Indoor Harvest (INQD) 10-Q 7 Sep 21 2021 Q2 Quarterly report Financial data

Cover

Cover	6 Months Ended
	Jun. 30, 2021shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	000-55594
Entity Registrant Name	INDOOR HARVEST CORP
Entity Central Index Key	0001572565
Entity Tax Identification Number	45-5577364
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	7401 W. Slaughter Lane #5078
Entity Address, City or Town	Austin
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78739
City Area Code	512
Local Phone Number	309-1776
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	2,401,396,041

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Current Assets:
Cash	$ 40,784	$ 1,207
Prepaid expenses and other receivable		1,876
Total Current Assets	40,784	3,083
TOTAL ASSETS	40,784	3,083
Current Liabilities:
Accounts payable and accrued liabilities	382,989	354,596
Convertible notes payable	148,200	123,200
Derivative liabilities	121,589,532	44,274,727
Total Current Liabilities	122,120,721	44,752,523
Total Liabilities	122,120,721	44,752,523
Commitments and contingencies
Stockholders’ Deficit
Preferred stock: 15,000,000 authorized; $0.01 par value; Series A Convertible Preferred stock: 15,000,000 designated, 750,000 shares issued and outstanding	7,500	7,500
Common stock: 10,000,000,000 authorized; $0.001 par value; 2,401,396,041 shares issued and outstanding	2,401,396	2,401,396
Additional paid in capital	14,014,324	14,014,324
Shares of common stock to be issued	40,000
Accumulated deficit	(138,543,157)	(61,172,660)
Total Stockholders’ Deficit	(122,079,937)	(44,749,440)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 40,784	$ 3,083

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020
Preferred Stock, shares authorized	15,000,000	15,000,000
Preferred Stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000,000	10,000,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	2,401,396,041	2,401,396,041
Common stock, shares outstanding	2,401,396,041	2,401,396,041
Series A Convertible Preferred Stock [Member]
Preferred Stock, shares authorized	15,000,000	15,000,000
Preferred Stock, par value	$ 0.01	$ 0.01
Preferred stock, shares issued	750,000	750,000
Preferred stock, shares outstanding	750,000	750,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Income Statement [Abstract]
Revenue
Operating Expenses
Professional fees	23,657	34,512	41,157	161,662
General and administrative	5,680	5,541	10,905	10,220
Total Operating Expenses	29,337	40,053	52,062	171,882
Loss from operations	(29,337)	(40,053)	(52,062)	(171,882)
Other Income (Expense)
Interest expense	(1,825)	(80,655)	(3,630)	(121,820)
Change in fair value of derivative liability	26,289,783	(48,123,243)	(77,314,805)	(49,684,202)
Total other income (loss)	26,287,958	(48,203,898)	(77,318,435)	(49,806,022)
Income (loss) before income taxes	26,258,621	(48,243,951)	(77,370,497)	(49,977,904)
Provision for income taxes
Net income (loss)	26,258,621	(48,243,951)	(77,370,497)	(49,977,904)
Comprehensive income (Loss)	$ 26,258,621	$ (48,243,951)	$ (77,370,497)	$ (49,977,904)
Basic and diluted income (loss) per common share
Basic	$ 0.01	$ (0.05)	$ (0.03)	$ (0.08)
Diluted	$ 0	$ (0.05)	$ (0.03)	$ (0.08)
Weighted average number of common shares outstanding
Basic	2,401,396,041	1,031,162,789	2,401,396,041	619,698,242
Diluted	14,936,399,181	1,031,162,789	2,401,396,041	619,698,242

