Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 60 $ 576
Prepaid expenses 30 0
Total Current Assets 90 576
Intangible assets 25,262 253,777
Deposits 12 9
Fixed assets, net 35 6
Total Other Assets 25,309 253,792
TOTAL ASSETS 25,399 254,368
Current Liabilities:    
Accounts payable 1,762 2,546
Accrued expenses 1,455 102
Line of credit 31 31
Note Payable to Related Party 100 0
Deferred Rent 8 0
Convertible debentures 10,673 0
Total Current Liabilities 14,029 2,679
Total liabilities 14,029 2,679
Stockholders' Deficit:    
Common stock - $0.001 par value; 750,000,000 shares authorized; and 50,650,478 and 50,117,977 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively 51 50
Additional paid-in capital 540,171 521,305
Accumulated deficit (528,685) (269,499)
Noncontrolling interest (169) (169)
Total Stockholders' Deficit 11,370 251,689
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 25,399 254,368
Series C    
Stockholders' Deficit:    
Convertible preferred stock - $0.001 par value; 15,000,000 shares authorized 1 1
Series J    
Stockholders' Deficit:    
Convertible preferred stock - $0.001 par value; 15,000,000 shares authorized $ 1 $ 1