Decorative
Decorative
Decorative Decorative

Balance Sheet

v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 4,224,601 $ 1,829,977
Restricted cash 4,538 4,538
Prepaid expenses 116,226 152,695
Other current assets 3,333 7,550
Total current assets 4,348,698 1,994,760
Property and equipment, net 887 1,983
Total assets 4,349,585 1,996,743
Current liabilities    
Accounts payable 731,632 129,809
Accounts payable to related party 21,400 10,000
Accrued interest due to related party 81,813  
PPP loan current 71,102  
Other current liabilities 263,830 420,406
Derivative liabilities 41,149 410,603
Total current liabilities 1,210,926 970,818
Noncurrent liabilities    
PPP loan non-current 45,598  
Multi-draw credit agreement - related party 450,000  
Convertible multi-draw credit agreement - related party, net of discount 789,694 387,070
Derivative liabilities, non-current 0 90,797
Total liabilities 2,496,218 1,448,685
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.001 par value; 20,000,000 shares authorized; no shares issued and outstanding at September 30, 2020 and December 31, 2019 0 0
Common stock, $0.001 par value; 500,000,000 shares authorized; 250,074,415 and 182,895,247 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 250,074 182,895
Additional paid-in-capital 38,835,167 32,538,445
Accumulated deficit (37,231,874) (32,173,282)
Total stockholders' equity 1,853,367 548,058
Total liabilities and stockholders' equity $ 4,349,585 $ 1,996,743

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