Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 2,296,000 $ 3,204,000
Accounts receivable, net 48,000 44,000
Other receivable 100,000 200,000
Inventory 8,000 12,000
Prepaid expenses 52,000 50,000
Trading securities, at market value 44,000 59,000
Total Current Assets 2,548,000 3,569,000
Property and equipment, net 184,000 211,000
Intangible assets, net 17,000 18,000
Capitalized licensing rights, net 38,000 40,000
Other assets 22,000 22,000
TOTAL ASSETS 2,809,000 3,860,000
Current Liabilities:    
Accounts payable and accrued liabilities 222,000 176,000
Total Current Liabilities 222,000 176,000
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of March 31, 2017 and December 31, 2016; 20,000 Class E shares issued and outstanding as of March 31, 2017 and December 31, 2016 13 13
Common Stock, $0.0001 par value, 250,000,000 shares authorized 160,447,026 and 157,637,026 shares issued and outstanding as of March 31, 2017 and December 31, 2016 16,044 15,763
Additional paid-in capital 37,111,943 34,752,224
Accumulated deficit (34,541,000) (31,084,000)
Total Stockholders' Equity 2,587,000 3,684,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 2,809,000 3,860,000
Class A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of March 31, 2017 and December 31, 2016; 20,000 Class E shares issued and outstanding as of March 31, 2017 and December 31, 2016 11 11
Total Stockholders' Equity 11 11
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 11 11
Class E Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of March 31, 2017 and December 31, 2016; 20,000 Class E shares issued and outstanding as of March 31, 2017 and December 31, 2016 2 2
Total Stockholders' Equity 2 2
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2 $ 2