bridge loan arrangements. However, a number of factors continue to hinder the Company’s ability to attract new capital investment. We cannot provide any assurances that the required capital will be obtained or that the terms of such required capital may be acceptable to us. If we are unable to obtain adequate financing, we may reduce our operating activities to reduce our cash use until sufficient funding is secured. These conditions raise substantial doubt about the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments to reflect the possible future effect on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the outcome of these uncertainties. Management believes that the actions presently being taken to obtain additional funding and implement its strategic plan provides the opportunity for the Company to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICY (A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is typically estimated on the grant date using the (B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC. All intercompany balances have been eliminated in consolidation. The Company’s operations are conducted primarily through Basanite Industries, LLC. Basalt America, LLC is currently inactive. (C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000 (D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. The Company’s inventory at June 30, 2021 and December 31, 2020 was comprised of: Schedule of Inventory June 30, December 31, 2020 (Unaudited) Finished goods $ 575,360 $ 305,550 Work in process 23,932 35,286 Raw materials 78,867 105,739 Total inventory $ 678,159 $ 446,575 (E) Fixed assets Fixed assets consist of the following: Schedule of Fixed Assets June 30, December 31, 2020 (Unaudited) Computer equipment $ 117,141 $ 15,780 Machinery 686,237 667,536 Leasehold improvements 163,882 161,579 Office furniture and equipment 71,292 71,292 Land improvements 7,270 7,270 Website development 2,500 2,500 Construction in process 382,915 234,950 Total fixed assets 1,431,237 1,160,907 Accumulated depreciation (204,797 ) (140,872 ) Total fixed assets, net $ 1,226,440 $ 1,020,035 Depreciation expense for the three and six months ended June 30, 2021, was $ 32,216 63,925 29,947 55,774 (F) Deposits and other current assets The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service. (G) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation June 30, December 31, 2020 (Unaudited) Options 4,727,778 4,542,500 Warrants 78,620,378 38,920,378 Convertible shares 173,579,371 112,233,406 256,927,527 155,696,284 (H) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement with Bridgeview Capital on July 9, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 350,000 350,000 0.23 80,500 The Company entered into a consulting agreement with Seth Shaw on October 13, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 0.23 57,500 The Company entered into a consulting agreement with Frederick Berndt on May 12, 2021 for capital markets advisory services in exchange for restricted warrants to purchase shares of common stock as compensation. The term of the agreement is for twelve months with the option for renewal for an additional six months as needed. If the Company agrees to renew every twelve months, 250,000 250,000 0.256 64,045 The Company entered into a consulting agreement with Integrous Communications on May 17, 2021 for investor communications services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal for an additional six months as needed. If the Company agrees to renew every six months, 300,000 300,000 0.299 89,700 On May 20, 2021, the Company issued 777,778 0.27 160,857 5 160,857 On May 20, 2021, the Company issued 500,000 0.28 102,923 5 102,923 The Company recognized $ 729,525 81,563	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is estimated on the grant date using the Black-Scholes pricing model. The Black-Scholes pricing model requires the input of highly subjective assumptions, including the fair value of the underlying common stock, the expected term of the option, the expected volatility of the price of our common stock, risk-free interest rates and the expected dividend yield of our common stock. The assumptions used to determine the fair value of the stock awards represent management’s best estimates. These estimates involve inherent (B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC, formerly known as Rockstar Acquisitions, LLC. All intercompany balances have been eliminated in consolidation. (C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000 (D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. During the year ended December 31, 2020, the Company recorded a loss related to obsolete inventory in the amount of $ 33,062 The Company’s inventory at December 31, 2020 and 2019 was comprised of: Schedule of Inventories December 31, December 31, 2019 Finished goods $ 305,550 $ 47,462 Work in process 35,286 — Raw materials 105,739 112,010 Total inventory $ 446,575 $ 159,472 (E) Fixed assets Fixed assets are stated at cost, subject to adjustments for impairment, less accumulated depreciation and amortization. Depreciation and amortization are computed using a straight-line method over the following estimated useful lives: Schedule of Depreciation and Amortization Periods for Fixed Assets Computer equipment 3 years Machinery 7 years Leasehold improvements 15 years or lease term Office furniture and equipment 5 years Land improvements 15 years Website development 3 years Maintenance and repairs are charged to expenses as incurred, and improvements to leased facilities and equipment are capitalized. Fixed assets consist of the following: Schedule of Fixed Assets December 31, December 31, 2019 Computer equipment $ 15,780 $ 7,268 Machinery 667,536 578,347 Leasehold improvements 161,579 137,217 Office furniture and equipment 71,292 62,926 Land improvements 7,270 7,270 Website development 2,500 27,275 Construction in process 234,950 — Total fixed assets 1,160,907 820,303 Accumulated depreciation (140,872 ) (48,307 ) Total fixed assets, net $ 1,020,035 $ 771,996 Depreciation expense for the year ended December 31, 2020 was $ 117,340 17,143 The Company’s long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the undiscounted future net cash flows expected to be generated by that asset. If the carrying amount of an asset exceeds its estimated future undiscounted cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the asset. (F) Deposits and other current asset The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service. The Company reclassified $ 31,173 (G) Accrued expenses The Company’s accrued expenses consist of the following: Schedule of Accrued Expenses December 31, December 31, 2019 Accrued payroll and taxes $ 76,031 $ 321,328 Accrued interest 88,147 98,091 Credit cards payable 4,752 49,715 Other accrued expenses 28,420 20,045 Total accrued expenses $ 197,350 $ 489,179 (H) Accrued legal liabilities The Company’s accrued legal liabilities consist of the following: Schedule of Accrued Legal Liability December 31, December 31, 2019 Accrued consulting fees $ 315,000 $ 315,000 Judgement payable 388,867 388,867 Accrued interest on judgement 105,260 86,739 Total accrued legal liability $ 809,127 $ 790,606 (I) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation December 31, December 31, 2019 Options 4,542,500 5,042,500 Warrants 38,920,378 29,849,761 Convertible shares 112,233,406 984,014 155,696,284 5,876,275 (J) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement on July 9, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 174,000 165,590 350,000 350,000 The Company entered into a consulting agreement on October 13, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 The Company used the Black Scholes valuation model to determine the fair value of the warrants and options issued, using the following key assumptions for the years ended December 31, 2020 and 2019: Schedule of Fair Value Assumptions 2020 2019 Expected price volatility — 118.66 152.63 % Risk-free interest rate — 2.32 2.41 % Expected life in years — 4 10 Dividend yield — — (K) Income Taxes The Company has not recorded any income tax expense or benefit for the years ended December 31, 2020 and 2019 due to its history of net operating losses. The provision for income taxes was calculated as a result of the following (in thousands): Schedule of Provision of Income Taxes December 31, 2020 2019 Federal tax at statutory rate $ (743 ) $ (823 ) State taxes, net of federal income tax benefit — (171 ) Change of valuation allowance 731 987 Non-deductible expenses and other 12 7 Provision for income tax $ — $ — The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows (in thousands): Schedule of Deferred Tax Assets and Liabilities December 31, 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 4,413 $ 3,610 Accruals and allowances 34 10 Stock-based compensation 1,070 1,059 Total deferred tax assets 5,517 4,679 Valuation allowance (5,517 ) (4,679 ) Total deferred tax assets net of valuation allowance — — Deferred tax liabilities: Property, equipment and intangible assets (180 ) (57 ) Total deferred tax liabilities (180 ) (57 ) Valuation allowance 180 57 Total deferred tax liabilities net of valuation allowance — — Net deferred tax assets $ — $ — As of December 31, 2020, the Company has a valuation allowance of approximately $ 5.3 21.0 0.7 8.0 13 2031 2037 Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined the Company had no uncertain income tax positions at December 31, 2020. The Company files income tax returns in the U.S. federal jurisdiction and Florida. The Company is subject to U.S. federal and Florida state tax examinations for certain years after 2018.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS Described below is a new accounting pronouncements issued or proposed by the FASB that has been adopted by the Company. Management does not believe this accounting pronouncement has had or will have a material impact on the Company’s consolidated financial position or operating results, except as disclosed below or in future filings of the Company. In August 2020, the FASB issued ASU No. 2020-06, Debt – Debt with Conversion and other Options (Subtopic 70-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s instruments by removing major separation models required under current accounting principles generally accepted in the United States of America (“U.S. GAAP”). ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exceptions and also simplifies the diluted earnings per share calculation in certain areas. The standard is effective for public business entities, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years and interim periods within those fiscal years beginning after December 15, 2021. The Company early adopted this standard on January 1, 2021. By no longer recording embedded conversion features separately from the convertible debt instrument, and instead as a single liability, the Company’s financial statements reflect a more simplified view of convertible debt instruments and cash interest expense that is believed to be more relevant than an imputed interest expense that results from the separation of conversion features previously required by U.S. GAAP. The adoption of this standard had no material effect on the Company's condensed consolidated financial statements as of June 30, 2021.	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS There are several new accounting pronouncements issued or proposed by the FASB. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe any of these accounting pronouncements has had or will have a material impact on the Company’s consolidated financial position or operating results. In August 2020, the FASB issued ASU No. 2020-06, Debt – Debt with Conversion and other Options (Subtopic 70-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s instruments by removing major separation models required under current U.S. GAAP. ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exceptions and also simplifies the diluted earnings per share calculation in certain areas. The standard is effective for public business entities, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years and interim periods within those fiscal years beginning after December 15, 2021. For all other entities, the standard will be effective for fiscal years beginning after December 12, 2023. Early adoption is permitted but no earlier than fiscal years beginning after December 15, 2020, and adoption must be as of the beginning of the Company’s annual fiscal year. The Company is currently evaluating the impact that adoption of this standard will have on its consolidated financial statements and related disclosures.

OPERATING LEASE

OPERATING LEASE	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Leases [Abstract]
OPERATING LEASE	NOTE 4 – OPERATING LEASE On January 18, 2019, the Company entered into an agreement to lease approximately 25,470 square feet of office and manufacturing space in Pompano Beach, Florida through March 2024. On March 25, 2019, the Company entered into an amendment to the agreement to increase the square footage of leased premises to 36,900 square feet, increasing the Company’s base rent obligation to be approximately $ 33,825 The right-of-use asset is composed of the sum of all remaining lease payments plus any initial direct costs and is amortized over the life of the expected lease term. For the expected term of the lease, the Company used the initial term of the five-year lease. If the Company does elect to exercise its option to extend the lease for another five years, that election will be treated as a lease modification and the lease will be reviewed for remeasurement. The future minimum lease payments to be made under the operating lease as of June 30, 2021, are: Schedule of Maturity of Operating Lease Liability 2021 $ 209,034 2022 427,484 2023 440,308 2024 110,888 Total minimum lease payments 1,187,714 Discount (221,887 ) Operating lease liability $ 965,827 Operating lease liabilities are based on the net present value of the remaining lease payments over the remaining lease term. In determining the present value of lease payments, the Company used the incremental borrowing rate based on the information available at the lease commencement date. As of June 30, 2021, the weighted-average remaining lease term is 3 15.0 107,117 107,595 214,036 215,183	NOTE 4 – OPERATING LEASE On January 18, 2019, the Company entered into an agreement to lease approximately 25,470 square feet of office and manufacturing space in Pompano Beach, Florida through March 2024. On March 25, 2019, the Company entered into an amendment to the agreement to increase the square footage of leased premises to 36,900 square feet, increasing the Company’s base rent obligation to be approximately $ 33,825 In accordance with ASC 842, on January 18, 2019, the Company entered into and recorded a lease right-of-use asset and a lease liability at a present value of $ 1,405,804 The future minimum lease payments to be made under the operating lease as of December 31, 2020 are: Schedule of Maturity of Operating Lease Liability 2021 $ 415,033 2022 427,484 2023 440,308 2024 110,884 Total minimum lease payments 1,393,709 Discount (300,032 ) Operating lease liability $ 1,093,677 Operating lease liabilities are based on the net present value of the remaining lease payments over the remaining lease term. In determining the present value of lease payments, the Company used the incremental borrowing rate based on the information available at the lease commencement date. As of December 31, 2020, the weighted-average remaining lease term is 3.25 15.0 429,022 423,121

NOTES PAYABLE _ CONVERTIBLE

NOTES PAYABLE – CONVERTIBLE	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Notes Payable Convertible
NOTES PAYABLE – CONVERTIBLE	NOTE 5 – NOTE PAYABLE – CONVERTIBLE Notes payable – convertible totaled $ 0 10,000 On August 3, 2020, the Company issued an unsecured convertible promissory note to an investor in exchange for $ 10,000 18 6 500,000 0.01 10,000 1,007 Interest expense for the Company’s convertible notes payable for the three and six months ended June 30, 2021 was $ 0 161 118,443 158,250 Accrued interest for the Company’s convertible notes payable on June 30, 2021 and December 31, 2020 was $ 0 760	NOTE 5 – NOTES PAYABLE – CONVERTIBLE Notes payable – convertible totaled $ 10,000 453,991 On October 22, 2015, the Company issued an unsecured promissory note in the principal amount of $ 300,000 7 0.35 190 5,000 274,575 258,524 102,176 0.175 2,061,143 121,607 On October 10, 2019, the Company entered into a Securities Purchase Agreement with Labrys Fund, LP (the investor) pursuant to which the investor purchased a 15 If the note is not repaid prior to the maturity date, the per share conversion price into which the principal amount and interest under the note may be converted is equal to the lesser of (i) 60% multiplied by the lowest trade price of the common stock during the 25 consecutive trading days ending on the latest complete trading day prior to the date of issuance of the note, and (ii) 60% multiplied by the lowest market price of the common stock during the 25 trading day period ending on the latest complete trading day prior to the conversion date. 338,000 300,000 33,800 4,200 1,300,000 0.10 262,389 24,389 April 16, 2020 1,300,000 21,666,666 On March 5, 2020, the Company issued a convertible promissory note to an accredited investor in exchange for $ 50,000 bearing an interest rate of 10 % per annum and payable in nine months. After June 5, 2020, the holder may convert the unpaid principal and interest balance of the note into shares of common stock, par value $ 0.001 per share, at the conversion rate equal to 80 % of the closing price on June 5, 2020 per share. At the time of conversion, the Company shall immediately also issue a five-year warrant to the holder to purchase an amount of warrants equal to the $ 50,000 divided by the conversion price of shares of common stock of the Company. The exercise price for such warrants shall be 3 times the conversion price. In addition, the warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above the warrant price times 190% for 20 consecutive trading days. The conversion price was determined to be $ 0.132 . A debt discount of $ 50,000 was recorded on the note payable at resolution of the contingent beneficial conversion feature. The noteholder converted the promissory note of $ 50,000 and accrued interest of $ 1,908 on July 21, 2020 in exchange for 393,246 restricted common shares and 126,263 five-year warrants with an exercise price of $ 0.396 per share. On April 13, 2020, the Company entered into several convertible promissory notes. The Company issued convertible notes payable in exchange for $ 100,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of the holders, the principal and accrued interest may be converted to shares of common stock at a conversion rate of $ 0.092 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.312 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.69 per share for 20 consecutive trading days. Upon issuance of the notes, the Company recorded debt discounts of $ 100,000 for the beneficial conversion features embedded in the notes. One of the noteholders converted their promissory note of $ 50,000 and accrued interest of $ 1,181 on June 26, 2020 in exchange for 556,313 restricted common shares and 556,313 five-year warrants with an exercise price of $ 0.312 per share. The remaining noteholders converted their promissory notes of $ 25,000 and accrued interest of $ 1,618 each on July 21, 2020. Each received in exchange for their notes 280,532 restricted common shares and 280,532 five-year warrants with an exercise price of $ 0.312 per share. On April 13, 2020, the Company issued a convertible promissory note to an accredited investor in exchange for $ 50,000 12 0.001 0.132 50,000 50,000 1,615 391,023 391,023 0.396 On May 27, 2020, the Company issued a convertible promissory note with an accredited investor in exchange for $ 60,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of holder, the principal may be converted to shares of common stock at a conversion rate of $ 0.11 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.33 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.825 per share for 20 consecutive trading days. Upon issuance of the note, the Company recorded a debt discount of $ 60,000 for the beneficial conversion features embedded in the note. The noteholder converted the promissory note on June 26, 2020 in exchange for 545,455 restricted common shares and 545,455 five-year warrants with an exercise price of $ 0.33 per share. Accrued interest of $ 552 was forgiven and reported as a gain on extinguishment of debt. On May 29, 2020, the Company issued a convertible promissory note with an accredited investor in exchange for $ 50,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of holder, the principal may be converted to shares of common stock at a conversion rate of $ 0.108 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.324 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.81 per share for 20 consecutive trading days. Upon issuance of the note, the Company recorded a debt discount of $ 50,000 for the beneficial conversion features embedded in the note. The noteholder converted the promissory note of $ 50,000 on June 26, 2020 in exchange for 462,963 restricted common shares and 462,963 five-year warrants with an exercise price of $ 0.324 per share. Accrued interest of $ 427 was forgiven and reported as a gain on extinguishment of debt. On June 1, 2020, the Company issued two convertible promissory notes with accredited investors in exchange for $ 100,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of holder, the principal may be converted to shares of common stock at a conversion rate of $ 0.096 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.288 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.72 per share for 20 consecutive trading days. Upon maturity, the Company shall have the option to convert the unpaid principal balance of the note under the same terms as above. Upon issuance of the notes, the Company recorded debt discounts of $ 100,000 for the beneficial conversion features embedded in the notes. The noteholders converted the promissory notes of $ 100,000 on December 1, 2020 in exchange for 520,834 restricted common shares and 520,834 five-year warrants with an exercise price of $ 0.288 per share each. Accrued interest of $ 5,986 was forgiven pursuant to the conversion terms of the notes. On August 3, 2020, the Company issued an unsecured convertible promissory note to an accredited investor in exchange for $ 10,000 18 February 3, 2021 0.001 500,000 0.01 10,000 1,007 Interest expense for the Company’s convertible notes payable was $ 64,093 51,015 760 86,520

