XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 5,588,243 $ 7,957,169
Accounts receivable, net 529,944 415,581
Prepaid expenses and other current assets 534,735 440,890
Inventory 103,035 123,263
Notes receivable, net – current portion 397,027 50,000
Total current assets 7,152,984 8,986,903
Note receivable, net 140,820  
Operating lease right-of-use asset 141,350  
Property and equipment, net 1,599,461 1,463,075
Intangible assets, net 23,135 42,247
Investment 250,000 250,000
Total Assets 9,307,750 10,742,225
Current Liabilities    
Accounts payable and accrued expenses 714,446 525,692
Interest payable 145,542  
Deferred revenue and customer deposits 330,812 391,290
Accrued stock payable 21,503  
Notes payable (net of discount) 6,445,462 5,273,906
Operating lease liability – current portion 83,525  
Total current liabilities 7,741,290 6,190,888
Operating lease liability 57,825  
Total liabilities 7,799,115 6,190,888
Commitments and Contingencies (Note 12)
Stockholders’ Equity    
Preferred stock, no par value; 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2019 and December 31, 2018
Common Stock, $0.001 par value; 100,000,000 shares authorized; 36,222,752 shares issued and outstanding as of March 31, 2019 and December 31, 2018 36,223 36,223
Additional paid-in capital 57,774,054 56,303,061
Accumulated deficit (56,301,642) (51,787,947)
Total Stockholders’ Equity 1,508,635 4,551,337
Total Liabilities & Stockholders’ Equity $ 9,307,750 $ 10,742,225