Balance Sheet

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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 57,900 $ 21,500
Accounts receivable, net of allowance for credit losses of $ 24,200 and $179,000, respectively 340,800 640,500
Inventory 16,800 9,400
Contract assets 17,000 138,700
Prepaid expenses and other current assets 81,400 85,800
Assets held for sale 54,300 217,200
Total Current Assets 568,200 1,113,100
Property and equipment, net 33,600 38,600
Intangible Assets, net 17,900 20,700
Right of use assets 191,300 249,700
Investments 182,200
Other assets 40,000 40,100
TOTAL ASSETS 851,000 1,644,400 [1]
Current Liabilities    
Accounts payable 816,600 1,044,700
Accrued liabilities 3,759,300 2,953,800
Contract liabilities 829,800 536,000
Deferred revenue 43,300
Customer deposits 26,800
Short term notes 4,243,100 3,518,100
Short term notes and accrued interest - related party 201,400 184,000
Convertible notes 1,605,000 1,605,000
Current portion of long-term debt and capital lease obligations 509,800 504,300
Current portion of lease liabilities 72,500 63,100
Liabilities held for sale 42,900 85,400
Total Current Liabilities 12,150,500 10,494,400
Lease liabilities net of current portion 145,100 217,400
Long term debt 1,843,900 1,840,600
Total Liabilities 14,139,500 12,552,400
Commitments and contingencies
Stockholders’ deficit    
Preferred stock; $.001 par value; 5,000,000 shares authorized; -0- shares issued
Common stock; $.001 par value; 70,000,000 shares authorized; 65,088,575 shares issued, issuable* and outstanding December 31, 2023 and December 31, 2022 65,100 65,100
Common stock issuable 25,000 25,000
Additional paid-in capital 22,973,800 22,973,800
Stock Subscription receivable (25,000) (25,000)
Accumulated deficit (34,377,900) (32,005,100)
Total stockholders’ deficit (11,339,000) (8,966,200)
Non-controlling interest (1,949,500) (1,941,800)
Total Deficit (13,288,500) (10,908,000)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 851,000 $ 1,644,400
[1] Includes depreciation of property, equipment and leasehold improvement and amortization of intangibles.

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