BBHC (TRNX) 10-K 12 Apr 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Apr. 08, 2019	Jun. 29, 2018
Document And Entity Information
Entity Registrant Name	TARONIS TECHNOLOGIES, INC.
Entity Central Index Key	0001353487
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 8,087,337
Entity Common Stock, Shares Outstanding		24,287,188
Trading Symbol	TRNX
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash	$ 1,598,737	$ 586,824
Accounts receivable, net of allowance for doubtful accounts of $418,997 and $101,063, respectively	1,394,681	389,652
Inventory	2,921,500	1,601,899
Prepaid and other current assets	331,822	198,056
Total Current Assets	6,246,740	2,776,431
Property and equipment, net of accumulated depreciation of $2,683,298 and $2,032,265, respectively	9,686,103	6,002,440
Deposits on acquisition	550,000	325,000
Intangible assets, net of accumulated amortization of $824,150 and $457,171, respectively	3,378,764	412,331
Restricted deposit	806,466
Security deposits	227,125	27,127
Goodwill	6,690,724	2,108,781
Total Assets	27,585,922	11,652,110
Current Liabilities
Accounts payable	2,600,706	1,716,661
Accrued expenses	755,455	909,562
Deferred revenue and customer deposits		44,095
Capital leases, current	90,303	27,460
Note payable, net of debt discount of $0 and $13,043, respectively	94,008	451,754
Promissory notes payable - related party		100,000
Total Current Liabilities	3,540,472	3,249,532
Long Term Liabilities
Note payable	601,582	520,000
Capital leases, net of current	203,294	63,839
Total Liabilities	4,345,348	3,833,371
Commitments and Contingencies
Stockholders' Equity
Common stock: $0.001 par; 190,000,000 shares authorized; 7,732,815 shares issued and outstanding at December 31, 2018 and 89,143 shares issued and outstanding at December 31, 2017	7,732	89
Additional paid-in-capital	102,802,553	71,854,568
Accumulated deficit	(79,619,711)	(64,582,868)
Total Stockholders' Equity	23,190,574	7,272,789
Total Liabilities, Temporary Equity and Stockholders' Equity	27,585,922	11,652,110
Series C Preferred Stock [Member]
Temporary Equity
Temporary equity, preferred stock		115,000
Series E Preferred Stock [Member]
Temporary Equity
Temporary equity, preferred stock	50,000	430,950
Series F Preferred Stock [Member]
Temporary Equity
Temporary equity, preferred stock
Series A Preferred Stock [Member]
Stockholders' Equity
Preferred stock: $0.001 par; 10,000,000 shares authorized		1,000
Series B Preferred Stock [Member]
Stockholders' Equity
Preferred stock: $0.001 par; 10,000,000 shares authorized

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Allowance for doubtful accounts	$ 418,997	$ 101,063
Accumulated depreciation and amortization of property and equipment	2,683,298	2,032,265
Accumulated amortization of intangible assets	824,150	457,171
Debt discount of note payable	$ 0	$ 13,043
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	190,000,000	190,000,000
Common stock, shares issued	7,732,815	89,143
Common stock, shares outstanding	7,732,815	89,143
Series C Preferred Stock [Member]
Temporary equity, shares authorized	25,000	25,000
Temporary equity, shares issued	0
Temporary equity, shares outstanding	115
Series E Preferred Stock [Member]
Temporary equity, shares authorized	455,882	455,882
Temporary equity, shares issued	36,765
Temporary equity, shares outstanding	316,875
Temporary equity, liquidation preference	$ 57,500
Series F Preferred Stock [Member]
Temporary equity, shares authorized	817,670	817,670
Temporary equity, shares issued	0
Temporary equity, shares outstanding	0
Series A Preferred Stock [Member]
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	1,000,000
Preferred stock, shares outstanding	0	1,000,000
Series B Preferred Stock [Member]
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Preferred stock, shares available for designation	2,700	2,700

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue:
Cost of Revenues	$ 5,626,483	$ 2,216,773
Gross Profit	4,086,700	1,502,679
Operating Expenses:
Selling, general and administration	17,989,065	12,427,297
Research and development	11,032	171,651
Gain on sale and disposal of property and equipment	(15,074)	(50,180)
Depreciation and amortization	1,063,953	673,062
Total Operating Expenses	19,048,976	13,221,830
Operating Loss	(14,962,276)	(11,719,151)
Other Income and (Expense):
Interest	(179,112)	(14,684)
Accretion of debt discount	(183,579)	(1,030,372)
Other (expense) income	288,124	(1,778)
Extinguishment of debt		(513,725)
Change in fair value of derivative liability		2,255,322
Total Other Income (Expense)	(74,567)	694,763
Net Loss	(15,036,843)	(11,024,388)
Deemed dividend	4,282,300	4,974,182
Net loss attributable to common shareholders	$ (19,319,143)	$ (15,998,570)
Net loss per share: Basic and Diluted	$ (7.75)	$ (444.46)
Weighted average common shares: Basic and Diluted	2,491,435	35,996
Sales Revenue [Member]
Revenue:
Revenue	$ 9,713,183	$ 3,719,452

