v3.21.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 18,540 $ 29,625
Accounts receivable 131,228 229,402
Inventories, net of $342,496 reserve at December 31, 2020 and December 31, 2019 592,767 617,716
Prepaid expenses and other current assets 314,936 213,549
Total current assets 1,057,471 1,090,292
Investment in equity securities 517,001 16,643
Property and equipment, net 16,490 55,590
Right of use asset leases 221,432 76,586
Intangible assets, net 490,385 576,923
TOTAL ASSETS 2,302,779 1,816,034
CURRENT LIABILITIES    
Accounts payable 771,945 815,764
Accrued employee compensation 417,578 451,200
Accrued professional fees and other 2,037,806 1,658,452
Other current liabilities 6,330,722 2,949,621
Deferred revenue 47,328 23,248
Convertible debt, net of unamortized discounts of $3,948,187 and $619,227, respectively 7,545,670 6,121,338
Other debt, net of unamortized discounts of $0 and $1,769, respectively 1,135,469 1,675,667
Operating lease liability 65,193 76,586
Other related party debt 166,000 81,500
Total current liabilities 18,517,711 13,853,376
LONG TERM LIABILITIES    
Long term debt 527,039
Operating lease liability - long term 156,239  
Deferred revenue 19,382 18,065
TOTAL LIABILITIES 19,220,371 13,871,441
COMMITMENTS AND CONTINGENCIES (Note 8)  
STOCKHOLDERS' DEFICIT    
Common stock, $.01 par value; 100,000,000 shares authorized; 4,168,324 and 2,549,620 shares issued and outstanding on December 31, 2020 and 2019 respectively 41,683 25,496
Warrants to acquire common stock 29,192,471 22,599,177
Additional paid-in capital 50,312,968 44,261,105
Accumulated deficit (96,465,807) (78,942,277)
Total stockholders' deficit (16,917,592) (12,055,407)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 2,302,779 1,816,034
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 $ 80

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