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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 436,869 $ 443,494
Accounts receivable, net 445,388 550,145
Inventory 426,998 390,931
Prepaid expenses and other current assets 1,035,379 142,208
Total current assets 2,344,634 1,526,778
Investment in subsidiary companies 0 0
Accounts receivable, net - noncurrent 0 0
Property and equipment, net 849,893 559,538
Goodwill 8,800,761 8,104,056
Intangible assets, net 6,768,857 6,583,661
Related party receivables 0 0
Deferred tax assets, net - noncurrent 201,290 165,901
Other assets 81,345 45,704
Total assets 19,046,780 16,985,638
Current Liabilities    
Accounts payable 882,504 771,870
Accrued liabilities 1,592,726 1,149,672
Advanced payments and deferred revenues 1,184,624 347,162
Related party payables 2,076,640 2,119,263
Convertible debentures, current portion 75,000 0
Income taxes payable 46,963 30,137
Total current liabilities 5,858,475 4,418,104
Convertible debentures, net of loan discounts 1,463,273 188,317
Senior secured promissory notes, net of loan discounts 3,953,661 3,762,961
Contingent purchase consideration 429,000 1,931,707
Other noncurrent liabilities 237,495 239,719
Total liabilities 11,941,886 10,540,808
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $0.001 par value. 10,000,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, $0.001 par value. 200,000,000 shares authorized; 124,273,548 and 101,452,789 shares issued and outstanding as of December 31, 2017 and 2016, respectively 124,274 101,454
Additional paid-in capital 47,901,532 41,195,941
Accumulated earnings (deficit) (40,843,568) (34,797,909)
Accumulated other comprehensive income (77,344) (54,656)
Total stockholders' equity 7,104,894 6,444,830
Total liabilities and equity $ 19,046,780 $ 16,985,638