v3.21.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 50,530 $ 18,540
Accounts receivable 504,496 131,228
Inventories, net of $342,496 reserve at March 31, 2021 and December 31, 2020 559,365 592,767
Prepaid expenses and other current assets 271,645 314,936
Total current assets 1,386,036 1,057,471
Investment in equity securities 409,098 517,001
Property and equipment, net 14,897 16,490
Right of use asset leases 205,856 221,432
Intangible assets, net 468,750 490,385
TOTAL ASSETS 2,484,637 2,302,779
CURRENT LIABILITIES    
Accounts payable 711,332 771,945
Accrued employee compensation 460,280 417,578
Accrued professional fees and other 2,116,468 2,037,806
Other current liabilities 7,490,366 6,330,722
Deferred revenue 41,828 47,328
Convertible debt, net of unamortized discounts of $2,184,810 and $3,948,167, respectively 9,892,777 7,545,670
Other debt, net of unamortized discounts of $2,223 and $0, respectively 1,372,651 1,135,469
Operating lease liability 67,168 65,193
Other related party debt 181,000 166,000
Total current liabilities 22,333,870 18,517,711
LONG TERM LIABILITIES    
Long term debt 527,038 527,039
Operating lease liability - long term 138,688 156,239
Deferred revenue 12,404 19,382
TOTAL LIABILITIES 23,012,000 19,220,371
COMMITMENTS AND CONTINGENCIES (Note 4)  
STOCKHOLDERS' DEFICIT    
Common stock, $.01 par value; 100,000,000 shares authorized; 5,271,707, tie to equity statement and 4,168,324 sharesissued and outstanding on March 31, 2021 and December 31, 2020 respectively 52,717 41,683
Warrants to acquire common stock 30,005,307 29,192,471
Additional paid-in capital 52,860,129 50,312,968
Accumulated deficit (103,446,609) (96,465,807)
Total stockholders' deficit (20,527,363) (16,917,592)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 2,484,637 2,302,779
Series D Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock 3 3
Series G Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock 806 806
Series H Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock 100 100
Series H2 Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock
Series J Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock 35 35
Series K Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock 68 68
Series AA Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock $ 81 $ 81

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