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Deficit (Unaudited) - USD ($)	Series A Convertible Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Stock Payable [Member]	Retained Earnings [Member]	Total
Beginning balance at Dec. 31, 2019	$ 7,500	$ 201,038	$ 10,377,256		$ (14,891,885)	$ (4,306,091)
Beginning balance, shares at Dec. 31, 2019	750,000	201,037,304
Common stock issued for services - third party		$ 2,021	70,899			72,920
Common stock issued for services - third party, shares		2,021,006
Convertible debt converted into common stock		$ 70,265	(49,088)			21,177
Convertible debt converted into common stock, shares		70,264,956
Derivative liability			38,999			38,999
Net loss					(1,733,953)	(1,733,953)
Ending balance at Mar. 31, 2020	$ 7,500	$ 273,324	10,438,066		(16,625,838)	(5,906,948)
Ending balance, shares at Mar. 31, 2020	750,000	273,323,266
Beginning balance at Dec. 31, 2019	$ 7,500	$ 201,038	10,377,256		(14,891,885)	(4,306,091)
Beginning balance, shares at Dec. 31, 2019	750,000	201,037,304
Net loss						(49,977,904)
Ending balance at Jun. 30, 2020	$ 7,500	$ 1,543,764	11,658,928		(64,869,789)	(51,659,597)
Ending balance, shares at Jun. 30, 2020	750,000	1,543,763,866
Beginning balance at Mar. 31, 2020	$ 7,500	$ 273,324	10,438,066		(16,625,838)	(5,906,948)
Beginning balance, shares at Mar. 31, 2020	750,000	273,323,266
Convertible debt converted into common stock		$ 1,270,440	(876,533)			393,907
Convertible debt converted into common stock, shares		1,270,440,600
Derivative liability			2,097,395			2,097,395
Net loss					(48,243,951)	(48,243,951)
Ending balance at Jun. 30, 2020	$ 7,500	$ 1,543,764	11,658,928		(64,869,789)	(51,659,597)
Ending balance, shares at Jun. 30, 2020	750,000	1,543,763,866
Beginning balance at Dec. 31, 2020	$ 7,500	$ 2,401,396	14,014,324		(61,172,660)	(44,749,440)
Beginning balance, shares at Dec. 31, 2020	750,000	2,401,396,041
Net loss					(103,629,118)	(103,629,118)
Ending balance at Mar. 31, 2021	$ 7,500	$ 2,401,396	14,014,324		(164,801,778)	(148,378,558)
Ending balance, shares at Mar. 31, 2021	750,000	2,401,396,041
Beginning balance at Dec. 31, 2020	$ 7,500	$ 2,401,396	14,014,324		(61,172,660)	(44,749,440)
Beginning balance, shares at Dec. 31, 2020	750,000	2,401,396,041
Net loss						(77,370,497)
Ending balance at Jun. 30, 2021	$ 7,500	$ 2,401,396	14,014,324	40,000	(138,543,157)	(122,079,937)
Ending balance, shares at Jun. 30, 2021	750,000	2,401,396,041
Beginning balance at Mar. 31, 2021	$ 7,500	$ 2,401,396	14,014,324		(164,801,778)	(148,378,558)
Beginning balance, shares at Mar. 31, 2021	750,000	2,401,396,041
Stock payable				40,000		40,000
Net loss					26,258,621	26,258,621
Ending balance at Jun. 30, 2021	$ 7,500	$ 2,401,396	$ 14,014,324	$ 40,000	$ (138,543,157)	$ (122,079,937)
Ending balance, shares at Jun. 30, 2021	750,000	2,401,396,041

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash Flows from Operating Activities:
Net loss	$ (77,370,497)	$ (49,977,904)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense		7,305
Amortization of debt discount		70,795
Change in fair value of embedded derivative liability	77,314,805	49,684,202
Stock issued for services - third party		72,920
Changes in operating assets and liabilities:
Prepaid expenses and other receivable	1,876	5,331
Accounts payable and accrued expenses	28,393	128,742
Net Cash used in Operating Activities	(25,423)	(8,609)
Cash Flows from Financing Activities:
Repayments of note payable		(2,435)
Proceeds from convertible notes	25,000
Proceeds from shares of common stock to be issued	40,000
Net Cash provided by (used in) Financing Activities	65,000	(2,435)
Net change in cash	39,577	(11,044)
Cash, beginning of period	1,207	12,353
Cash, end of period	40,784	1,309
Supplemental Cash Flow Information
Cash paid for interest
Cash paid for taxes
Non-Cash Investing and Financing Activities:
Conversion of convertible note into common shares		21,177
Derivative liability reclassified to paid-in capital		$ 38,999