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Series A Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated (Deficit) [Member]	Total
Balance at Dec. 31, 2016	$ 1,000	$ 19	$ 57,386,026	$ (53,558,480)	$ 3,828,565
Balance, shares at Dec. 31, 2016	1,000,000	19,347
Common shares issued for services		$ 10	2,971,455		2,971,465
Common shares issued for services, shares		10,183
Board of directors fees paid in common stock		$ 2	209,700		209,702
Board of directors fees paid in common stock, shares		2,333
Issuance of common stock and series B preferred stock in accordance with debt extinguishment		$ 0	5,652,500		5,652,500
Issuance of common stock and series B preferred stock in accordance with debt extinguishment, shares		333
Conversion of series B preferred stock into common stock		$ 3	(3)
Conversion of series B preferred stock into common stock, shares		3,000
Conversion of Series C preferred stock into common stock		$ 32	3,412,968		3,413,000
Conversion of Series C preferred stock into common stock, shares		31,724
Conversion of Series D preferred stock into common stock		$ 6	694,416		694,422
Conversion of Series D preferred stock into common stock, shares		6,005
Conversion of Series E preferred stock into common stock		$ 2	189,047		189,049
Conversion of Series E preferred stock into common stock, shares		1,801
Amortization of stock based compensation			425,492		425,492
Common shares issued for the exercise of warrants		$ 0	7,937		7,397
Common shares issued for the exercise of warrants, shares		265
Conversion of notes into shares of common stock		$ 8	856,992		857,000
Conversion of notes into shares of common stock, shares		7,652
Reclassification of derivative liability to equity			427,568		427,568
Stock issuance costs			(745,367)		(745,367)
Deemed Dividend			(457,801)		(457,801)
Loss on settlement of vendor liability		$ 667	59,915		59,916
Loss on settlement of vendor liability, shares		1
Loss on settlement of debt		$ 5,333	631,964		631,969
Loss on settlement of debt, shares		5
Net loss				(11,024,388)	(11,024,388)
Balance at Dec. 31, 2017	$ 1,000	$ 89	71,854,568	(64,582,868)	7,272,789
Balance, shares at Dec. 31, 2017	1,000,000	89,143
Common shares issued for services		$ 279	3,115,979		3,116,258
Common shares issued for services, shares		278,645
Conversion of Series C preferred stock into common stock		$ 4,538	2,207,762		2,212,300
Conversion of Series C preferred stock into common stock, shares		4,538,317
Conversion of Series E preferred stock into common stock		$ 7	380,943		380,950
Conversion of Series E preferred stock into common stock, shares		6,788
Amortization of stock based compensation			378,600		378,600
Stock issuance costs			(2,315,974)		(2,315,974)
Deemed Dividend			(2,097,300)		(2,097,300)
Common shares issued for settlement of accounts payable		$ 36	564,837		564,873
Common shares issued for settlement of accounts payable, shares		36,073
Common stock warrant issued for services			302,589		302,589
Exercise of Series C preferred stock warrants			18,875,700		18,875,700
Conversion of Series F preferred stock into common stock		$ 157	555,859		556,016
Conversion of Series F preferred stock into common stock, shares		156,605
Common shares issued for the exercise of warrants issued for services		$ 4	746		750
Common shares issued for the exercise of warrants issued for services, shares		3,750
Common shares issued for acquisition of assets		$ 48	1,259,568		1,259,616
Common shares issued for acquisition of assets, shares		48,077
Common Stock and warrants issued for Cash		$ 2,325	8,717,925		8,720,250
Common Stock and warrants issued for Cash, shares		2,325,417
Repurchase and cancellation of Series A Preferred stock	$ (1,000)	$ 250	(999,250)		(1,000,000)
Repurchase and cancellation of Series A Preferred stock, shares	(1,000,000)	250,000
Net loss				(15,036,843)	(15,036,843)
Balance at Dec. 31, 2018		$ 7,732	$ 102,802,553	$ (79,619,711)	$ 23,190,574
Balance, shares at Dec. 31, 2018		7,732,815

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash Flows from Operations
Net Loss	$ (15,036,843)	$ (11,024,388)
Adjustments to reconcile net loss to cash used in operating activities:
Depreciation and amortization	1,063,953	673,062
Accretion of debt discount	183,579	1,030,372
Stock based compensation	378,600	425,492
Common stock and warrants issued for services	3,418,847	2,971,465
Provision for slow moving spare parts		50,000
Gain on disposal of fixed assets	(15,074)	(50,180)
Gain on acquisition	(253,964)
Loss on settlement of debt		751,902
Loss on settlement of vendor liability		11,715
Deferred revenue and customer deposits	(44,095)	19,095
Extinguishment of debt		513,725
Change in fair value of derivative liability		(2,255,322)
Changes in operating assets:
Accounts receivable	113,583	52,903
Inventory	301,265	(35,966)
Prepaid and other current assets	211,541	28,249
Accounts payable	584,035	1,348,614
Accrued expenses	(299,070)	701,386
Net cash used in operating activities	(9,393,643)	(4,787,876)
Cash Flows from Investing Activities
Deposit on acquisition	(550,000)	(325,000)
Cash acquired in acquisition of businesses	208,955
Cash paid for acquisitions	(7,267,500)
Cash paid for noncompete agreements	(2,600,000)
Purchase of property and equipment	(1,737,715)	(250,252)
Purchase of intangibles	(28,716)
Security deposit	(199,998)	(491)
Proceeds from sale of assets		121,343
Net cash used in investing activities	(12,174,975)	(454,400)
Cash Flows from Financing Activities
Gross proceeds on sale of notes payable		940,000
Repurchase and cancellation of series A preferred stock	(1,000,000)
Proceeds for common stock issued	8,720,250
Capital lease payments	(44,474)	(12,038)
Notes payable repaid	(741,756)	(776,292)
Net proceeds on related party notes and advances		289,173
Repayment of related party notes	(107,500)	(7,103)
Net proceeds on issuance of series C preferred stock units, net of costs	18,875,700	3,771,013
Stock issuance costs	(2,315,974)
Cash receipts for the exercise of warrants	750	7,937
Net cash provided by financing activities	23,386,997	4,212,690
Net increase (decrease) in cash	1,818,379	(1,029,586)
Cash and restricted cash, beginning of year	586,824	1,616,410
Cash and restricted cash, end of year	2,405,203	586,824
Supplemental disclosure of cash flow information Cash paid during the year for:
Interest	186,909
Supplemental disclosures of non-cash investing and financing activities:
Reclassification of derivative liability to equity		(427,568)
Issuance of common stock and series B preferred stock in conjunction with debt extinguishment		5,652,500
Conversion from note payable to convertible note payable		500,000
Common shares issued for settlement of accounts payable	564,873	857,000
Conversion of Series C preferred stock into shares of common stock	2,212,300
Conversion of Series E preferred stock into shares of common stock	380,950
Conversion of Series F preferred stock into shares of common stock	556,016
Fair value of common stock issued in Green Arc Supply acquisition	1,259,616
Deemed dividend in connection with the issuance of Series C Preferred stock	(2,097,300)
NG Enterprises Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	916,220
Liabilities assumed	(148,720)
Green Arc Supply, L.L.C. [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	2,667,589
Liabilities assumed	(154,009)
Trico Welding Supplies, Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	3,612,075
Liabilities assumed	(1,612,075)
Paris Oxygen Company [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	1,340,202
Liabilities assumed	(90,202)
Latex Welding Supply, Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	1,526,491
Liabilities assumed	(26,491)
United Welding Specialties of Longview, Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	815,291
Liabilities assumed	$ (65,291)

