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Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash $ 1,640,153 $ 1,598,749
Accounts receivable, net 287,786 747,704
Inventory 1,163,974 1,468,210
Prepaid expenses 255,441 234,994
Total Current Assets 3,335,924 4,255,446
Property, Plant and Equipment, net 4,142,920 4,277,223
Other Assets 8,193 8,193
License Fees, net of accumulated amortization 3,506 36,005
Total Assets 7,953,401 8,676,937
Liabilities and Stockholders' Deficit    
Accounts payable 191,553 557,199
Accrued expenses 165,201 382,806
Current portion of long term notes payable 622,470 439,594
Interest payable 14,505 101,083
Total Current Liabilities 993,729 1,480,682
Long Term Debt and Other Liabilities    
Long term notes payable 4,742,220 4,397,410
Interest payable and other liabilities
Other long term liabilities 448,353 17,944
Fair value of warrants and convertibility feature of long term debt 48,959 779,901
Total Long Term Debt and Other Liabilities 5,239,532 5,195,255
Commitments
Stockholders' Deficit    
Preferred stock: $0.001 par value; authorized 10,000,000 shares, Series A Nonvoting capital stock 6,000,000 shares authorized, -0- shares issued and outstanding
Common stock: $0.001 par value; authorized 90,000,000 shares; 4,916,285 shares issued; 4,649,383 outstanding 4,917 4,917
Nonvoting common stock: $0.001 par value; authorized 50,000,000 shares; 33,300,000 issued and outstanding 33,300 33,300
Additional paid in capital 30,579,735 30,532,427
Accumulated deficit (28,877,001) (28,548,833)
Treasury stock, 266,902 shares at cost (20,811) (20,811)
Total Stockholders' Equity 1,720,140 2,001,000
Total Liabilities and Stockholders' Equity $ 7,953,401 $ 8,676,937