Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash $ 233,326 $ 114,733
Accounts receivable, net 294,495 96,758
Inventory 332,895 335,267
Unbilled revenue 89,515 54,344
Prepaid expenses 82,454 171,164
Other current assets 48,213 29,841
Total Current Assets 1,080,898 802,107
Property and equipment, net 1,757,200 1,978,338
Intangible assets, net 225,000 250,000
Total Assets 3,063,098 3,030,445
Current Liabilities    
Accounts payable and accrued expenses 855,687 536,906
Deferred revenue 215,989 2,624
Due to related party 6,998 67,453
Derivative liability - current portion 1,237
Provision for income taxes 12,461
Liabilities of discontinued operations 112,397 112,397
Total Current Liabilities 1,203,532 720,617
Total Liabilities 1,203,532 720,617
Stockholders’ Equity    
Common stock, ($0.0001 par value; 750,000,000 shares authorized, 936,519 and 383,751 shares issued and outstanding as of December 31, 2017, and 2016, respectively) 94 38
Additional paid-in capital 10,398,908 6,941,510
Accumulated deficit (8,540,715) (4,601,406)
Accumulated other comprehensive loss (400) (32,941)
Total Stockholders’ Equity 1,859,566 2,309,828
Total Liabilities and Stockholders’ Equity 3,603,098 3,030,445
Preferred Series A [Member]    
Stockholders’ Equity    
Preferred Stock, Value
Preferred Series B [Member]    
Stockholders’ Equity    
Preferred Stock, Value 1 1
Preferred Series C [Member]    
Stockholders’ Equity    
Preferred Stock, Value 191 354
Preferred Series D [Member]    
Stockholders’ Equity    
Preferred Stock, Value 289 343
Preferred Series E [Member]    
Stockholders’ Equity    
Preferred Stock, Value 517 793
Preferred Series F [Member]    
Stockholders’ Equity    
Preferred Stock, Value 35 110
Preferred Series G [Member]    
Stockholders’ Equity    
Preferred Stock, Value 520 1,008
Preferred Series H [Member]    
Stockholders’ Equity    
Preferred Stock, Value 1 9
Preferred Series I [Member]    
Stockholders’ Equity    
Preferred Stock, Value 5 9
Preferred Series J [Member]    
Stockholders’ Equity    
Preferred Stock, Value 4
Preferred Series K [Member]    
Stockholders’ Equity    
Preferred Stock, Value $ 116