XML 11 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 6,261,275 $ 1,816,887
Restricted cash 142,382 142,382
Accounts receivable, net 1,181,633 425,029
Inventory, net 1,177,799 870,190
Prepaid expenses and other current assets 80,312 47,066
Total current assets 8,843,401 3,301,554
Property, plant and equipment, net of depreciation 1,737,917 1,922,912
Operating lease right-of-use assets, net 102,525 147,947
Intangible assets, net of amortization 386,274 430,216
Deposits 6,746 14,817
Total Assets 11,076,863 5,817,446
Current liabilities:    
Accounts payable 1,418,191 353,046
Accrued expenses 326,032 298,489
Advance payment 401,306 401,306
Accrued payroll 232,037 191,137
Accrued vacation 94,234 117,166
Accrued interest 33,600 68,627
Lease liability 71,859 65,007
Loan payable – Paycheck Protection Program 51,649 410,317
Convertible note, net of discount 158,243
Derivative liabilities 41,475
Total current liabilities 2,628,908 2,104,813
Long term liabilities:    
Accrued interest 127,664
Lease liability 39,321 94,170
Loan payable – Paycheck Protection Program 516,482 157,814
Convertible note - related party, net of discount 197,804
Convertible note, net of discount 810,995
Total liabilities 3,184,711 3,493,260
Commitments and contingencies (Note 6,7,8 and 13)
Stockholders’ equity:    
Preferred stock, $0.000001 par value, 5,000,000 shares authorized, none issued or outstanding
Common stock, $0.000001 par value; 295,000,000 shares authorized; 167,601,435 and 149,133,372 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 168 149
Additional paid in capital 60,187,031 53,223,665
Accumulated deficit (52,295,047) (50,899,628)
Total stockholders’ equity 7,892,152 2,324,186
Total Liabilities and Stockholders’ Equity $ 11,076,863 $ 5,817,446