NOTES PAYABLE _ CONVERTIBLE _ R

NOTES PAYABLE – CONVERTIBLE – RELATED PARTY	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Notes Payable Convertible Related Party
NOTES PAYABLE – CONVERTIBLE – RELATED PARTY	NOTE 6 – NOTE PAYABLE – CONVERTIBLE – RELATED PARTY 1,689,746 1,025,000 On August 3, 2020, the Company issued a secured convertible promissory note to certain investors in exchange for $ 1,000,000 20 6 500,000 0.01 This note contains a negative covenant that requires the Company to obtain consent prior to incurring any additional equity or debt investments and is secured by all of the assets of the Company. The Richard A. LoRicco Sr. and Lucille M. LoRicco Irrevocable Insurance Trust DTD 4/28/95, Louis Demaio as Trustee (the “Trust”) is the holder of $ 750,000 Ronald J. LoRicco Sr. does not have voting or investment control of or power over the Trust but is an anticipated, partial beneficiary of the Trust. On February 12, 2021, the Company exchanged the original debt for a newly issued amended and restated secured convertible promissory note with a new principal balance of $ 1,610,005 20 3 1,000,000 110,005 15,000,000 5 0.20 3,686,136 On May 12, 2021, the Company extended the debt for a newly issued amended and restated secured convertible promissory note with a new principal balance of $ 1,689,746 20 9 1,610,005 79,742 7,500,000 5 0.35 1,874,705 84,605 151,521 74,029 Accrued interest for the Company’s convertible notes payable – related parties on June 30, 2021, and December 31, 2020, was $ 46,048 86,574	NOTE 6 – NOTES PAYABLE – CONVERTIBLE – RELATED PARTY Notes payable – convertible – related party totaled $ 1,025,000 0 On April 13, 2020, the demand notes payable entered on January 16, 2020 for $ 50,000 each from related parties; Michael V. Barbera, our Board Chairman and an entity managed by Ronald J. LoRicco, Sr., a Board Member were exchanged for convertible notes. The notes were accounted for as an extinguishment and the convertible debt valued at fair value in accordance with ASC 470. Per the addendums, the interest rate of 10 % was increased to 12 % per annum. The modification also allowed for a conversion option for the holder after June 5, 2020. After June 5, 2020, the holder may convert the unpaid principal and interest balance of the note into shares of common stock, par value $ 0.001 per share, at the conversion rate equal to 80% of the closing price on June 5, 2020 per share. At the time of conversion, the Company shall immediately also issue a five-year warrant to the holder to purchase the same number of shares of common stock of the Company as the holder receives in such conversion. The exercise price for such warrants shall be 3 times the conversion price. In addition, the warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above the warrant price plus 150% for 20 consecutive trading days. The conversion price was determined to be $ 0.132 . Debt discounts of $ 100,000 were recorded on the notes payable at resolution of the contingent beneficial conversion feature. One noteholder converted the promissory note of $ 50,000 and accrued interest of $ 2,440 on June 26, 2020 in exchange for 397,269 restricted common shares and 397,269 five-year warrants with an exercise price of $ 0.396 per share. The other noteholder converted the promissory note of $ 50,000 and accrued interest of $ 2,826 on July 21, 2020 in exchange for 400,195 restricted common shares and 400,195 five-year warrants with an exercise price of $ 0.396 per share. On April 13, 2020, the Company issued a convertible promissory note with Michael V. Barbera, our Board Chairman, in exchange for $ 25,000 12 0.001 80 0.132 25,000 25,000 809 195,522 195,522 0.396 On April 13, 2020, the Company issued a convertible promissory note with an entity managed by Ronald J. LoRicco, Sr., a member of our Board of Directors, in exchange for $ 150,000 bearing an interest rate of 12 % per annum and payable in six months. After June 5, 2020, the holder may convert the unpaid principal and interest balance of the note into shares of common stock, par value $ 0.001 per share, at the conversion rate equal to 80 % of the closing price on June 5, 2020 per share. At the time of conversion, the Company shall immediately also issue a five-year warrant to the holder to purchase the same number of shares of common stock of the Company as the holder receives in such conversion. The exercise price for such warrants shall be 3 times the conversion price. In addition, the warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above the warrant price plus 150% for 20 consecutive trading days. The conversion price was determined to be $ 0.132 . A debt discount of $ 150,000 was recorded on the note payable at resolution of the contingent beneficial conversion feature. The noteholder converted the promissory note of $ 150,000 and accrued interest of $ 3,542 on June 26, 2020 in exchange for 1,163,201 restricted common shares and 1,163,201 five-year warrants with an exercise price of $ 0.396 per share. On August 3, 2020, the Company issued an unsecured convertible promissory note to Michael V. Barbera, the Chairman of the Board, in exchange for $ 25,000 18 0.001 500,000 0.01 25,000 2,518 On August 3, 2020, the Company issued a secured convertible promissory note to certain accredited investors in exchange for $ 1,000,000 20 February 3, 2021 The holder may convert the unpaid principal balance of the note into restricted common stock, par value $ 0.001 500,000 0.01 This note contains a negative covenant that requires the Company to obtain consent prior to incurring any additional equity or debt investments and is secured by all of the assets of the Company. The Richard A. LoRicco Sr. and Lucille M. LoRicco Irrevocable Insurance Trust DTD 4/28/95, Louis Demaio as Trustee (the “Trust”) is the holder of $ 750,000 Interest expense for the Company’s convertible notes payable – related parties was $ 93,736 4,704 86,574 0

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Notes Payable
NOTES PAYABLE	NOTE 7 – NOTE PAYABLE Notes payable totaled $ 787,412 128,021 9.67 26,665 On February 25, 2021, the Company entered a promissory note agreement with its bank to memorialize a $ 165,747 1.0 On April 2, 2021, the Company issued a promissory note with an investor in exchange for $ 200,000 18 1 2,000,000 0.20 5 On April 9, 2021, the Company issued a promissory note with an investor in exchange for $ 50,000 18 1 500,000 0.20 5 On April 16, 2021, the Company issued a promissory note with an investor, in exchange for $ 300,000 18 April 16, 2022 3,000,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 25,000 18 1 250,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 20,000 18 1 200,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 300,000 18 1 3,000,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 300,000 18 3,000,000 0.25 5 300,000 6,000,000 0.15 5 5,199 1,487,386 Interest expense for the Company’s notes payable for the three and six months ended June 30, 2021, was $ 29,802 30,177 2,025 3,986 Accrued interest for the Company’s notes payable on June 30, 2021, and December 31, 2020, was $ 24,540 0	NOTE 7 – NOTES PAYABLE Notes payable totaled $ 128,021 219,617 During the year ended December 31, 2018, the Company issued unsecured, 4 260,425 191,965 15,729 150,000 57,694 0.132 1,136,364 0.396 On September 3, 2019, the Company entered a financing arrangement with their landlord to borrow against their rent payments. The financing has an interest rate of 7 On March 30, 2020 and May 17, 2019, the Company entered financing arrangements to finance the insurance premiums for its liability coverage. The financings have an interest rate of 9.40 4,703 Due to the ongoing uncertainty about the severity and duration associated with the COVID-19 pandemic, the Company considered furloughing or eliminating employees and taking other measures to reduce operating costs until there is more certainty about the short-term and long-term effects of the COVID-19 pandemic on the nation’s economy and the Company’s business. On May 1, 2020, the Company entered a promissory note agreement with its bank in exchange for $ 123,318 1.0 123,318 Interest expense for the Company’s notes payable was $ 5,041 7,675 0 11,244

NOTES PAYABLE - RELATED PARTY

NOTES PAYABLE - RELATED PARTY	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Notes Payable - Related Party
NOTES PAYABLE - RELATED PARTY	NOTE 8 – NOTE PAYABLE - RELATED PARTY Notes payable - related party totaled $ 300,000 0 On April 2, 2021, the Company issued a promissory note with Paul Sallarulo, a member of our Board of Directors, in exchange for $ 150,000 18 1 1,500,000 0.20 5 On April 2, 2021, the Company issued a promissory note with Michael V. Barbera, our Chairman of the Board, in exchange for $ 150,000 18 1 1,500,000 0.20 5 Interest expense for the Company’s notes payable – related party for the three and six months ended June 30, 2021, was $ 13,335 364 2,455 Accrued interest for the Company’s notes payable - related party on June 30, 2021, and December 31, 2020, was $ 13,335 0	NOTE 8 – NOTES PAYABLE - RELATED PARTY Notes payable – related party totaled $ 0 On January 16, 2020, the Company entered into a demand note agreement with our Board Chairman, Michael V. Barbera, in the amount of $ 50,000 6 10 12 20 On January 16, 2020, the Company entered into a demand note agreement with an entity managed by Ronald J. LoRicco, Sr., a member of our Board of Directors, in the amount of $ 50,000 6 10 12 20 Interest expense for the Company’s notes payable – related party was $ 2,455 2,926 0 0

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9 – COMMITMENTS AND CONTINGENCIES Supplier Agreement MEP Consulting Engineers, Inc. On July 23, 2020, the Company entered into an Exclusive Supplier Agreement with MEP Consulting Engineers, Inc. (“MEP”) of Miami, Florida. MEP engaged the Company as its sole and exclusive supplier and producer of basalt fiber reinforced polymer (“BFRP”) rebar, with the intent of developing a proprietary rebar to be named “Hurricane Bar.” The agreement also provides MEP with exclusive distribution rights to the Company’s BasaFlex™ BFRP rebar and other Company products in Miami-Dade County. The agreement is targeting substantial volumes of South Florida construction projects in the works, which is expected to generate material revenues over the 5 5,000,000 5 The Company did not produce product under this contract for the period ending June 30, 2021. CR Business Consultants, Inc On October 22, 2020, the Company entered into an Exclusive Supplier Agreement with CR Business Consultants, Inc. (“CRBC”). CRBC agreed to utilize the Company as its exclusive supplier for all Company products, and the Company has granted CRBC exclusive distribution rights of the Company’s products in the Republic of Costa Rica and the Republic of Panama. Furthermore, CRBC has key relationships that could be a source of additional customers for the Company in other territories with no geographic restrictions. The agreement is targeting multiple large projects in Costa Rica, to include the rebuilding of the Port of Limon, which Basanite has been specified. The recognized construction projects are expected to produce material revenues over the 5 5,000,000 5 The Company did not produce product under this contract for the period ending June 30, 2021. Legal Matters In the ordinary course of operations, the Company may become a party to legal proceedings. Based upon information currently available, management believes that such legal proceedings, individually or in the aggregate, will not have a material adverse effect on the Company's business, financial condition, cash flows, or results of operations except as provided below. CalSTRS Judgement On March 31, 2014, the Company received a “Notice of Default” letter from legal counsel representing the California State Teachers Retirement System (“CalSTRS”) (the landlord for the Company’s office space) alerting that the Company was in default of its lease for failure to pay monthly rent for the office space located at 2400 East Commercial Boulevard, Suite 612, Fort Lauderdale, Florida 33304. The letter demanded immediate payment of $ 41,937 376,424 12,442 388,866 4.75 114,419 105,260 RAW Materials Litigation On or about August 28, 2018, Raw Energy Materials Corp. (“Raw Energy”) filed an action for declaratory relief and breach of contract in Broward County, Florida, in the 17 th A mediation was scheduled on March 4, 2021, which resulted in an impasse. Negotiations were continued, and on April 14, 2021, Basanite, Inc. entered into a settlement and release agreement with RAW, LLC (“RAW”), Donald R. Smith, YellowTurtle and Elina B. Jenkins among others. The settlement agreement provides for, among other things, the following: (i) a dismissal of the legal action as to the above-referenced parties and their owners, agents, affiliated companies, successors and assigns, having Case Number 18-020596 (21) in the Seventeenth Judicial Circuit Court in and for Broward County, Florida (the “Litigation”) upon the Company’s timely purchase of the shares as set forth in the next paragraph below and (ii) mutual general releases for the above-referenced parties relating to the Litigation upon the Company’s timely purchase of the shares as set forth in the next paragraph below. Simultaneously with the execution of the settlement agreement settling the litigation in full and release of all claims among the parties, the Company entered into stock purchase agreements with both RAW and YellowTurtle to repurchase the 10,000,000 1,212,121 6,500,000 787,879 2,000,000 320,037	NOTE 9 – COMMITMENTS AND CONTINGENCIES Legal Matters In the ordinary course of operations, the Company may become a party to legal proceedings. Based upon information currently available, management believes that such legal proceedings, individually or in the aggregate, will not have a material adverse effect on the Company's business, financial condition, cash flows, or results of operations except as provided below. CalSTRS Judgement On March 31, 2014, the Company received a “Notice of Default” letter from legal counsel representing the California State Teachers Retirement System (“CalSTRS”) (the landlord for the Company’s office space) alerting that the Company was in default of its lease for failure to pay monthly rent for the office space located at 2400 East Commercial Boulevard, Suite 612, Fort Lauderdale, FL 33304. The letter demanded immediate payment of $ 41,937 376,424 12,442 388,866 4.75 105,260 HLM Paymeon Storefront Damage Settlement On December 15, 2016, a third-party driver drove his car through the Company’s retail storefront located at 2599 N. Federal Highway, Fort Lauderdale, FL 33305. The accident caused severe damage to the building causing the city of Fort Lauderdale to declare the building an unsafe structure. The Company was forced to vacate the premises, therefore, terminating the lease. The damaged storefront and terminated lease effectively terminated the business. On August 3, 2017, the Company filed a complaint with the Circuit Court of the 17 th 125,000 70,817 RAW Materials Litigation On or about August 28, 2018, Raw Energy Materials Corp. filed an action for declaratory relief and breach of contract in Broward County, Florida, in the 17 th An Amended Complaint was filed on or about December 19, 2018 adding Basanite Industries, LLC as a defendant, as well as an alleged claim under Florida Statute Section 501.201 and for injunction. The Company continues to contest plaintiff's claims vigorously. The Company filed and has pending an amended counterclaim for Breach of Contract, Fraud and Civil Conspiracy against Raw Energy affiliates, including Don Smith, his longtime girlfriend Elina Jenkins, Global Energy Sciences, LLC, Yellow Turtle Design, LLC, as well as former business affiliates/associates to Don Smith, Richard Laurin and Robert Ludwig. The defendants responded with a Motion to Dismiss, which was later denied. The nature of the dispute is based on representations (or misrepresentations) the Company alleges were made to it, as well as breaches of the terms of a licensing agreement, related consulting and other agreements, and failures and refusals of Plaintiff and Don Smith related entities to deliver equipment/machinery and goods paid for by the Company or its affiliates. As it became apparent that the subject license agreement was effectively worthless and moot to the Company, and the purported and promised trade secrets and intellectual property were essentially non-existent, the Company and Plaintiff agree to an order terminating that license agreement, which resulted in the Agreed Order dated January 28, 2019. The parties continue to litigate damages arising from the dispute. A mediation was scheduled on March 4, 2021 which resulted in an impasse. Negotiations towards a settlement are ongoing. Lustig Litigation In reviewing court records recently in late 2020, counsel for the Company found names of its affiliates in a case filed in 2018 by Stephen Lustig against one of the Company's shareholders. The Company and its affiliates were not served or made a party to that case; and were listed as an attempt by Mr. Lustig to execute, attach or foreclosure on the defendant shareholder's stock in the Company. The Company did not breach any agreement and was not engaged in any wrongdoing. The Company was informed that the subject shareholder had made contact with Mr. Lustig and obtained a resolution between them; a voluntary dismissal was filed on January 4, 2021. To our knowledge, we are not currently subject to any other legal proceedings. Supplier Agreement MEP Consulting Engineers, Inc. On July 23, 2020, the Company entered into an Exclusive Supplier Agreement with MEP Consulting Engineers, Inc. (“MEP”) of Miami, FL. MEP engaged the Company as its sole and exclusive supplier for production of MEP’s proprietary “Hurricane Bar,” a BFRP reinforcing bar product owned by MEP. The agreement also provides MEP with exclusive distribution rights to the Company’s BasaFlex TM The agreement allows for MEP or its designated customers to place orders from time to time for up to the total value of $50,000,000 over the 5-year period. As compensation, MEP was provided the ability to exercise options to purchase a total of 5,000,000 restricted common shares of the Company, over the 5 years from the supplier agreement effective date, tied to sales performance. This option shall automatically expire after the end of the option period. An extension period is available through specific clauses in the agreement. To date, the compensation portion of the agreement has not been fully executed. CR Business Consultants, Inc. On October 22, 2020, the Company entered into an Exclusive Supplier Agreement with CR Business Consultants, Inc. (“CRBC”). CRBC agreed to utilize the Company as its exclusive supplier for all Basanite products, and the Company has granted CRBC exclusive distribution rights of the Company’s products in the Republic of Costa Rica and the and Republic of Panama. CRBC also has non-exclusive distribution rights in the Republic of El Salvador; Belize; the Republic of Guatemala; the Republic of Honduras; and the Republic of Nicaragua; Argentina, Plurinational State of Bolivia, Federative Republic of Brazil, Republic of Chile, Republic of Colombia, Republic of Ecuador, Co-operative Republic of Guyana, Republic of Paraguay, Republic of Peru, Republic of Suriname, Oriental Republic of Uruguay, Bolivarian Republic of Venezuela, and a part of France, French Guiana; and the Kingdom of the Netherlands; the Falkland; and the Republic of Trinidad and Tobago. Furthermore, CRBC can introduce additional customers to Basanite from other territories with no geographic restrictions, and where sales to such customers will be included under Terms of the Agreement. The agreement allows for CRBC or its designated customers to place orders from time to time for up to a total value of $ 50,000,000 5 5,000,000 5

