Balance Sheet

v3.10.0.1
Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current Assets    
Cash $ 2,360,045 $ 421,869
Accounts receivable 168,521 217,380
Inventory 56,003 40,408
Prepaid expenses 124,149 361,642
Total Current Assets 2,708,718 1,041,299
Property and equipment, net 81,023 87,628
Intangible assets, net 8,408,306 7,043,644
Total Assets 11,198,047 8,172,571
Current Liabilities    
Accounts payable and accrued expenses 2,492,455 2,633,610
Accounts payable and accrued expenses - related party 56,649 68,060
Accrued interest 411,375 59,545
Accrued interest - related party 171,878 180,066
Advances - related party 115,000 65,000
Wages payable 1,963,945 2,133,210
Deferred revenue 4,938 8,760
Short-term notes payable 45,232 50,232
Current portion of long term debt 400,000 400,000
Convertible notes, short term 61,590 0
Convertible notes, short term - related party 183,172 521,172
Total current liabilities 5,906,234 6,119,655
Noncurrent Liabilities    
Contingent liability 37,500 37,500
Notes payable 66,657 366,658
Convertible notes, long term, net of discounts 28,425 80,404
Total Liabilities 6,038,816 6,604,217
Stockholders' deficit:    
Preferred Stock 3,595 3,640
Common Stock 91,108 77,063
Additional paid-in capital 66,802,323 51,384,027
Accumulated deficit (61,737,795) (49,896,376)
Total Stockholders' Equity 5,159,231 1,568,354
Total Liabilities and Stockholders' Equity $ 11,198,047 $ 8,172,571

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