CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Sep. 30, 2020 |
Dec. 31, 2019 |
| Current assets: |
|
|
| Cash |
$ 56,315
|
$ 110,587
|
| Accounts receivable, net |
282,400
|
480,350
|
| Prepaid expenses |
0
|
12,314
|
| Total current assets |
338,715
|
603,251
|
| Accounts receivable, net of allowance for doubtful accounts of $588,143 and $589,243 at September 30, 2020 and December 31, 2019, respectively |
66,686
|
531,573
|
| Property and equipment, net |
14,564
|
25,379
|
| Total assets |
419,965
|
1,160,203
|
| Current liabilities: |
|
|
| Note payable to a bank |
0
|
1,070,000
|
| Note payable to shareholder |
545,000
|
|
| Current portion of Paycheck Protection Program loan |
39,170
|
0
|
| Accounts payable and accrued liabilities |
9,143
|
41,239
|
| Total current liabilities |
593,313
|
1,111,239
|
| Paycheck Protection Program loan, net of current portion |
24,927
|
0
|
| Total liabilities |
618,240
|
1,111,239
|
| Commitments and contingencies |
|
|
| Stockholders’ (deficit) equity: |
|
|
| Common stock: $0.001 par value, 50,000,000 shares authorized, 20,240,882 shares issued and outstanding at both September 30, 2020 and December 31, 2019 |
20,241
|
20,241
|
| Additional paid-in capital |
19,869,511
|
19,869,511
|
| Accumulated deficit |
(20,088,027)
|
(19,840,788)
|
| Total stockholders’ (deficit) equity |
(198,275)
|
48,964
|
| Total liabilities and stockholders’ (deficit) equity |
$ 419,965
|
$ 1,160,203
|