General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets

v3.20.4
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Dec. 31, 2018
Current assets:      
Cash $ 817,013 $ 75,362 $ 142,888
Accounts receivable, net 162,614 244,353 170,526
Inventory 501,946 366,298 269,024
Unbilled revenue 75,174 76,051 87,080
Prepaid expenses 1,784 18,596 1,926
Other current assets 38,986 96,786 43,713
Total current assets 1,597,517 877,446 715,157
Property and equipment, net 1,170,621 1,341,187 1,519,845
Right of use 59,906 83,679
Intangible assets, net 106,250 125,000 200,000
Total assets 2,934,294 2,427,312 2,435,002
Current liabilities:      
Accounts payable and accrued liabilities 1,102,472 1,164,217 874,466
Contract liabilities 40,427 41,207 19,701
Note payable - current portion 134,868    
Related party payable 32,182 51,071 39,027
Line of credit 4,798 24,483
Lease liabilities - current 28,489 29,237
Provision for income taxes 21,297 21,856 10,696
Stock subscription payable 25,000  
Liabilities from discontinued operations 112,397 112,397 112,397
Total current liabilities 1,501,930 1,444,468 1,056,287
Long term liabilities:      
Convertible debt, net of discount, unamortized, $1,051,382 and $635,333, respectively 101,029 169,667
Note payable 330,887 121,848
Lease liabilities - long term 28,667 51,620
Total Liabilities 1,962,513 1,787,603 1,056,287
Stockholders' Equity:      
Preferred Stock, $0.0001 par value; 3,333,333 shares authorized
Common stock, ($0.0001 par value; 50,000,000 shares authorized, 3,564,299 and 121,216 shares issued and outstanding as of September 30, 2020 and 121,216 outstanding at December 31, 2019, and 62,435 outstanding at December 31, 2018, respectively) 356 12 6
Additional paid-in capital 13,467,340 11,757,027 11,120,193
Accumulated (deficit) (12,473,923) (11,115,178) (9,735,422)
Accumulated other comprehensive (income) loss (21,992) (2,152) (6,172)
Total stockholders' equity 971,781 639,709 1,378,715
Total liabilities and stockholders' equity $ 2,934,294 2,427,312 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   12
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