v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 2,153,028 $ 1,129,863
Accounts receivable, net 20,212 30,440
Inventory, net 427,516 347,945
Other current assets 700,599 533,481
Total current assets 3,301,355 2,041,729
Property and equipment, net 252,246 502,146
Other Assets:    
Operating lease right of use assets 331,419
Licenses 200,000
Intangible assets, net 126,344 53,288
Lease deposits 52,152 49,376
Deferred offering costs 14,982
Total other assets 429,561 117,646
Total assets 4,263,516 2,661,521
Current Liabilities:    
Accounts payable 2,322,198 1,111,929
Operating lease liabilities 489,407
Accrued expenses and other current liabilities 3,141,649 2,188,271
Secured promissory note, net of debt discount of $252,933 and $72,038, respectively 10,106,895 10,063,208
Notes payable 3,882,868
Total current liabilities 16,060,149 17,246,276
Long-Term Liabilities:    
Notes payable 539,921 300,000
Accrued interest 41,239
Operating lease liabilities, net of current 52,449
Total long-term liabilities 633,609 300,000
Total liabilities 16,693,758 17,546,276
Commitments and Contingencies  
Stockholders' Deficit:    
Preferred stock - par value $0.0001; 10,000,000 shares authorized
Common stock - par value $0.0001; 350,000,000 shares authorized; 59,268,085 and 50,463,732 issued and outstanding, respectively 5,927 5,046
Additional paid in capital 39,335,498 17,491,734
Accumulated deficit (51,771,667) (32,381,535)
Total stockholders' deficit (12,430,242) (14,884,755)
Total liabilities and stockholders' deficit $ 4,263,516 $ 2,661,521

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