Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 126,875 $ 724,524
Accounts receivable, net 2,210,804 2,079,288
Receivable from related party 803,416 374,473
Inventory 243,623 280,513
Prepaid expenses and other current assets 100,575 121,879
Income tax refunds receivable 1,139,226 1,139,226
Total current assets 4,624,519 4,719,903
Property and equipment, net 4,429,132 4,630,090
Intangible asset 259,443 259,443
Investment 9,016,072 9,016,072
Deposits 197,814 187,814
Right-of-use assets 703,403 821,274
Total assets 19,230,383 19,634,596
Current liabilities:    
Accounts payable (includes related party amounts of $0.4 million and $0.3 million, respectively) 12,117,577 12,135,237
Accrued expenses (includes related party amounts of $0.3 million and $0.3 million, respectively) 17,276,808 15,499,935
Income taxes payable 1,337,342 1,337,342
Current portion of notes payable 3,145,339 4,667,819
Current portion of note payable, related party 2,877,000 2,127,000
Current portion of debentures 8,222,240 8,222,240
Current portion of right-of-use operating lease obligations 247,017 247,017
Current portion of finance lease obligation 220,461 220,461
Derivative liabilities 455,336 455,336
Current liabilities of discontinued operations 1,447,762 1,449,476
Total current liabilities 47,346,882 46,361,863
Right-of-use operating lease obligations, net of current portion 456,386 574,257
Total liabilities 47,803,268 46,936,120
Commitments and contingencies
Stockholders’ deficit:    
Common stock, $0.0001 par value, 250,000,000,000 shares authorized, 4,225,322,256 and 4,244,700 shares issued and outstanding, respectively 422,532 424
Additional paid-in-capital 1,674,040,212 1,342,085,957
Accumulated deficit (1,703,056,077) (1,369,408,356)
Total stockholders’ deficit (28,572,885) (27,301,524)
Total liabilities and stockholders’ deficit 19,230,383 19,634,596
Series F Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock value 17,500 17,500
Series H Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock value
Series L Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock value 2,500 2,500
Series M Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock value 208 208
Series N Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock value 41 59
Series O Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock value 97 99
Series P Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock value $ 102 $ 85