v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,339,610 $ 738,688
Accounts receivable, net 2,873,505 1,669,139
Deferred rents receivable 1,990,289 1,796,825
Due from third parties, net 198,680
Notes receivable, current portion 316,936 311,149
Inventory 3,905,963 1,219,429
Investments 785,285 1,449,144
Other current assets 209,101 192,368
Total current assets 12,619,369 7,376,742
Property and equipment, net 44,622,081 42,792,369
Intangibles, net 2,452,134 2,364,042
Investments 1,034,017 1,324,661
Notes receivable, less current portion 1,309,729 1,639,496
Right-of-use assets under operating leases 5,514,031 5,787,423
Right-of-use assets under finance leases 94,761 111,103
Other assets 185,905 175,905
Total assets 67,832,027 61,571,741
Current liabilities:    
Accounts payable 4,586,897 4,719,069
Accrued expenses 3,002,216 5,395,996
Notes payable, current portion 17,210,101 23,112,742
Mortgages payable, current portion 1,166,259 223,888
Debentures payable, current portion 4,476,667
Operating lease liabilities, current portion 988,305 917,444
Finance lease liabilities, current portion 38,412 38,412
Due to related parties 1,391,309 1,454,713
Other current liabilities 1,254,412 858,176
Total current liabilities 34,114,578 36,720,440
Notes payable, less current portion 11,190,177
Mortgages payable, less current portion 6,965,319 7,112,842
Debentures payable, less current portion 5,835,212
Operating lease liabilities, less current portion 5,106,204 5,399,414
Finance lease liabilities, less current portion 60,240 75,413
Other liabilities 100,200 100,200
Total liabilities 57,536,718 55,243,521
Stockholders’ equity (deficit):    
Preferred stock, value
Common stock, $0.001 par value; 500,000,000 shares authorized at June 30, 2020 and December 31, 2019; 271,479,247 and 228,408,024 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 271,479 228,408
Common stock subscribed but not issued; 34,171 and 3,236,857 shares at June 30, 2020 and December 31, 2019, respectively 5,365 1,168,074
Additional paid-in capital 106,253,357 112,245,730
Accumulated deficit (110,396,008) (106,760,527)
Noncontrolling interests (563,884) (553,465)
Total stockholders’ equity (deficit) (4,429,691) 6,328,220
Total liabilities, mezzanine equity, and stockholders’ equity (deficit) 67,832,027 61,571,741
Series B Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total Mezzanine Equity 14,725,000
Series A Convertible Preferred Stock [Member]    
Stockholders’ equity (deficit):    
Preferred stock, value

Source