v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash $ 73,355 $ 243,753
Accounts receivable 185,295 157,082
Inventories 1,423,002 1,480,380
Deposits and other assets 119,066 119,066
Prepaid expenses 23,169 24,083
Total current assets 1,823,887 2,024,364
INTANGIBLE ASSETS, net 434,372 434,534
RIGHT TO USE LEASED ASSETS 30,813
TOTAL ASSETS 2,289,072 2,458,898
CURRENT LIABILITIES    
Accrued payroll and payroll related expenses, current portion 3,463,673 3,428,011
Accounts payable and accrued expenses 1,672,091 1,996,097
Fees payable to directors 418,546 418,546
Accrued separation costs, current portion 9,000 9,000
Lease liability, current portion 17,129
Employee settlement 50,000 50,000
Total current liabilities 5,630,439 5,901,654
NON-CURRENT LIABILITIES    
Long-term note payable 1,000,000
Accrued separation costs, less current portion 90,385 92,635
Lease liability, less current portion 13,684
Total non-current liabilities 1,104,069 92,635
COMMITMENTS AND CONTINGENCIES
Total liabilities 6,734,508 5,994,289
STOCKHOLDERS' DEFICIT    
Preferred Stock - $0.001 par value; 50,000,000 shares authorized, 0 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively
Common stock - $0.001 par value; 400,000,000 shares authorized, 134,686,596 and 133,888,573 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 134,687 133,889
Additional paid-in-capital 58,498,615 58,274,038
Accumulated deficit (63,078,738) (61,943,318)
Total stockholders' deficit (4,445,436) (3,535,391)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 2,289,072 $ 2,458,898

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