The effects of the restatement on the consolidated balance sheets are summarized in the following table:


	December 31, 2019
	As Originally
	Reported		Adjustments		As Restated
ASSETS
Current Assets
Cash and Cash Equivalents	$	122,390	$	—	$	122,390
Accounts receivable, net		85,204		—		85,204
Note receivable, net – current portion		375,000		—		375,000
Prepaid expenses and other current assets		546,970		—		546,970
Assets held for sale		375,218		—		375,218
Assets of discontinued operations		47,453		—		47,453
Total Current Assets	$	1,552,235		—	$	1,552,235

Note receivable, net		93,333		—		93,333
Property and equipment, net		1,507,327		—		1,507,327
Investment		250,000		—		250,000
Assets held for sale		15,584		—		15,584
Assets of discontinued operations		83,525		—		83,525
Total Assets	$	3,502,004	$	—	$	3,502,004

LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT)
Current Liabilities
Accounts payable and accrued expenses	$	1,221,194	$	—	$	1,221,194
Interest payable		93,375		—		93,375
Customer deposits		562,803		—		562,803
Accrued stock payable		80,657		—		80,657
Notes payable (net of discount)		2,230,684		—		2,230,684
Related party note payable (net of discount)		99,667		—		99,667
Warrant derivative liability		1,599,436		3,201,157		4,620,593
Liabilities held for sale		149,249		—		149,249
Liabilities of discontinued operations		207,993		—		207,993
Total current liabilities	$	6,245,058	$	3,201,157	$	9,266,216
Stockholders’ Equity (Deficit)
Common Stock		39,498		—		39,498
Additional paid-in capital		61,468,034		—		61,468,034
Accumulated deficit		(64,250,586)		(3,201,157)		(67,271,744)
Total Stockholders’ Equity (Deficit)	$	(2,743,054)	$	(3,201,157)	$	(5,764,212)
Total Liabilities & Stockholders’ Equity (Deficit)
	$	3,502,004	$	—	$	3,502,004

The effects of the restatement on the consolidated statements of operations and comprehensive income/loss are summarized in the following table:


	Year Ended December 31, 2019
	As Originally
	Reported		Adjustments		As Restated
Revenues
Services	$	1,787,863	$	—	$	1,787,863
Rent and interest		95,437		—		95,437
Product sale		1,783,046		—		1,783,046
Total revenues		3,666,346		—		3,666,346
Costs and Expenses
Cost of service revenues		858,714		—		858,714
Cost of goods sold		1,608,386		—		1,608,386
Selling, general, and administrative		4,379,800		—		4,379,800
Share-based expense		3,966,621		—		3,966,621
Professional fees		1,598,818		—		1,598,818
Depreciation and amortization		115,696		—		115,696
Total costs and expenses		12,528,035		—		12,528,035

Operating Loss		(8,861,689)		—		(8,861,689)
Other (Income) Expense
Amortization of debt discount and equity issuance costs
		2,019,726		—		2,019,726
Loss on extinguishment of debt		377,300		—		377,300
Interest expense, net		345,371		—		345,371
(Gain) loss on warrant derivative liability		(816,916)		3,201,157		2,204,172
Total other expense, net		1,925,411		3,201,157		4,946,569

Net Loss from Continuing Operations	$	(10,787,100)	$	(3,201,157)	$	(13,808,258)
Loss from discontinued operations		(1,675,539)		—		(1,675,539)
Net Loss	$	(12,462,639)	$	(3,201,157)	$	(15,483,797)
Deemed dividend		(2,341,000)		—		(2,341,000)
Net Loss Attributable to Common Stockholders	$	(14,803,639)	$	(3,201,157)	$	(17,824,797)

Per Share Data – Basic and diluted
Net loss from continuing operations	$	(0.28)	$	(0.08)	$	(0.36)
Net loss from discontinued operations	$	(0.04)	$	—	$	(0.04)
Net loss attributable to common stockholders per share	$	(0.39)	$	(0.08)	$	(0.47)
Weighted average number of common shares outstanding		38,106,781		—		38,106,781

The effects of the restatement on the consolidated statement of cash flows are summarized in the following table:


	December 31, 2019
	As Originally
	Reported		Adjustments		As Restated
Operating Activities
Net loss	$	(12,462,639)	$	(3,201,157)	$	(15,483,797)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount and equity issuance costs		2,019,726		—		2,019,726
Loss on extinguishment of debt		377,300		—		377,300
Depreciation and amortization expense		196,247		—		196,247
Amortization of loan origination fees		(13,333)		—		(13,333)
Bad debt expense		174,249		—		174,249
Impairment of assets		147,035		—		147,035
Loss on disposal of property and equipment		104,803		—		104,803
(Gain) loss on warrant derivative liability		(816,986)		3,201,157		2,204,172
Share-based payments		3,966,621		—		3,966,621
Changes in operating assets and liabilities:
Accounts receivable		(101,766)		—		(101,766)
Prepaid expenses and other assets		(138,254)		—		(138,254)
Inventory		(23,772)		—		(23,772)
Accounts payable and accrued liabilities		1,242,108		—		1,242,108
Net cash used in operating activities:		(5,328,661)		—		(5,328,661)

INVESTING ACTIVITIES
Purchase of property and equipment		(318,639)		—		(318,639)
Lending on notes receivable		(705,000)		—		(705,000)
Proceeds on notes receivable		270,000		—		270,000
Net cash used in investing activities		(753,639)		—		(753,639)

FINANCING ACTIVITIES
Proceeds from sale of common stock and warrants		2,604,355		—		2,604,355
Proceeds from exercise of stock options		188,770		—		188,770
Proceeds from notes payable		1,455,000		—		1,455,000
Payments on notes payable		(5,898,000)		—		(5,898,000)
Payments on Infinity Note - related party		—		—		—
Net cash provided by (used in) financing activities		(1,649,875)		—		(1,649,875)

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(7,732,175)		—		(7,732,175)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		7,957,169		—		7,957,169
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	224,994	$	—	$	224,994
SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION

Cash paid for interest	$	305,195	$	—	$	305,195

NON-CASH INVESTING & FINANCING ACTIVITIES
Deemed dividend from warrant repricing	$	2,603,000	$	—	$	2,603,000
Operating lease right-of-use asset/Operating lease liability		154,200		—		154,200
12% Warrants recorded as a debt discount and loss on extinguishment of debt		392,000		—		392,000
SBI Warrants recorded as a debt discount and loss on extinguishment of debt		28,800		—		28,800
15% Warrants recorded as a debt discount and additional paid-in capital		158,100		—		158,100