Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,261,327 $ 738,688
Accounts receivable, net 4,077,902 1,669,139
Deferred rents receivable 1,968,500 1,796,825
Due from third parties, net 9,937
Notes receivable, current portion 540,319 311,149
Inventory 6,802,291 1,219,429
Investments 1,002,659 1,449,144
Other current assets 250,045 192,368
Total current assets 16,912,980 7,376,742
Property and equipment, net 45,507,577 42,792,369
Intangibles, net 2,311,181 2,364,042
Investments 1,085,528 1,324,661
Notes receivable, less current portion 1,084,671 1,639,496
Right-of-use assets under operating leases 5,381,761 5,787,423
Right-of-use assets under finance leases 86,591 111,103
Other assets 80,493 175,905
Total assets 72,450,782 61,571,741
Current liabilities:    
Accounts payable 6,292,958 4,719,069
Accrued expenses 3,111,373 5,395,996
Notes payable, current portion 8,512,590 23,112,742
Mortgages payable, current portion 1,379,541 223,888
Debentures payable, current portion 2,928,047
Operating lease liabilities, current portion 1,002,171 917,444
Finance lease liabilities, current portion 38,412 38,412
Due to related parties 1,233,008 1,454,713
Other current liabilities 1,505,008 858,176
Total current liabilities 26,003,108 36,720,440
Notes payable, less current portion 11,653,775
Mortgages payable, less current portion 14,864,810 7,112,842
Debentures payable, less current portion 5,835,212
Operating lease liabilities, less current portion 4,967,583 5,399,414
Finance lease liabilities, less current portion 52,439 75,413
Other liabilities 100,200 100,200
Total liabilities 57,641,915 55,243,521
Stockholders’ equity:    
Preferred stock, value
Common stock, $0.001 par value; 500,000,000 shares authorized at September 30, 2020 and December 31, 2019; 289,729,854 and 228,408,024 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 289,730 228,408
Common stock subscribed but not issued; 33,319 and 3,236,857 shares at September 30, 2020 and December 31, 2019, respectively 5,365 1,168,074
Additional paid-in capital 109,115,215 112,245,730
Accumulated deficit (108,737,141) (106,760,527)
Noncontrolling interests (589,302) (553,465)
Total stockholders’ equity 83,867 6,328,220
Total liabilities, mezzanine equity, and stockholders’ equity 72,450,782 61,571,741
Series B Convertible Preferred Stock [Member]    
Mezzanine equity:    
Temporary Equity, Carrying Amount, Attributable to Parent 14,725,000
Series A Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value