Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 343 $ 16
Marketable securities 2 1
Trade account receivables 2
Related parties 56 54
Other current assets 2 94
Total current assets 405 165
Property and Equipment, net 5 5
Intangible assets 7,650 9,000
Total assets 8,060 9,170
CURRENT LIABILITIES:    
Accounts payable 2,044 1,525
Other accounts liabilities 700 741
Deferred revenue 611 537
Notes and Loan payable (note 4) 514 109
Convertible Note 250
Related parties’ payables 12 10
Loans from related parties 355
Derivative liability 3
Stock based liabilities 15 742
Total current liabilities 4,251 3,917
LONG TERM LIABILITY:    
EIDL Loan 89
Total long-term liabilities 89
TOTAL LIABILITIES 4,340 3,917
STOCKHOLDERS' EQUITY    
Series B preferred stock, $0.001 par value, designated 10,000,000; 0 issued and outstanding as of September 30, 2020 and 10,000,000 issued and outstanding as of December 31, 2019 0 10
Common stock, authorized 360,000,000 shares, $0.001 par value; 26,475,916 and 4,639,139 issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 26 5
Additional paid in capital 28,237 25,246
Accumulated deficit (24,543) (19,390)
Total Cuestas Inc. stockholders' equity 3,720 5,871
Non-controlling interest in subsidiaries (618)
Total stockholders’ equity 3,720 5,253
Total liabilities and stockholders’ equity $ 8,060 $ 9,170