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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 63,000 $ 21,000
Accounts receivable 629,000 966,000
Inventories 1,078,000 1,339,000
Prepaid expenses 730,000 630,000
TOTAL CURRENT ASSETS 2,500,000 2,956,000
Property and equipment, net 317,000 358,000
Right-of-use assets 853,000 1,133,000
Other noncurrent assets 270,000 270,000
TOTAL ASSETS 3,940,000 4,717,000
CURRENT LIABILITIES    
Accounts payable 630,000 1,058,000
Dividends payable 3,678,000 2,667,000
Accrued legal contingencies 1,066,000 1,066,000
Accrued expenses and other current liabilities 454,000 525,000
Operating lease liability, current 597,000 619,000
Related party notes and advances payable 4,000,000 2,472,000
TOTAL CURRENT LIABILITIES 10,425,000 8,407,000
LONG TERM LIABILITIES    
Operating lease liability, non-current 349,000 631,000
Other long term liabilities 136,000 105,000
TOTAL LIABILITIES 10,910,000 9,143,000
REDEEMABLE CONVERTIBLE PREFERRED STOCK    
Preferred stock series A subject to possible redemption, 50,000,000 shares authorized: 25,000 issued and outstanding at stated redemption value of $1,000 per share as of June 30, 2024, and December 31, 2023, respectively 25,000,000 25,000,000
SHAREHOLDERS’ DEFICIT:    
Common Stock, par value $0.001 a share; 2,000,000,000 shares authorized as of June 30, 2024, and December 31, 2023: 183,943,705 shares issued and outstanding on June 30, 2024, and 183,941,422 as of December 31, 2023, respectively 184,000 184,000
Additional paid-in capital 13,504,000 13,504,000
Accumulated deficit (45,658,000) (43,114,000)
TOTAL SHAREHOLDERS’ DEFICIT (31,970,000) (29,426,000)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS’ DEFICIT $ 3,940,000 $ 4,717,000