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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 39,752 $ 3,193
Property, plant and improvements    
Property and equipment, net 161,913 166,509
Other assets    
Operating lease right-of-use assets 251,110
Other receivable 417,904 418,905
Note receivable – related party 44,859 44,859
Advances to CEN Biotech Ukraine LLC – related party 905,328 875,328
Intangible assets, net 5,699,568 5,805,771
Total assets 7,520,434 7,314,565
Current liabilities    
Accounts payable 206,521 206,521
Loans payable 10,113,095 10,107,205
Loans payable – related parties 1,361,550 1,360,806
Convertible notes payable 4,190,461 3,597,760
Convertible notes payable – related parties 926,368 926,368
Accrued interest 7,544,199 6,860,494
Accrued interest – related parties 1,032,171 946,227
Operating lease liabilities 40,683
Accrued expenses 446,432 402,377
Total current liabilities 25,861,480 24,407,758
Operating lease liabilities, less current portion 210,838
Patent acquisition liability 1,010,000 1,010,000
Convertible notes, less current portion 1,117,123 1,545,887
Convertible notes – related parties, less current portion 1,612,313 1,612,313
Total liabilities 29,811,754 28,575,958
Commitments and contingencies 0 0
Shareholders’ deficit    
Common stock; unlimited authorized shares; 25,518,363 and 25,473,363 issued and outstanding as of March 31, 2019 and December 31, 2018, respectively. No par value.
Additional paid-in capital 14,606,510 14,393,660
Accumulated deficit (36,897,830) (35,655,053)
Total shareholders’ deficit (22,291,320) (21,261,393)
Total liabilities and shareholders’ deficit $ 7,520,434 $ 7,314,565