Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations - Schedule of Discontinued Operations (Details)

v3.20.2
Discontinued Operations - Schedule of Discontinued Operations (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Cash $ 16,189,651           $ 16,189,651   $ 517,444  
Marketable Securities 6,929,356           6,929,356   9,164,273  
Accounts Receivable, net                  
Deposits and Other Receivables                  
Inventories, net                  
Prepaid expenses 446,507           446,507   340,971  
Current Assets - discontinued operations             288,126  
Total Current Assets 23,565,514           23,565,514   10,310,814  
Prepaid Expenses, net of current                  
Restricted Cash 115,094           115,094   115,094  
Property, Plant and Equipment, net 3,738           3,738   10,554  
Intangible assets, net                  
Other assets             2,722  
Non-current Assets - discontinued operations             445,751  
Total Non-Current Assets 159,301           159,301   574,121  
Total Assets 23,724,815           23,724,815   10,884,935  
Trade and Other Payables 1,057,469           1,057,469   901,207  
Current Liabilities - discontinued operations 1,457,671           1,457,671   628,558  
Total Current Liabilities 2,555,646           2,555,646   1,529,765  
Total Liabilities 2,555,646           2,555,646   1,529,765  
Commitments and Contingencies                  
Preferred Stock, No par value, 50,000,000 total preferred shares authorized              
Common stock, No par value, 100,000,000 shares authorized 1,738,837 issued and outstanding as of December 31, 2019 154,901,639           154,901,639   128,920,414  
Accumulated Other Comprehensive Income (Loss) $ 21,153           17,886  
Accumulated Deficit (133,876,994)           (133,876,994)   (119,583,130)  
Total Shareholders' Equity 21,169,169 15,972,148 $ 6,817,451 $ 3,598,195 $ 4,314,134 $ 4,965,918 21,169,169 $ 3,598,195 9,355,170 $ 5,833,753
Total Liabilities and Shareholders' Equity 23,724,815           23,724,815   10,884,935  
Product Revenue            
Product Cost of Sales            
Gross Income (Loss)            
Research and Development Expenses 1,741,269         6,140,487    
Administrative Expenses 1,223,354     843,144     2,983,443 2,687,681    
Sales and Marketing Expenses 6,250     6,163     16,667 18,750    
Compliance and Regulatory Expenses                
Litigation Settlement Expenses         75,000    
Amortization of Non-Current Assets                
Impairment of Intangible Assets         152,822    
(Loss) income from Operations (2,970,873)     (849,307)     (9,140,597) (2,781,431)    
Foreign Currency Transaction (Gain) Loss     (32)     (93) 4,846    
Gain on Investments     (6,416)     36,714 (2,155)    
Interest and Dividend Income (23,368)     (22,015)     (99,116) (81,017)    
Total Other Income (54,833)     (28,463)     (93,960) (78,326)    
Loss from Continuing Operations (2,916,040)     (820,844)     (9,046,637) (2,703,105)    
Income/(Loss) from Discontinued Operations (4,211,157)     (16,182)     (5,247,227) 154,230    
Loss Before Income Taxes       (837,026)       (2,548,875)    
Income Tax Benefit            
Net Loss (7,127,197) $ (3,628,131) $ (3,538,536) (837,026) $ (794,891) $ (916,958) (14,293,864) (2,548,875)    
Net Unrealized Gain (Loss) on Marketable Securities     (1,805)     45,597    
Total Other Comprehensive (Loss) Income     (1,805)     45,597    
Comprehensive Loss (7,127,197)     (838,831)     (14,293,864) (2,503,278)    
Depreciation and amortization     13,087     28,757 54,522    
Impairment of Prepaid Royalties         291,442    
Impairment of intangible assets         152,822    
Inventory adjustment for net realizable value         197,723    
Reserve for obsolete inventory     79,413     126,422    
Share based compensation - shares issued to Chubeworkx 2,510,000         3,173,928    
Significant Non-cash Items 2,510,000     92,500     3,173,928 161,578    
As Previously Reported [Member]                    
Cash                 517,444  
Marketable Securities                 9,164,273  
Accounts Receivable, net                 42,881  
Deposits and Other Receivables                  
Inventories, net                 198,985  
Prepaid expenses                 387,231  
Current Assets - discontinued operations                  
Total Current Assets                 10,310,814  
Prepaid Expenses, net of current                 252,308  
Restricted Cash                 115,094  
Property, Plant and Equipment, net                 33,574  
Intangible assets, net                 170,423  
Other assets                 2,722  
Non-current Assets - discontinued operations                  
Total Non-Current Assets                 574,121  
Total Assets                 10,884,935  
Trade and Other Payables                 1,529,765  
Current Liabilities - discontinued operations                  
Total Current Liabilities                 1,529,765  
Total Liabilities                 1,529,765  
Commitments and Contingencies                  
Preferred Stock, No par value, 50,000,000 total preferred shares authorized                  
Common stock, No par value, 100,000,000 shares authorized 1,738,837 issued and outstanding as of December 31, 2019                 128,920,414  
Accumulated Other Comprehensive Income (Loss)                 17,886  
Accumulated Deficit                 (119,583,130)  
Total Shareholders' Equity                 9,355,170  
Total Liabilities and Shareholders' Equity                 10,884,935  
