Consolidated Balance Sheets - USD ($)
|
Dec. 31, 2019 |
Dec. 31, 2018 |
| Current Assets: |
|
|
| Cash |
$ 478,854
|
$ 357,842
|
| Accounts receivable, net of allowance for doubtful accounts of $75,000 and $45,000 as of December 31, 2019 and December 31, 2018, respectively |
136,477
|
180,768
|
| Inventory |
78,422
|
45,067
|
| Current portion of loans receivable, net of allowance of $55,000 at December 31, 2019 and December 31, 2018, respectively |
38,712
|
37,155
|
| Current portion of loans receivable from related party |
|
650
|
| Prepaid expenses and other current assets |
48,064
|
16,412
|
| Total Current Assets |
780,529
|
637,894
|
| Property and equipment, net |
1,646,879
|
637,287
|
| Goodwill |
656,348
|
|
| Intangible assets, net |
3,038,815
|
3,102,621
|
| Loans receivable, non-current |
98,677
|
75,756
|
| Security deposits and other assets |
39,462
|
33,532
|
| Total Assets |
6,260,710
|
4,487,090
|
| Current Liabilities: |
|
|
| Accounts payable and accrued expenses |
2,630,948
|
2,887,380
|
| Convertible note payable to Former Parent, net of debt discount of $0 and $43,178 at December 31, 2019 and December 31, 2018, respectively |
82,458
|
39,280
|
| Convertible notes payable, net of debt discount of $38,918 at December 31, 2019 |
536,082
|
100,000
|
| Other notes payable |
351,512
|
|
| Other notes payable, related party |
91,000
|
|
| Deferred revenue, current |
122,697
|
907,948
|
| Deferred rent, current |
20,730
|
14,243
|
| Other current liabilities |
652,643
|
607,486
|
| Total Current Liabilities |
4,488,070
|
4,556,337
|
| Convertible notes payable, net of debt discount of $0 and $1,313,259 at December 31, 2019 and December 31, 2018, respectively |
75,000
|
2,015,007
|
| Convertible notes payable, related parties, net of debt discount of $0 and $233,462 at December 31, 2019 and December 31, 2018, respectively |
|
153,566
|
| Other notes payable |
240,295
|
225,000
|
| Other notes payable, related parties |
|
335,000
|
| Deferred revenue, non-current |
1,152,975
|
|
| Deferred rent, non-current |
58,608
|
45,315
|
| Total Liabilities |
6,014,948
|
7,330,225
|
| Commitments and Contingencies |
|
|
| Stockholders' Equity (Deficit): |
|
|
| Common stock, $0.0001 par value, 14,285,714 shares authorized, 5,714,464 and 1,489,686 shares issued and outstanding as of December 31, 2019, and December 31, 2018, respectively |
571
|
148
|
| Additional paid-in capital |
53,339,793
|
20,990,373
|
| Accumulated deficit |
(53,094,602)
|
(23,833,656)
|
| Total Stockholders' Equity (Deficit) |
245,762
|
(2,843,135)
|
| Total Liabilities and Stockholders' Equity (Deficit) |
$ 6,260,710
|
$ 4,487,090
|