Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.19.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 10,007 $ 6,870
Accounts receivable, net 4,105,252 3,811,749
Inventory 677,859 453,402
Prepaid expenses and other current assets 19,746 78,820
Income tax refunds receivable 631,077 631,077
Current assets of AMSG and HTS classified as held for sale 158,091 140,352
Total current assets 5,602,032 5,122,270
Property and equipment, net 8,847,033 8,526,904
Right-of-use operating lease assets 430,699
Intangibles, net 509,443 259,443
Deposits 209,080 278,864
Non-current assets of AMSG and HTS classified as held for sale 14,448 11,819
Total assets 15,612,735 14,199,300
Current liabilities:    
Accounts payable (includes related parties amount of $0.4 million and $0.4 million, respectively) 11,021,431 8,155,955
Checks issued in excess of bank account balance 251,271 109,695
Accrued expenses (includes related parties amount of $0.4 million and $0.3 million, respectively) 12,593,914 10,711,281
Income taxes payable 1,370,651 1,400,651
Current portion of notes payable 7,077,992 7,083,505
Current portion of notes payable, related party 1,513,788 800,000
Current portion right-of-use operating lease obligations 191,000
Current portion of capital lease obligations 659,729 730,665
Current portion of debentures 17,329,777 12,776,316
Derivitive liabilities 455,336 350,260
Current liabilities of AMSG and HTS classified as held for sale 2,504,156 2,297,846
Total current liabilities 54,969,045 44,416,174
Other liabilities:    
Right-of-use operating lease obligations, net of current portion 239,699
Capital lease obligations, net of current portion 28,738 31,543
Total liabilities 55,237,482 44,447,717
Commitments and contingencies
Stockholders' deficit:    
Common stock, $0.0001 par value, 10,000,000,000 shares authorized, 3,503,882,657 and 128,567,273 shares issued and outstanding 350,388 12,857
Additional paid-in-capital 504,078,893 375,845,883
Accumulated deficit (552,349,597) (415,046,606)
Total stockholders' deficit (47,900,314) (39,167,864)
Total liabilities and stockholders' deficit 15,612,735 14,199,300
Redeemable Preferred Stock I-1 [Member]    
Other liabilities:    
Redeemable Preferred Stock 5,835,294 5,835,294
Redeemable Preferred Stock I-2 [Member]    
Other liabilities:    
Redeemable Preferred Stock 2,440,273 3,084,153
Series G Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 2 2
Series H Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value
Series F Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 17,500 17,500
Series J Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value $ 2,500 $ 2,500