Balance Sheet

v3.19.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash $ 673,880 $ 4,693,950
Accounts receivable 220,456 102,292
Inventory 66,003 56,003
Prepaid expenses 154,038 122,713
Total Current Assets 1,114,377 4,974,958
Property and equipment, net 152,329 78,821
Intangible assets, net 9,422,070 8,920,360
Total Assets 10,688,776 13,974,139
Current Liabilities    
Accounts payable and accrued expenses 2,170,911 2,089,322
Accounts payable and accrued expenses - related party 12,992 9,690
Accrued interest 1,128,077 714,187
Accrued interest - related party 182,354 177,419
Wages payable 2,147,281 1,928,639
Deferred revenue 6,064 3,535
Short-term notes payable 45,232 45,232
Current portion of long term debt 266,657 366,657
Convertible notes, short term, net of discounts 5,495,881 3,248,746
Convertible notes, long term, net of discounts, current portion 55,137 39,726
Convertible notes, short term - related party 158,172 183,172
Total current liabilities 11,668,758 8,806,325
Total Liabilities 11,668,758 8,806,325
Stockholders' deficit:    
Preferred Stock 3,577 3,577
Common Stock 96,873 96,873
Additional paid-in capital 72,337,483 72,114,707
Accumulated deficit (73,417,915) (67,047,343)
Total Stockholders' (Deficit) Equity (979,982) 5,167,814
Total Liabilities and Stockholders' (Deficit) Equity $ 10,688,776 $ 13,974,139

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