Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 810,848 $ 16,933
Accounts receivable, net 2,596,432 3,565,447
Inventory 690,076 614,344
Prepaid expenses and other current assets 17,422 487
Income tax refunds receivable 1,760,988 642,503
Current assets of AMSG and HTS classified as held for sale 209,878 505,389
Total current assets 6,085,644 5,345,103
Property and equipment, net 7,896,467 8,231,830
Intangibles, net 509,443 509,443
Deposits 327,281 337,153
Right-of-use assets 394,281 274,747
Non-current assets of AMSG and HTS classified as held for sale 2,140 9,383
Total assets 15,215,256 14,707,659
Current liabilities:    
Accounts payable (includes related parties amount of $0.6 million and $0.6 million, respectively) 11,766,475 13,691,250
Checks issued in excess of bank account balance 145,685 275,124
Accrued expenses (includes related parties amount of $0 million and $2.0 million, respectively) 16,269,839 14,583,954
Income taxes payable 1,373,669 1,373,669
Current portion of notes payable 5,290,477 3,977,710
Current portion of note payable, related party 15,159,455
Current portion of finance lease obligations 349,987 1,119,418
Current portion of debentures 29,153,740 29,873,740
Current portion of right-of-use operating lease obligations 165,924 116,037
Derivative liabilities 455,336 455,336
Current liabilities of AMSG and HTS classified as held for sale 2,303,103 2,792,502
Total current liabilities 67,274,235 83,418,195
Other liabilities:    
Note payable, net of current portion 1,402,428
Right-of-use operating lease obligations, net of current portion 228,357 158,710
Total liabilities 68,905,020 83,576,905
Commitments and contingencies  
Stockholders' deficit:    
Preferred stock value  
Common stock, $0.0001 par value, 10,000,000,000 shares authorized, 989,894 and 964,894 shares issued and outstanding 99 96
Additional paid-in-capital 532,426,974 510,402,197
Accumulated deficit (593,762,532) (586,942,014)
Total stockholders' deficit (61,315,239) (76,519,721)
Total liabilities and stockholders' deficit 15,215,256 14,707,659
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 1,790,181 1,815,181
Series H Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value
Series F Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 17,500 17,500
Total stockholders' deficit   17,500
Series K Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 2,500
Total stockholders' deficit   2,500
Series L Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 2,500
Series M Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value $ 220