Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 91,232 $ 142,888
Accounts receivable, net 245,441 170,526
Inventory 448,210 269,024
Unbilled revenue 67,993 87,080
Prepaid expenses 37,715 1,926
Other current assets 83,218 43,713
Total current assets 973,809 715,157
Property and equipment, net 1,384,884 1,519,845
Right of use 84,181
Intangible assets, net 181,250 200,000
Total assets 2,624,124 2,435,002
Current liabilities:    
Accounts payable and accrued liabilities 1,113,605 874,466
Contract liabilities 45,057 19,701
Related party payable 18,171 39,027
Lease liabilities - current 27,087
Provision for income taxes 11,029 10,696
Liabilities from discontinued operations 112,397 112,397
Total current liabilities 1,327,246 1,056,287
Long term liabilities:    
Convertible debt, net of discount, unamortized, $702,906 102,094
Note payable 121,848
Lease liabilities - long term 54,479
Total Liabilities 1,605,767 1,056,287
Stockholders' Equity:    
Common Shares, $0.0001 par value; 50,000,000 shares authorized, 121,216 outstanding as of September 30, 2019 and 62,435 outstanding at December 31, 2018 12 6
Additional paid-in capital 11,757,027 11,120,193
Accumulated (deficit) (10,731,617) (9,735,423)
Accumulated other comprehensive (income) loss (7,065) (6,172)
Total stockholders' equity 1,018,357 1,378,715
Total liabilities and stockholders' equity 2,624,124 2,435,002
Preferred Series A [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized
Preferred Series B [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized
Preferred Series C [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized 13
Preferred Series D [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized 19
Preferred Series E [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized 34
Preferred Series F [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized 2
Preferred Series G [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized 35
Preferred Series H [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized
Preferred Series I [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized
Preferred Series J [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized
Preferred Series K [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized 8
Preferred Series L [Member]    
Stockholders' Equity:    
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized