XML 20 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash $ 10,882 $ 171,871
Prepaid expenses 95,175 57,018
Total current assets 106,057 228,889
Intangible 153,434 139,800
Equipment, net 97,600 118,453
Total assets 357,091 487,142
Current liabilities    
Accounts payable 1,278,307 529,736
Accounts payable - related party 591,870 489,535
Customer deposits - related party 400,000 400,000
Accrued payroll 33,737 14,167
Debt, current portion 697,903 $ 40,235
Derivative liability 356,554
Total current liabilities 3,358,371 $ 1,473,673
Debt, long-term portion 77,803 77,076
Total liabilities $ 3,436,174 $ 1,550,749
Commitments and contingencies (Note 6)
Stockholders' (deficit) equity:    
Preferred stock, $.001 par value; 15,000,000 shares authorized; 136 and 140 shares issued and outstanding at December 31, 2015 and 2014, respectively
Common stock, $.001 par value; 140,000,000 shares authorized; 66,600,367 and 61,439,134 shares issued and outstanding at December 31, 2015 and 2014, respectively $ 65,929 $ 60,767
Additional paid-in capital 36,038,551 30,864,669
Common stock issuable 180,900 435,930
Common stock held in escrow 8,441 8,441
Accumulated deficit (39,344,245) (32,421,145)
Total Cool Technologies (deficit) equity (3,050,424) (1,051,338)
Noncontrolling interest in subsidiary (28,659) (12,269)
Total stockholders' (deficit) equity (3,079,083) (1,063,607)
Total liabilities and stockholders' (deficit) equity $ 357,091 $ 487,142