XML 10 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 5,961,760 $ 167,725
Trade receivables, net of allowance of $26,000 and $45,883, respectively 49,250 5,539
Inventories 592,172 534,431
Prepaid and other current assets 247,736 71,575
Total current assets 6,850,918 779,270
Property, Plant and Equipment: 22,425,935 24,867,176
Accumulated depreciation (22,146,273) (24,848,408)
Net property, plant and equipment 279,662 18,768
Other Assets:    
Operating lease right-of-use assets, net 4,984,688 5,633,663
Patents, net of accumulated amortization of $135,050 and $467,102, respectively 86,595 439,836
Equity method investment 21,205  
Other non-current assets 625,000 500,000
Total other assets 5,717,488 6,573,499
Total Assets 12,848,068 7,371,537
Current Liabilities:    
Accounts payable 642,165 736,986
Related party payables 45,000 135,834
Accrued expenses 991,534 1,518,212
Accrued interest 475,671 438,063
Notes payable 250,000 250,000
Current portion of operating lease liability 646,742 575,404
Promissory notes, net   193,200
Embedded derivative liability   5,303,984
Total current liabilities 3,051,112 9,151,683
Long-Term Liabilities:    
Non-current operating lease liabilities 4,532,490 5,179,229
Non-current secured promissory notes, net   5,405,637
Non-current convertible notes, net 8,076,847 7,813,048
Accrued warranty liability 21,225 14,143
Total liabilities 15,681,674 27,563,740
Stockholders’ Deficit:    
Series A preferred stock, $.0001 par value; 750,000 shares authorized; 48,100 and 48,100 shares issued and outstanding, respectively ($801,533 and $752,765 Liquidation Preference, respectively) 5 5
Common stock, $0.0001 par value, 500,000,000 authorized; 4,786,804 and 3,659,828 shares issued and outstanding, respectively 479 368
Additional paid in capital 424,948,698 401,590,209
Accumulated deficit (427,782,788) (421,782,785)
Total stockholders’ deficit (2,833,606) (20,192,203)
Total Liabilities and Stockholders’ Deficit $ 12,848,068 $ 7,371,537