Organization and Description of

Organization and Description of Business	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Organization and Description of Business	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Taronis Technologies, Inc. (the “Company”) was organized in the State of Delaware on December 9, 2005. On January 31, 2019, with the filing of a Certificate of Amendment to the Certificate of Incorporation with the Deleware Secretary of State to effect a name change to “Taronis Technologies, Inc.” The Company is a technology-based company that is focused on addressing the global constraints on natural resources, including fuel and water. The Company has two core technology applications – renewable fuel gasification and water decontamination/sterilization which are derived from the Company’s Plasma Arc Flow System technology. The Company has operating facilities in the following states: Florida, Louisiana, Texas and California. On May 18, 2017, the Company filed an amendment to the Certificate of Incorporation to effect a one-for-ten reverse split of the Company’s issued and outstanding common stock which was effectuated on May 19, 2017. On January 16, 2018, the Company filed an amendment to the Certificate of Incorporation to effect a one-for-fifteen reverse split of the Company’s issued and outstanding common stock which was effectuated on January 16, 2018. On January 30, 2019, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Delaware Secretary of State to effect a one-for-twenty reverse split of the issued and outstanding common stock. The consolidated financial statements and accompanying notes give effect to the reverse stock split as if they occurred at the first period presented. These reverse stock splits did not modify the rights or preferences of the common stock. Proportional adjustments have been made to the conversion and exercise prices of our outstanding common stock warrants, convertible notes, and common stock options. The number of common stock shares issuable under our equity compensation plan was not affected by the 2019 Reverse Stock Split. All share and per share amounts for the common stock have been retroactively restated to give effect to the reverse splits.

Going Concern and Managements'

