v3.19.1

Interim Consolidated Balance Sheets - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Current assets
Cash	$ 1,477,480	$ 1,309,052
Amounts receivable, net	308,431	499,842
Inventory	8,467	422,111
Sales tax recoverable	56,458	67,153
Security deposits	9,883	9,673
Prepaid expense	73,491	48,904
Total current assets	1,934,210	2,356,735
Fixed assets
Fixed assets, net of deprecation	103,590	94,398
Total assets	2,037,800	2,451,133
Current liabilities
Accounts payable and accrued expenses	149,543	97,762
Customer deposits	14,943	587,276
Warranty provision	40,949	27,222
Income taxes payable	372,691	372,691
Obligation under capital lease
Total current liabilities	578,126	1,084,951
Deferred income taxes	21,084	21,084
Total liabilities	599,210	1,106,035
COMMITMENTS AND CONTINGENCIES - Note 8
STOCKHOLDERS' EQUITY
Common Stock 500,000,000 shares authorized with a par value of $0.001, 54,296,641 issued and outstanding (December 31, 2018- 54,296,641 common shares)	54,296	54,296
Additional paid in capital	58,354	58,354
Accumulated other comprehensive loss	(465,264)	(510,687)
Retained earnings	1,790,204	1,742,136
Total stockholders' equity	1,438,590	1,345,099
Total liabilities and stockholders' equity	2,037,800	2,451,133
Series A Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Preferred Stock 50,000,000 shares authorized with a par value of $0.001; Series A - 100 designated, none outstanding Series B - 49,999,900 designated, 1,000,000 issued and outstanding (December 31, 2018 - 1,000,000)
Total stockholders' equity
Series B Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Preferred Stock 50,000,000 shares authorized with a par value of $0.001; Series A - 100 designated, none outstanding Series B - 49,999,900 designated, 1,000,000 issued and outstanding (December 31, 2018 - 1,000,000)	1,000	1,000
Total stockholders' equity	$ 1,000	$ 1,000

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Novus Robotics Inc. 10-Q