STOCKHOLDERS_ DEFICIT

STOCKHOLDERS’ DEFICIT	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Equity [Abstract]
STOCKHOLDERS’ DEFICIT	NOTE 10 – STOCKHOLDERS’ DEFICIT On May 21, 2021, the Company converted a $ 300,000 6,000,000 1,487,386 On June 10, 2021, 600,000 138,000 On June 10, 2021, 300,000 89,700 The Company issued 735,669 1,185,669 241,776 331,776 6,040,614 616,667	NOTE 10 – STOCKHOLDERS’ DEFICIT In April 2020, the Company issued 4,166,667 .001 416,667 4,000,000 0.30 16,667 0.40 Additionally, 1,300,000 In June 2020, the Company received $ 200,000 912,409 .001 0.1096 961,538 .001 0.104 greater of: (a) three times the purchase price for the common shares pursuant to the subscription agreement; or th On August 5, 2020, an accredited investor received 163,043 163,043 0.54 30,000 On September 25, 2020, an accredited investor exercised his warrants at an exercise price of $ 0.075 500,000 37,500 On September 28, 2020, the Company received $ 90,000 300,000 300,000 90,000 On October 14, 2020, an accredited investor received 166,667 50,000 On October 16, 2020, 600,000 174,000 On October 27, 2020, an accredited investor received 133,333 40,000 On November 10, 2020, the Board of Directors approved offering the current holders of our warrants a discounted exercise price to their current exercise price if they exercised the warrant within a certain time period. The offer to the current holders of our warrant commenced on November 10, 2020 and extended through December 4, 2020 providing warrants holders with declining discounts on their exercise price per share in an effort to raise the capital required. In December, the Company issued 6,590,340 612,576 1,601,632 320,325 663,501 During the year ended December 31, 2020, the Company issued 8,385,289 1,142,992 7,110,340 654,076 9,305,426 1,104,476 600,000 1,300,000

OPTIONS AND WARRANTS

OPTIONS AND WARRANTS	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
OPTIONS AND WARRANTS	NOTE 11 – OPTIONS AND WARRANTS Stock Options: The following table summarizes all option grants outstanding to consultants, directors, and employees as of June 30, 2021, and December 31, 2020, and the related changes during these periods are presented below. Schedule of Summary of Options and Warrants Assumptions to Estimate Fair Value of Options Granted June 30, December 31, Options outstanding and exercisable 4,727,778 4,542,500 Weighted-average exercise price $ 0.36 $ 0.41 Aggregate intrinsic value $ 579,494 118,148 Weighted-average remaining contractual term (years) 4.19 3.86 The Company uses the “straight-line” attribution method for allocating compensation costs of each stock option over the requisite service period using the Black-Scholes Option Pricing Model to calculate the grant date fair value. During the six months ended June 30, 2021, 1,092,500 1,277,778 Stock Warrants: The following table summarizes all warrant grants outstanding to consultants, directors and employees as well as investors as of June 30, 2021, and December 31, 2020, and the related changes during these periods are presented below. Schedule of Summary of Options and Warrants Assumptions to Estimate Fair Value of Options Granted June 30, December 31, Warrants outstanding and exercisable 78,620,378 38,920,378 Weighted-average exercise price $ 0.25 $ 0.27 Aggregate intrinsic value $ 15,067,991 $ 2,973,660 Weighted-average remaining contractual term (years) 3.86 3.37 During the six months ended June 30, 2021, 40,700,000 5 1,000,000 During the three months ended June 30, 2021, and 2020, total stock-based compensation expense amounted to $ 482,953 0 During the six months ended June 30, 2021, and 2020, total stock-based compensation expense amounted to $ 647,963 0	NOTE 11 – OPTIONS AND WARRANTS Stock Options: The following table provides the activity in options for the respective periods: Schedule of Activity in Options and Warrants Total Options Outstanding Weighted Average Exercise Price Aggregate Intrinsic Value Balance at January 1, 2019 2,587,500 $ 0.35 $ — Issued 2,500,000 0.25 Cancelled (45,000 ) (0.25 ) Balance at December 31, 2019 5,042,500 $ 0.40 $ — Cancelled (500,000 ) (0.25 ) Balance at December 31, 2020 4,542,500 $ 0.41 $ 118,148 Options exercisable and outstanding at December 31, 2020 are as follows: Schedule of Options and Warrants Exercisable and Outstanding Weighted Average Range of Remaining Weighted Average Aggregate Exercise Prices Number Outstanding Contractual Life (Years) Exercise Price Intrinsic Value $0.01 - $0.50 2,002,500 2.66 $0.25 $ 118,148 $0.51 - $1.00 2,540,000 4.80 $0.54 — 4,542,500 $ 118,148 Stock Warrants: The following table provides the activity in warrants for the respective periods: Schedule of Activity in Options and Warrants Total Warrants Weighted Average Exercise Price Aggregate Intrinsic Value Balance at January 1, 2019 18,025,000 $ 0.24 $ — Granted 31,535,475 0.12 Exercised (19,710,714 ) 0.07 Balance at December 31, 2019 29,849,761 $ 0.23 $ 1,956,750 Granted 17,180,957 0.31 Exercised (7,110,340 ) 0.09 Cancelled (1,000,000 ) — Balance at December 31, 2020 38,920,378 $ 0.27 $ 2,973,660 Warrants exercisable and outstanding at December 31, 2020 are as follows: Schedule of Options and Warrants Exercisable and Outstanding Weighted Average Range of Remaining Weighted Average Aggregate Exercise Prices Number Outstanding Contractual Life (Years) Exercise Price Intrinsic Value $0.01 - $0.50 36,429,835 3.46 $0.24 $2,973,660 $0.51 - $1.00 2,490,543 2.10 $0.60 — 38,920,378 $2,973,660 During the year ended December 31, 2020, warrants to purchase 500,000 0.075 37,500 6,610,340 50 616,576 654,076 7,110,340 The Company entered into a consulting agreement on December 15, 2020 for services in exchange for payment in cash and cashless warrants for the purchase of restricted common stock as compensation for the consulting services. The term of the agreement is for three months with the option for renewal quarterly. Upon execution of the agreement, $ 7,500 250,000 0.30 7,500 During the years ended December 31, 2020 and 2019, total stock-based compensation expense amounted to $ 165,590 1,701,316 8,410

RELATED PARTIES

RELATED PARTIES	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTIES	NOTE 12 – RELATED PARTIES In addition to those transactions discussed in Notes 5 and 7, the Company had the following related party transactions. Issuance of notes payable - related parties, totaling $ 100,000	NOTE 12 – RELATED PARTIES In addition to those transactions discussed in Notes 6 and 8, the Company had the following related party transactions. During the week of November 20, 2020, during the discounted warrant event whereby accredited investors could exercise their outstanding warrants at 50 2,000,000 0.075 75,000 0.0375 1,000,000 0.075 37,500 0.0375 exercised 1,163,201 0.396 230,314 0.198 11,632 0.20 2,326

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 13 – SUBSEQUENT EVENTS On July 7, 2021, the Company issued a promissory note with an entity managed by Ronald J. LoRicco, Sr., a member of our Board of Directors, in exchange for $ 50,000 10 July 23, 2021 On July 7, 2021, the Company issued a promissory note with Michael V. Barbera, our Chairman of the Board, in exchange for $ 50,000 10 July 23, 2021 On July 9, 2021, 600,000 On July 15, 2021, the Company issued a promissory note with David Anderson, our Chief Operating Officer, in exchange for $ 20,000 10 July 23, 2021 August 18, 2021 On July 26, 2021, the Company issued a promissory note with David Anderson, our Chief Operating Officer, in exchange for $ 30,500 10 August 2, 2021 On July 27, 2021, the Company issued a promissory note with Simon Kay, our Interim Acting Chief Executive Officer and Principal Financial Officer, in exchange for $ 10,000 10 August 3, 2021 On August 17, 2021, the Company conducted the closing (the “Closing”) of a private placement offering to accredited investors (the “Offering”) of the Company’s units (the “Units”) at a price of $0.275 per Unit, with each Unit consisting of: (i) one (1) share of the Company’s common stock, (ii) a five-year, immediately exercisable warrant (“Warrant A”) to purchase one (1) share of common stock at an exercise price of $0.33 per share (“Exercise Price”) and (iii) an additional five-year, immediately exercisable warrant to purchase one (1) share of common stock at the Exercise Price (“Warrant B”). The Warrant A and Warrant B are identical, except that the Warrant B has a call feature in favor of the Company. In connection with the Closing, the Company entered into definitive securities purchase agreements with 17 accredited investors and issued an aggregate of 19,398,144 5,334,490 The net proceeds of the Offering (approximately $ 4,770,000	NOTE 13 – SUBSEQUENT EVENTS On January 4, 2021, the Small Business Administration forgave the promissory note of $ 123,381 825 On January 11, 2021, 600,000 174,000 On January 26, 2021, an accredited investor exercised 1,000,000 0.1235 123,500 On January 26, 2021, the Company issued the 200,000 40,000 On February 11, 2021, the Company issued 250,000 50,000 On February 12, 2021, the Company issued an amended and restated secured convertible promissory note to certain accredited investors in exchange for $ 1,610,005 20 1,000,000 110,005 500,000 15,000,000 0.20 20 May 12, 2021 0.001 500,000 0.01 3,000,000 1,207,504 11,250,000 15,000,000 On February 25, 2021, the Company entered a promissory note agreement with its bank in exchange for $ 165,747 1.0 On March 29, 2021, an accredited investor purchased 127,128 23,900 In March of 2021, the Company received the first prototype of its customized next generation pultrusion manufacturing system. This “BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM · BasaMax TM Integration and installation of this new equipment also requires changes and upgrades to our facility, which in turn require significant capital. However, a number of factors continue to hinder the Company’s ability to attract new capital investment. Because the Company is currently experiencing a scarcity of working capital on top of the funding needed for the facility upgrades, the Company has temporarily scaled back operations and issued temporary furloughs to certain employees to conserve its cash. No assurances can be given that the Company will be successful in raising future capital.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICY	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICY	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICY (A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is typically estimated on the grant date using the (B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC. All intercompany balances have been eliminated in consolidation. The Company’s operations are conducted primarily through Basanite Industries, LLC. Basalt America, LLC is currently inactive. (C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000 (D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. The Company’s inventory at June 30, 2021 and December 31, 2020 was comprised of: Schedule of Inventory June 30, December 31, 2020 (Unaudited) Finished goods $ 575,360 $ 305,550 Work in process 23,932 35,286 Raw materials 78,867 105,739 Total inventory $ 678,159 $ 446,575 (E) Fixed assets Fixed assets consist of the following: Schedule of Fixed Assets June 30, December 31, 2020 (Unaudited) Computer equipment $ 117,141 $ 15,780 Machinery 686,237 667,536 Leasehold improvements 163,882 161,579 Office furniture and equipment 71,292 71,292 Land improvements 7,270 7,270 Website development 2,500 2,500 Construction in process 382,915 234,950 Total fixed assets 1,431,237 1,160,907 Accumulated depreciation (204,797 ) (140,872 ) Total fixed assets, net $ 1,226,440 $ 1,020,035 Depreciation expense for the three and six months ended June 30, 2021, was $ 32,216 63,925 29,947 55,774 (F) Deposits and other current assets The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service. (G) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation June 30, December 31, 2020 (Unaudited) Options 4,727,778 4,542,500 Warrants 78,620,378 38,920,378 Convertible shares 173,579,371 112,233,406 256,927,527 155,696,284 (H) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement with Bridgeview Capital on July 9, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 350,000 350,000 0.23 80,500 The Company entered into a consulting agreement with Seth Shaw on October 13, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 0.23 57,500 The Company entered into a consulting agreement with Frederick Berndt on May 12, 2021 for capital markets advisory services in exchange for restricted warrants to purchase shares of common stock as compensation. The term of the agreement is for twelve months with the option for renewal for an additional six months as needed. If the Company agrees to renew every twelve months, 250,000 250,000 0.256 64,045 The Company entered into a consulting agreement with Integrous Communications on May 17, 2021 for investor communications services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal for an additional six months as needed. If the Company agrees to renew every six months, 300,000 300,000 0.299 89,700 On May 20, 2021, the Company issued 777,778 0.27 160,857 5 160,857 On May 20, 2021, the Company issued 500,000 0.28 102,923 5 102,923 The Company recognized $ 729,525 81,563	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is estimated on the grant date using the Black-Scholes pricing model. The Black-Scholes pricing model requires the input of highly subjective assumptions, including the fair value of the underlying common stock, the expected term of the option, the expected volatility of the price of our common stock, risk-free interest rates and the expected dividend yield of our common stock. The assumptions used to determine the fair value of the stock awards represent management’s best estimates. These estimates involve inherent (B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC, formerly known as Rockstar Acquisitions, LLC. All intercompany balances have been eliminated in consolidation. (C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000 (D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. During the year ended December 31, 2020, the Company recorded a loss related to obsolete inventory in the amount of $ 33,062 The Company’s inventory at December 31, 2020 and 2019 was comprised of: Schedule of Inventories December 31, December 31, 2019 Finished goods $ 305,550 $ 47,462 Work in process 35,286 — Raw materials 105,739 112,010 Total inventory $ 446,575 $ 159,472 (E) Fixed assets Fixed assets are stated at cost, subject to adjustments for impairment, less accumulated depreciation and amortization. Depreciation and amortization are computed using a straight-line method over the following estimated useful lives: Schedule of Depreciation and Amortization Periods for Fixed Assets Computer equipment 3 years Machinery 7 years Leasehold improvements 15 years or lease term Office furniture and equipment 5 years Land improvements 15 years Website development 3 years Maintenance and repairs are charged to expenses as incurred, and improvements to leased facilities and equipment are capitalized. Fixed assets consist of the following: Schedule of Fixed Assets December 31, December 31, 2019 Computer equipment $ 15,780 $ 7,268 Machinery 667,536 578,347 Leasehold improvements 161,579 137,217 Office furniture and equipment 71,292 62,926 Land improvements 7,270 7,270 Website development 2,500 27,275 Construction in process 234,950 — Total fixed assets 1,160,907 820,303 Accumulated depreciation (140,872 ) (48,307 ) Total fixed assets, net $ 1,020,035 $ 771,996 Depreciation expense for the year ended December 31, 2020 was $ 117,340 17,143 The Company’s long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the undiscounted future net cash flows expected to be generated by that asset. If the carrying amount of an asset exceeds its estimated future undiscounted cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the asset. (F) Deposits and other current asset The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service. The Company reclassified $ 31,173 (G) Accrued expenses The Company’s accrued expenses consist of the following: Schedule of Accrued Expenses December 31, December 31, 2019 Accrued payroll and taxes $ 76,031 $ 321,328 Accrued interest 88,147 98,091 Credit cards payable 4,752 49,715 Other accrued expenses 28,420 20,045 Total accrued expenses $ 197,350 $ 489,179 (H) Accrued legal liabilities The Company’s accrued legal liabilities consist of the following: Schedule of Accrued Legal Liability December 31, December 31, 2019 Accrued consulting fees $ 315,000 $ 315,000 Judgement payable 388,867 388,867 Accrued interest on judgement 105,260 86,739 Total accrued legal liability $ 809,127 $ 790,606 (I) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation December 31, December 31, 2019 Options 4,542,500 5,042,500 Warrants 38,920,378 29,849,761 Convertible shares 112,233,406 984,014 155,696,284 5,876,275 (J) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement on July 9, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 174,000 165,590 350,000 350,000 The Company entered into a consulting agreement on October 13, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 The Company used the Black Scholes valuation model to determine the fair value of the warrants and options issued, using the following key assumptions for the years ended December 31, 2020 and 2019: Schedule of Fair Value Assumptions 2020 2019 Expected price volatility — 118.66 152.63 % Risk-free interest rate — 2.32 2.41 % Expected life in years — 4 10 Dividend yield — — (K) Income Taxes The Company has not recorded any income tax expense or benefit for the years ended December 31, 2020 and 2019 due to its history of net operating losses. The provision for income taxes was calculated as a result of the following (in thousands): Schedule of Provision of Income Taxes December 31, 2020 2019 Federal tax at statutory rate $ (743 ) $ (823 ) State taxes, net of federal income tax benefit — (171 ) Change of valuation allowance 731 987 Non-deductible expenses and other 12 7 Provision for income tax $ — $ — The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows (in thousands): Schedule of Deferred Tax Assets and Liabilities December 31, 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 4,413 $ 3,610 Accruals and allowances 34 10 Stock-based compensation 1,070 1,059 Total deferred tax assets 5,517 4,679 Valuation allowance (5,517 ) (4,679 ) Total deferred tax assets net of valuation allowance — — Deferred tax liabilities: Property, equipment and intangible assets (180 ) (57 ) Total deferred tax liabilities (180 ) (57 ) Valuation allowance 180 57 Total deferred tax liabilities net of valuation allowance — — Net deferred tax assets $ — $ — As of December 31, 2020, the Company has a valuation allowance of approximately $ 5.3 21.0 0.7 8.0 13 2031 2037 Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined the Company had no uncertain income tax positions at December 31, 2020. The Company files income tax returns in the U.S. federal jurisdiction and Florida. The Company is subject to U.S. federal and Florida state tax examinations for certain years after 2018.