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations and Organization Indoor Harvest Corp (the “Company,”) is a Texas corporation formed on November 23, 2011. Our principal executive office was located at 7401 W. Slaughter Lane #5078, Austin, Texas 78739. On August 14, 2019, the Company established a wholly owned subsidiary, IHC Consulting, Inc. (“IHC”), in the State of New York of the United States of America. IHC Consulting will provide consulting and other services to the Company and others on a contracted basis. COVID-19 A novel strain of coronavirus (COVID-19) was first identified in December 2019, and subsequently declared a global pandemic by the World Health Organization on March 11, 2020. As a result of the outbreak, many companies have experienced disruptions in their operations and in markets served. The Company has instituted some and may take additional temporary precautionary measures intended to help ensure the well-being of its managers and minimize business disruption. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that there were no material adverse impacts on the Company’s results of operations and financial position at September 30, 2020. The full extent of the future impacts of COVID-19 on the Company’s operations is uncertain. A prolonged outbreak could have a material adverse impact on financial results and business operations of the Company, including the timing and ability of the Company to develop its business plan. Interim Financial Statements The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they may not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2020, as not all disclosures required by generally accepted accounting principles for annual financial statements may be presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended December 31, 2020. Basis of Presentation The accompanying condensed consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the U.S. Securities and Exchange Commission. Accordingly, they may not include all of the information and disclosures required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2020, as not all disclosures required by generally accepted accounting principles for annual financial statements may be presented. Use of Estimates The preparation of financial statements in conformity with GAAP 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. Significant estimates include, but are not limited to, the estimate of percentage of completion on construction contracts in progress at each reporting period which we rely on as a primary basis of revenue recognition, estimated useful lives of equipment for purposes of depreciation and the valuation of common shares issued for services, equipment and the liquidation of liabilities. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant inter-company accounts and transactions have been eliminated in consolidation. Loss per Share Basic earnings (loss) per share amounts are calculated based on the weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per share is based on the weighted average numbers of shares of common stock outstanding for the periods, including dilutive effects of stock options, warrants granted and convertible preferred stock. Dilutive options and warrants that are issued during a period or that expire or are cancelled during a period are reflected in the computations for the time they were outstanding during the periods being reported. Since Indoor Harvest has incurred losses for all periods, the impact of the common stock equivalents would be anti- dilutive and therefore are not included in the calculation. For the six months ended June 30, 2021 and 2020, respectively, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive. SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Six months ended June 30, 2021 2020 (shares) (shares) Series A Preferred Stock 12,500,000,000 12,500,000,000 Convertible notes 35,003,140 533,149,277 12,535,003,140 13,033,149,277 Derivative Liability The Company accounts for derivative instruments in accordance with ASC 815, which establishes accounting and reporting standards for derivative instruments and hedging activities, including certain derivative instruments embedded in other financial instruments or contracts and requires recognition of all derivatives on the balance sheet at fair value, regardless of hedging relationship designation. Accounting for changes in fair value of the derivative instruments depends on whether the derivatives qualify as hedge relationships and the types of relationships designated are based on the exposures hedged. At June 30, 2021 and December 31, 2020, the Company did not have any derivative instruments that were designated as hedges. Fair Value of Financial Instruments As defined in ASC 820” Fair Value Measurements,” The following table summarizes fair value measurements by level at June 30, 2021 and December 31, 2020, measured at fair value on a recurring basis: SCHEDULE OF FAIR VALUE OF ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS June 30, 2021 Level 1 Level 2 Level 3 Total Assets None $ - $ - $ - $ - Liabilities Derivative liabilities $ - $ - $ 121,589,532 $ 121,589,532 December 31, 2020 Level 1 Level 2 Level 3 Total Assets None $ - $ - $ - $ - Liabilities Derivative liabilities $ - $ - $ 44,274,727 $ 44,274,727 Recently Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, ASC Subtopic 470-20 “Debt—Debt with “Conversion and Other Options” and ASC subtopic 815-40 “Hedging—Contracts in Entity’s Own Equity”. The standard reduced the number of accounting models for convertible debt instruments and convertible preferred stock. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting; and, (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. The amendments in this update are effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2 - GOING CONCERN The accompanying unaudited consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. The Company had minimal cash as of June 30, 2021, incurred losses from its operations and did not generate cash from its operation for past two years and the six months ended June 30, 2021. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. The Company’s continued existence is dependent upon management’s ability to develop profitable operations, continued contributions from the Company’s executive officers to finance its operations and the ability to obtain additional funding sources to explore potential strategic relationships and to provide capital and other resources for the further development and marketing of the Company’s products and business.

