v3.20.1
Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 631,018 $ 86,919
Accounts Receivable, net 119,425 55,540
Inventory 505,803 598,718
Prepaid Assets 136,721 199,727
Total Current Assets 1,392,967 940,904
Other Assets:    
Property and Equipment, net 128,527 128,723
Intangible Assets, net 602,054 569,341
Investment in Joint Venture 500 500
Long-Term Prepaid Asset 52,000 52,000
Total Other Assets 783,081 750,564
TOTAL ASSETS 2,176,048 1,691,468
Current Liabilities:    
Accounts Payable 484,114 727,114
Notes Payable 50,000
Deferred Revenue 94,118 139,447
Accrued Expenses 165,040 122,658
Total Current Liabilities 743,272 1,039,219
TOTAL LIABILITIES 743,272 1,039,219
Commitments & Contingencies
Stockholders' Equity    
Preferred Stock, $0.001 par; 10,000,000 shares authorized; 1,378 and 0 issued and outstanding, respectively 2
Common Stock, $0.001 par; 8,000,000 shares authorized; 1,817,834, and 1,403,759 issued and outstanding, respectively 1,818 1,404
Additional Paid-In Capital 29,425,382 26,746,439
Accumulated Deficit (27,994,426) (26,095,594)
Total Stockholders' Equity 1,432,776 652,249
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,176,048 $ 1,691,468

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