Going Concern and Managements' Plan	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern and Managements' Plan	NOTE 2 - GOING CONCERN AND MANAGEMENTS’ PLAN As of December 31, 2018, the Company had cash of $1,598,737 and has reported a net loss of $15,036,843 and has used cash in operations of $9,393,643 for the year ended December 31, 2018. In addition, as of December 31, 2018 the Company has a working capital surplus of $2,706,268 and an accumulated deficit of $79,619,711. The Company utilizes cash in its operations of approximately $785,000 per month. These conditions indicate that there is substantial doubt about the Company’s ability to continue as a going concern within one year from the issuance date of the financial statements. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering. Historically, the Company has financed its operations through equity and debt financing transactions and believes it will continue incurring operating losses for the foreseeable future. The Company’s plans and expectations for the next 12 months include raising additional capital to help fund expansion of its commercial operations, including product development. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset amounts or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern. If these sources do not provide the capital necessary to fund the Company’s operations during the next twelve months from the date of this report, the Company may need to curtail certain aspects of its operations or expansion activities, consider the sale of its assets, or consider other means of financing. The Company can give no assurance that it will be successful in implementing its business plan and obtaining financing on terms advantageous to the Company or that any such additional financing would be available to the Company. These consolidated financial statements do not include any adjustments from this uncertainty. The Company’s management has determined the above factors regarding its liquidity raise substantial doubt about the Company’s ability to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The Company prepares its financial statements in conformity with U.S. GAAP. These principles require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that these estimates are reasonable; however, actual results could differ from those estimates. The consolidated financial statements presented include intangible assets, goodwill, fair value of assets and liabilities related to acquisitions, recoverability of deferred tax assets, collections of its receivables and the useful life of property, plant and equipment. Business Combinations The Company accounts for business combinations under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 805 “Business Combinations” using the acquisition method of accounting, and accordingly, the assets and liabilities of the acquired business are recorded at their fair values at the date of acquisition. The excess of the purchase price over the estimated fair value is recorded as goodwill. All acquisition costs are expensed as incurred. Upon acquisition, the accounts and results of operations are consolidated as of and subsequent to the acquisition date. Concentrations of Credit Risk Financial instruments that subject the Company to credit risk consist principally of trade accounts receivable and cash. The Company performs certain credit evaluation procedures and does not require collateral for financial instruments subject to credit risk. The Company believes that credit risk is limited because the Company routinely assesses the financial strength of its customers and, based upon factors surrounding the credit risk of its customers, establishes an allowance for uncollectible accounts and, consequently, believes that its accounts receivable credit risk exposure beyond such allowances is limited. The Company maintains cash deposits with financial institutions which are insured by the Federal Deposit Insurance Corporation (“FDIC”), which, from time to time, may exceed federally insured limits. Cash is also maintained at foreign financial institutions. Cash in foreign financial institutions as of December 31, 2018 was $806,466. The Company has not experienced any losses and believes it is not exposed to significant credit risk from cash. Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents consist of cash, checking accounts, money market accounts and temporary investments with original maturities of three months or less when purchased. As of December 31, 2018, and 2017 the Company had no cash equivalents. Restricted cash consists of cash deposited with a financial institution for $806,466. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets that sum to the total of the same amounts show in the statement of cash flows. December 31, 2018 2017 Cash 1,598,737 586,824 Restricted deposits 806,466 - Total cash, cash equivalents and restricted cash in the balance sheet 2,405,203 586,824 Accounts Receivable Accounts receivable consist of amounts due for the delivery of MagneGas sales to customers with payment terms of generally 30 days. An allowance for doubtful accounts is established for any amounts that may not be recoverable, which is based on an analysis of the Company’s customer credit worthiness, historical estimates, and current economic trends. Receivables are determined to be past due, based on payment terms of original invoices. The Company does not typically charge interest on past due receivables. The allowance for doubtful accounts was $418,997 and $101,063 as of December 31, 2018 and 2017, respectively. Inventory Inventory is stated at the lower of cost or net realizable value. Cost is determined using the first-in, first-out method. Inventory is comprised of hard goods and gases; consumables used in the production of gas, regulators and tips and work in process. Estimates of lower of cost or net realizable value are based upon economic conditions, historical sales quantities and patterns, and in some cases, the specific risk of loss on specifically identified inventories. The Company evaluates inventories on a regular basis to identify inventory on hand that may be slow moving. Property and equipment, net Property and equipment are stated at cost net of accumulated depreciation using the straight–line method at rates sufficient to charge the cost of depreciable assets to operations over their estimated useful lives, which range from three to thirty-nine and a half years. Leasehold improvements are amortized over the lesser of (a) the useful life of the asset; or (b) the remaining lease term. Expenditures for maintenance and repairs, which do not extend the economic useful life of the related assets, are charged to operations as incurred, and expenditures which extend the economic life are capitalized. When assets are retired, or otherwise disposed of, the costs and related accumulated depreciation or amortization are removed from the accounts and any gain or loss on disposal is recognized. Impairment of Long-Lived Assets The Company assesses the recoverability of its long-lived assets, including property and equipment, when there are indications that the assets might be impaired. When evaluating assets for potential impairment, the Company compares the carrying value of the asset to its estimated undiscounted future cash flows. If an asset’s carrying value exceeds such estimated undiscounted cash flows, the Company records an impairment charge for the difference between the carrying amount of the asset and its fair value. Based on its assessments, the Company did not record any impairment charges for the year ended December 31, 2018 and 2017. Intangible assets, net The Company’s recorded intangible assets consist of intellectual property, non-compete agreements and customer relationships. Applicable long–lived assets are amortized or depreciated over the shorter of their estimated useful lives, the estimated period that the assets will generate revenue, or the statutory or contractual term. Estimates of useful lives and periods of expected revenue generation are reviewed periodically for appropriateness and are based upon management’s judgment. Intellectual property is amortized on the straight-line method over their useful lives of 15 years, customer relationships are amortized on the straight-line method over their useful lives of 10 years and non-compete agreements are amortized on the straight-line method over the length of the agreements which can range from 1 year to 10 years. Goodwill and Other Indefinite-lived Assets The Company records goodwill and other indefinite-lived assets in connection with business combinations. Goodwill, which represents the excess of acquisition cost over the fair value of the net tangible and intangible assets of acquired companies, is not amortized. Indefinite-lived assets are stated at fair value as of the date acquired in a business combination. The Company assesses the recoverability of goodwill and certain indefinite-lived intangible assets annually in the fourth quarter and between annual tests if an event occurs or circumstances change that would indicate the carrying amount may be impaired. Impairment testing for goodwill is done at a reporting unit level. Under Financial Accounting Standards Board (“FASB”) guidance for goodwill and intangible assets, a reporting unit is defined as an operating segment or one level below the operating segment, called a component. However, two or more components of an operating segment will be aggregated and deemed a single reporting unit if the components have similar economic characteristics. The Company operates as one reporting unit. Authoritative accounting guidance allows the Company to first assess qualitative factors to determine whether it is necessary to perform the more detailed two-step quantitative goodwill impairment test. The Company performs the quantitative test if its qualitative assessment determined it is more likely than not that a reporting unit’s fair value is less than its carrying amount. The Company may elect to bypass the qualitative assessment and proceed directly to the quantitative test for any reporting unit or asset. The quantitative goodwill impairment test, if necessary, is a two-step process. The first step is to identify the existence of a potential impairment by comparing the fair value of a reporting unit (the estimated fair value of a reporting unit is calculated using a discounted cash flow model) with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, the reporting unit’s goodwill is considered not to be impaired and performance of the second step of the quantitative goodwill impairment test is unnecessary. However, if the carrying amount of a reporting unit exceeds its fair value, the second step of the quantitative goodwill impairment test is performed to measure the amount of impairment loss to be recorded, if any. The second step of the quantitative goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds its implied fair value, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined using the same approach as employed when determining the amount of goodwill that would be recognized in a business combination. That is, the fair value of the reporting unit is allocated to all of its assets and liabilities as if the reporting unit had been acquired