ACCOUNTS PAYABLE AND ACCRUED LI

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	NOTE 3 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities at June 30, 2021 and December 31, 2020 are as follows: SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES June 30, December 31, 2021 2020 Accounts payable $ 310,470 $ 283,357 Credit card 14,620 16,570 Accrued expenses 15,314 15,714 Accrued management fee 3,605 3,605 Accrued interest 38,980 35,350 Accounts payable and accrued liabilities $ 382,989 $ 354,596

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 4 - CONVERTIBLE NOTES PAYABLE Convertible notes payable at June 30, 2021 and December 31, 2020 are as follows: SCHEDULE OF CONVERTIBLE NOTES PAYABLE June 30, December 31, 2021 2020 Note 1 $ 50,000 $ 50,000 Note 2 25,200 25,200 Note 3 38,000 38,000 Note 4 - related party 10,000 10,000 Note 5 25,000 - Total convertible notes payable 148,200 123,200 Less: Unamortized debt discount - - Total convertible notes 148,200 123,200 Less: current portion of convertible notes 148,200 123,200 Long-term convertible notes $ - $ - During the six months ended June 30, 2021 and 2020, the Company recorded interest expense of $ 3,630 50,795 0 70,795 38,980 35,350 Note 1 On October 12, 2017, the Company issued a fixed convertible promissory note to Tangiers for the principal sum of $ 50,000 May 12, 2018 0.1666 65% 10 20% Note 2 On October 22, 2019, the Company issued and sold an 10% 48,000 3,000 61% 20 Note 3 On December 19, 2019, the Company issued and sold an 10% 38,000 3,000 61% 20 Note 4 – related party On September 28, 2020, the Company issued and sold an 10% 10,000 0.002 65% 15 Note 5 In March 2021, a third party advanced $ 25,000 On August 9, 2021, the Company issued and sold an 10% Fixed Convertible Promissory Note (“Note 5”), in the principal amount of $ 25,000 0.00225 65% 15

DERIVATIVE LIABILITIES

DERIVATIVE LIABILITIES	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE LIABILITIES	NOTE 5 - DERIVATIVE LIABILITIES The Company identified the conversion features embedded within its convertible debts as financial derivatives. The Company has determined that the embedded conversion option should be accounted for at fair value. The following schedule shows the change in fair value of the derivative liabilities at June 30, 2021: SCHEDULE OF CHANGE IN FAIR VALUE OF DERIVATIVE LIABILITIES Fair Value Measurements Using Significant Observable Inputs (Level 3) Balance - December 31, 2020 $ 44,274,727 Loss on change in fair value of the derivative 77,314,805 Balance - June 30, 2021 $ 121,589,532 The aggregate loss on derivatives during the six months ended June 30, 2021 and 2020 was $ 77,314,805 49,684,202

SHAREHOLDERS_ EQUITY

SHAREHOLDERS’ EQUITY	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
SHAREHOLDERS’ EQUITY	NOTE 6 - SHAREHOLDERS’ EQUITY Series A Convertible Preferred Stock As of June 30, 2021 and December 31, 2020, there were 750,000 Common Stock During the six months ended June 30, 2021, there were no share issuances. As of June 30, 2021 and December 31, 2020, there were 2,401,396,041 Shares to Be Issued As of July 1, 2021, the Company entered into subscription agreements, (the “Agreement”), with certain accredited investors for the sale of 8,000,000 40,000 40,000 Common Stock Warrants and Options As of June 30, 2021, there were no