NOTE PAYABLE _ CONVERTIBLE

NOTE PAYABLE – CONVERTIBLE	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Note Payable Convertible
NOTE PAYABLE – CONVERTIBLE	NOTE 5 – NOTE PAYABLE – CONVERTIBLE Notes payable – convertible totaled $ 0 10,000 On August 3, 2020, the Company issued an unsecured convertible promissory note to an investor in exchange for $ 10,000 18 6 500,000 0.01 10,000 1,007 Interest expense for the Company’s convertible notes payable for the three and six months ended June 30, 2021 was $ 0 161 118,443 158,250 Accrued interest for the Company’s convertible notes payable on June 30, 2021 and December 31, 2020 was $ 0 760	NOTE 5 – NOTES PAYABLE – CONVERTIBLE Notes payable – convertible totaled $ 10,000 453,991 On October 22, 2015, the Company issued an unsecured promissory note in the principal amount of $ 300,000 7 0.35 190 5,000 274,575 258,524 102,176 0.175 2,061,143 121,607 On October 10, 2019, the Company entered into a Securities Purchase Agreement with Labrys Fund, LP (the investor) pursuant to which the investor purchased a 15 If the note is not repaid prior to the maturity date, the per share conversion price into which the principal amount and interest under the note may be converted is equal to the lesser of (i) 60% multiplied by the lowest trade price of the common stock during the 25 consecutive trading days ending on the latest complete trading day prior to the date of issuance of the note, and (ii) 60% multiplied by the lowest market price of the common stock during the 25 trading day period ending on the latest complete trading day prior to the conversion date. 338,000 300,000 33,800 4,200 1,300,000 0.10 262,389 24,389 April 16, 2020 1,300,000 21,666,666 On March 5, 2020, the Company issued a convertible promissory note to an accredited investor in exchange for $ 50,000 bearing an interest rate of 10 % per annum and payable in nine months. After June 5, 2020, the holder may convert the unpaid principal and interest balance of the note into shares of common stock, par value $ 0.001 per share, at the conversion rate equal to 80 % of the closing price on June 5, 2020 per share. At the time of conversion, the Company shall immediately also issue a five-year warrant to the holder to purchase an amount of warrants equal to the $ 50,000 divided by the conversion price of shares of common stock of the Company. The exercise price for such warrants shall be 3 times the conversion price. In addition, the warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above the warrant price times 190% for 20 consecutive trading days. The conversion price was determined to be $ 0.132 . A debt discount of $ 50,000 was recorded on the note payable at resolution of the contingent beneficial conversion feature. The noteholder converted the promissory note of $ 50,000 and accrued interest of $ 1,908 on July 21, 2020 in exchange for 393,246 restricted common shares and 126,263 five-year warrants with an exercise price of $ 0.396 per share. On April 13, 2020, the Company entered into several convertible promissory notes. The Company issued convertible notes payable in exchange for $ 100,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of the holders, the principal and accrued interest may be converted to shares of common stock at a conversion rate of $ 0.092 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.312 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.69 per share for 20 consecutive trading days. Upon issuance of the notes, the Company recorded debt discounts of $ 100,000 for the beneficial conversion features embedded in the notes. One of the noteholders converted their promissory note of $ 50,000 and accrued interest of $ 1,181 on June 26, 2020 in exchange for 556,313 restricted common shares and 556,313 five-year warrants with an exercise price of $ 0.312 per share. The remaining noteholders converted their promissory notes of $ 25,000 and accrued interest of $ 1,618 each on July 21, 2020. Each received in exchange for their notes 280,532 restricted common shares and 280,532 five-year warrants with an exercise price of $ 0.312 per share. On April 13, 2020, the Company issued a convertible promissory note to an accredited investor in exchange for $ 50,000 12 0.001 0.132 50,000 50,000 1,615 391,023 391,023 0.396 On May 27, 2020, the Company issued a convertible promissory note with an accredited investor in exchange for $ 60,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of holder, the principal may be converted to shares of common stock at a conversion rate of $ 0.11 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.33 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.825 per share for 20 consecutive trading days. Upon issuance of the note, the Company recorded a debt discount of $ 60,000 for the beneficial conversion features embedded in the note. The noteholder converted the promissory note on June 26, 2020 in exchange for 545,455 restricted common shares and 545,455 five-year warrants with an exercise price of $ 0.33 per share. Accrued interest of $ 552 was forgiven and reported as a gain on extinguishment of debt. On May 29, 2020, the Company issued a convertible promissory note with an accredited investor in exchange for $ 50,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of holder, the principal may be converted to shares of common stock at a conversion rate of $ 0.108 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.324 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.81 per share for 20 consecutive trading days. Upon issuance of the note, the Company recorded a debt discount of $ 50,000 for the beneficial conversion features embedded in the note. The noteholder converted the promissory note of $ 50,000 on June 26, 2020 in exchange for 462,963 restricted common shares and 462,963 five-year warrants with an exercise price of $ 0.324 per share. Accrued interest of $ 427 was forgiven and reported as a gain on extinguishment of debt. On June 1, 2020, the Company issued two convertible promissory notes with accredited investors in exchange for $ 100,000 bearing an interest rate of 12 % per annum and payable in six months. At the option of holder, the principal may be converted to shares of common stock at a conversion rate of $ 0.096 per share. At the time of conversion, the Company shall immediately also issue an equal amount of five-year warrants to purchase common stock of the Company, at an exercise price of $ 0.288 per share. The warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above $ 0.72 per share for 20 consecutive trading days. Upon maturity, the Company shall have the option to convert the unpaid principal balance of the note under the same terms as above. Upon issuance of the notes, the Company recorded debt discounts of $ 100,000 for the beneficial conversion features embedded in the notes. The noteholders converted the promissory notes of $ 100,000 on December 1, 2020 in exchange for 520,834 restricted common shares and 520,834 five-year warrants with an exercise price of $ 0.288 per share each. Accrued interest of $ 5,986 was forgiven pursuant to the conversion terms of the notes. On August 3, 2020, the Company issued an unsecured convertible promissory note to an accredited investor in exchange for $ 10,000 18 February 3, 2021 0.001 500,000 0.01 10,000 1,007 Interest expense for the Company’s convertible notes payable was $ 64,093 51,015 760 86,520

NOTE PAYABLE _ CONVERTIBLE _ RE

NOTE PAYABLE – CONVERTIBLE – RELATED PARTY	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Note Payable Convertible Related Party
NOTE PAYABLE – CONVERTIBLE – RELATED PARTY	NOTE 6 – NOTE PAYABLE – CONVERTIBLE – RELATED PARTY 1,689,746 1,025,000 On August 3, 2020, the Company issued a secured convertible promissory note to certain investors in exchange for $ 1,000,000 20 6 500,000 0.01 This note contains a negative covenant that requires the Company to obtain consent prior to incurring any additional equity or debt investments and is secured by all of the assets of the Company. The Richard A. LoRicco Sr. and Lucille M. LoRicco Irrevocable Insurance Trust DTD 4/28/95, Louis Demaio as Trustee (the “Trust”) is the holder of $ 750,000 Ronald J. LoRicco Sr. does not have voting or investment control of or power over the Trust but is an anticipated, partial beneficiary of the Trust. On February 12, 2021, the Company exchanged the original debt for a newly issued amended and restated secured convertible promissory note with a new principal balance of $ 1,610,005 20 3 1,000,000 110,005 15,000,000 5 0.20 3,686,136 On May 12, 2021, the Company extended the debt for a newly issued amended and restated secured convertible promissory note with a new principal balance of $ 1,689,746 20 9 1,610,005 79,742 7,500,000 5 0.35 1,874,705 84,605 151,521 74,029 Accrued interest for the Company’s convertible notes payable – related parties on June 30, 2021, and December 31, 2020, was $ 46,048 86,574	NOTE 6 – NOTES PAYABLE – CONVERTIBLE – RELATED PARTY Notes payable – convertible – related party totaled $ 1,025,000 0 On April 13, 2020, the demand notes payable entered on January 16, 2020 for $ 50,000 each from related parties; Michael V. Barbera, our Board Chairman and an entity managed by Ronald J. LoRicco, Sr., a Board Member were exchanged for convertible notes. The notes were accounted for as an extinguishment and the convertible debt valued at fair value in accordance with ASC 470. Per the addendums, the interest rate of 10 % was increased to 12 % per annum. The modification also allowed for a conversion option for the holder after June 5, 2020. After June 5, 2020, the holder may convert the unpaid principal and interest balance of the note into shares of common stock, par value $ 0.001 per share, at the conversion rate equal to 80% of the closing price on June 5, 2020 per share. At the time of conversion, the Company shall immediately also issue a five-year warrant to the holder to purchase the same number of shares of common stock of the Company as the holder receives in such conversion. The exercise price for such warrants shall be 3 times the conversion price. In addition, the warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above the warrant price plus 150% for 20 consecutive trading days. The conversion price was determined to be $ 0.132 . Debt discounts of $ 100,000 were recorded on the notes payable at resolution of the contingent beneficial conversion feature. One noteholder converted the promissory note of $ 50,000 and accrued interest of $ 2,440 on June 26, 2020 in exchange for 397,269 restricted common shares and 397,269 five-year warrants with an exercise price of $ 0.396 per share. The other noteholder converted the promissory note of $ 50,000 and accrued interest of $ 2,826 on July 21, 2020 in exchange for 400,195 restricted common shares and 400,195 five-year warrants with an exercise price of $ 0.396 per share. On April 13, 2020, the Company issued a convertible promissory note with Michael V. Barbera, our Board Chairman, in exchange for $ 25,000 12 0.001 80 0.132 25,000 25,000 809 195,522 195,522 0.396 On April 13, 2020, the Company issued a convertible promissory note with an entity managed by Ronald J. LoRicco, Sr., a member of our Board of Directors, in exchange for $ 150,000 bearing an interest rate of 12 % per annum and payable in six months. After June 5, 2020, the holder may convert the unpaid principal and interest balance of the note into shares of common stock, par value $ 0.001 per share, at the conversion rate equal to 80 % of the closing price on June 5, 2020 per share. At the time of conversion, the Company shall immediately also issue a five-year warrant to the holder to purchase the same number of shares of common stock of the Company as the holder receives in such conversion. The exercise price for such warrants shall be 3 times the conversion price. In addition, the warrants shall have an option whereby the Company can require the exercise of the warrants if the trading price is at or above the warrant price plus 150% for 20 consecutive trading days. The conversion price was determined to be $ 0.132 . A debt discount of $ 150,000 was recorded on the note payable at resolution of the contingent beneficial conversion feature. The noteholder converted the promissory note of $ 150,000 and accrued interest of $ 3,542 on June 26, 2020 in exchange for 1,163,201 restricted common shares and 1,163,201 five-year warrants with an exercise price of $ 0.396 per share. On August 3, 2020, the Company issued an unsecured convertible promissory note to Michael V. Barbera, the Chairman of the Board, in exchange for $ 25,000 18 0.001 500,000 0.01 25,000 2,518 On August 3, 2020, the Company issued a secured convertible promissory note to certain accredited investors in exchange for $ 1,000,000 20 February 3, 2021 The holder may convert the unpaid principal balance of the note into restricted common stock, par value $ 0.001 500,000 0.01 This note contains a negative covenant that requires the Company to obtain consent prior to incurring any additional equity or debt investments and is secured by all of the assets of the Company. The Richard A. LoRicco Sr. and Lucille M. LoRicco Irrevocable Insurance Trust DTD 4/28/95, Louis Demaio as Trustee (the “Trust”) is the holder of $ 750,000 Interest expense for the Company’s convertible notes payable – related parties was $ 93,736 4,704 86,574 0

NOTE PAYABLE

NOTE PAYABLE	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Note Payable
NOTE PAYABLE	NOTE 7 – NOTE PAYABLE Notes payable totaled $ 787,412 128,021 9.67 26,665 On February 25, 2021, the Company entered a promissory note agreement with its bank to memorialize a $ 165,747 1.0 On April 2, 2021, the Company issued a promissory note with an investor in exchange for $ 200,000 18 1 2,000,000 0.20 5 On April 9, 2021, the Company issued a promissory note with an investor in exchange for $ 50,000 18 1 500,000 0.20 5 On April 16, 2021, the Company issued a promissory note with an investor, in exchange for $ 300,000 18 April 16, 2022 3,000,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 25,000 18 1 250,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 20,000 18 1 200,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 300,000 18 1 3,000,000 0.25 5 On April 16, 2021, the Company issued a promissory note with an investor in exchange for $ 300,000 18 3,000,000 0.25 5 300,000 6,000,000 0.15 5 5,199 1,487,386 Interest expense for the Company’s notes payable for the three and six months ended June 30, 2021, was $ 29,802 30,177 2,025 3,986 Accrued interest for the Company’s notes payable on June 30, 2021, and December 31, 2020, was $ 24,540 0	NOTE 7 – NOTES PAYABLE Notes payable totaled $ 128,021 219,617 During the year ended December 31, 2018, the Company issued unsecured, 4 260,425 191,965 15,729 150,000 57,694 0.132 1,136,364 0.396 On September 3, 2019, the Company entered a financing arrangement with their landlord to borrow against their rent payments. The financing has an interest rate of 7 On March 30, 2020 and May 17, 2019, the Company entered financing arrangements to finance the insurance premiums for its liability coverage. The financings have an interest rate of 9.40 4,703 Due to the ongoing uncertainty about the severity and duration associated with the COVID-19 pandemic, the Company considered furloughing or eliminating employees and taking other measures to reduce operating costs until there is more certainty about the short-term and long-term effects of the COVID-19 pandemic on the nation’s economy and the Company’s business. On May 1, 2020, the Company entered a promissory note agreement with its bank in exchange for $ 123,318 1.0 123,318 Interest expense for the Company’s notes payable was $ 5,041 7,675 0 11,244

NOTE PAYABLE - RELATED PARTY

NOTE PAYABLE - RELATED PARTY	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Note Payable - Related Party
NOTE PAYABLE - RELATED PARTY	NOTE 8 – NOTE PAYABLE - RELATED PARTY Notes payable - related party totaled $ 300,000 0 On April 2, 2021, the Company issued a promissory note with Paul Sallarulo, a member of our Board of Directors, in exchange for $ 150,000 18 1 1,500,000 0.20 5 On April 2, 2021, the Company issued a promissory note with Michael V. Barbera, our Chairman of the Board, in exchange for $ 150,000 18 1 1,500,000 0.20 5 Interest expense for the Company’s notes payable – related party for the three and six months ended June 30, 2021, was $ 13,335 364 2,455 Accrued interest for the Company’s notes payable - related party on June 30, 2021, and December 31, 2020, was $ 13,335 0	NOTE 8 – NOTES PAYABLE - RELATED PARTY Notes payable – related party totaled $ 0 On January 16, 2020, the Company entered into a demand note agreement with our Board Chairman, Michael V. Barbera, in the amount of $ 50,000 6 10 12 20 On January 16, 2020, the Company entered into a demand note agreement with an entity managed by Ronald J. LoRicco, Sr., a member of our Board of Directors, in the amount of $ 50,000 6 10 12 20 Interest expense for the Company’s notes payable – related party was $ 2,455 2,926 0 0

