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Consolidated Balance Sheet
Dec. 31, 2019
USD ($)
Current Assets  
Cash $ 812,452
Accounts receivable, net 2,168,659
Receivables - related party 1,595
Inventory, net 4,671,396
Prepaid expenses 916,729
Other current assets 94,538
Total Current Assets 8,665,369
Property and equipment, net 1,458,106
Operating lease right-of-use assets 2,199,682
Intangible assets, net 51,277,482
Goodwill 56,386,796
Total Assets 119,987,435
Current Liabilities  
Accounts payable 2,245,704
Accrued interest 306,445
Accrued liabilities 1,383,008
Accrued liabilities - related party 461,254
Accrued payroll 1,050,703
Contract liabilities, current 149,923
Accrued warranty liability 195,138
Operating lease liabilities, current 467,979
Line of credit 2,000,000
Notes payable - related party 1,492,953
Current portion of long-term debt, net of unamortized discounts and debt issuance costs 5,389,492
Total Current Liabilities 15,142,599
Contract liabilities, net of current portion 152,892
Operating lease liabilities, net of current portion 1,744,569
Total Liabilities 17,040,060
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY  
Preferred stock, $0.0001 par value, 100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2019
Common stock, $0.0001 par value, 300,000,000 shares authorized, 128,326,243 shares issued and outstanding as of December 31, 2019 12,833
Additional paid-in capital 130,553,180
Accumulated deficit (27,545,255)
Accumulated other comprehensive loss (23,383)
Treasury stock, at cost, 100,000 shares as of December 31, 2019 (50,000)
Total Stockholders' Equity 102,947,375
Total Liabilities and Stockholders' Equity $ 119,987,435