v3.5.0.2
Consolidated Balance Sheets - USD ($)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash $ 695,992 $ 91,397
Accounts receivable, net 3,179,996 1,127,058
Inventories 5,610,048 879,178
Prepaid expenses and other current assets 890,081 96,826
Total current assets 10,376,117 2,194,459
Restricted cash - non current 60,462 0
Property plant and equipment, net 450,895 100,732
Intangible assets, net 948,680 0
Deposits 2,185 0
Total assets 11,838,339 2,295,191
Current liabilities:    
Accounts payable 11,489,229 2,193,664
Deferred revenue 722,173 37,030
Accrued expenses and other current liabilities 6,915,110 659,695
Accounts receivable financing arrangement 269,975 473,960
Revolving loan 1,709,586 0
Notes payable, related party - current portion 3,000,143 0
Notes payable - current portion 19,727,445 0
Warrant liability 2,033,495 0
Due to affiliates 0 20,138,733
Total current liabilities 45,867,157 23,503,082
Notes payable 2,248,875 0
Notes payable, related party 11,211,562 0
Total liabilities 59,327,594 23,503,082
Commitments and contingencies (Note 14)
Redeemable preferred stock (Note 15) 2,700,000 0
Stockholders' equity:    
Preferred stock, $.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively. 0 0
Common stock, $.0001 par value; 750,000,000 shares authorized and 531,815,115 and 452,960,490 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively. 53,182 45,296
Additional paid-in capital 23,825,124 6,438,443
Accumulated deficit (49,565,017) (27,691,630)
Total ASTV stockholders' equity (25,686,711) (21,207,891)
Noncontrolling interest in Ronco Holdings, Inc. (24,502,544) 0
Total stockholders' deficit (50,189,255) (21,207,891)
Total liabilities, redeemable preferred stock and stockholders' defficit $ 11,838,339 $ 2,295,191