v3.20.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 738,688 $ 4,104,315
Accounts receivable, net 1,669,139 5,376,966
Deferred rents receivable 1,796,825 2,096,384
Due from third parties, net 3,860,377
Note receivable, current portion 311,149 51,462
Inventory 1,219,429 90,460
Investments 1,449,144
Other current assets 192,368 128,552
Total current assets 7,376,742 15,708,516
Property and equipment, net 42,792,369 34,099,864
Intangibles 2,364,042 185,000
Investments 1,324,661 1,672,163
Note receivable, less current portion 1,639,496 1,092,376
Debentures receivable 30,000,000
Right-of-use assets under operating leases 5,787,423
Right-of-use assets under finance leases 111,103
Due from related parties 119,781
Other assets 175,905 82,924
Total assets 61,571,741 82,960,624
Current liabilities:    
Accounts payable 4,719,069 3,915,430
Accrued expenses 5,395,996 1,588,368
Deferred rents payable 105,901
Notes payable 23,112,742 3,877,701
Mortgages payable, current portion 223,888 188,231
Operating lease liabilities, current portion 917,444
Finance lease liabilities, current portion 38,412
Due to related parties 1,454,713 276,311
Other current liabilities 858,176
Total current liabilities 36,720,440 9,951,942
Mortgages payable, less current portion 7,112,842 7,348,581
Debentures payable 5,835,212 3,557,440
Operating lease liabilities, less current portion 5,399,414
Finance lease liabilities, less current portion 75,413
Other liabilities 100,200 338,200
Total liabilities 55,243,521 21,196,163
Stockholders' equity:    
Series A convertible preferred stock, $0.001 par value; 50,000,000 shares authorized at December 31, 2019 and 2018; no shares issued or outstanding at December 31, 2019 and 2018
Common stock, $0.001 par value; 500,000,000 shares authorized at December 31, 2019 and 2018; 228,408,024 and 211,013,043 shares issued and outstanding at December 31, 2019 and 2018, respectively 228,408 211,013
Common stock subscribed but not issued; 3,236,857 and 97,136 shares at December 31, 2019 and 2018, respectively 1,168,074 169,123
Additional paid-in capital 112,245,730 87,180,165
Accumulated deficit (106,760,527) (25,575,808)
Noncontrolling interests (553,465) (220,032)
Total stockholders' equity 6,328,220 61,764,461
Total liabilities and stockholders' equity $ 61,571,741 $ 82,960,624

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