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

CONDENSED CONSOLIDATED BALANCE SHEET (March 31, 2021 unaudited)

v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEET (March 31, 2021 unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:      
Cash $ 231,935 $ 137,862 $ 346,111
Prepaid Expenses 226,447 29,953 23,282
Total Current Assets 458,382 167,815 369,393
PROPERTY AND EQUIPMENT, NET 0 0 0
OTHER ASSETS      
Right of Use Asset, net 44,125 49,364  
Deferred Offering Expenses 143,377 0  
Deposits 3,000 3,000  
Total Other Assets 190,502 52,364  
TOTAL ASSETS 648,884 220,179 369,393
OTHER ASSETS:      
Operating Lease - Right of Use Asset   49,364 0
Security Deposit   3,000 0
Total Other Assets   52,364 0
CURRENT LIABILITIES:      
Accounts Payable 1,735,159 1,559,627 1,372,428
Loans Payable, Related Parties 0 9,000 0
Convertible Debentures Payable 5,180,342 5,180,342  
Deferred Revenue - Participation Agreements 2,001,001 1,936,800 0
Accrued Interest 2,599,613 2,464,724 1,952,606
Lease Liability, current portion 32,362 29,172  
Note Payable 158,650 0  
Accrued Liabilities - Other 233,898 214,250 102,500
Total Current Liabilities 11,941,025 11,393,915 8,707,876
Current Portion of Long-Term Operating Lease   29,172 0
Convertible Debentures Payable   5,180,342 5,280,342
LONG-TERM LIABILITIES:      
Note -Payable - SBA Paycheck Protection Loan 121,700 121,700  
Lease Liability, long term portion 9,929 15,178  
Total Long-Term Liabilities 131,629 136,878 0
Note Payable, Other   121,700 0
Long-Term Operating Lease, Net of Current Portion   15,178 0
TOTAL LIABILITIES 12,072,654 11,530,793 8,707,876
STOCKHOLDERS' DEFICIT:      
Common Stock, Value 421,119 413,036 396,737
Additional Paid-In Capital 89,437,765 87,340,025 81,222,726
Accumulated deficit (101,282,654) (99,063,675) (89,957,946)
Total Stockholders' Deficit (11,423,770) (11,310,614) (8,338,483)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 648,884 $ 220,179 $ 369,393