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Use of Estimates in Financial Statements	(A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is typically estimated on the grant date using the	(A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is estimated on the grant date using the Black-Scholes pricing model. The Black-Scholes pricing model requires the input of highly subjective assumptions, including the fair value of the underlying common stock, the expected term of the option, the expected volatility of the price of our common stock, risk-free interest rates and the expected dividend yield of our common stock. The assumptions used to determine the fair value of the stock awards represent management’s best estimates. These estimates involve inherent
Principles of Consolidation	(B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC. All intercompany balances have been eliminated in consolidation. The Company’s operations are conducted primarily through Basanite Industries, LLC. Basalt America, LLC is currently inactive.	(B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC, formerly known as Rockstar Acquisitions, LLC. All intercompany balances have been eliminated in consolidation.
Cash	(C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000	(C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000
Inventories	(D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. The Company’s inventory at June 30, 2021 and December 31, 2020 was comprised of: Schedule of Inventory June 30, December 31, 2020 (Unaudited) Finished goods $ 575,360 $ 305,550 Work in process 23,932 35,286 Raw materials 78,867 105,739 Total inventory $ 678,159 $ 446,575	(D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. During the year ended December 31, 2020, the Company recorded a loss related to obsolete inventory in the amount of $ 33,062 The Company’s inventory at December 31, 2020 and 2019 was comprised of: Schedule of Inventories December 31, December 31, 2019 Finished goods $ 305,550 $ 47,462 Work in process 35,286 — Raw materials 105,739 112,010 Total inventory $ 446,575 $ 159,472
Fixed assets	(E) Fixed assets Fixed assets consist of the following: Schedule of Fixed Assets June 30, December 31, 2020 (Unaudited) Computer equipment $ 117,141 $ 15,780 Machinery 686,237 667,536 Leasehold improvements 163,882 161,579 Office furniture and equipment 71,292 71,292 Land improvements 7,270 7,270 Website development 2,500 2,500 Construction in process 382,915 234,950 Total fixed assets 1,431,237 1,160,907 Accumulated depreciation (204,797 ) (140,872 ) Total fixed assets, net $ 1,226,440 $ 1,020,035 Depreciation expense for the three and six months ended June 30, 2021, was $ 32,216 63,925 29,947 55,774	(E) Fixed assets Fixed assets are stated at cost, subject to adjustments for impairment, less accumulated depreciation and amortization. Depreciation and amortization are computed using a straight-line method over the following estimated useful lives: Schedule of Depreciation and Amortization Periods for Fixed Assets Computer equipment 3 years Machinery 7 years Leasehold improvements 15 years or lease term Office furniture and equipment 5 years Land improvements 15 years Website development 3 years Maintenance and repairs are charged to expenses as incurred, and improvements to leased facilities and equipment are capitalized. Fixed assets consist of the following: Schedule of Fixed Assets December 31, December 31, 2019 Computer equipment $ 15,780 $ 7,268 Machinery 667,536 578,347 Leasehold improvements 161,579 137,217 Office furniture and equipment 71,292 62,926 Land improvements 7,270 7,270 Website development 2,500 27,275 Construction in process 234,950 — Total fixed assets 1,160,907 820,303 Accumulated depreciation (140,872 ) (48,307 ) Total fixed assets, net $ 1,020,035 $ 771,996 Depreciation expense for the year ended December 31, 2020 was $ 117,340 17,143 The Company’s long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the undiscounted future net cash flows expected to be generated by that asset. If the carrying amount of an asset exceeds its estimated future undiscounted cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the asset.
Deposits and other current asset	(F) Deposits and other current assets The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service.	(F) Deposits and other current asset The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service. The Company reclassified $ 31,173
Accrued expenses		(G) Accrued expenses The Company’s accrued expenses consist of the following: Schedule of Accrued Expenses December 31, December 31, 2019 Accrued payroll and taxes $ 76,031 $ 321,328 Accrued interest 88,147 98,091 Credit cards payable 4,752 49,715 Other accrued expenses 28,420 20,045 Total accrued expenses $ 197,350 $ 489,179
Accrued legal liabilities		(H) Accrued legal liabilities The Company’s accrued legal liabilities consist of the following: Schedule of Accrued Legal Liability December 31, December 31, 2019 Accrued consulting fees $ 315,000 $ 315,000 Judgement payable 388,867 388,867 Accrued interest on judgement 105,260 86,739 Total accrued legal liability $ 809,127 $ 790,606
Loss Per Share	(G) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation June 30, December 31, 2020 (Unaudited) Options 4,727,778 4,542,500 Warrants 78,620,378 38,920,378 Convertible shares 173,579,371 112,233,406 256,927,527 155,696,284	(I) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation December 31, December 31, 2019 Options 4,542,500 5,042,500 Warrants 38,920,378 29,849,761 Convertible shares 112,233,406 984,014 155,696,284 5,876,275
Stock-Based Compensation	(H) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement with Bridgeview Capital on July 9, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 350,000 350,000 0.23 80,500 The Company entered into a consulting agreement with Seth Shaw on October 13, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 0.23 57,500 The Company entered into a consulting agreement with Frederick Berndt on May 12, 2021 for capital markets advisory services in exchange for restricted warrants to purchase shares of common stock as compensation. The term of the agreement is for twelve months with the option for renewal for an additional six months as needed. If the Company agrees to renew every twelve months, 250,000 250,000 0.256 64,045 The Company entered into a consulting agreement with Integrous Communications on May 17, 2021 for investor communications services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal for an additional six months as needed. If the Company agrees to renew every six months, 300,000 300,000 0.299 89,700 On May 20, 2021, the Company issued 777,778 0.27 160,857 5 160,857 On May 20, 2021, the Company issued 500,000 0.28 102,923 5 102,923 The Company recognized $ 729,525 81,563	(J) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement on July 9, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 174,000 165,590 350,000 350,000 The Company entered into a consulting agreement on October 13, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 The Company used the Black Scholes valuation model to determine the fair value of the warrants and options issued, using the following key assumptions for the years ended December 31, 2020 and 2019: Schedule of Fair Value Assumptions 2020 2019 Expected price volatility — 118.66 152.63 % Risk-free interest rate — 2.32 2.41 % Expected life in years — 4 10 Dividend yield — —
Income Taxes		(K) Income Taxes The Company has not recorded any income tax expense or benefit for the years ended December 31, 2020 and 2019 due to its history of net operating losses. The provision for income taxes was calculated as a result of the following (in thousands): Schedule of Provision of Income Taxes December 31, 2020 2019 Federal tax at statutory rate $ (743 ) $ (823 ) State taxes, net of federal income tax benefit — (171 ) Change of valuation allowance 731 987 Non-deductible expenses and other 12 7 Provision for income tax $ — $ — The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows (in thousands): Schedule of Deferred Tax Assets and Liabilities December 31, 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 4,413 $ 3,610 Accruals and allowances 34 10 Stock-based compensation 1,070 1,059 Total deferred tax assets 5,517 4,679 Valuation allowance (5,517 ) (4,679 ) Total deferred tax assets net of valuation allowance — — Deferred tax liabilities: Property, equipment and intangible assets (180 ) (57 ) Total deferred tax liabilities (180 ) (57 ) Valuation allowance 180 57 Total deferred tax liabilities net of valuation allowance — — Net deferred tax assets $ — $ — As of December 31, 2020, the Company has a valuation allowance of approximately $ 5.3 21.0 0.7 8.0 13 2031 2037 Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined the Company had no uncertain income tax positions at December 31, 2020. The Company files income tax returns in the U.S. federal jurisdiction and Florida. The Company is subject to U.S. federal and Florida state tax examinations for certain years after 2018.

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICY (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Use of Estimates in Financial Statements	(A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is typically estimated on the grant date using the	(A) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-based compensation and stock awards related to convertible debt instruments are recognized based on the fair value of the awards granted. The fair value of each award or conversion feature is estimated on the grant date using the Black-Scholes pricing model. The Black-Scholes pricing model requires the input of highly subjective assumptions, including the fair value of the underlying common stock, the expected term of the option, the expected volatility of the price of our common stock, risk-free interest rates and the expected dividend yield of our common stock. The assumptions used to determine the fair value of the stock awards represent management’s best estimates. These estimates involve inherent
Principles of Consolidation	(B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC. All intercompany balances have been eliminated in consolidation. The Company’s operations are conducted primarily through Basanite Industries, LLC. Basalt America, LLC is currently inactive.	(B) Principles of Consolidation The consolidated financial statements include the accounts of Basanite, Inc. and its wholly owned subsidiaries, Basanite Industries, LLC and Basalt America, LLC, formerly known as Rockstar Acquisitions, LLC. All intercompany balances have been eliminated in consolidation.
Cash	(C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000	(C) Cash The Company considers all highly liquid temporary cash instruments with an original maturity of three months or less to be cash equivalents. The Company places its cash, cash equivalents and restricted cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Company ("FDIC") up to $ 250,000
Inventories	(D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. The Company’s inventory at June 30, 2021 and December 31, 2020 was comprised of: Schedule of Inventory June 30, December 31, 2020 (Unaudited) Finished goods $ 575,360 $ 305,550 Work in process 23,932 35,286 Raw materials 78,867 105,739 Total inventory $ 678,159 $ 446,575	(D) Inventories The Company’s inventories consist of raw materials, work in process and finished goods, both purchased and manufactured. Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out basis. Raw materials inventory consists primarily of basalt fiber and other necessary elements to produce the basalt rebar. On a quarterly basis, the Company analyzes its inventory levels and records allowances for inventory that has become obsolete and inventory that has a cost basis in excess of the expected net realizable value. During the year ended December 31, 2020, the Company recorded a loss related to obsolete inventory in the amount of $ 33,062 The Company’s inventory at December 31, 2020 and 2019 was comprised of: Schedule of Inventories December 31, December 31, 2019 Finished goods $ 305,550 $ 47,462 Work in process 35,286 — Raw materials 105,739 112,010 Total inventory $ 446,575 $ 159,472
Fixed assets	(E) Fixed assets Fixed assets consist of the following: Schedule of Fixed Assets June 30, December 31, 2020 (Unaudited) Computer equipment $ 117,141 $ 15,780 Machinery 686,237 667,536 Leasehold improvements 163,882 161,579 Office furniture and equipment 71,292 71,292 Land improvements 7,270 7,270 Website development 2,500 2,500 Construction in process 382,915 234,950 Total fixed assets 1,431,237 1,160,907 Accumulated depreciation (204,797 ) (140,872 ) Total fixed assets, net $ 1,226,440 $ 1,020,035 Depreciation expense for the three and six months ended June 30, 2021, was $ 32,216 63,925 29,947 55,774	(E) Fixed assets Fixed assets are stated at cost, subject to adjustments for impairment, less accumulated depreciation and amortization. Depreciation and amortization are computed using a straight-line method over the following estimated useful lives: Schedule of Depreciation and Amortization Periods for Fixed Assets Computer equipment 3 years Machinery 7 years Leasehold improvements 15 years or lease term Office furniture and equipment 5 years Land improvements 15 years Website development 3 years Maintenance and repairs are charged to expenses as incurred, and improvements to leased facilities and equipment are capitalized. Fixed assets consist of the following: Schedule of Fixed Assets December 31, December 31, 2019 Computer equipment $ 15,780 $ 7,268 Machinery 667,536 578,347 Leasehold improvements 161,579 137,217 Office furniture and equipment 71,292 62,926 Land improvements 7,270 7,270 Website development 2,500 27,275 Construction in process 234,950 — Total fixed assets 1,160,907 820,303 Accumulated depreciation (140,872 ) (48,307 ) Total fixed assets, net $ 1,020,035 $ 771,996 Depreciation expense for the year ended December 31, 2020 was $ 117,340 17,143 The Company’s long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the undiscounted future net cash flows expected to be generated by that asset. If the carrying amount of an asset exceeds its estimated future undiscounted cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the asset.
Deposits and other current assets	(F) Deposits and other current assets The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service.	(F) Deposits and other current asset The Company’s deposits and other current assets consist of the deposits made on equipment, security deposits, utility deposits and other receivables. The deposits are reclassified as part of the fixed asset cost when received and placed into service. The Company reclassified $ 31,173
Loss Per Share	(G) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation June 30, December 31, 2020 (Unaudited) Options 4,727,778 4,542,500 Warrants 78,620,378 38,920,378 Convertible shares 173,579,371 112,233,406 256,927,527 155,696,284	(I) Loss Per Share The basic loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company’s net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following are potentially dilutive shares not included in the loss per share computation: Schedule of Dilutive Shares Not Included in Loss Per Share Computation December 31, December 31, 2019 Options 4,542,500 5,042,500 Warrants 38,920,378 29,849,761 Convertible shares 112,233,406 984,014 155,696,284 5,876,275
Stock-Based Compensation	(H) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement with Bridgeview Capital on July 9, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 350,000 350,000 0.23 80,500 The Company entered into a consulting agreement with Seth Shaw on October 13, 2020 for strategic planning and financial markets services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 0.23 57,500 The Company entered into a consulting agreement with Frederick Berndt on May 12, 2021 for capital markets advisory services in exchange for restricted warrants to purchase shares of common stock as compensation. The term of the agreement is for twelve months with the option for renewal for an additional six months as needed. If the Company agrees to renew every twelve months, 250,000 250,000 0.256 64,045 The Company entered into a consulting agreement with Integrous Communications on May 17, 2021 for investor communications services in exchange for shares of restricted common stock as compensation. The term of the agreement is for six months with the option for renewal for an additional six months as needed. If the Company agrees to renew every six months, 300,000 300,000 0.299 89,700 On May 20, 2021, the Company issued 777,778 0.27 160,857 5 160,857 On May 20, 2021, the Company issued 500,000 0.28 102,923 5 102,923 The Company recognized $ 729,525 81,563	(J) Stock-Based Compensation The Company recognizes compensation costs to employees under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the grant. The Company entered into a consulting agreement on July 9, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, 600,000 0.29 174,000 165,590 350,000 350,000 The Company entered into a consulting agreement on October 13, 2020 for services in exchange for restricted common stock as compensation for the consulting services. The term of the agreement is for six months with the option for renewal quarterly. Upon execution of the agreement, no shares were due to be issued. If the Company agrees to renew each quarter, 250,000 250,000 The Company used the Black Scholes valuation model to determine the fair value of the warrants and options issued, using the following key assumptions for the years ended December 31, 2020 and 2019: Schedule of Fair Value Assumptions 2020 2019 Expected price volatility — 118.66 152.63 % Risk-free interest rate — 2.32 2.41 % Expected life in years — 4 10 Dividend yield — —

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Schedule of Inventories	Schedule of Inventory June 30, December 31, 2020 (Unaudited) Finished goods $ 575,360 $ 305,550 Work in process 23,932 35,286 Raw materials 78,867 105,739 Total inventory $ 678,159 $ 446,575	Schedule of Inventories December 31, December 31, 2019 Finished goods $ 305,550 $ 47,462 Work in process 35,286 — Raw materials 105,739 112,010 Total inventory $ 446,575 $ 159,472
Schedule of Depreciation and Amortization Periods for Fixed Assets		Schedule of Depreciation and Amortization Periods for Fixed Assets Computer equipment 3 years Machinery 7 years Leasehold improvements 15 years or lease term Office furniture and equipment 5 years Land improvements 15 years Website development 3 years
Schedule of Fixed Assets	Schedule of Fixed Assets June 30, December 31, 2020 (Unaudited) Computer equipment $ 117,141 $ 15,780 Machinery 686,237 667,536 Leasehold improvements 163,882 161,579 Office furniture and equipment 71,292 71,292 Land improvements 7,270 7,270 Website development 2,500 2,500 Construction in process 382,915 234,950 Total fixed assets 1,431,237 1,160,907 Accumulated depreciation (204,797 ) (140,872 ) Total fixed assets, net $ 1,226,440 $ 1,020,035	Schedule of Fixed Assets December 31, December 31, 2019 Computer equipment $ 15,780 $ 7,268 Machinery 667,536 578,347 Leasehold improvements 161,579 137,217 Office furniture and equipment 71,292 62,926 Land improvements 7,270 7,270 Website development 2,500 27,275 Construction in process 234,950 — Total fixed assets 1,160,907 820,303 Accumulated depreciation (140,872 ) (48,307 ) Total fixed assets, net $ 1,020,035 $ 771,996
Schedule of Accrued Expenses		Schedule of Accrued Expenses December 31, December 31, 2019 Accrued payroll and taxes $ 76,031 $ 321,328 Accrued interest 88,147 98,091 Credit cards payable 4,752 49,715 Other accrued expenses 28,420 20,045 Total accrued expenses $ 197,350 $ 489,179
Schedule of Accrued Legal Liability		Schedule of Accrued Legal Liability December 31, December 31, 2019 Accrued consulting fees $ 315,000 $ 315,000 Judgement payable 388,867 388,867 Accrued interest on judgement 105,260 86,739 Total accrued legal liability $ 809,127 $ 790,606
Schedule of Dilutive Shares Not Included in Loss Per Share Computation	Schedule of Dilutive Shares Not Included in Loss Per Share Computation June 30, December 31, 2020 (Unaudited) Options 4,727,778 4,542,500 Warrants 78,620,378 38,920,378 Convertible shares 173,579,371 112,233,406 256,927,527 155,696,284	Schedule of Dilutive Shares Not Included in Loss Per Share Computation December 31, December 31, 2019 Options 4,542,500 5,042,500 Warrants 38,920,378 29,849,761 Convertible shares 112,233,406 984,014 155,696,284 5,876,275
Schedule of Fair Value Assumptions		Schedule of Fair Value Assumptions 2020 2019 Expected price volatility — 118.66 152.63 % Risk-free interest rate — 2.32 2.41 % Expected life in years — 4 10 Dividend yield — —
Schedule of Provision of Income Taxes		Schedule of Provision of Income Taxes December 31, 2020 2019 Federal tax at statutory rate $ (743 ) $ (823 ) State taxes, net of federal income tax benefit — (171 ) Change of valuation allowance 731 987 Non-deductible expenses and other 12 7 Provision for income tax $ — $ —
Schedule of Deferred Tax Assets and Liabilities		Schedule of Deferred Tax Assets and Liabilities December 31, 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 4,413 $ 3,610 Accruals and allowances 34 10 Stock-based compensation 1,070 1,059 Total deferred tax assets 5,517 4,679 Valuation allowance (5,517 ) (4,679 ) Total deferred tax assets net of valuation allowance — — Deferred tax liabilities: Property, equipment and intangible assets (180 ) (57 ) Total deferred tax liabilities (180 ) (57 ) Valuation allowance 180 57 Total deferred tax liabilities net of valuation allowance — — Net deferred tax assets $ — $ —

OPERATING LEASE (Tables)

