v3.21.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash $ 58,650 $ 19,179
Accounts receivable, net 36,749
Inventories 962,859 994,319
Deposits and other assets 3,063 3,063
Prepaid expenses 26,814 105,238
Total current assets 1,088,135 1,121,799
INTANGIBLE ASSETS, net 290,225 302,411
RIGHT OF USE ASSETS 962
TOTAL ASSETS 1,378,360 1,425,172
CURRENT LIABILITIES    
Accrued payroll and payroll related expenses, current portion 4,464,942 4,362,381
Accounts payable and accrued expenses 1,908,663 1,689,352
Fees payable to directors 418,546 418,546
Accrued separation costs, current portion 12,000 12,000
Current portion of related party notes payable 1,769,000 769,000
Current portion of notes payable 211,300 211,300
Related party convertible notes payable, net of discount 1,563,195 1,334,296
Convertible notes payable, net of discount 1,640,619 1,468,531
Employee settlement 50,000 50,000
Lease liability, current portion 962
Derivative liability on convertible notes payable 412,163 235,165
Total current liabilities 12,450,428 10,551,533
NON-CURRENT LIABILITIES    
Related party notes payable, less current portion 1,000,000
Notes payable, less current portion 211,359
Accrued separation costs, less current portion 68,635 71,635
Total non-current liabilities 279,994 1,071,635
COMMITMENTS AND CONTINGENCIES
Total liabilities 12,730,422 11,623,168
STOCKHOLDERS' DEFICIT    
Preferred stock - $0.001 par value; 50,000,000 shares authorized, 2,000 and 0 shares issued and outstanding as of March 31, 2021, and December 31, 2020, respectively 2
Common stock - $0.001 par value; 400,000,000 shares authorized, 802,516 and 794,183 shares issued and outstanding as of March 31, 2021, and December 31, 2020, respectively 802 794
Additional paid-in-capital 62,121,114 61,893,072
Accumulated deficit (73,473,980) (72,091,862)
Total stockholders' deficit (11,352,062) (10,197,996)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,378,360 $ 1,425,172

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