General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current Assets      
Cash $ 4,351,634 $ 8,440,573 $ 10,471,296
Restricted cash 5,000,000 3,650,000
Accounts receivable 2,068,913 2,121,326 1,533,235
Prepaid expenses and other current assets 1,080,787 1,367,795 711,889
Total Current Assets 12,501,334 15,579,694 12,716,420
Property and equipment, net 19,580,571 20,554,307 21,440,097
Goodwill 4,083,621 4,083,621 4,083,621
Intangible assets, net 14,186,699 14,789,876 17,234,992
Deposits 712,463 712,463 632,963
Deferred production costs 11,508,829 10,962,482 9,058,844
Other assets 6,138,631 4,638,631 500,000
Total Assets 68,712,148 71,321,074 65,666,937
Current Liabilities      
Accounts payable 1,070,299 956,871 1,072,499
Accrued expenses and other current liabilities 3,930,946 3,892,471 2,862,145
Accrued interest on convertible debt 2,707,742 2,088,994
Deferred revenue 2,947,391 3,855,459 3,307,843
Convertible debt, net of discount, current portion 10,919,706 12,845,501
Convertible debt, related party, net of discount 992,701 988,115
Due to Former Parent   33,019,510
Total Current Liabilities 22,568,785 24,627,411 40,261,997
Deferred rent 3,359,770 2,472,837 1,383,644
Convertible debt, net of discount, non-current portion 1,985,401    
Total Liabilities 27,913,956 27,100,248 41,645,641
Commitments and Contingencies  
Stockholders' Equity      
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, none issued and outstanding
Common stock, $0.0001 par value; 65,000,000 shares authorized, 23,934,871 and 23,176,146 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 2,393 2,317 1,160
Common stock subscribed, $0,0001 par value; 1,018,848 and 0 shares subscribed at March 31, 2020 and December 31, 2019, respectively 102    
Additional paid in capital 168,654,573 161,300,916 124,361,130
Subscription receivable (2,000,000)    
Accumulated deficit (125,995,053) (117,218,584) (100,479,855)
Accumulated other comprehensive income 136,177 136,177 138,861
Total Stockholders' Equity 40,798,192 44,220,826 24,021,296
Total Liabilities and Stockholders' Equity $ 68,712,148 $ 71,321,074 $ 65,666,937