in a business combination and the fair value was the purchase price paid to acquire the reporting unit. For the year ended December 31, 2018, annual goodwill and certain indefinite-lived intangible assets impairment tests, the Company elected to bypass the qualitative assessment and proceeded directly to the quantitative analysis using the market price of the stock and determined that no impairment was deemed to exist as of December 31, 2018. Revenue Recognition Effective January 1, 2018, the Company adopted ASC Topic 606, Revenue from Contracts with Customers ("ASC Topic 606"). The new revenue recognition guidance requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance requires an entity to follow a five-step model to (a) identify the contract(s) with a customer, (b) identify the performance obligations in the contract, (c) determine the transaction price, (d) allocate the transaction price to the performance obligations in the contract, and (e) recognize revenue when (or as) the entity satisfies a performance obligation. In determining the transaction price, an entity may include variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized would not occur when the uncertainty associated with the variable consideration is resolved. Revenues under Topic 606 are required to be recognized either at a “point in time” or “over time”, depending on the facts and circumstances of the arrangement, and will be evaluated using a five-step model. The adoption of Topic 606 did not have a material impact on the financial statements, either at initial implementation nor will it have a material impact on an ongoing basis. The Company principally generates revenue through three operating streams: (1) the sale of MagneGas fuel for metal cutting and through the sales of other industrial and specialty gases and related products through the Company’s wholly owned subsidiaries, (2) by providing consulting services and (3) through the sales of the Plasma Arc Flow Systems. The Company’s revenue recognition policy for the year ended December 31, 2018 is as follows: ● Revenue for metal-working fuel, industrial gases and welding supplies is recognized when performance obligations of the sale are satisfied. The majority of the Company’s terms of sale have a single performance obligation to transfer products. Accordingly, the Company recognizes revenue when control has been transferred to the customer, generally at the time of shipment of products. Under the previous revenue recognition accounting standard, the Company recognized revenue upon transfer of title and risk of loss, generally upon the delivery of goods. ● Consulting Services are earned through various arrangements. The Company applies the five-step process outlined in ASC 606 when recognizing revenue with regards to the consulting services: ○ The Company enters into a written consulting agreement with a customer to provide professional services and has an enforceable right to payment for its performance completed to date; ○ All of the promised services are identified to determine whether those services represent performance obligations; ○ In consideration for the services to be rendered, the Company expects to receive incremental payments during the term of the agreement; ○ Payments are estimated for each performance obligation and allocated in accordance with payment terms; and ○ The nature of the consulting services is such that the customer will receive benefits of the Company’s performance only when the customer receives the professional services. Consequently, the entity recognizes revenue over time by measuring the progress toward complete satisfaction of the performance obligation. ● Plasma Arc Flow Units Revenue generated from sales of each unit is recognized upon delivery and completion of the performance obiligation. Significant deposits are required before production commences. These deposits are classified as customer deposits. Contract Balances The timing of revenue recognition may differ from the timing of payment by customers. The Company records a receivable when revenue is recognized prior to payment and there is an unconditional right to payment. Alternatively, when payment precedes the provision of the related services, the Company records deferred revenue until the performance obligations are satisfied. The Company had deferred revenue of approximately $0 as of December 31, 2018. The Company expects to satisfy its remaining performance obligations for these services and recognize the deferred revenue and related contract costs over the next twelve months. The following table represents external net sales disaggregated by product category for the year ended December 31,: 2018 2017 Gas sold $ 5,979,409 $ 3,123,033 Equipment rentals 1,491,220 504,096 Equipment sales 1,992,120 - Other 250,434 92,323 Total Revenues from Customers 9,713,183 3,719,452 The Company also enters into sales transactions whereby customer orders contain multiple deliverables and reports its multiple deliverable arrangements under ASC 605-25 “Revenue Arrangements with Multiple Deliverables” (“ASC-605-25”). These multiple deliverable arrangements primarily consist of the following deliverables: the Company’s Plasma Arc Flow units, design, configuration, installation and training services. In situations where the Company bundles all or a portion of the separate elements, Vendor Specific Objective Evidence (“VSOE”) is determined based on prices when sold separately. For the years ended December 31, 2018 and 2017, multiple deliverable arrangements were immaterial. Preferred Stock The Company applies the accounting standards for distinguishing liabilities from equity under U.S. GAAP when determining the classification and measurement of its Preferred stock. Preferred shares subject to mandatory redemption are classified as liability instruments and are measured at fair value. Conditionally redeemable preferred shares (including preferred shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, preferred shares are classified as permanent equity. Advertising Costs The costs of advertising are expensed as incurred. Advertising expenses are included in the Company’s operating expenses. Advertising expense was $76,286 and $4,218 for the years ended December 31, 2018 and 2017, respectively. Research and Development The Company expenses research and development costs when incurred. Research and development costs include engineering and laboratory testing of products and outputs. Research and development expense was $11,032 and $171,651 for the years ended December 31, 2018 and 2017, respectively. Stock-Based Compensation The Company accounts for stock-based compensation costs under the provisions of Accounting Standards Codification 718, “Compensation—Stock Compensation” (“ASC 718”), which requires the measurement and recognition of compensation expense related to the fair value of stock-based compensation awards that are ultimately expected to vest. Stock based compensation expense recognized includes the compensation cost for all stock-based payments granted to employees, officers, and directors based on the grant date fair value estimated in accordance with the provisions of ASC 718. ASC 718 is also applied to awards modified, repurchased, or canceled during the periods reported. The Company incurred stock-based compensation charges, net of estimated forfeitures of $161,600 and $425,492 for the years ended December 31, 2018 and 2017, respectively and has included such amounts in selling, general and administrative expenses in the consolidated statement of operations. Stock-Based Compensation for Non-Employees The Company accounts for warrants and options issued to non-employees under Accounting Standards Codification 505-50, “Equity – Equity Based Payments to Non-Employees”, using the Black-Scholes option-pricing model. The value of such non-employee awards unvested are re-measured over the vesting terms at each reporting date. Warranty Liabilities The Company accrues an estimate of their exposure to warranty claims based on both current and historical product sales data and warranty costs incurred. The majority of the Company’s products carry a 1-year parts and labor warranty. Additional components carry a warranty from their own manufacturers. All such warranty details will be passed from Manufacturer to Buyer on or before delivery. The Company assesses the adequacy of their recorded warranty liability annually and adjusts the amount as necessary. As of December 31, 2018, and 2017, the accrued warranty liability was deemed to be immaterial. Deferred Rent Expense The Company has operating leases, which contain predetermined increases and rent holidays in the rentals payable during the term of such leases. For these leases, the aggregate rental expense over the lease term is recognized on a straight-line basis over the lease term. The difference between the expense charged to operations in any year and the amount payable under the lease during that year is recorded as deferred rent expense on the Company’s consolidated balance sheet, which will reverse to the statement of operations over the lease term. Income Taxes The Company accounts for income taxes under the liability method. Deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purpose, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized. The Company is subject to examination by U.S. tax authorities beginning with December 31, 2014. Basic and Diluted Net (Loss) per Common Share Basic (loss) per common share is computed by dividing the net (loss) by the weighted average number of shares of common stock outstanding for each period. Diluted (loss) per share is computed by dividing the net (loss) by the weighted average number of shares of common stock outstanding plus the dilutive effect of shares issuable through the common stock equivalents. As of December 31, 2018, and 2017 the Company’s common stock equivalents outstanding were as follows: December 31, 2018 2017 Options 11,553 767 Common Stock Warrants 2,336,528 11,111 Convertible preferred stock 13,512 7,395 Total common stock equivalents outstanding 2,361,593 19,273 Reclassification Certain accounts in the prior year’s consolidated financial statements have been reclassified for comparative purposes to conform to the presentation in the current year’s consolidated financial statements. These reclassifications have no effect on previously reported earnings. Subsequent Events The Company evaluates events that have occurred after the balance sheet date, but prior to the date the financial statements are issued. Based upon the evaluation, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the consolidated financial statements, except as disclosed in Note 16. Recent Accounting Standards In February 2016, the FASB issued authoritative guidance under ASU 2016-02, Leases (Topic 842). ASU 2016-02 provides new comprehensive lease accounting guidance that supersedes existing lease guidance. Upon adoption of ASU 2016-02, the Company will be required to recognize most leases on its balance sheet at the beginning of the earliest comparative period presented with a corresponding adjustment to stockholders’ equity. ASU 2016-02 requires the Company to capitalize most current operating lease obligations as right-of-use assets with a corresponding liability based on the present value of future operating lease obligations. Criteria for distinguishing leases between finance and operating are substantially similar to criteria for distinguishing between capital leases and operating leases in existing lease guidance. Lease agreements that are 12 months or less are permitted to be excluded from the balance sheet. Topic 842 includes a number of optional practical expedients that the Company may elect to apply. Expanded disclosures with additional qualitative and quantitative information will also be required. The adoption will include updates as provided under ASU 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842 and ASU 2018-10, Codification Improvements to Topic 842, Leases. The Company is required to adopt this new guidance on January 1, 2019. The Company is currently evaluating the potential impact of adoption of this standard on its consolidated financial statements and the additional transition method under ASU 2018-11, which allows the Company to recognize Topic 842’s cumulative effect within retained earnings in the period of adoption. