Help identify vintage kids bike
I would consider it scrap metal. There are a few safety concerns. While millions of us survived childhood on bikes like these they don't meet current safety standards. The single coaster brake means that if the chain broke or fell off there would be no brakes. Modern bikes have hand brake mounted along with the coaster brake. The lack of a chain guard is a danger as a pant leg could get caught. The fork also appears to be bent as if the bike was in some sort of frontal crash. If your goal is an inexpensive bike consider used as children quickly outgrow them and most have limited use.