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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 1,393,474 $ 1,980,015
Accounts receivable
Inventory 22,666
Advance to related party 58,135
Prepaid expense and other current assets 64,493 23,635
Total current assets 1,457,967 2,084,451
Patents, net 173,179 182,386
Property and equipment, net 18,389 26,997
Total assets 1,649,535 2,293,834
Liabilities and Stockholders' Deficit    
Accounts payable and accrued expenses 188,251 159,300
Advances from investors 301,773 777,258
Convertible notes payable – related party 513,356 886,481
Total current liabilities 1,003,380 1,823,039
Total liabilities 1,003,380 1,823,039
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value: Authorized shares - 10,000,000, Issued and outstanding shares – 0 at June 30, 2018 and December 31, 2017
Common stock, $0.01 par value: Authorized shares - 100,000,000, Issued and outstanding shares – 34,674,261 and 23,156,563 at June 30, 2018 and December 31, 2017, respectively 346,742 231,565
Additional paid-in capital 2,691,661 2,123,205
Accumulated deficit (2,450,101) (1,883,975)
Total Amarillo Bioscience’s Inc. equity 588,302 470,795
Non-controlling interests 57,853
Total stockholders’ equity 646,155 470,795
Total liabilities and stockholders’ equity $ 1,649,535 $ 2,293,834