Balance Sheet

v3.6.0.2
Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash $ 2,015,214 $ 2,659,734
Accounts receivable - trade 394,000 83,288
Inventory, net 459,885 118,795
Prepaid expenses and deposits 120,614 55,624
Total current assets 2,989,713 2,917,441
PROPERTY AND EQUIPMENT, at cost: 179,627 163,291
Less - accumulated depreciation (60,784) (26,995)
Net property and equipment 118,843 136,296
OTHER ASSETS:    
Goodwill 99,799 99,799
Intangible assets, net 1,289,667 1,460,000
Total other assets 1,389,466 1,559,799
TOTAL ASSETS 4,498,022 4,613,536
CURRENT LIABILITIES:    
Accounts payable - trade and accrued liabilities 293,922 242,257
Accounts payable due to related party 46,849 6,000
Deferred revenue 7,896
Related party convertible notes payable - Series 2016, net of discount of $2,092,156 907,844
Derivative Liability 1,832,013
Note Payable - Oklahoma Technology Commercialization Center- Current 110,000
Total current liabilities 3,080,628 366,153
TOTAL LIABILITIES 3,080,628 366,153
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY (DEFICIT):    
Common stock, $.0001 par value; authorized 300,000,000 shares; 8,682,220 and 5,125,585 shares issued and outstanding, at December 31, 2016 and December 31, 2015, respectively 868 513
Additional paid-in capital 21,089,301 15,385,523
Accumulated Deficit (19,672,785) (11,139,270)
Total stockholders' equity 1,417,394 4,247,383
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 4,498,022 4,613,536
Preferred stock, Series A    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value 10 10
Total stockholders' equity 10 10
Preferred stock, Series B    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value
Total stockholders' equity
Preferred stock, Series B-1    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value
Total stockholders' equity
Preferred stock, Series C    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value 7
Total stockholders' equity 7
Preferred stock, Series D    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value 200
Total stockholders' equity 200
Preferred stock, Series E    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value
Total stockholders' equity
Preferred stock, Series F    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value 200
Total stockholders' equity 200
Preferred stock, Series G    
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock value 200
Total stockholders' equity $ 200

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