v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash $ 3,093,733 $ 3,520,753
Finance receivables:    
Original product - net (Note 3) 329,770 425,012
Special product - New Neighbor Guaranty program, net of allowance for credit losses of (Note 4) 157,169 237,043
Prepaid expenses and other assets 112,767 155,420
Due from related party (Note 5)   25,507
Fixed assets, net (Note 1) 30,328 33,818
Real estate assets owned (Note 1) 46,533 122,604
Operating lease - right of use assets (Note 8) 21,833  
Other investments (Note 1)   1,507,375
Goodwill (Note 2) 5,689,586  
Other Assets 42,036 32,036
Total assets 9,523,755 6,059,568
LIABILITIES AND STOCKHOLDERS' EQUITY    
Note payable 660,793 42,875
Related party convertible note payable 3,461,782  
Due from related party (Note 5) 6,888  
Operating lease liability (Note 8) 22,259  
Accounts payable and accrued expenses 359,160 188,354
Tax liability 14,226  
Other liabilities and obligations 68,268 19,690
Total liabilities 4,593,376 250,919
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 June 30, 2019 and December 31, 2018, respectively 3,134 3,125
Additional paid-in capital 17,324,650 17,295,408
Accumulated deficit (12,397,405) (11,489,884)
Total stockholders’ equity 4,930,379 5,808,649
Total liabilities and stockholders’ equity $ 9,523,755 $ 6,059,568

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