Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash $ 114,733 $ 963,329
Accounts receivable 96,758 116,718
Inventory 335,267 251,518
Unbilled revenue 54,344 65,762
Prepaid expenses - current portion 171,164 191,677
Other current assets 29,841 43,345
Total Current Assets 802,107 1,632,349
Property and equipment, net 1,978,338 2,218,693
Intangible assets, net 250,000 275,000
Prepaid expenses - long term portion 189,968
Total Assets 3,030,445 4,316,010
Current Liabilities    
Accounts payable and accrued expenses 536,906 610,232
Deferred revenue 2,624 16,661
Due to related party 67,453 74,051
Derivative liability - current portion 1,237 311,373
Convertible note payable – current portion, net of unamortized discount of $0 and $602,514, respectively 2,486
Liabilities of discontinued operations 112,397 112,397
Total Current Liabilities 720,617 1,127,200
Derivative liability - long term portion 307,018
Total Liabilities 720,617 1,434,218
Stockholders' Equity    
Common stock, ($0.0001 par value; 750,000,000 shares authorized, 57,309,364 and 19,252,082 shares issued and outstanding as of December 31, 2016, and 2015, respectively) 5,731 1,925
Additional paid-in capital 6,935,817 4,901,839
Accumulated deficit (4,601,406) (2,011,483)
Accumulated other comprehensive loss (32,941) (12,263)
Total Stockholders' Equity 2,309,828 54,371
Total Liabilities and Stockholders' Equity 3,030,445 4,316,010
Preferred Series A [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized
Preferred Series B [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized 1 1
Preferred Series C [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized 354 334
Preferred Series D [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized 343 467
Preferred Series E [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized 793 862
Preferred Series F [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized 110 110
Preferred Series G [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized 1,008
Preferred Series H [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized 9
Preferred Series I [Member]    
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized $ 9