XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 1,143,317 $ 1,980,015
Inventory 22,666
Receivables 6,727
Advance to related party 58,135
Prepaid expense and other current assets 46,174 23,635
Total current assets 1,196,218 2,084,451
Goodwill 133,449
Patents, net 168,417 182,386
Property and equipment, net 18,997 26,997
Total assets 1,517,081 2,293,834
Liabilities and Stockholders' Deficit    
Accounts payable and accrued expenses 137,761 159,300
Advances from investors 56,225 777,258
Convertible notes payable – related party 513,356 886,481
Total current liabilities 707,342 1,823,039
Total liabilities 707,342 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 September 30, 2018 and December 31, 2017
Common stock, $0.01 par value: Authorized shares - 100,000,000,Issued and outstanding shares – 37,299,276 and 23,156,563 at September 30, 2018 and December 31, 2017, respectively 372,993 231,565
Additional paid-in capital 3,139,033 2,123,205
Accumulated deficit (2,702,287) (1,883,975)
Total stockholders’ equity 809,739 470,795
Total liabilities and stockholders’ equity $ 1,517,081 $ 2,293,834