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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 11,853,627 $ 321,788
Accounts receivable, net of allowance for doubtful accounts 313,317 1,180,757
Accounts receivable - related party 72,658 125,112
Inventory 684,940 489,239
Note receivable - related party 767,695 0
Other assets 529,416 50,824
Prepaid acquisition costs (Note 12) 1,347,462 0
Total current assets 15,569,115 2,167,720
Non-current assets    
Fixed assets, net os accumulated depreciation of $159,354 and $149,015, respectively 239,078 94,640
Goodwill 12,304,306 12,304,306
Intangible assets, net of accumulated amortization of $19,811 and $13,903, respectively 75,289 81,197
Investment 406,774 2,199,344
Accounts receivable - litigation 3,063,968 1,281,511
Deferred tax assets, net 268,423 0
Notes receivable - noncurrent, net 241,711 92,888
Operating lease right of use assets 59,943 0
Total non-current assets 16,659,492 16,053,886
Total assets 32,228,607 18,221,606
Current liabilities    
Accounts payable 699,961 202,515
Accounts payable - related party 15,372 71,312
Accrued expenses 1,091,204 291,084
Derivative liabilities 3,773,382 0
Income taxes payable 1,940 582,931
Total current liabilities 5,581,859 1,147,842
Long-term liabilities    
Lease liabilities 66,803 0
Total long-term liabilities 66,803 0
Total liabilities 5,648,662 1,147,842
Commitments and Contingencies (Note 12) 0 0
Shareholders' equity    
Preferred stock $0.001 par value. 10,000,000 authorized, zero shares issued and outstanding December 31, 2019 and December 31, 2018, respectively. 0 0
Common stock $0.001 par value. 250,000,000 authorized, 39,952,626 and 27,753,310 shares issued and outstanding December 31, 2019 and December 31, 2018, respectively. 39,953 27,875
Additional paid-in capital 50,356,469 22,886,624
Accumulated deficit (22,816,477) (5,840,735)
Common stock held in treasury, at cost, 257,732 shares and zero shares held at December 31, 2019 and 2018, respectively (1,000,000) 0
Total Shareholders' equity 26,579,945 17,073,764
Total liabilities and stockholders' equity $ 32,228,607 $ 18,221,606