NET INCOME (LOSS) PER COMMON SH

NET INCOME (LOSS) PER COMMON SHARE	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
NET INCOME (LOSS) PER COMMON SHARE	NOTE 7 - NET INCOME (LOSS) PER COMMON SHARE Basic net income per common share is computed by dividing net income by the weighted average number of common shares outstanding during the periods. Diluted net income per common share is computed using the weighted average number of common and dilutive common equivalent shares outstanding during the periods. Common equivalent shares consist of convertible preferred stock and convertible notes that are computed using the if-converted method, and outstanding warrants that are computed using the treasury stock method. Antidilutive stock awards consist of stock options that would have been antidilutive in the application of the treasury stock method. SCHEDULE OF EARNINGS PER SHARE, BASIC AND DILUTED 2021 2020 2021 2020 Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 Numerator: Net income (loss) $ 26,258,621 $ (48,243,951 ) $ (77,370,497 ) $ (49,977,904 ) Gain on change in fair value of derivatives (26,289,783 ) - - - Interest on convertible debt 1,825 - - - Net loss - diluted $ (29,337 ) $ (48,243,951 ) $ (77,370,497 ) $ (49,977,904 ) Denominator: Weighted average common shares outstanding 2,401,396,041 1,031,162,789 2,401,396,041 619,698,242 Effect of dilutive shares 12,535,003,140 - - - Diluted 14,936,399,181 1,031,162,789 2,401,396,041 619,698,242 Net income (loss) per common share: Basic $ 0.01 $ (0.05 ) $ (0.03 ) $ (0.08 ) Diluted $ (0.00 ) $ (0.05 ) $ (0.03 ) $ (0.08 ) For the six months ended June 30, 2021 and the three and six months ended June 30, 2020, the convertible instruments are anti-dilutive and therefore, have been excluded from earnings (loss) per share.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 - SUBSEQUENT EVENTS The Company evaluates subsequent events that have occurred after the balance sheet date of June 30, 2021, and up through September 3, 2021, which is the date that these financial statements are available to be issued. There are two types of subsequent events: (i) recognized, or those that provide additional evidence with respect to conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements, and (ii) non-recognized, or those that provide evidence with respect to conditions that did not exist at the date of the balance sheet but arose subsequent to that date. The Company had a dispute with Power Up Lending Group, Ltd. (“Power Up”), the holder of certain promissory notes dated October 22, 2019, and December 19, 2019, issued by the Registrant, including allegations or claims of default and a suit. As part of the Company’s recovery efforts after COVID-19, it reached an amicable resolution with “Power Up”, in third quarter of 2021, whereby the Company and Power Up agreed on an amount of $ 80,000 On August 26, 2021, the Company entered into subscription agreements, (the “Agreement”), with certain accredited investors for the sale of Eighty-Two Million ( 82,000,000 0.001 410,000 The Company intends to use the net proceeds from the sale of the Shares for general corporate purposes, such as payments for certain professional service providers, filing requirements, settlement of certain payables, and general working capital. On August 27, 2021, the Company completed an initiative where it entered into a Modification Agreement (the “Modification”) with current Series A Convertible Preferred Stockholders to modify their conversion privileges to align and support the current management team’s initiatives with the goal of benefiting shareholders. The modification agreement provides the preferred stockholders the right to convert their preferred shares into common shares at a conversion price at the lower of $ 0.40 500,000

