CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Sep. 30, 2017 |
Dec. 31, 2016 |
| Current Assets |
|
|
| Cash |
$ 4,625,238
|
$ 998,737
|
| Other receivables |
1,483
|
3,183
|
| Inventory |
45,340
|
|
| Prepaid expenses |
1,240,361
|
206,478
|
| Total current assets |
5,912,422
|
1,208,398
|
| Property and equipment, net |
139,749
|
87,429
|
| Total assets |
6,052,171
|
1,295,827
|
| Current Liabilities |
|
|
| Accounts payable |
80,504
|
29,934
|
| Accounts payable (related party) |
|
75,000
|
| Accrued expenses |
65,722
|
101,239
|
| Accrued expenses (related party) |
520,000
|
690,168
|
| Current notes payable net of $0 and $87,605 discount, respectively |
|
2,111,895
|
| Current notes payable (related party) net of $0 and $263 discount, respectively |
|
837,177
|
| Deferred revenue |
10,792
|
|
| Total current liabilities |
677,018
|
3,845,413
|
| Long-term Liabilities, net of current portion |
|
|
| Notes payable |
|
445,000
|
| Deferred revenue long-term |
186,144
|
|
| Total long-term liabilities |
186,144
|
445,000
|
| Total liabilities |
863,162
|
4,290,413
|
| Commitments and contingencies |
|
|
| STOCKHOLDERS' EQUITY (DEFICIT): |
|
|
| Common stock, $.001 par value, 180,000,000 shares authorized; 12,282,975 and 9,882,395 and shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively. |
12,283
|
9,882
|
| Additional paid-in capital |
16,094,194
|
2,458,744
|
| Accumulated deficit |
(10,917,468)
|
(5,463,212)
|
| Total stockholders' equity (deficit) |
5,189,009
|
(2,994,586)
|
| Total liabilities and stockholders' equity (deficit) |
$ 6,052,171
|
$ 1,295,827
|