v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
CURRENT ASSETS:      
Cash $ 173,592 $ 77,211 $ 101,487
Accounts receivable, net 72,510 151,989  
Inventory 42,805 14,820  
Prepaid expenses and other current assets 6,387 18,577  
Total Current Assets 295,294 262,597  
OTHER ASSETS:      
Property, plant and equipment, net 21,635 32,776  
Right of use asset, net 34,317 69,808  
Security deposit 7,132 7,132  
Total Other Assets 63,084 109,716  
TOTAL ASSETS 358,378 372,313  
CURRENT LIABILITIES:      
Notes payable - related party 400,000 400,000  
Convertible notes payable, net 135,833  
Note payable, current portion 94,917  
Accounts payable 711,326 746,663  
Accrued expenses 163,264 126,986  
Accrued compensation 870,444 351,708  
Lease liability 34,762 47,636  
Derivative liability 890,410  
Total Current Liabilities 2,274,713 2,699,236  
LONG-TERM LIABILITIES:      
Note payable, net of current portion 61,283  
Lease liability, net of current portion 22,216  
Mandatorily redeemable convertible Series A preferred stock; $0.10 par value, 800,000 shares designated; 0 and 159,600 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively ($1.00 per share redemption and liquidation value) 159,798  
Total Long-term Liabilities 61,283 182,014  
LiabilitiesCurrent 2,335,996 2,881,250  
Commitments and Contingencies (See Note 10)  
SHAREHOLDERS' DEFICIT:      
Preferred stock: $0.10 par value, 2,000,000 shares authorized; 100,000 Series B and 100,000 Series C designated  
Common stock: $0.001 par value, 4,998,000,000 shares authorized; 215,147,177 and 116,749,633 issued and outstanding at September 30, 2020 and December 31, 2019, respectively 215,147 116,750  
Additional paid-in capital 39,689,002 37,266,328  
Accumulated deficit (42,622,562) (40,000,015)  
Total Shareholders' Deficit (2,718,413) (2,616,937) (1,964,277)
Total Liabilities and Shareholders' Deficit 358,378 $ 372,313  
Series B Preferred Stock      
LONG-TERM LIABILITIES:      
Convertible preferred stock 109,740   108,000
Series C Preferred Stock      
LONG-TERM LIABILITIES:      
Convertible preferred stock $ 631,055  

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