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230)” In June 2018, the FASB issued ASU No. 2018-07, Compensation — Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-13, Fair Value Measurement. ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, or adding certain disclosures. The amendments in ASU 2018-13 will be effective for fiscal years beginning after December 15, 2019. Early adoption is permitted. An entity is permitted to early adopt any removed or modified disclosures upon issuance of ASU No. 2018-13 and delay adoption of the additional disclosures until their effective date. The Company is currently evaluating the potential impact of adopting this guidance on its consolidated financial statements.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Acquisitions	NOTE 4 – ACQUISITIONS January 2018 Asset Purchase: On January 19, 2018, the Company entered into an Amended and Restated Asset Purchase Agreement (“Amended Asset Purchase Agreement”) with GGNG Enterprises Inc. (formerly known as NG Enterprises, Inc.) and Guillermo Gallardo (collectively, the “Seller”) and closed the purchase of certain assets related to the Seller’s welding supply and gas distribution business in San Diego, California. The total purchase price for the Purchased Assets was $767,500. $22,500 was paid as a business broker commission and is included in goodwill. Upon consummation of the closing, on January 19, 2018, the Company commenced business operations in San Diego, California through its wholly owned subsidiary NG Enterprises Acquisition, LLC and is doing business as “Complete Welding San Diego”. The allocation of the consideration transferred is as follows: Cash $ 767,500 Total purchase price $ 767,500 Accounts receivable $ 44,349 Inventory 150,000 Cylinders 325,000 Trucks 10,000 Accounts payable assumed (148,720 ) Total purchase price allocation $ 380,629 Goodwill $ 386,871 February 2018 Asset Purchase: On February 16, 2018, the Company entered into an Asset Purchase Agreement (“Asset Purchase Agreement”) with Green Arc Supply, L.L.C. (the “Seller”) and closed the purchase of certain assets related to the Seller’s welding supply and gas distribution business located in Louisiana and Texas. The total purchase price for the purchased assets and assumed liabilities was $2,259,616, which was comprised of a $1,000,000 cash payment and the issuance of 961,539 shares of restricted common stock having a fair value of $1,259,616. The Company recognized a gain on acquisition due to the total assets purchased being greater than the total purchase price. The Seller undervalued total assets due primarily to accounting errors. The gain on acquisition was recorded as other income on the income statement. The Asset Purchase Agreement also included certain conditional and bonus payments to the Seller, subject to certain performance criteria being met, as well as other terms and conditions which are typical in asset purchase agreements. Further, in conjunction with the Asset Purchase Agreement, the Company entered into four (4) Assignment, Assumption and Amendment to Lease Agreements (each a “Lease Assumption Agreement”) with the Seller and the landlords of certain real property leased by the Seller for the operation of the Seller’s business locations in Louisiana and Texas. Upon consummation of the closing, the Company commenced operations in Texas and Louisiana through its wholly owned subsidiary MWS Green Arc Acquisition, LLC and is doing business as “Green Arc Supply”. The allocation of the consideration transferred is as follows: Cash $ 1,000,000 Shares issued in connection with acquisition 1,259,616 Total purchase price $ 2,259,616 Cash $ 15,749 Accounts receivable 252,116 Inventory 652,336 Cylinders 695,892 Trucks 282,056 Fixed assets 769,440 Accounts payable assumed (154,009 ) Total purchase price allocation $ 2,513,580 Gain on acquisition $ (253,964 ) April 2018 Stock Purchase: On April 3, 2018, Taronis Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreement (“SPA”) with Robert Baker, Joseph Knieriem (collectively, the “Sellers”) and Trico Welding Supplies, Inc., a California corporation (“Trico”) for the purchase of all of the issued and outstanding capital stock of Trico by the Company. Under the terms of the SPA, the Company purchased one hundred percent (100%) of Trico’s issued and outstanding capital stock for the gross purchase price of $2,000,000 (“Trico Stock”). $547,810 was paid as consulting fees and is included in operating expenses in the income statement. The SPA included certain other terms and conditions which are typical in securities purchase agreements. On March 21, 2018, the Company made an initial non-refundable deposit for the purchase of the Trico Stock. Upon execution of the SPA, the Company funded the remaining $1,000,000 balance due. Effective at closing, the Company commenced business operations in northern California through its new wholly owned subsidiary Trico Welding Supplies, Inc. The allocation of the consideration transferred is as follows: Cash $ 2,000,000 Total purchase price $ 2,000,000 Cash $ 71,742 Accounts receivable 487,951 Inventory 440,786 Customer relationships 468,000 Cylinders and trucks 297,792 Accounts payable assumed (985,755 ) Notes payable assumed (282,013 ) Capital leases (227,308 ) Deferred tax liability (117,000 ) Total purchase price allocation $ 154,195 Goodwill $ 1,845,805 October 2018 Stock Purchase: On October 17, 2018, Taronis Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreement (“SPA”) with Ronald Ruyle, Charlotte Ruyle, Jered Ruyle and Janson Ruyle (collectively, the “Sellers”) and Paris Oxygen Company, a Texas corporation (“Paris”) for the purchase of all of the issued and outstanding capital stock of Paris by the Company. Under the terms of the SPA, the Company purchased one hundred percent (100%) of Paris’ issued and outstanding capital stock for the gross purchase price of $1,250,000 (“Paris Stock”). $3,000 was paid as legal fees and is included in operating expenses in the income statement. The SPA included certain other terms and conditions which are typical in securities purchase agreements. Effective at closing, the Company commenced business operations in Texas through its new wholly owned subsidiary Paris Oxygen Company and is doing business as “Tyler Welders Supply”. The preliminary allocation of the consideration transferred is as follows: Cash $ 1,250,000 Total purchase price $ 1,250,000 Cash $ 43,133 Accounts receivable 106,516 Inventory 149,029 Trucks 105,691 Customer relationships 173,475 Accounts payable assumed (53,772 ) Deferred tax liability (36,430 ) Total purchase price allocation $ 487,643 Goodwill $ 762,357 October 2018 Stock Purchase: On October 22, 2018, Taronis Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreement (“SPA”) with Melvin E. Ruyle (collectively, the “Seller”) and Latex Welding Supply, Inc., a Louisiana corporation (“Latex”) for the purchase of all of the issued and outstanding capital stock of Latex by the Company. Under the terms of the SPA, the Company purchased one hundred percent (100%) of Latex’s issued and outstanding capital stock for the gross purchase price of $1,500,000 (“Latex Stock”). $3,000 was paid as legal fees and is included in operating expenses in the income statement. The SPA included certain other terms and conditions which are typical in securities purchase agreements. Effective at closing, the Company commenced business operations in Louisiana through its new wholly owned subsidiary Latex Welding Supply, Inc. and is doing business as “Tyler Welders Supply”. The preliminary allocation of the consideration transferred is as follows: Cash $ 1,500,000 Total purchase price $ 1,500,000 Cash $ 57,778 Accounts receivable 92,499 Inventory 70,227 Trucks 62,774 Customer relationships 62,562 Accounts payable assumed (13,353 ) Deferred tax liability (13,138 ) Total purchase price allocation $ 319,349 Goodwill $ 1,180,651 October 2018 Stock Purchase: On October 26, 2018, Taronis Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreement (“SPA”) with Tyler Welders Supply, Inc., a Texas corporation (collectively, the “Seller”) and United Welding Specialties of Longview, Inc., a Texas corporation (“United”) for the purchase of all of the issued and outstanding capital stock of United by the Company. Under the terms of the SPA, the Company purchased one hundred percent (100%) of United’s issued and outstanding capital stock for the gross purchase price of $750,000 (“United Stock”). $3,000 was paid as legal fees and is included in operating expenses in the income statement. The SPA included certain other terms and conditions which are typical in securities purchase agreements. Effective at closing, the Company commenced business operations in Texas through its new wholly owned subsidiary United Welding Specialties of Longview, Inc. and is doing business as “Tyler Welders Supply”. The preliminary allocation of the consideration transferred is as follows: Cash $ 750,000 Total purchase price $ 750,000 Cash $ 20,552 Accounts receivable 135,180 Inventory 158,487 Cylinders 56,580 Other assets 17,923 Accounts payable assumed (65,291 ) Total purchase price allocation $ 323,433 Goodwill $ 426,567 All goodwill recorded as part of the purchase price allocations is currently anticipated to be tax deductible. The following proforma financial information presents the consolidated results of operations of the Company with NG Enterprises Acquisition, LLC, MWS Green Arc Acquisition, LLC, Trico Welding Supplies, Inc., Paris Oxygen Company, Latex Welding Supply, Inc. and United Welding Specialties of Longview, Inc. for the years ended December 31, 2018 and 2017, as if the above discussed acquisitions had occurred on January 1, 2017 instead of January 19, 2018, February 16, 2018, April 3, 2018, October 17, 2018, October 22, 2018 and October 26, 2018, respectively. The proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods. For the years ended December 31, 2018 2017 Revenues 12,822,889 11,987,795 Gross Profit 6,145,074 5,295,638 Operating Loss (14,010,635 ) (9,001,576 ) Net Loss (14,387,334 ) (8,289,180 ) Weighted Average Common Stock Outstanding 2,491,435 35,996 Loss per Common Share – Basic and Diluted (5.77 ) (230.28 )

