Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 71,709 $ 25,353
Accounts receivable, net 499,454
Inventory 462,674 445,415
Prepaid expenses and other current assets 109,570 148,522
Income tax refunds receivable 1,139,226 1,420,251
Current assets of discontinued operations classified as held for sale 147,807 184,510
Total current assets 1,930,986 2,723,505
Property and equipment, net 7,623,326 7,814,435
Intangibles, net 259,443 259,443
Deposits 263,120 263,621
Right-of-use assets 958,746 1,000,272
Non-current assets of discontinued operations classified as held for sale 177,549 200,815
Total assets 11,213,170 12,262,091
Current liabilities:    
Accounts payable (includes related parties amount of $0.4 million and $0.3 million, respectively) 15,708,799 14,251,851
Checks issued in excess of bank account balance 249,718 84,760
Accrued expenses (includes related party amount of $0.3 million and $0.2 million, respectively) 19,392,124 19,135,569
Income taxes payable 1,157,812 1,438,837
Current portion of notes payable 5,993,895 4,786,976
Current portion of note payable, related party 2,627,000 2,097,000
Current portion of finance lease obligations 249,985 249,985
Current portion of debentures 12,690,539 12,690,539
Current portion of right-of-use operating lease obligations 195,454 172,952
Derivative liabilities 455,336 455,336
Current liabilities of discontinued operations classified as held for sale 3,843,955 3,814,245
Total current liabilities 62,564,617 59,178,050
Other liabilities:    
Notes payable, net of current portion 714,856 1,196,256
Right-of-use operating lease obligations, net of current portion 763,292 827,320
Non-current liabilities of discontinued operations classified as held for sale 82,151 78,217
Total liabilities 64,124,916 61,279,843
Commitments and contingencies
Stockholders' deficit:    
Common stock, $0.0001 par value, 10,000,000,000 shares authorized, 474,730,679, and 39,648,679 shares issued and outstanding 47,473 3,965
Additional paid-in-capital 869,808,958 819,494,275
Accumulated deficit (922,788,649) (868,536,506)
Total stockholders' deficit (52,911,746) (49,017,752)
Total liabilities and stockholders' deficit 11,213,170 12,262,091
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 L Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 2,500 2,500
Series M Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value 220 220
Series N Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value $ 252 $ 294