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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2019
Mar. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 37,300 $ 182,055
Accounts receivable, net of allowance for doubtful accounts of $91,536 and $66,748 at December 31, 2019 and March 31, 2019, respectively 80,436 488,329
Inventory, net 1,560,048 1,533,792
Prepaid expenses and other current assets 83,240 262,208
Note receivable, net of unamortized discount of $884,958 and $0 at December 31, 2019 and March 31, 2019, respectively 1,365,042
Current assets from discontinued operations 1,000,387
TOTAL CURRENT ASSETS 3,126,066 3,466,771
Property and equipment, net 10,097,430 10,481,706
Intangible assets, net of accumulated amortization of $3,745 at December 31, 2019 and March 31, 2019 2,073,839 1,818,802
Note receivable, net of unamortized discount of $383,867 and $0 at December 31, 2019 and March 31, 2019, respectively 5,366,133
Deposits and other noncurrent assets 95,504 230,651
Operating lease right-of-use assets, net 144,146
Non-current assets from discontinued operations 14,025,372
TOTAL ASSETS 20,903,118 30,023,302
CURRENT LIABILITIES:    
Accounts payable 1,998,994 1,374,771
Accrued interest 429,064 142,112
Accrued liabilities 469,053 244,931
Notes and convertible notes payable, net of unamortized discount of $1,008,086 and $799,410 at December 31, 2019 and March 31, 2019, respectively 4,860,221 2,229,812
Indebtedness to related parties 324,738
Note payable to related party 151,923
Income tax payable 506,145 506,145
Operating lease obligations, current 47,084
Finance lease obligations, current 134,239 80,132
Current liabilities from discontinued operations 2,134,277
TOTAL CURRENT LIABILITIES 8,921,461 6,712,180
Note payable, net of unamortized discount of $0 and $13,929 at December 31, 2019 and March 31, 2019, respectively 161,072
Operating lease obligations, long term 114,052
Finance lease obligations, long term 3,565,622 3,646,540
Long term liabilities from discontinued operations 2,347,511
TOTAL LIABILITIES 12,601,135 12,867,303
Commitments and contingencies (Note 8)
STOCKHOLDERS' EQUITY:    
Common Stock, $0.0001 par value, 600,000,000 shares authorized, 270,553,352 and 240,627,102 shares issued and outstanding at December 31, 2019 and March 31, 2019, respectively 27,056 24,063
Additional paid-in capital 97,039,072 93,020,015
Accumulated deficit (88,764,145) (84,743,836)
TOTAL GB SCIENCES, INC. STOCKHOLDERS' EQUITY 8,301,983 8,300,242
Non-controlling interest in discontinued operations 8,855,757
TOTAL EQUITY 8,301,983 17,155,999
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 20,903,118 $ 30,023,302