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value	NOTE 5 – FAIR VALUE Accounting Standards Codification 820, “Fair Value Measurements and Disclosure,” (“ASC 820”) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, not adjusted for transaction costs. ASC 820 also establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels giving the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels are described below: Level 1 Inputs – Unadjusted quoted prices in active markets for identical assets or liabilities that is accessible by the Company; Level 2 Inputs – Quoted prices in markets that are not active or financial instruments for which all significant inputs are observable, either directly or indirectly; Level 3 Inputs – Unobservable inputs for the asset or liability including significant assumptions of the Company and other market participants. The carrying amount of the Company’s financial assets and liabilities, such as cash, accounts payable, accrued expenses and notes payable approximate their fair value because of the short maturity of those instruments. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. As of December 31, 2018 and 2017, the Company had no material assets or liability’s that required remeasurement. The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the years ended December 31, 2017: Embedded Total Warrant Conversion Derivative Liability Feature Liabilities Balance – December 31, 2016 7,195,617 504,968 7,700,585 Change in fair value (2,131,990 ) (123,332 ) (2,255,322 ) Reclassification of derivative liabilities to equity (396,854 ) (30,714 ) (427,568 ) Derivative extinguishment (4,666,773 ) (350,922 ) (5,017,695 ) Balance – December 31, 2017 - - - The Company’s Level 3 liabilities shown in the above table consist of warrants that contain a cashless exercise feature that provides for their net share settlement at the option of the holder. In addition, the convertible debt conversion feature has a price reset provision with no floor. The warrants also contain a fundamental transaction provision that permits their settlement in cash at fair value at the option of the holder upon the occurrence of a change in control. Such change in control events include tender offers or hostile takeovers, which are not within the sole control of the Company as the issuer of these warrants. Settlement at fair value upon the occurrence of a fundamental transaction computed using the Black Scholes Option Pricing Model using the following assumptions: Assumptions utilized in the valuation of Level 3 liabilities for the year ended December 31, 2017 are described as follows: Risk free interest rate 0.2% to 1.94 % Term (in years) 0.25 to 7.07 Volatility 62% to 142 % Dividends $ 0 The risk-free interest rate was determined from the implied yields from U.S. Treasury zero-coupon bonds with a remaining term consistent with the expected term of the instrument being valued. The expected term used is the contractual life of the instrument being valued. Volatility was calculated using the Company’s historical common stock price over the expected term of the instruments valued. Dividends were deemed to be $0 as the Company has historically never declared any dividends to its stock holders.

