v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 102,524 $ 1,829,977
Restricted cash 4,538 4,538
Prepaid expenses 114,250 152,695
Other current assets 4,643 7,550
Total current assets 225,955 1,994,760
Property and equipment, net 1,252 1,983
Total assets 227,207 1,996,743
Current liabilities    
Accounts payable 1,096,283 129,809
Accounts payable to related party 77,290 10,000
Accrued interest due to related party 37,726  
PPP loan non-current 51,653  
Other current liabilities 426,884 420,406
Derivative liabilities 465,287 410,603
Total current liabilities 2,155,123 970,818
Noncurrent liabilities    
PPP loan non-current 65,047  
Multi-draw credit agreement - related party 450,000  
Convertible multi-draw credit agreement - related party, net of discount 651,461 387,070
Derivative liabilities, non-current 0 90,797
Total liabilities 3,321,631 1,448,685
Commitments and contingencies
Stockholders' (deficit) equity    
Preferred stock, $0.001 par value; 20,000,000 shares authorized; no shares issued and outstanding at June 30, 2020 and December 31, 2019 0 0
Common stock, $0.001 par value; 500,000,000 shares authorized; 183,207,747 and 182,895,247 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 183,208 182,895
Additional paid-in-capital 32,657,546 32,538,445
Accumulated deficit (35,935,178) (32,173,282)
Total stockholders' (deficit) equity (3,094,424) 548,058
Total liabilities and stockholders' (deficit) equity $ 227,207 $ 1,996,743

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