Current report filing

CONSOLIDATED BALANCE SHEETS

v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash $ 18,916 $ 46,448
Accounts receivable, net 34,749 35,225
Inventory 11,903 10,493
Prepaid expenses and other current assets 50,417 771
Total Current Assets 115,985 92,937
OTHER ASSETS:    
Property, plant and equipment, net 82,257 91,123
Security deposit 8,977 8,977
Total Other Assets 91,234 100,100
TOTAL ASSETS 207,219 193,037
CURRENT LIABILITIES:    
Convertible note payable, net of discount 24,219 0
Accounts payable 250,684 164,906
Accrued expenses 153,958 104,402
Accrued compensation 178,278 511,855
Total Current Liabilities 607,139 781,163
LONG-TERM LIABILITIES:    
Convertible note payable, net of discount 0 92,917
Total Long-term Liabilities 0 92,917
Total Liabilities 607,139 874,080
SHAREHOLDERS' DEFICIT:    
Common stock: $0.001 par value, 100,000,000 shares authorized; 58,953,638 and 45,717,635 issued and outstanding at March 31, 2018 and December 31, 2017, respectively 58,953 45,717
Additional paid-in capital 24,682,531 22,127,796
Accumulated deficit (25,141,404) (22,854,556)
Total Shareholders'' Deficit (399,920) (681,043)
Total Liabilities and Shareholders'' Deficit $ 207,219 $ 193,037