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Nature of Operations and Organization	Nature of Operations and Organization Indoor Harvest Corp (the “Company,”) is a Texas corporation formed on November 23, 2011. Our principal executive office was located at 7401 W. Slaughter Lane #5078, Austin, Texas 78739. On August 14, 2019, the Company established a wholly owned subsidiary, IHC Consulting, Inc. (“IHC”), in the State of New York of the United States of America. IHC Consulting will provide consulting and other services to the Company and others on a contracted basis.
COVID-19	COVID-19 A novel strain of coronavirus (COVID-19) was first identified in December 2019, and subsequently declared a global pandemic by the World Health Organization on March 11, 2020. As a result of the outbreak, many companies have experienced disruptions in their operations and in markets served. The Company has instituted some and may take additional temporary precautionary measures intended to help ensure the well-being of its managers and minimize business disruption. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that there were no material adverse impacts on the Company’s results of operations and financial position at September 30, 2020. The full extent of the future impacts of COVID-19 on the Company’s operations is uncertain. A prolonged outbreak could have a material adverse impact on financial results and business operations of the Company, including the timing and ability of the Company to develop its business plan.
Interim Financial Statements	Interim Financial Statements The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they may not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2020, as not all disclosures required by generally accepted accounting principles for annual financial statements may be presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended December 31, 2020.
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the U.S. Securities and Exchange Commission. Accordingly, they may not include all of the information and disclosures required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2020, as not all disclosures required by generally accepted accounting principles for annual financial statements may be presented.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP 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. Significant estimates include, but are not limited to, the estimate of percentage of completion on construction contracts in progress at each reporting period which we rely on as a primary basis of revenue recognition, estimated useful lives of equipment for purposes of depreciation and the valuation of common shares issued for services, equipment and the liquidation of liabilities.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant inter-company accounts and transactions have been eliminated in consolidation.
Loss per Share	Loss per Share Basic earnings (loss) per share amounts are calculated based on the weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per share is based on the weighted average numbers of shares of common stock outstanding for the periods, including dilutive effects of stock options, warrants granted and convertible preferred stock. Dilutive options and warrants that are issued during a period or that expire or are cancelled during a period are reflected in the computations for the time they were outstanding during the periods being reported. Since Indoor Harvest has incurred losses for all periods, the impact of the common stock equivalents would be anti- dilutive and therefore are not included in the calculation. For the six months ended June 30, 2021 and 2020, respectively, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive. SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Six months ended June 30, 2021 2020 (shares) (shares) Series A Preferred Stock 12,500,000,000 12,500,000,000 Convertible notes 35,003,140 533,149,277 12,535,003,140 13,033,149,277
Derivative Liability	Derivative Liability The Company accounts for derivative instruments in accordance with ASC 815, which establishes accounting and reporting standards for derivative instruments and hedging activities, including certain derivative instruments embedded in other financial instruments or contracts and requires recognition of all derivatives on the balance sheet at fair value, regardless of hedging relationship designation. Accounting for changes in fair value of the derivative instruments depends on whether the derivatives qualify as hedge relationships and the types of relationships designated are based on the exposures hedged. At June 30, 2021 and December 31, 2020, the Company did not have any derivative instruments that were designated as hedges.
Fair Value of Financial Instruments	Fair Value of Financial Instruments As defined in ASC 820” Fair Value Measurements,” The following table summarizes fair value measurements by level at June 30, 2021 and December 31, 2020, measured at fair value on a recurring basis: SCHEDULE OF FAIR VALUE OF ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS June 30, 2021 Level 1 Level 2 Level 3 Total Assets None $ - $ - $ - $ - Liabilities Derivative liabilities $ - $ - $ 121,589,532 $ 121,589,532 December 31, 2020 Level 1 Level 2 Level 3 Total Assets None $ - $ - $ - $ - Liabilities Derivative liabilities $ - $ - $ 44,274,727 $ 44,274,727
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, ASC Subtopic 470-20 “Debt—Debt with “Conversion and Other Options” and ASC subtopic 815-40 “Hedging—Contracts in Entity’s Own Equity”. The standard reduced the number of accounting models for convertible debt instruments and convertible preferred stock. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting; and, (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. The amendments in this update are effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE	For the six months ended June 30, 2021 and 2020, respectively, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive. SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Six months ended June 30, 2021 2020 (shares) (shares) Series A Preferred Stock 12,500,000,000 12,500,000,000 Convertible notes 35,003,140 533,149,277 12,535,003,140 13,033,149,277
SCHEDULE OF FAIR VALUE OF ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS	The following table summarizes fair value measurements by level at June 30, 2021 and December 31, 2020, measured at fair value on a recurring basis: SCHEDULE OF FAIR VALUE OF ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS June 30, 2021 Level 1 Level 2 Level 3 Total Assets None $ - $ - $ - $ - Liabilities Derivative liabilities $ - $ - $ 121,589,532 $ 121,589,532 December 31, 2020 Level 1 Level 2 Level 3 Total Assets None $ - $ - $ - $ - Liabilities Derivative liabilities $ - $ - $ 44,274,727 $ 44,274,727

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	Accounts payable and accrued liabilities at June 30, 2021 and December 31, 2020 are as follows: SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES June 30, December 31, 2021 2020 Accounts payable $ 310,470 $ 283,357 Credit card 14,620 16,570 Accrued expenses 15,314 15,714 Accrued management fee 3,605 3,605 Accrued interest 38,980 35,350 Accounts payable and accrued liabilities $ 382,989 $ 354,596

CONVERTIBLE NOTES PAYABLE (Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
SCHEDULE OF CONVERTIBLE NOTES PAYABLE	Convertible notes payable at June 30, 2021 and December 31, 2020 are as follows: SCHEDULE OF CONVERTIBLE NOTES PAYABLE June 30, December 31, 2021 2020 Note 1 $ 50,000 $ 50,000 Note 2 25,200 25,200 Note 3 38,000 38,000 Note 4 - related party 10,000 10,000 Note 5 25,000 - Total convertible notes payable 148,200 123,200 Less: Unamortized debt discount - - Total convertible notes 148,200 123,200 Less: current portion of convertible notes 148,200 123,200 Long-term convertible notes $ - $ -

DERIVATIVE LIABILITIES (Tables)

DERIVATIVE LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
SCHEDULE OF CHANGE IN FAIR VALUE OF DERIVATIVE LIABILITIES	The following schedule shows the change in fair value of the derivative liabilities at June 30, 2021: SCHEDULE OF CHANGE IN FAIR VALUE OF DERIVATIVE LIABILITIES Fair Value Measurements Using Significant Observable Inputs (Level 3) Balance - December 31, 2020 $ 44,274,727 Loss on change in fair value of the derivative 77,314,805 Balance - June 30, 2021 $ 121,589,532