Product Revenue       420,812       1,497,448    
Product Cost of Sales       (285,510)       (751,311)    
Gross Income (Loss)       135,302       746,137    
Research and Development Expenses                
Administrative Expenses       895,026       2,859,288    
Sales and Marketing Expenses       38,262       202,242    
Compliance and Regulatory Expenses       57,502       206,802    
Litigation Settlement Expenses             75,000    
Amortization of Non-Current Assets       10,001       30,006    
Impairment of Intangible Assets                
(Loss) income from Operations       (865,489)       (2,627,201)    
Foreign Currency Transaction (Gain) Loss       (32)       4,846    
Gain on Investments       (6,416)       (2,155)    
Interest and Dividend Income       (22,015)       (81,017)    
Total Other Income       (28,463)       (78,326)    
Loss from Continuing Operations       (837,026)       (2,548,875)    
Income/(Loss) from Discontinued Operations                
Loss Before Income Taxes       (837,026)       (2,548,875)    
Income Tax Benefit                  
Net Loss       (837,026)       (2,548,875)    
Net Unrealized Gain (Loss) on Marketable Securities       (1,805)       45,597    
Total Other Comprehensive (Loss) Income       (1,805)       45,597    
Comprehensive Loss       (838,831)       (2,503,278)    
Depreciation and amortization               54,522    
Impairment of intangible assets                
Reserve for obsolete inventory               126,422    
Adjustment [Member]                    
Cash                  
Marketable Securities                  
Accounts Receivable, net                 42,881  
Deposits and Other Receivables                  
Inventories, net                 198,985  
Prepaid expenses                 46,260  
Current Assets - discontinued operations                 (288,126)  
Total Current Assets                  
Prepaid Expenses, net of current                 252,308  
Restricted Cash                  
Property, Plant and Equipment, net                 23,020  
Intangible assets, net                 170,423  
Other assets                  
Non-current Assets - discontinued operations                 (445,751)  
Total Non-Current Assets                  
Total Assets                  
Trade and Other Payables                 628,558  
Current Liabilities - discontinued operations                 (628,558)  
Total Current Liabilities                  
Total Liabilities                  
Commitments and Contingencies                  
Preferred Stock, No par value, 50,000,000 total preferred shares authorized                  
Common stock, No par value, 100,000,000 shares authorized 1,738,837 issued and outstanding as of December 31, 2019                  
Accumulated Other Comprehensive Income (Loss)                  
Accumulated Deficit                  
Total Shareholders' Equity                  
Total Liabilities and Shareholders' Equity                  
Product Revenue       420,812       1,497,448    
Product Cost of Sales       (285,510)       (751,311)    
Gross Income (Loss)       135,302       746,137    
Research and Development Expenses                
Administrative Expenses       51,882       171,607    
Sales and Marketing Expenses       32,099       183,492    
Compliance and Regulatory Expenses       57,502       206,802    
Litigation Settlement Expenses                
Amortization of Non-Current Assets       10,001       30,006    
Impairment of Intangible Assets                
(Loss) income from Operations       (16,182)       154,230    
Foreign Currency Transaction (Gain) Loss                
Gain on Investments                
Interest and Dividend Income                
Total Other Income       (16,182)       154,230    
Loss from Continuing Operations                  
Income/(Loss) from Discontinued Operations       16,182       (154,230)    
Loss Before Income Taxes                
Income Tax Benefit                  
Net Loss                
Net Unrealized Gain (Loss) on Marketable Securities                
Total Other Comprehensive (Loss) Income                
Comprehensive Loss                
Depreciation and amortization               35,156    
Impairment of intangible assets                
Reserve for obsolete inventory               $ 126,422    
Discontinued Operations [Member]                    
Total Current Assets                
Total Non-Current Assets                
Total Assets                
Current Liabilities - discontinued operations 1,457,671           1,457,671      
Total Current Liabilities 1,457,671           1,457,671      
Total Liabilities 1,457,671           1,457,671      
Total Shareholders' Equity                
Total Liabilities and Shareholders' Equity 1,457,671           1,457,671      
Impairment of Production Equipment           18,680      
Product Revenue           361,627      
Product Cost of Sales 109,983           660,023      
Gross Income (Loss) (109,983)           (298,396)      
Administrative Expenses 62,550           196,901      
Sales and Marketing Expenses 29,300           40,586      
Compliance and Regulatory Expenses 59,910           199,668      
Litigation Settlement Expenses 3,949,414           4,031,131      
Amortization of Non-Current Assets           17,601      
Impairment of Intangible Assets           152,822      
Income/(Loss) from Discontinued Operations (4,211,157)           (5,247,227)      
Impairment of Prepaid Royalties           291,442      
Impairment of intangible assets           $ 152,822