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Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash $ 7,282,103 $ 4,968,915
Accounts receivable, net 4,815,676 4,259,468
Prepaid expenses 182,189 321,035
Lease merchandise, net 18,326,430 21,415,322
Total current assets 30,606,398 30,964,740
PROPERTY AND EQUIPMENT, net 3,313,109 2,948,164
OTHER ASSETS, net 91,390 95,722
Total assets 34,010,897 34,008,626
CURRENT LIABILITIES:    
Current portion of loan payable under credit agreement to beneficial shareholder net of $202,179 at 2018 and $118,404 at 2017 of unamortized issuance costs 8,116,897 14,094,096
Accounts payable 5,928,868 7,702,145
Accrued payroll and related taxes 225,081 404,346
Promissory notes 1,750,000
Accrued expenses 858,863 786,095
Total current liabilities 16,879,709 22,986,682
Loan payable under credit agreement to beneficial shareholder net of $151,634 at September 30, 2018 and $39,468 at Dec 31, 2017 of unamortized issuance costs and current portion 6,087,673 4,698,032
Total liabilities 22,967,382 27,684,714
STOCKHOLDERS' EQUITY    
Series 1 Convertible Preferred Stock, $0.001 par value- authorized 250,000 shares, issued and outstanding 239,405 shares at $5.00 stated value 1,197,025 1,197,025
Series 2 Convertible Preferred Stock, $0.001 par value- authorized 25,000 shares, issued and outstanding 21,952 shares at $1,000 stated value 21,952,000 21,952,000
Common stock, $0.0001 par value- authorized 40,000,000 shares, issued and outstanding 17,579,870 shares as of 2018 and 5,294,501 as of 2017 1,758 529
Additional paid in capital 34,142,693 22,445,691
Accumulated deficit (46,249,961) (39,271,333)
Total stockholders' equity 11,043,515 6,323,912
Total liabilities and stockholder's equity $ 34,010,897 $ 34,008,626