OPERATING LEASE (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Leases [Abstract]
Schedule of Maturity of Operating Lease Liability	Schedule of Maturity of Operating Lease Liability 2021 $ 209,034 2022 427,484 2023 440,308 2024 110,888 Total minimum lease payments 1,187,714 Discount (221,887 ) Operating lease liability $ 965,827	Schedule of Maturity of Operating Lease Liability 2021 $ 415,033 2022 427,484 2023 440,308 2024 110,884 Total minimum lease payments 1,393,709 Discount (300,032 ) Operating lease liability $ 1,093,677

OPTIONS AND WARRANTS (Tables)

OPTIONS AND WARRANTS (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Activity in Options and Warrants		Schedule of Activity in Options and Warrants Total Options Outstanding Weighted Average Exercise Price Aggregate Intrinsic Value Balance at January 1, 2019 2,587,500 $ 0.35 $ — Issued 2,500,000 0.25 Cancelled (45,000 ) (0.25 ) Balance at December 31, 2019 5,042,500 $ 0.40 $ — Cancelled (500,000 ) (0.25 ) Balance at December 31, 2020 4,542,500 $ 0.41 $ 118,148
Schedule of Options and Warrants Exercisable and Outstanding		Schedule of Options and Warrants Exercisable and Outstanding Weighted Average Range of Remaining Weighted Average Aggregate Exercise Prices Number Outstanding Contractual Life (Years) Exercise Price Intrinsic Value $0.01 - $0.50 2,002,500 2.66 $0.25 $ 118,148 $0.51 - $1.00 2,540,000 4.80 $0.54 — 4,542,500 $ 118,148
Schedule of Summary of Options and Warrants Assumptions to Estimate Fair Value of Options Granted		Schedule of Fair Value Assumptions 2020 2019 Expected price volatility — 118.66 152.63 % Risk-free interest rate — 2.32 2.41 % Expected life in years — 4 10 Dividend yield — —
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Activity in Options and Warrants		Schedule of Activity in Options and Warrants Total Warrants Weighted Average Exercise Price Aggregate Intrinsic Value Balance at January 1, 2019 18,025,000 $ 0.24 $ — Granted 31,535,475 0.12 Exercised (19,710,714 ) 0.07 Balance at December 31, 2019 29,849,761 $ 0.23 $ 1,956,750 Granted 17,180,957 0.31 Exercised (7,110,340 ) 0.09 Cancelled (1,000,000 ) — Balance at December 31, 2020 38,920,378 $ 0.27 $ 2,973,660
Schedule of Options and Warrants Exercisable and Outstanding		Schedule of Options and Warrants Exercisable and Outstanding Weighted Average Range of Remaining Weighted Average Aggregate Exercise Prices Number Outstanding Contractual Life (Years) Exercise Price Intrinsic Value $0.01 - $0.50 36,429,835 3.46 $0.24 $2,973,660 $0.51 - $1.00 2,490,543 2.10 $0.60 — 38,920,378 $2,973,660
Schedule of Summary of Options and Warrants Assumptions to Estimate Fair Value of Options Granted	Schedule of Summary of Options and Warrants Assumptions to Estimate Fair Value of Options Granted June 30, December 31, Warrants outstanding and exercisable 78,620,378 38,920,378 Weighted-average exercise price $ 0.25 $ 0.27 Aggregate intrinsic value $ 15,067,991 $ 2,973,660 Weighted-average remaining contractual term (years) 3.86 3.37
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Summary of Options and Warrants Assumptions to Estimate Fair Value of Options Granted	Schedule of Summary of Options and Warrants Assumptions to Estimate Fair Value of Options Granted June 30, December 31, Options outstanding and exercisable 4,727,778 4,542,500 Weighted-average exercise price $ 0.36 $ 0.41 Aggregate intrinsic value $ 579,494 118,148 Weighted-average remaining contractual term (years) 4.19 3.86

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICY (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Schedule of Inventory	Schedule of Inventory June 30, December 31, 2020 (Unaudited) Finished goods $ 575,360 $ 305,550 Work in process 23,932 35,286 Raw materials 78,867 105,739 Total inventory $ 678,159 $ 446,575	Schedule of Inventories December 31, December 31, 2019 Finished goods $ 305,550 $ 47,462 Work in process 35,286 — Raw materials 105,739 112,010 Total inventory $ 446,575 $ 159,472
Schedule of Fixed Assets	Schedule of Fixed Assets June 30, December 31, 2020 (Unaudited) Computer equipment $ 117,141 $ 15,780 Machinery 686,237 667,536 Leasehold improvements 163,882 161,579 Office furniture and equipment 71,292 71,292 Land improvements 7,270 7,270 Website development 2,500 2,500 Construction in process 382,915 234,950 Total fixed assets 1,431,237 1,160,907 Accumulated depreciation (204,797 ) (140,872 ) Total fixed assets, net $ 1,226,440 $ 1,020,035	Schedule of Fixed Assets December 31, December 31, 2019 Computer equipment $ 15,780 $ 7,268 Machinery 667,536 578,347 Leasehold improvements 161,579 137,217 Office furniture and equipment 71,292 62,926 Land improvements 7,270 7,270 Website development 2,500 27,275 Construction in process 234,950 — Total fixed assets 1,160,907 820,303 Accumulated depreciation (140,872 ) (48,307 ) Total fixed assets, net $ 1,020,035 $ 771,996
Schedule of Dilutive Shares Not Included in Loss Per Share Computation	Schedule of Dilutive Shares Not Included in Loss Per Share Computation June 30, December 31, 2020 (Unaudited) Options 4,727,778 4,542,500 Warrants 78,620,378 38,920,378 Convertible shares 173,579,371 112,233,406 256,927,527 155,696,284	Schedule of Dilutive Shares Not Included in Loss Per Share Computation December 31, December 31, 2019 Options 4,542,500 5,042,500 Warrants 38,920,378 29,849,761 Convertible shares 112,233,406 984,014 155,696,284 5,876,275

ORGANIZATION, NATURE OF BUSIN_2

ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (Details Narrative)	6 Months Ended		12 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)ft²	Dec. 31, 2019USD ($)
Real Estate Properties [Line Items]
Accumulated deficit	$ 38,634,066		$ 29,643,387	$ 25,444,056
Working capital deficiency	2,813,038		1,901,875	1,900,000
Net cash used in operations	2,294,501	$ 1,040,380	2,799,499	2,259,537
Cash	$ 77,400		$ 259,505	$ 129,152
Pompano Beach Florida [Member]
Real Estate Properties [Line Items]
Total square foot of property | ft²			36,900

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Inventory) (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Finished goods	$ 575,360	$ 305,550	$ 47,462
Work in process	23,932	35,286
Raw materials	78,867	105,739	112,010
Total inventory	$ 678,159	$ 446,575	$ 159,472

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Depreciation and Amortization Periods for Fixed Assets) (Details	12 Months Ended
	Dec. 31, 2020
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Machinery [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	15 years or lease term
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	15 years
Website Development [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Fixed assets) (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Total fixed assets	$ 1,431,237	$ 1,160,907	$ 820,303
Accumulated depreciation	(204,797)	(140,872)	(48,307)
Total fixed assets, net	1,226,440	1,020,035	771,996
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets	117,141	15,780	7,268
Machinery [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets	686,237	667,536	578,347
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets	163,882	161,579	137,217
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets	71,292	71,292	62,926
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets	7,270	7,270	7,270
Website Development [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets	2,500	2,500	27,275
Construction In Process [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets		234,950
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets	$ 382,915	$ 234,950

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Accrued expenses) (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Accrued payroll and taxes		$ 76,031	$ 321,328
Accrued interest		88,147	98,091
Credit cards payable		4,752	49,715
Other accrued expenses		28,420	20,045
Total accrued expenses	$ 136,950	$ 197,350	$ 489,179

SUMMARY OF SIGNIFICANT ACCOU_11

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Accrued legal liability) (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Apr. 22, 2015
Accounting Policies [Abstract]
Accrued consulting fees		$ 315,000	$ 315,000
Judgement payable		388,867	388,867
Accrued interest on judgement	$ 114,419	105,260	86,739	$ 388,866
Total accrued legal liability	$ 503,286	$ 809,127	$ 790,606

SUMMARY OF SIGNIFICANT ACCOU_12

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Dilutive Shares Not Included in Loss Per Share Computation) (Details) - shares	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	256,927,527	155,696,284	155,696,284	5,876,275
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	4,727,778	4,542,500	4,542,500	5,042,500
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	78,620,378	38,920,378	38,920,378	29,849,761
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	173,579,371	112,233,406	112,233,406	984,014

SUMMARY OF SIGNIFICANT ACCOU_13

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Fair Value Assumptions) (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Expected price volatility
Expected price volatility, minimum		118.66%
Expected price volatility, maximum		152.63%
Risk-free interest rate
Risk-free interest rate, minimum		2.32%
Risk-free interest rate, maximum		2.41%
Dividend yield
Minimum [Member]
Property, Plant and Equipment [Line Items]
Expected life in years		4 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Expected life in years		10 years

SUMMARY OF SIGNIFICANT ACCOU_14

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Provision of Income Taxes) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Federal tax at statutory rate	$ (743)	$ (823)
State taxes, net of federal income tax benefit		(171)
Change of valuation allowance	731	987
Non-deductible expenses and other	12	7
Provision for income tax

SUMMARY OF SIGNIFICANT ACCOU_15

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Net operating loss carryforwards	$ 4,413	$ 3,610
Accruals and allowances	34	10
Stock-based compensation	1,070	1,059
Total deferred tax assets	5,517	4,679
Valuation allowance	(5,517)	(4,679)
Total deferred tax assets net of valuation allowance
Deferred tax liabilities:
Property, equipment and intangible assets	(180)	(57)
Total deferred tax liabilities	(180)	(57)
Valuation allowance	180	57
Total deferred tax liabilities net of valuation allowance
Net deferred tax assets

SUMMARY OF SIGNIFICANT ACCOU_16

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Jul. 09, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Jul. 09, 2021	May 17, 2021	May 12, 2021	Jan. 09, 2021	Oct. 13, 2020
Property, Plant and Equipment [Line Items]
Cash insured amount		$ 250,000		$ 250,000		$ 250,000
Amount of Inventory reserve						33,062
Depreciation expense		$ 32,216	$ 29,947	63,925	$ 55,774	117,340	$ 17,143
Deposits						31,173
Stock based compensation				729,525		165,590	1,701,316
Valuation allowance						5,300,000
Operating loss carryforwards						21,000,000
Increase in valuation allowance							$ 70,000,000
Federal net operating losses						800,000,000
Federal net operating losses expired amount if not utilized						$ 1,300,000,000
Minimum [Member]
Property, Plant and Equipment [Line Items]
Operating loss carryforwards expiration year						2031
Maximum [Member]
Property, Plant and Equipment [Line Items]
Operating loss carryforwards expiration year						2037
Consulting Agreement [Member]
Property, Plant and Equipment [Line Items]
Shares due	600,000								300,000	250,000		250,000
Fair value of per share	$ 0.29										$ 0.23
Fair value of share	$ 174,000
Stock based compensation	$ 165,590			$ 81,563
Shares to be issued	350,000											250,000
Consulting Agreement [Member] | Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Shares to be issued								350,000			250,000

OPERATING LEASE (Schedule of Fu

OPERATING LEASE (Schedule of Future Minimum Lease Payments under Operating Lease) (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Leases [Abstract]
2021	$ 209,034	$ 415,033
2022	427,484
2023	440,308	427,484
2024	110,888	440,308
2024		110,884
Total minimum lease payments	1,187,714	1,393,709
Discount	(221,887)	(300,032)
Operating lease liability	$ 965,827	$ 1,093,677

OPERATING LEASE (Details Narrat

OPERATING LEASE (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 25, 2019	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Base rent obligation	$ 33,825
Present value of lease payments						$ 1,405,804
Lease term		3 years		3 years		3 years 3 months
Weighted average discount rate		15.00%		15.00%		15.00%
Operating lease rent expense		$ 107,117	$ 107,595	$ 214,036	$ 215,183	$ 429,022	$ 423,121

NOTES PAYABLE _ CONVERTIBLE (De

NOTES PAYABLE – CONVERTIBLE (Details Narrative) - USD ($)	Jan. 11, 2021	Dec. 02, 2020	Aug. 03, 2020	Aug. 03, 2020	Jun. 05, 2020	Jun. 02, 2020	Apr. 13, 2020	Mar. 05, 2020	Oct. 10, 2019	Jun. 13, 2018	Aug. 17, 2021	Jul. 21, 2020	Jun. 26, 2020	Jun. 26, 2020	May 29, 2020	May 27, 2020	Apr. 16, 2020	Oct. 22, 2015	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Feb. 16, 2021	Apr. 22, 2018
Transfer of Financial Assets Accounted for as Sales [Line Items]
Note payable - convertible																			$ 0		$ 0		$ 10,000	$ 453,991
Secured note payable per month																										$ 5,000
Common Share issued																							7,110,340
Accrued interest																							$ 0	11,244
Net proceeds from note																					$ 1,391,194	$ 266,727	$ 266,727	$ 234,760
Par value of share																			$ 0.001		$ 0.001		$ 0.001	$ 0.001
Proceeds from convertible debt																					$ 579,741	585,000	$ 1,620,000	$ 408,000
Exercise price of warrants																							$ 0.30
Amount of debt conversion																								531,100
Interest expense																							$ 5,041	7,675
Accrued interest																							760	86,520
Subsequent Event [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Common Share issued	600,000										19,398,144
Securities Purchase Agreement With Labrys Fund [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Common Share issued																	1,300,000
Shares of common stock																	21,666,666
Convertible Promissory Note With Accredited Investor [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Note payable - convertible												$ 50,000
Interest rate								10.00%
Conversion price					$ 0.80							$ 0.132
Accrued interest												$ 1,908
Par value of share					$ 0.001
Proceeds from convertible debt								$ 50,000
Proceeds from Issuance of Warrants					$ 50,000
Debt discount contingent beneficial conversion feature					$ 50,000
Debt Conversion, Converted Instrument, Shares Issued												393,246
Debt Conversion, Converted Instrument, Warrants or Options Issued												126,263
Exercise price of warrants												$ 0.396
Convertible Promissory Notes [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate							12.00%
Conversion price							$ 0.092
Proceeds from convertible debt							$ 100,000
Debt discount contingent beneficial conversion feature							$ 100,000
Exercise price of warrants							$ 0.312
Trading price of warrants							$ 0.69
Convertible Promissory Notes [Member] | Noteholders [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Accrued interest												$ 1,618	$ 1,181	$ 1,181
Proceeds from convertible debt												$ 25,000	$ 50,000
Debt Conversion, Converted Instrument, Shares Issued												280,532	556,313
Debt Conversion, Converted Instrument, Warrants or Options Issued												280,532	556,313
Exercise price of warrants												$ 0.312	$ 0.312	$ 0.312
Convertible Promissory Note With Accredited Investor One [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate							12.00%								12.00%	12.00%
Conversion price							$ 0.132								$ 0.108	$ 0.11
Accrued interest												$ 1,615	$ 552	$ 552
Par value of share							$ 0.001
Proceeds from convertible debt							$ 50,000					$ 50,000			$ 50,000	$ 60,000
Debt discount contingent beneficial conversion feature							$ 50,000								$ 50,000	$ 60,000
Debt Conversion, Converted Instrument, Shares Issued												391,023		545,455
Debt Conversion, Converted Instrument, Warrants or Options Issued												391,023		545,455
Exercise price of warrants												$ 0.396	$ 0.33	$ 0.33	$ 0.324	$ 0.33
Trading price of warrants															$ 0.81	$ 0.825
Convertible Promissory Note With Accredited Investor One Two [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Accrued interest													$ 427	$ 427
Proceeds from convertible debt														$ 50,000
Debt Conversion, Converted Instrument, Shares Issued														462,963
Debt Conversion, Converted Instrument, Warrants or Options Issued														462,963
Exercise price of warrants													$ 0.324	$ 0.324
Convertible Promissory Note With Accredited Investor Four [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate						12.00%
Conversion price						$ 0.096
Accrued interest		$ 5,986
Proceeds from convertible debt						$ 100,000
Debt discount contingent beneficial conversion feature						$ 100,000
Debt Conversion, Converted Instrument, Shares Issued		520,834
Debt Conversion, Converted Instrument, Warrants or Options Issued		520,834
Exercise price of warrants		$ 0.288				$ 0.288
Trading price of warrants						$ 0.72
Amount of debt conversion		$ 100,000
Unsecured Convertible Promissory Note With Accredited Investor [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate			18.00%	18.00%
Conversion price			$ 0.01	$ 0.01
Par value of share			0.001	$ 0.001
Debt maturity				Feb. 3, 2021
Proceeds from convertible debt				$ 500,000
Amount of debt conversion				$ 10,000
Unsecured Convertible Promissory Note With Accredited Investor [Member] | Subsequent Event [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Principal amount																									$ 10,000
Accrued interest																									$ 1,007
Restricted Stock [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Common Share issued										274,575
Unsecured Debt [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Unsecured promissory note																		$ 300,000
Interest rate																		7.00%
Conversion price			$ 0.175	$ 0.175														$ 0.35
Debt term																		190 days
Common Share issued			2,061,143
Principal amount			$ 258,524	$ 258,524
Accrued interest			102,176	$ 102,176
Loss on extinguishment of debt			$ 121,607
Convertible Promissory Note [Member] | Securities Purchase Agreement With Labrys Fund [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate									15.00%
Common Share issued									1,300,000
Principal amount									$ 338,000
Accrued interest									$ 24,389
Debt description									If the note is not repaid prior to the maturity date, the per share conversion price into which the principal amount and interest under the note may be converted is equal to the lesser of (i) 60% multiplied by the lowest trade price of the common stock during the 25 consecutive trading days ending on the latest complete trading day prior to the date of issuance of the note, and (ii) 60% multiplied by the lowest market price of the common stock during the 25 trading day period ending on the latest complete trading day prior to the conversion date.
Net proceeds from note									$ 300,000
Original issue discount									33,800
Legal counsel fees									$ 4,200
Par value of share									$ 0.10
Repayment of notes payable									$ 262,389
Debt maturity									Apr. 16, 2020
Convertible Notes Payable [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Accrued interest																			$ 0		0		760
Interest expense																			$ 0	$ 118,443	$ 161	$ 158,250	$ 64,093	$ 51,015

