v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash $ 3,378,783 $ 3,520,753
Finance receivables:    
Original product - net (Note 3) 385,058 425,012
Special product - New Neighbor Guaranty program, net of allowance for credit losses of (Note 4) 245,255 237,043
Prepaid expenses and other assets 169,366 155,420
Due from related party (Note 5)   25,507
Fixed assets, net (Note 1) 40,659 33,818
Real estate assets owned (Note 1) 52,977 122,604
Operating lease - right of use assets (Note 8) 24,259  
Other investments (Note 1)   1,507,375
Goodwill (Note 2) 5,809,786  
Other Assets 32,036 32,036
Total assets 10,138,179 6,059,568
LIABILITIES AND STOCKHOLDERS' EQUITY    
Note payable 700,876 42,875
Related party convertible note payable 3,581,982  
Operating lease liability (Note 8) 24,494  
Accounts payable and accrued expenses 301,066 188,354
Due to related party (Note 5) 62,150  
Tax liability 28,426  
Other liabilities and obligations 61,734 19,690
Total liabilities 4,760,728 250,919
Stockholders’ equity:    
Common stock, par value $.001; 30,000,000 shares authorized; 3,134,261 and 3,124,961 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 3,134 3,125
Additional paid-in capital 17,321,219 17,295,408
Accumulated deficit (11,946,902) (11,489,884)
Total stockholders’ equity 5,377,451 5,808,649
Total liabilities and stockholders’ equity $ 10,138,179 $ 6,059,568

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