XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 2,200,311 $ 2,236,344
Prepaid expenses and other current assets 627,383 372,549
Total Current Assets 2,827,694 2,608,893
PROPERTY AND EQUIPMENT - NET 1,935,437 2,416,503
OTHER ASSETS    
Intangible assets - net 916,483 939,481
Operating Lease - Right of Use - Building 743,542 859,979
TOTAL OTHER ASSETS 1,660,025 1,799,460
TOTAL ASSETS 6,423,156 6,824,856
CURRENT LIABILITIES    
Accounts payable 275,172 88,423
Current portion of equipment purchase 185,078 630,329
Accounts payable and accrued expenses - related parties 70,901 14,805
Deferred lease liability 41,778 41,778
PPP advance 410,700
Operating lease liability 164,323 156,524
Accrued expenses 53,023 65,769
TOTAL CURRENT LIABILITIES 1,200,975 997,628
LONG TERM LIABILITIES    
Deferred lease liability 132,298 163,632
Operating lease liability 579,219 703,455
Long term portion of equipment purchase 52,427
TOTAL LONG TERM LIABILITIES 711,517 919,514
TOTAL LIABILITIES 1,912,492 1,917,142
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 1,000,000 authorized, No shares issued or outstanding
Common stock $0.001 par value, 250,000,000 authorized, 93,916,931 and 87,409,600 issued and outstanding at September 30, 2020 and December 31, 2019 93,917 87,410
Additional paid-in-capital 73,781,668 69,076,240
Accumulated deficit (69,364,921) (64,255,936)
TOTAL STOCKHOLDERS' EQUITY 4,510,664 4,907,714
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,423,156 $ 6,824,856