Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 220,343 $ 16,933
Accounts receivable, net 2,431,715 3,565,447
Inventory 690,409 614,344
Prepaid expenses and other current assets 225,220 487
Income tax refunds receivable 1,165,388 642,503
Current assets of discontinued operations classified as held for sale 186,282 505,389
Total current assets 4,919,357 5,345,103
Property and equipment, net 8,116,050 8,231,830
Intangibles, net 509,443 509,443
Deposits 293,621 237,139
Right-of-use assets 1,030,021 88,905
Non-current assets of discontinued operations classified as held for sale 224,080 295,239
Total assets 15,092,572 14,707,659
Current liabilities:    
Accounts payable (includes related parties amount of $0.4 million and $0.6 million, respectively) 11,640,733 12,809,723
Checks issued in excess of bank account balance 95,521 275,124
Accrued expenses (includes related parties amount of $0 and $2.0 million, respectively) 16,475,148 14,245,292
Income taxes payable 1,373,669 1,373,669
Current portion of notes payable 3,776,294 3,977,710
Notes payable, related party 278,000 15,159,455
Current portion of finance lease obligations 249,985 1,119,418
Current portion of debentures 14,341,713 29,873,740
Current portion of right-of-use operating lease obligations 152,609 30,311
Derivative liabilities 455,336 455,336
Current liabilities of discontinued operations classified as held for sale 3,669,119 4,098,417
Total current liabilities 52,508,127 83,418,195
Other liabilities:    
Note payable, net of current portion 2,220,662
Right-of-use operating lease obligations, net of current portion 877,412 58,594
Non-current liabilities of discontinued operations classified as held for sale 26,564 100,116
Total liabilities 55,632,765 83,576,905
Commitments and contingencies
Stockholders' deficit:    
Common stock, $0.0001 par value, 10,000,000,000 shares authorized, 1,866,929 and 964,894 shares issued and outstanding 187 96
Additional paid-in-capital 622,938,644 510,402,197
Accumulated deficit (663,499,547) (586,942,014)
Total stockholders' deficit (40,540,193) (76,519,721)
Total liabilities and stockholders' deficit 15,092,572 14,707,659
Redeemable Preferred Stock I-1 [Member]    
Other liabilities:    
Redeemable Preferred Stock 5,835,294
Redeemable Preferred Stock I-2 [Member]    
Other liabilities:    
Redeemable Preferred Stock 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
Series K Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 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
Series N Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value $ 303