Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:            
Cash $ 167,054 $ 7,021 $ 1,850 $ 5,558 $ 57,830 $ 101,561
Cash held in trust 376 2,733 76,246 34,480 170,221 193,000
Inventories 89,892 176,672 177,733 178,683 195,523 167,059
Prepaid expenses and deposits 268,617 287,539 277,860 299,422 175,962 119,061
Other receivables 19,358 1,326
TOTAL CURRENT ASSETS 525,939 473,965 533,689 518,143 618,894 582,007
FIXED ASSETS:            
Furniture and equipment, net 67,823 76,193 125,776 142,023 174,862 143,967
OTHER ASSETS:            
Intangible assets, net 1,786,211 1,903,425 2,026,405 2,148,955 2,270,477 2,753,585
Goodwill 1,140,246 1,140,246 1,140,246 1,140,246 1,140,246 1,140,246
TOTAL OTHER ASSETS 2,926,457 3,043,671 3,166,651 3,289,201 3,410,723 3,893,831
TOTAL ASSETS 3,520,219 3,593,829 3,826,116 3,949,367 4,204,479 4,619,805
CURRENT LIABILITIES:            
Accounts payable and accrued expenses 4,188,326 4,173,170 4,100,797 3,558,986 3,120,964 3,941,378
Due to related parties 3,196,983 2,976,724 2,938,819 2,773,356 2,261,133 1,055,840
Taxes, interest and penalties 478,284 378,284   378,284 378,284  
Derivative liabilities 826,782 108,742 381,396 577,241 1,302,543 1,868,439
Notes payable 2,230,786 1,503,006 1,150,979 1,121,302 1,270,764 2,883,264
TOTAL CURRENT LIABILITIES 10,921,161 9,139,926 8,571,991 8,409,169 8,333,688 9,748,921
TOTAL LIABILITIES 10,921,161 9,139,926 8,571,991 8,409,169 8,333,688 9,748,921
STOCKHOLDERS' DEFICIT            
Common stock, $.001 par value, 600,000,000 shares authorized; 465,886,577, 434,427,531 and 298,097,334 shares issued and outstanding as of December 31, 2017, December 31, 2016 and December 31, 2015, respectively 465,887 458,150 449,992 443,127 434,428 298,096
Capital in excess of par value 25,299,959 25,592,465 25,196,355 24,802,397 24,395,983 19,265,220
Accumulated deficit (33,876,475) (32,388,036) (31,334,231) (30,495,138) (29,810,180) (25,260,274)
Accumulated other comprehensive income (loss) (31,738) 45,754 18,020 37,443 94,301 30,275
TOTAL 5BARz STOCKHOLDERS' DEFICIT (8,142,267) (6,291,667) (5,669,864) (5,212,171) (4,885,468) (5,666,683)
Non-controlling interest 741,425 745,570 748,989 752,370 756,259 537,567
TOTAL STOCKHOLDERS' (DEFICIT) EQUITY (7,400,942) (5,546,097) (4,920,875) (4,459,801) (4,129,209) (5,129,116)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 3,520,219 $ 3,593,829 $ 3,826,116 $ 3,949,367 $ 4,204,479 $ 4,619,805