NOTES PAYABLE _ CONVERTIBLE __2

NOTES PAYABLE – CONVERTIBLE – RELATED PARTY (Details Narrative) - USD ($)	Feb. 12, 2021	Aug. 03, 2020	Jun. 05, 2020	Apr. 13, 2020	Jan. 16, 2020	Feb. 16, 2021	Jul. 21, 2020	Jul. 21, 2020	Jun. 26, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Schedule of Capitalization, Long-term Debt [Line Items]
Notes payable - convertible - related party										$ 1,689,746		$ 1,689,746		$ 1,025,000	$ 0
Proceeds from convertible debt												$ 579,741	$ 585,000	$ 1,620,000	$ 408,000
Par value of share										$ 0.001		$ 0.001		$ 0.001	$ 0.001
Accrued interest														$ 0	$ 11,244
Exercise price of warrants														$ 0.30
Amount of debt conversion															531,100
Interest expense														$ 5,041	7,675
Convertible Promissory Note With Michael V Barbera [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Proceeds from convertible debt				$ 50,000	$ 50,000			$ 50,000
Par value of share				$ 0.001
Conversion price				$ 0.132
Debt discount contingent beneficial conversion feature				$ 100,000
Accrued interest							$ 2,826	$ 2,826	$ 2,440
Debt Conversion, Converted Instrument, Shares Issued								400,195	397,269
Debt Conversion, Converted Instrument, Warrants or Options Issued								400,195	397,269
Exercise price of warrants							$ 0.396	$ 0.396	$ 0.396
Convertible Promissory Note With Michael V Barbera [Member] | Minimum [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest rate				10.00%
Convertible Promissory Note With Michael V Barbera [Member] | Maximum [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest rate				12.00%
Demand Note Agreement With Michael V Barbera Two [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Proceeds from convertible debt				$ 25,000			$ 25,000
Interest rate				12.00%
Par value of share				$ 0.001
Conversion price				$ 0.132
Debt discount contingent beneficial conversion feature				$ 25,000
Accrued interest							$ 809	$ 809
Debt Conversion, Converted Instrument, Shares Issued							195,522
Debt Conversion, Converted Instrument, Warrants or Options Issued							195,522
Exercise price of warrants							$ 0.396	$ 0.396
Debt Conversion, Converted Instrument, Rate			80.00%
Convertible Promissory Note With Ronald J Lo Ricco [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Proceeds from convertible debt				$ 150,000
Interest rate				12.00%
Par value of share				$ 0.001
Conversion price				$ 0.132
Debt discount contingent beneficial conversion feature				$ 150,000					$ 150,000
Accrued interest									$ 3,542
Debt Conversion, Converted Instrument, Shares Issued									1,163,201
Debt Conversion, Converted Instrument, Warrants or Options Issued									1,163,201
Exercise price of warrants									$ 0.396
Debt Conversion, Converted Instrument, Rate			80.00%
Unsecured Convertible Promissory Note With Michael V Barbera [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Proceeds from convertible debt		$ 25,000
Interest rate		18.00%
Par value of share		$ 0.001
Conversion price		$ 0.01
Amount of debt conversion		$ 500,000
Unsecured Convertible Promissory Note With Michael V Barbera [Member] | Subsequent Event [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Accrued interest						$ 2,518
Amount of debt conversion						$ 25,000
Secured Convertible Promissory Note Agreements With Related Party [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Proceeds from convertible debt		$ 500,000
Interest rate		20.00%
Par value of share		$ 0.001
Conversion price		$ 0.01
Amount of debt conversion		$ 1,000,000
Debt maturity		Feb. 3, 2021
Secured Convertible Promissory Note Agreements With Related Party [Member] | Louis Demaio As Trustee [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt principal amount		$ 750,000
Secured Convertible Promissory Note Agreements With Related Party [Member] | Subsequent Event [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest rate	20.00%
Accrued interest	$ 110,005
Debt Conversion, Converted Instrument, Rate	20.00%
Amount of debt conversion	$ 1,610,005
Debt maturity	May 12, 2021
Debt principal amount	$ 1,207,504
Convertible Notes Payable Related Party [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Accrued interest										$ 46,048		$ 46,048		86,574	0
Interest expense										$ 84,605	$ 74,029	$ 151,521	$ 74,029	$ 93,736	$ 4,704

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	Jan. 11, 2021	Jan. 04, 2021	Jul. 08, 2020	May 03, 2020	Aug. 17, 2021	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Sep. 03, 2019
Schedule of Capitalization, Long-term Debt [Line Items]
Notes payable						$ 787,412		$ 128,021	$ 219,617
Proceeds from Convertible Debt						$ 579,741	$ 585,000	1,620,000	408,000
Accrued interest								$ 0	11,244
Shares issued								7,110,340
Exercise price of warrants								$ 0.30
Interest expense								$ 5,041	$ 7,675
Subsequent Event [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Shares issued	600,000				19,398,144
Unsecured Debt [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Proceeds from Convertible Debt			$ 191,965
Accrued interest			$ 15,729
Shares issued			150,000
Amount of debt forgiven			$ 57,694
Debt Instrument, Convertible, Conversion Price			$ 0.132
Debt Conversion, Converted Instrument, Shares Issued			1,136,364
Exercise price of warrants			$ 0.396
Financing Arrangements [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest rate								9.40%			7.00%
Accrued interest								$ 4,703
Promissory Note Agreement With Its Bank [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest rate				1.00%
Promissory note				$ 123,318
Promissory Note Agreement With Its Bank [Member] | Subsequent Event [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Forgiven promissory note		$ 123,318
V C V C L L C [Member] | Unsecured Debt [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest rate										4.00%
Proceeds from Issuance of Unsecured Debt										$ 260,425

NOTES PAYABLE - RELATED PARTY (

NOTES PAYABLE - RELATED PARTY (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 16, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Jun. 05, 2020	Apr. 13, 2020
Transfer of Financial Assets Accounted for as Sales [Line Items]
Notes payable - related party						$ 0	$ 0
Interest expense		$ 13,335	$ 364	$ 13,335	$ 2,455
Michael V Barbera [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Demand notes	$ 50,000
Debt term	6 months
Interest rate	10.00%
Discount rate								20.00%
Michael V Barbera [Member] | Convertible Promissory Notes [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate									12.00%
Ronald J Lo Ricco [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Demand notes	$ 50,000
Debt term	6 months
Interest rate	10.00%
Discount rate								20.00%
Ronald J Lo Ricco [Member] | Convertible Promissory Notes [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate									12.00%
Notes Payable, Other Payables [Member]
Transfer of Financial Assets Accounted for as Sales [Line Items]
Notes payable - related party						0	0
Interest expense						$ 2,455	$ 2,926

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)

Mar. 18, 2020

May 21, 2021

May 17, 2021

Oct. 22, 2020

Jul. 23, 2020

Feb. 26, 2020

Jun. 30, 2021

Jun. 30, 2020

Jun. 30, 2021

Jun. 30, 2020

Dec. 31, 2020

Dec. 31, 2019

Apr. 22, 2015

Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]

Default amount, payable for settlement

$ 41,937

$ 41,937

$ 41,937

Accelerated rent and damages

376,424

376,424

Attorney costs

12,442

12,442

Accrued interest on judgement

$ 114,419

$ 114,419

$ 105,260

$ 86,739

$ 388,866

Percentage of accrued interest rate

4.75%

4.75%

4.75%

Claims settlement amount

$ 125,000

Net proceeds received

$ 70,817

Options to purchase restricted common shares

40,700,000

40,700,000

Purchase Price

$ 2,000,000

Gain (Loss) on Extinguishment of Debt

$ (3,056,892)

$ 980

$ (6,743,015)

$ 980

$ (56,948)

Stock Purchase Agreement [Member]

Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]

Gain (Loss) on Extinguishment of Debt

$ 320,037

Agreement With M E P [Member]

Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]

Agreement amount

$ 50,000,000

Agreement period

5 years

Options to purchase restricted common shares

5,000,000

Options to purchase restricted common shares, period

5 years

Agreement With C R B C [Member]

Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]

Agreement amount

$ 50,000,000

Agreement period

5 years

Options to purchase restricted common shares

5,000,000

Options to purchase restricted common shares, period

5 years

R A W [Member]

Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]

Common stock repurchased, shares

10,000,000

Common stock repurchased, value

$ 1,212,121

Yellow Turtle [Member]

Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]

Common stock repurchased, shares

6,500,000

Common stock repurchased, value

$ 787,879

STOCKHOLDERS_ DEFICIT (Details

STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($)	Jun. 10, 2021	Apr. 09, 2021	Oct. 14, 2020	Oct. 05, 2020	Aug. 05, 2020	May 21, 2021	Apr. 16, 2021	Apr. 02, 2021	Dec. 04, 2020	Oct. 27, 2020	Oct. 16, 2020	Sep. 28, 2020	Sep. 25, 2020	Apr. 30, 2020	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued																				7,110,340
Common Stock, Par or Stated Value Per Share															$ 0.001			$ 0.001		$ 0.001	$ 0.001
Shares issued, value															$ 241,776	$ 90,000	$ 616,667			$ 1,142,992	$ 1,270,080
Strike price of warrants																				$ 0.30
Deemed dividends																				$ 663,501	388,932
Proceeds from warrant exercises																		$ 123,500		654,076
Debt conversion value																					531,100
Gain (Loss) on Extinguishment of Debt															$ (3,056,892)		$ 980	$ (6,743,015)	$ 980	$ (56,948)
Promissory Note [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Gain (Loss) on Extinguishment of Debt						$ 1,487,386
Promissory Note [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Debt Instrument, Face Amount		$ 50,000				$ 300,000	$ 25,000	$ 200,000
Common stock warrants issued		500,000				6,000,000	250,000	2,000,000
Two Consulting Agreements [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued	600,000
Shares issued, value	$ 138,000
Consulting Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued	300,000
Shares issued, value	$ 89,700
Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued									6,590,340
Conversion of stock value									$ 612,576
Deemed dividends									663,501
Original strike price of warrants																				7,110,340
Proceeds from warrant exercises																				$ 654,076
Debt conversion shares																				9,305,426
Debt conversion value																				$ 1,104,476
Shares issued for services, shares																				600,000
Stock repurchased																				1,300,000
Restricted Common Stock [Member] | Private Placement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Conversion of stock value									$ 320,325
Restricted Common Stock [Member] | Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Conversion of stock shares									1,601,632
Investors [Member] | Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued														4,166,667
Common Stock, Par or Stated Value Per Share														$ 0.001
Shares issued, value														$ 416,667
Debt Conversion, Converted Instrument, Warrants or Options Issued														4,000,000
Strike price of warrants														$ 0.30
Investors [Member] | Restricted Common Stock [Member] | Transaction One [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Debt Conversion, Converted Instrument, Warrants or Options Issued														16,667
Strike price of warrants														$ 0.40
Debt With Labrys Fund [Member] | Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued														1,300,000
Investors One [Member] | Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued																			912,409
Common Stock, Par or Stated Value Per Share																	$ 0.001		$ 0.001
Shares issued, value																			$ 200,000
Shares Issued, Price Per Share																	0.1096		$ 0.1096
Two Investors [Member] | Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued																			961,538
Common Stock, Par or Stated Value Per Share																	0.001		$ 0.001
Shares Issued, Price Per Share																	$ 0.104		$ 0.104
Accredited Investors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued					163,043
Shares issued, value					$ 30,000
Debt Conversion, Converted Instrument, Warrants or Options Issued					163,043
Strike price of warrants					$ 0.54
Accredited Investors [Member] | Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued			166,667	300,000						133,333		300,000	500,000
Shares issued, value												$ 90,000
Strike price of warrants													$ 0.075
Conversion of stock value			$ 50,000	$ 90,000						$ 40,000			$ 37,500
Consulting Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued											600,000
Shares issued, value											$ 174,000
Accredited Iinvestors And Related Parties [Member] | Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued																				8,385,289
Shares issued, value																				$ 1,142,992
Investor [Member] | Restricted Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued															735,669		6,040,614	1,185,669	6,040,614
Shares issued, value															$ 241,776		$ 616,667	$ 331,776	$ 616,667

OPTIONS AND WARRANTS (Schedule

OPTIONS AND WARRANTS (Schedule of Activity in Options and Warrants) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cancelled	(1,092,500)
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance at beginning	4,542,500	5,042,500	2,587,500
Balance at beginning	$ 0.41	$ 0.40	$ 0.35
Issued			2,500,000
Issued			$ 0.25
Cancelled		(500,000)	(45,000)
Cancelled		$ (0.25)	$ (0.25)
Balance at end		4,542,500	5,042,500
Balance at end	$ 0.36	$ 0.41	$ 0.40
Aggregate Intrinsic Value	$ 579,494	$ 118,148
Aggregate Intrinsic Value	$ 579,494	$ 118,148
Cancelled		$ 0.25	$ 0.25
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance at beginning	38,920,378	29,849,761	18,025,000
Balance at beginning	$ 0.27	$ 0.23	$ 0.24
Cancelled		(1,000,000)
Cancelled
Balance at end		38,920,378	29,849,761
Balance at end	$ 0.25	$ 0.27	$ 0.23
Aggregate Intrinsic Value	$ 15,067,991	$ 2,973,660	$ 1,956,750
Granted		17,180,957	31,535,475
Granted		$ 0.31	$ 0.12
Exercised		(7,110,340)	(19,710,714)
Exercised		$ 0.09	$ 0.07
Aggregate Intrinsic Value	$ 15,067,991	$ 2,973,660	$ 1,956,750
Cancelled

OPTIONS AND WARRANTS (Schedul_2

OPTIONS AND WARRANTS (Schedule of Options and Warrants Exercisable and Outstanding) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		4,542,500	5,042,500	2,587,500
Weighted Average Remaining Contractual Life (Years)	4 years 2 months 8 days	3 years 10 months 9 days
Weighted Average Exercise Price	$ 0.36	$ 0.41	$ 0.40	$ 0.35
Average Intrinsic Value	$ 579,494	$ 118,148
Share-based Payment Arrangement, Option [Member] | Exercise Price Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		2,002,500
Weighted Average Remaining Contractual Life (Years)		2 years 7 months 28 days
Weighted Average Exercise Price		$ 0.25
Average Intrinsic Value		$ 118,148
Share-based Payment Arrangement, Option [Member] | Exercise Price Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		2,540,000
Weighted Average Remaining Contractual Life (Years)		4 years 9 months 18 days
Weighted Average Exercise Price		$ 0.54
Average Intrinsic Value
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		38,920,378	29,849,761	18,025,000
Weighted Average Remaining Contractual Life (Years)	3 months 26 days	3 years 4 months 13 days
Weighted Average Exercise Price	$ 0.25	$ 0.27	$ 0.23	$ 0.24
Average Intrinsic Value	$ 15,067,991	$ 2,973,660	$ 1,956,750
Warrant [Member] | Exercise Price Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		36,429,835
Weighted Average Remaining Contractual Life (Years)		3 years 5 months 15 days
Weighted Average Exercise Price		$ 0.24
Average Intrinsic Value		$ 2,973,660
Warrant [Member] | Exercise Price Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		2,490,543
Weighted Average Remaining Contractual Life (Years)		2 years 1 month 6 days
Weighted Average Exercise Price		$ 0.60
Average Intrinsic Value

OPTIONS AND WARRANTS (Details N

OPTIONS AND WARRANTS (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued	40,700,000		40,700,000
Strike price of warrants					$ 0.30
Proceeds from exercise of warrants			$ 123,500		$ 654,076
Common Share issued					7,110,340
Execution of the warrants agreement					$ 7,500
Cashless of the warrants agreement					250,000
Monthly payments					7,500
Stock-based compensation expense	$ 482,953	$ 0	$ 647,963	$ 0	165,590	$ 1,701,316
Stock issued but not earned as compensation					$ 8,410
Options cancelled			1,092,500
Option granted			1,277,778
Warrants term			5 years
Warrant exercised			1,000,000
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued					500,000
Strike price of warrants					$ 0.075
Proceeds from exercise of warrants					$ 37,500
Options cancelled					1,000,000
Warrant 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued					6,610,340
Proceeds from exercise of warrants					$ 616,576
Percentage of discount of warrants exercises					50.00%

