Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash $ 69,567 $ 140,129
Accounts receivable 726,289 452,235
Costs and estimated earnings in excess of billings on uncompleted contracts 344,430 421,116
Prepaid expenses and other current assets 137,807 165,095
Total Current Assets 1,278,093 1,178,575
Property and equipment, net 73,937 72,544
OTHER ASSETS:    
Patents and trademarks, net 52,832 57,006
Total Other Assets 52,832 57,006
TOTAL ASSETS 1,404,862 1,308,125
CURRENT LIABILITIES:    
Accounts payable 1,213,902 1,061,961
Accounts payable - related parties 36,400 30,070
Commercial insurance/office equipment financing 87,472 44,024
Notes payable - related parties 611,352 486,964
Notes payable 49,108 196,608
Convertible notes payable, including premiums 193,950 193,950
Line of credit 38,827 40,216
Payroll taxes payable 408,186 296,215
Accrued expenses 1,253,208 955,570
Billings in excess of costs and estimated earnings on uncompleted contracts 541,836 303,064
Deferred revenue 745,251 908,206
Contingent lawsuit payable 550,000
Total Current Liabilities 5,179,492 5,066,848
Notes payable, net of discounts 1,140,582
Total Liabilities 6,320,074 5,066,848
Commitments and Contingencies (Note 5)
STOCKHOLDERS' DEFICIT:    
Preferred stock, $0.001 par value 10,000,000 authorized, none issued or outstanding
Common stock: $0.001 par value; 500,000,000 shares authorized 66,070,698 and 64,777,621 shares issued and issuable, and outstanding at September 30, 2016 and December 31, 2015, respectively 66,071 64,778
Additional paid-in capital 18,062,451 17,127,675
Accumulated deficit (23,043,734) (20,951,176)
Total Stockholders' Deficit (4,915,212) (3,758,723)
Total Liabilities and Stockholders' Deficit $ 1,404,862 $ 1,308,125