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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 1,706,804 $ 1,980,015
Accounts receivable 2,248
Inventory 22,666
Advance to related party 58,135
Prepaid expense and other current assets 10,328 23,635
Total current assets 1,719,380 2,084,451
Patents, net 178,257 182,386
Property and equipment, net 22,693 26,997
Total assets 1,920,330 2,293,834
Liabilities and Stockholders' Deficit    
Accounts payable and accrued expenses 139,492 159,300
Advances from investors 301,773 777,258
Customer deposits 7,491
Convertible notes payable – related party 691,481 886,481
Total current liabilities 1,140,237 1,823,039
Total liabilities 1,140,237 1,823,039
Commitments and contingencies
Stockholders' equity (deficit)    
Preferred stock, $0.01 par value: Authorized shares - 10,000,000, Issued and outstanding shares – 0 at March 31, 2018 and December 31, 2017
Common stock, $0.01 par value: Authorized shares - 100,000,000, Issued and outstanding shares –33,724,261 and 23,156,563 at March 31, 2018 and December 31, 2017, respectively 337,243 231,565
Additional paid-in capital 2,514,263 2,123,205
Accumulated deficit (2,152,579) (1,883,975)
Total Amarillo Bioscience’s Inc. equity (deficit) 698,927 470,795
Non-controlling interests 81,166
Total stockholders’ equity (deficit) 780,093 470,795
Total liabilities and stockholders’ equity (deficit) $ 1,920,330 $ 2,293,834