NET INCOME (LOSS) PER COMMON _2

NET INCOME (LOSS) PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
SCHEDULE OF EARNINGS PER SHARE, BASIC AND DILUTED	SCHEDULE OF EARNINGS PER SHARE, BASIC AND DILUTED 2021 2020 2021 2020 Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 Numerator: Net income (loss) $ 26,258,621 $ (48,243,951 ) $ (77,370,497 ) $ (49,977,904 ) Gain on change in fair value of derivatives (26,289,783 ) - - - Interest on convertible debt 1,825 - - - Net loss - diluted $ (29,337 ) $ (48,243,951 ) $ (77,370,497 ) $ (49,977,904 ) Denominator: Weighted average common shares outstanding 2,401,396,041 1,031,162,789 2,401,396,041 619,698,242 Effect of dilutive shares 12,535,003,140 - - - Diluted 14,936,399,181 1,031,162,789 2,401,396,041 619,698,242 Net income (loss) per common share: Basic $ 0.01 $ (0.05 ) $ (0.03 ) $ (0.08 ) Diluted $ (0.00 ) $ (0.05 ) $ (0.03 ) $ (0.08 )

SCHEDULE OF ANTIDILUTIVE SECURI

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE (Details) - shares	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities	12,535,003,140	13,033,149,277
Series A Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities	12,500,000,000	12,500,000,000
Convertible Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities	35,003,140	533,149,277

SCHEDULE OF FAIR VALUE OF ASSET

SCHEDULE OF FAIR VALUE OF ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets
Derivative liabilities	121,589,532	44,274,727
Fair Value, Inputs, Level 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets
Derivative liabilities
Fair Value, Inputs, Level 2 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets
Derivative liabilities
Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets
Derivative liabilities	$ 121,589,532	$ 44,274,727

SCHEDULE OF ACCOUNTS PAYABLE AN

SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accounts payable	$ 310,470	$ 283,357
Credit card	14,620	16,570
Accrued expenses	15,314	15,714
Accrued management fee	3,605	3,605
Accrued interest	38,980	35,350
Accounts payable and accrued liabilities	$ 382,989	$ 354,596

SCHEDULE OF CONVERTIBLE NOTES P

SCHEDULE OF CONVERTIBLE NOTES PAYABLE (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Short-term Debt [Line Items]
Total convertible notes payable	$ 148,200	$ 123,200
Less: Unamortized debt discount
Total convertible notes	148,200	123,200
Less: current portion of convertible notes	148,200	123,200
Long-term convertible notes
Note 1 [Member]
Short-term Debt [Line Items]
Total convertible notes payable	50,000	50,000
Note 2 [Member]
Short-term Debt [Line Items]
Total convertible notes payable	25,200	25,200
Note 3 [Member]
Short-term Debt [Line Items]
Total convertible notes payable	38,000	38,000
Note 4 [Member]
Short-term Debt [Line Items]
Total convertible notes payable	10,000	10,000
Note 5 [Member]
Short-term Debt [Line Items]
Total convertible notes payable	$ 25,000