RELATED PARTIES (Details Narrat

RELATED PARTIES (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended	12 Months Ended
	Nov. 20, 2020	Jun. 30, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Number of warrants exercised		40,700,000
Warrants exercise price			$ 0.30
Purchased discounted restricted common shares			11,632
Discounted restricted common shares per share			$ 0.20
Purchased discounted restricted common value			$ 2,326
Receipt of future issuance of notes payable - related parties		$ 100,000
Investors [Member]
Related Party Transaction [Line Items]
Warrants exercise price percentage	50.00%
Paul Sallarulo [Member] | Director [Member]
Related Party Transaction [Line Items]
Number of warrants exercised	2,000,000
Warrants exercise price	$ 0.075
Exercise of warrants issued	$ 75,000
Exercise of warrants issued per share	$ 0.0375
Michael V Barbera [Member] | Board of Directors Chairman [Member]
Related Party Transaction [Line Items]
Number of warrants exercised	1,000,000
Warrants exercise price	$ 0.075
Exercise of warrants issued	$ 37,500
Exercise of warrants issued per share	$ 0.0375
Ronald J Lo Ricco Sr [Member] | Director [Member]
Related Party Transaction [Line Items]
Number of warrants exercised	1,163,201
Warrants exercise price	$ 0.396
Exercise of warrants issued	$ 230,314
Exercise of warrants issued per share	$ 0.198

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)

Aug. 17, 2021

Jul. 15, 2021

Jul. 09, 2021

Jul. 07, 2021

Feb. 12, 2021

Feb. 11, 2021

Jan. 11, 2021

Aug. 03, 2020

Aug. 17, 2021

Jul. 28, 2021

Jul. 26, 2021

Mar. 29, 2021

Jan. 26, 2021

Dec. 04, 2020

Jun. 30, 2021

Mar. 31, 2021

Jun. 30, 2020

Jun. 30, 2021

Jun. 30, 2020

Dec. 31, 2020

Dec. 31, 2019

Jul. 27, 2021

May 21, 2021

Apr. 16, 2021

Apr. 09, 2021

Apr. 02, 2021

Feb. 25, 2021

Jan. 04, 2021

Subsequent Event [Line Items]

Notes payable

$ 787,412

$ 787,412

$ 128,021

$ 219,617

Accrued interest

$ 0

11,244

Shares issued

7,110,340

Shares issued, value

$ 241,776

$ 90,000

$ 616,667

$ 1,142,992

1,270,080

Number of warrants exercised

40,700,000

40,700,000

Strike price of warrants

$ 0.30

Subscription liability

$ 40,000

Amount of debt conversion

$ 531,100

Common Stock, Par or Stated Value Per Share

$ 0.001

$ 0.001

$ 0.001

$ 0.001

Proceeds from Convertible Debt

$ 579,741

$ 585,000

$ 1,620,000

$ 408,000

Approximate net proceeds of private placement offering

$ 4,770,000

Promissory Note [Member]

Subsequent Event [Line Items]

Interest rate

18.00%

18.00%

18.00%

Debt Instrument, Face Amount

$ 300,000

$ 25,000

$ 50,000

$ 200,000

Restricted Common Stock [Member]

Subsequent Event [Line Items]

Shares issued

6,590,340

Amount of debt conversion

$ 1,104,476

Share issued for service

600,000

Accredited Investor [Member] | Restricted Common Stock [Member]

Subsequent Event [Line Items]

Subscription liability

$ 40,000

Secured Convertible Promissory Note Agreements With Related Party [Member]

Subsequent Event [Line Items]

Amount of debt conversion

$ 1,000,000

Interest rate

20.00%

Debt Instrument, Maturity Date

Feb. 3, 2021

Common Stock, Par or Stated Value Per Share

$ 0.001

Proceeds from Convertible Debt

$ 500,000

Subsequent Event [Member]

Subsequent Event [Line Items]

Shares issued

600,000

19,398,144

Shares issued, value

$ 174,000

$ 5,334,490

Description of private placement offering

On August 17, 2021, the Company conducted the closing (the “Closing”) of a private placement offering to accredited investors (the “Offering”) of the Company’s units (the “Units”) at a price of $0.275 per Unit, with each Unit consisting of: (i) one (1) share of the Company’s common stock, (ii) a five-year, immediately exercisable warrant (“Warrant A”) to purchase one (1) share of common stock at an exercise price of $0.33 per share (“Exercise Price”) and (iii) an additional five-year, immediately exercisable warrant to purchase one (1) share of common stock at the Exercise Price (“Warrant B”). The Warrant A and Warrant B are identical, except that the Warrant B has a call feature in favor of the Company.

Subsequent Event [Member] | Consulting Agreements [Member]

Subsequent Event [Line Items]

Share issued for service

600,000

Subsequent Event [Member] | Promissory Note [Member]

Subsequent Event [Line Items]

Debt Instrument, Maturity Date

Aug. 18, 2021

Subsequent Event [Member] | Accredited Investor [Member] | Restricted Common Stock [Member]

Subsequent Event [Line Items]

Shares issued

127,128

200,000

Shares issued, value

$ 23,900

Number of warrants exercised

1,000,000

Strike price of warrants

$ 0.1235

Proceeds from exercise of warrants

$ 123,500

Subsequent Event [Member] | Accredited Investor [Member] | Unrestricted Common Stock [Member]

Subsequent Event [Line Items]

Shares issued

250,000

Shares issued, value

$ 50,000

Subsequent Event [Member] | Ronald J Lo Ricco [Member] | Promissory Note [Member]

Subsequent Event [Line Items]

Interest rate

10.00%

Debt Instrument, Maturity Date

Jul. 23, 2021

Debt Instrument, Face Amount

$ 50,000

Subsequent Event [Member] | Michael V Barbera [Member] | Promissory Note [Member]

Subsequent Event [Line Items]

Interest rate

10.00%

Debt Instrument, Maturity Date

Jul. 23, 2021

Debt Instrument, Face Amount

$ 50,000

Subsequent Event [Member] | David Anderson [Member] | Promissory Note [Member]

Subsequent Event [Line Items]

Interest rate

10.00%

10.00%

Debt Instrument, Maturity Date

Jul. 23, 2021

Aug. 2, 2021

Debt Instrument, Face Amount

$ 20,000

$ 30,500

Subsequent Event [Member] | Simon Kay [Member] | Promissory Note [Member]

Subsequent Event [Line Items]

Interest rate

10.00%

Debt Instrument, Maturity Date

Aug. 3, 2021

Debt Instrument, Face Amount

$ 10,000

Subsequent Event [Member] | Paycheck Protection Program [Member]

Subsequent Event [Line Items]

Notes payable

$ 123,381

Accrued interest

$ 825

Subsequent Event [Member] | Secured Convertible Promissory Note Agreements With Related Party [Member]

Subsequent Event [Line Items]

Notes payable

$ 1,000,000

Accrued interest

$ 110,005

Number of warrants exercised

11,250,000

Amount of debt conversion

$ 1,610,005

Debt Conversion, Converted Instrument, Rate

20.00%

Additional notes payable

$ 500,000

Interest rate

20.00%

Debt Instrument, Maturity Date

May 12, 2021

Debt Instrument, Face Amount

$ 1,207,504

Subsequent Event [Member] | Secured Convertible Promissory Note Agreements With Related Party [Member] | Noteholders [Member]

Subsequent Event [Line Items]

Number of warrants exercised

15,000,000

Strike price of warrants

$ 0.20

Proceeds from Convertible Debt

$ 3,000,000

Subsequent Event [Member] | Secured Convertible Promissory Note Agreements With Related Party [Member] | Third Party Investor [Member]

Subsequent Event [Line Items]

Debt Conversion, Converted Instrument, Rate

1.00%

Common Stock, Par or Stated Value Per Share

$ 0.001

Proceeds from Convertible Debt

$ 500,000

Subsequent Event [Member] | Promissory Note Agreement With Its Bank [Member]

Subsequent Event [Line Items]

Notes payable

$ 165,747

Interest rate

1.00%

SUMMARY OF SIGNIFICANT ACCOU_17

SUMMARY OF SIGNIFICANT ACCOUNTING POLICY (Details Narrative) - USD ($)	Jul. 09, 2021	Jun. 10, 2021	May 12, 2021	Jan. 09, 2021	Jul. 09, 2020	May 20, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	May 17, 2021	Oct. 13, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash insured amount							$ 250,000		$ 250,000		$ 250,000
Depreciation expense							$ 32,216	$ 29,947	63,925	$ 55,774	117,340	$ 17,143
Stock compensation expense									729,525		$ 165,590	$ 1,701,316
Consulting Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares due			250,000		600,000								300,000	250,000
Fair falue of shares				$ 0.23	$ 0.29
Shares to be issued					350,000									250,000
Restricted common shares issued	350,000
Fair value of restricted common shares issued	$ 80,500
Stock compensation expense					$ 165,590				$ 81,563
Consulting Agreement 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair falue of shares		$ 0.299	$ 0.256	$ 0.23
Restricted common shares issued		300,000	250,000	250,000
Fair value of restricted common shares issued		$ 89,700	$ 64,045	$ 57,500
Options [Member] | Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share option issued						777,778
Strike price						$ 0.27
Grant date fair value of the options						$ 160,857
Options expire						5 years
Stock compensation expense						$ 160,857
Options [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share option issued						500,000
Strike price						$ 0.28
Grant date fair value of the options						$ 102,923
Options expire						5 years
Stock compensation expense						$ 102,923

NOTE PAYABLE _ CONVERTIBLE (Det

NOTE PAYABLE – CONVERTIBLE (Details Narrative) - USD ($)	Aug. 03, 2020	Feb. 16, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Schedule of Capitalization, Long-term Debt [Line Items]
Note payable - convertible			$ 0		$ 0		$ 10,000	$ 453,991
Amount of debt conversion								531,100
Proceeds from convertible debt					579,741	$ 585,000	1,620,000	408,000
Repayments of convertible debt					35,000	348,000	348,000	104,704
Interest expense							5,041	7,675
Accrued interest							0	11,244
Convertible Notes Payable [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest expense			0	$ 118,443	161	$ 158,250	64,093	$ 51,015
Accrued interest			$ 0		$ 0		$ 760
Unsecured Convertible Promissory Note With Investor [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Amount of debt conversion	$ 10,000
Interest rate	18.00%
Debt Instrument, Term	6 months
Proceeds from convertible debt	$ 500,000
Conversion price	$ 0.01
Repayments of convertible debt		$ 10,000
Accrued interest paid		$ 1,007

NOTE PAYABLE _ CONVERTIBLE _ _2

NOTE PAYABLE – CONVERTIBLE – RELATED PARTY (Details Narrative) - USD ($)	May 12, 2021	Feb. 12, 2021	Aug. 03, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Schedule of Capitalization, Long-term Debt [Line Items]
Notes payable - convertible - related party				$ 1,689,746		$ 1,689,746		$ 1,025,000	$ 0
Amount of debt conversion									531,100
Proceeds from convertible debt						579,741	$ 585,000	1,620,000	408,000
Repayments of Convertible Debt						$ 35,000	348,000	$ 348,000	104,704
Warrants Term						5 years
Exercise price of warrants								$ 0.30
Gain (Loss) on Extinguishment of Debt				(3,056,892)	$ 980	$ (6,743,015)	980	$ (56,948)
Interest expense								5,041	7,675
Accrued interest								0	11,244
Convertible Promissory Note Investors [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Amount of debt conversion			$ 1,000,000
Interest rate	20.00%	20.00%	20.00%
Debt Instrument, Term	9 months	3 months	6 months
Proceeds from convertible debt			$ 500,000
Conversion price			$ 0.01
Debt principal amount	$ 1,689,746	$ 1,610,005	$ 750,000
Repayments of Convertible Debt	1,610,005	1,000,000
Accrued interest paid	$ 79,742	$ 110,005
Debt Conversion, Converted Instrument, Warrants or Options Issued	7,500,000	15,000,000
Warrants Term	5 years	5 years
Extinguishment of Debt, Gain (Loss), Net of Tax		$ 3,686,136
Exercise price of warrants	$ 0.35
Gain (Loss) on Extinguishment of Debt	$ 1,874,705
Convertible Notes Payable Related Party [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Interest expense				84,605	$ 74,029	151,521	$ 74,029	93,736	4,704
Accrued interest				$ 46,048		$ 46,048		$ 86,574	$ 0

NOTE PAYABLE (Details Narrative

NOTE PAYABLE (Details Narrative) - USD ($)

Apr. 09, 2021

Apr. 02, 2021

May 21, 2021

Apr. 16, 2021

Apr. 02, 2021

Jun. 30, 2021

Jun. 30, 2020

Jun. 30, 2021

Jun. 30, 2020

Dec. 31, 2020

Dec. 31, 2019

Mar. 30, 2021

Feb. 25, 2021

Offsetting Liabilities [Line Items]

Notes payable

$ 787,412

$ 787,412

$ 128,021

Warrant expire term

5 years

Gain (Loss) on Extinguishment of Debt

(3,056,892)

$ 980

$ (6,743,015)

$ 980

(56,948)

Interest expense

5,041

7,675

Accrued interest

0

$ 11,244

Promissory Note [Member]

Offsetting Liabilities [Line Items]

Gain (Loss) on Extinguishment of Debt

$ 1,487,386

Promissory Note [Member]

Offsetting Liabilities [Line Items]

Accrued interest forgave

5,199

Notes Payables [Member]

Offsetting Liabilities [Line Items]

Interest expense

29,802

$ 2,025

30,177

$ 3,986

Accrued interest

24,540

24,540

$ 0

Financing Arrangements [Member]

Offsetting Liabilities [Line Items]

Notes payable

$ 26,665

$ 26,665

Interest rate

9.67%

Promissory Note Agreement 1 [Member]

Offsetting Liabilities [Line Items]

Interest rate

1.00%

Debt principal amount

$ 165,747

Promissory Note [Member]

Offsetting Liabilities [Line Items]

Interest rate

18.00%

18.00%

18.00%

18.00%

Debt principal amount

$ 50,000

$ 200,000

$ 300,000

$ 25,000

$ 200,000

Debt Instrument, Term

1 year

1 year

1 year

Common stock warrants issued

500,000

6,000,000

250,000

2,000,000

Warrants exercise price

$ 0.20

$ 0.20

$ 0.15

$ 0.25

Warrant expire term

5 years

5 years

5 years

5 years

Promissory Note 0 [Member]

Offsetting Liabilities [Line Items]

Interest rate

18.00%

Debt principal amount

$ 300,000

Common stock warrants issued

3,000,000

Warrants exercise price

$ 0.25

Warrant expire term

5 years

Maturity date

Apr. 16, 2022

Promissory Note 1 [Member]

Offsetting Liabilities [Line Items]

Interest rate

18.00%

Debt principal amount

$ 20,000

Debt Instrument, Term

1 year

Common stock warrants issued

200,000

Warrants exercise price

$ 0.25

Warrant expire term

5 years

Promissory Note 2 [Member]

Offsetting Liabilities [Line Items]

Debt principal amount

$ 300,000

Debt Instrument, Term

1 year

Common stock warrants issued

3,000,000

Warrants exercise price

$ 0.25

Warrant expire term

5 years

Promissory Note 3 [Member]

Offsetting Liabilities [Line Items]

Interest rate

18.00%

Debt principal amount

$ 300,000

Common stock warrants issued

3,000,000

Warrants exercise price

$ 0.25

Warrant expire term

5 years

NOTE PAYABLE - RELATED PARTY (D

NOTE PAYABLE - RELATED PARTY (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Apr. 02, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Obligation with Joint and Several Liability Arrangement [Line Items]
Notes payable - related party		$ 300,000		$ 300,000		$ 0
Warrant expire term				5 years
Interest expense related party		13,335	$ 364	$ 13,335	$ 2,455
Accrued interest						0	$ 11,244
Promissory Note [Member] | Paul Sallarulo [Member]
Obligation with Joint and Several Liability Arrangement [Line Items]
Debt principal amount	$ 150,000
Interest rate	18.00%
Debt Instrument, Term	1 year
Common stock warrants issued	1,500,000
Warrant, Exercise Price, Decrease	$ 0.20
Warrant expire term	5 years
Promissory Note [Member] | Michael V Barbera [Member]
Obligation with Joint and Several Liability Arrangement [Line Items]
Debt principal amount	$ 150,000
Interest rate	18.00%
Debt Instrument, Term	1 year
Common stock warrants issued	1,500,000
Warrant, Exercise Price, Decrease	$ 0.20
Warrant expire term	5 years
Notes Payables Related Party [Member]
Obligation with Joint and Several Liability Arrangement [Line Items]
Accrued interest		$ 13,335		$ 13,335		$ 0

OPTIONS AND WARRANTS (Summary o

OPTIONS AND WARRANTS (Summary of Options and Warrants Grants to Consultants, Directors and Employees) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options and Warrants outstanding and exercisable	4,727,778	4,542,500
Weighted-average exercise price	$ 0.36	$ 0.41	$ 0.40	$ 0.35
Aggregate intrinsic value	$ 579,494	$ 118,148
Weighted-average remaining contractual term (years)	4 years 2 months 8 days	3 years 10 months 9 days
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options and Warrants outstanding and exercisable	78,620,378	38,920,378
Weighted-average exercise price	$ 0.25	$ 0.27	$ 0.23	$ 0.24
Aggregate intrinsic value	$ 15,067,991	$ 2,973,660	$ 1,956,750
Weighted-average remaining contractual term (years)	3 months 26 days	3 years 4 months 13 days