v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Feb. 29, 2020
May 31, 2019
Current assets    
Cash and cash equivalents $ 3,039,095 $ 10,525,791
Accounts Receivable 157,229 163,571
Inventory 730,330 746,833
Prepaid expenses and other current assets 329,674 390,413
Interest receivable - current portion 399,453 0
Notes receivable - current portion 5,000,000 850,958
Total current assets 9,655,781 12,677,566
Investment 0 2,709
Note receivable 0 4,299,042
Interest receivable   178,258
Property, plant and equipment, net of accumulated depreciation of $745,196 and $546,408 3,613,937 1,910,301
Right of use assets, operating leases 566,049 0
Intangible assets, net of accumulated amortization of $203,810 and $116,476 1,437,753 1,525,087
Goodwill 25,742,899 25,742,899
Other assets 167,455 167,455
Total assets 41,183,874 46,503,317
Current liabilities    
Accounts payable and accrued liabilities 1,071,948 1,517,127
Accrued interest 264,155 474,800
Notes payable, net of discount 0 3,932,616
Lease liability - operating leases, current 443,063 0
Contingent liability 1,000,000 1,000,000
Total current liabilities 2,779,166 6,924,543
Noncurrent liabilities    
Lease liability - operating leases, non-current 236,851 0
Convertible notes payable - Long Term, net of discount of $2,633,799 and $3,819,010 16,845,337 14,541,220
Total Liabilities 19,861,354 21,465,763
Commitments and contingencies 0 0
Stockholder's equity    
Preferred stock, $0.001 par value; 20,000,000 shares authorized; no shares issued 0 0
Common stock, $0.0001 par value; 750,000,000 shares authorized at February 29, 2020 and May 31, 2019; 126,521,414 and 125,839,095 shares issued and outstanding at February 29, 2020 and May 31, 2019, respectively 12,653 12,585
Additional paid-in capital 71,196,814 70,758,025
Common stock subscribed 211,677 455,095
Accumulated deficit (50,098,624) (46,188,151)
Total stockholder's equity (deficit) 21,322,520 25,037,554
Total liabilities and stockholders' equity (deficit) $ 41,183,874 $ 46,503,317

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