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details Narrative)	Aug. 09, 2021USD ($)Days$ / shares	Sep. 28, 2020USD ($)Days$ / shares	Dec. 19, 2019USD ($)Days	Oct. 22, 2019USD ($)Days	Oct. 12, 2017USD ($)Days$ / shares	Mar. 31, 2021USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Short-term Debt [Line Items]
Interest expense							$ (1,825)	$ (80,655)	$ (3,630)	$ (121,820)
Amortization of debt discount										70,795
Accrued interest of outstanding notes							38,980		38,980		$ 35,350
Original issue discount
Third Party [Member]
Short-term Debt [Line Items]
Advance due from third party						$ 25,000
10% Fixed Convertible Promissory Note Four [Member] | Related Party [Member]
Short-term Debt [Line Items]
Debt face amount		$ 10,000
Conversion of debt, price per share | $ / shares		$ 0.002
Conversion rate, percentage		65.00%
Number of trading days for conversion | Days		15
Debt interest rate		10.00%
Ten Percentage Fixed Convertible Promissory Note Five [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Debt face amount	$ 25,000
Conversion of debt, price per share | $ / shares	$ 0.00225
Conversion rate, percentage	65.00%
Number of trading days for conversion | Days	15
Power Up Lending Group Ltd [Member] | 10% Fixed Convertible Promissory Note Two [Member]
Short-term Debt [Line Items]
Debt face amount				$ 48,000
Conversion rate, percentage				61.00%
Number of trading days for conversion | Days				20
Debt interest rate				10.00%
Original issue discount				$ 3,000
Power Up Lending Group Ltd [Member] | Ten Percentage Fixed Convertible Promissory Note Three [Member]
Short-term Debt [Line Items]
Debt face amount			$ 38,000
Conversion rate, percentage			61.00%
Number of trading days for conversion | Days			20
Debt interest rate			10.00%
Original issue discount			$ 3,000
Investment Agreement [Member] | Tangiers Global, LLC [Member] | Fixed Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Debt face amount					$ 50,000
Debt maturity date					May 12, 2018
Conversion of debt, price per share | $ / shares					$ 0.1666
Conversion rate, percentage					65.00%
Number of trading days for conversion | Days					10
Debt interest rate					20.00%
Convertible Notes Payable [Member]
Short-term Debt [Line Items]
Interest expense									3,630	50,795
Amortization of debt discount									$ 0	$ 70,795

SCHEDULE OF CHANGE IN FAIR VALU

SCHEDULE OF CHANGE IN FAIR VALUE OF DERIVATIVE LIABILITIES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative liabilities, beginning	$ 44,274,727
Loss on change in fair value of the derivative	77,314,805	$ 49,684,202
Derivative liabilities, ending	$ 121,589,532

DERIVATIVE LIABILITIES (Details

DERIVATIVE LIABILITIES (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Aggregate loss on derivatives	$ 77,314,805	$ 49,684,202

SHAREHOLDERS_ EQUITY (Details N

SHAREHOLDERS’ EQUITY (Details Narrative) - USD ($)	Jul. 02, 2021	Jun. 30, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares issued		2,401,396,041	2,401,396,041
Common stock, shares outstanding		2,401,396,041	2,401,396,041
Stock payable		$ 40,000
Warrants outstanding		0
Subsequent Event [Member] | Subscription Agreements [Member] | Investor [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of stock, shares	8,000,000
Sale of stock, value	$ 40,000
Series A Convertible Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Preferred stock, shares issued		750,000	750,000
Preferred stock, shares outstanding		750,000	750,000

SCHEDULE OF EARNINGS PER SHARE,

SCHEDULE OF EARNINGS PER SHARE, BASIC AND DILUTED (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Net income (loss)	$ 26,258,621	$ (103,629,118)	$ (48,243,951)	$ (1,733,953)	$ (77,370,497)	$ (49,977,904)
Gain on change in fair value of derivatives	(26,289,783)
Interest on convertible debt	1,825
Net loss - diluted	$ (29,337)		$ (48,243,951)		$ (77,370,497)	$ (49,977,904)
Weighted average common shares outstanding	2,401,396,041		1,031,162,789		2,401,396,041	619,698,242
Effect of dilutive shares	$ 12,535,003,140
Diluted	14,936,399,181		1,031,162,789		2,401,396,041	619,698,242
Basic	$ 0.01		$ (0.05)		$ (0.03)	$ (0.08)
Diluted	$ 0		$ (0.05)		$ (0.03)	$ (0.08)

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Aug. 27, 2021	Aug. 26, 2021	Sep. 30, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Dec. 31, 2020
Subsequent Event [Line Items]
Common stock, par value						$ 0.001	$ 0.001
Number of shares issued for conversion, value				$ 393,907	$ 21,177
Common Stock [Member]
Subsequent Event [Line Items]
Number of shares issued for conversion, value				$ 1,270,440	$ 70,265
Subsequent Event [Member] | Subscription Agreement [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Number of common stock issued		82,000,000
Common stock, par value		$ 0.001
Number of common stock value		$ 410,000
Subsequent Event [Member] | Modification Agreement [Member] | Series A Convertible Preferred Stock [Member]
Subsequent Event [Line Items]
Common stock conversion price lower	$ 0.40
Number of shares issued for conversion, value	$ 500,000
Subsequent Event [Member] | Power Up Lending Group Ltd [Member]
Subsequent Event [Line Items]
Full payoff			$ 80,000