Inventory

Inventory	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Inventory	NOTE 6 - INVENTORY Inventory, consisting of production material consumables, hard goods, spare components and CIP, was $2,921,500 and $1,601,899 at December 31, 2018 and December 31, 2017, respectively. December 31, 2018 2017 Raw Materials 26,568 24,472 Finished Goods 1,926,576 714,478 WIP 968,356 862,949 Total Inventory 2,921,500 1,601,899

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	NOTE 7 – PROPERTY AND EQUIPMENT, NET Estimated useful life December 31, 2018 December 31, 2017 Machinery and equipment 3 – 5 years $ 807,859 $ 482,263 Furniture and office equipment 5 – 7 years 397,779 182,305 Transportation 3 – 5 years 884,623 222,144 Production units 5 – 30 years 8,023,689 4,910,736 Building 39.5 years 2,255,451 2,237,257 12,369,401 8,034,705 Accumulated depreciation and amortization (2,683,298 ) (2,032,265 ) $ 9,686,103 $ 6,002,440 Depreciation expense was $697,633 and $616,480 for the years ended December 31, 2018 and 2017, respectively.

Intangible Assets, Net

Intangible Assets, Net	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net	NOTE 8 – INTANGIBLE ASSETS, NET The Company’s intangible assets consisted of the following: Estimated useful life Weighted average remaining life December 31, 2018 December 31, 2017 Intellectual property 15 years 12.87 $ 898,876 $ 869,502 Customer relationships 10 years 9.65 704,037 - Non-compete agreements 1-10 years 4.67 2,600,000 - Less: Accumulated amortization (824,150 ) (457,171 ) Intangible assets, net $ 3,378,764 $ 412,331 The Company recorded amortization expense of $366,320 and $55,894 for the year ended December 31, 2018 and 2017, respectively. The following table outlines estimated future annual amortization expense for the next five years and thereafter: December 31, 2019 $ 587,866 2020 579,533 2021 579,533 2022 579,533 2023 442,194 Thereafter 610,105 Total $ 3,378,764

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	NOTE 9 – GOODWILL Goodwill outstanding as of December 31, 2018 and 2017 consisted of the following: Goodwill December 31, 2016 2,108,780 Acquisitions - Impairments - December 31, 2017 2,108,780 Acquisitions 4,581,943 Impairments - December 31, 2018 6,690,724

Capitalized Leases

Capitalized Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Capitalized Leases	NOTE 10 - CAPITALIZED LEASES The Company has equipment under various capital leases expiring through August 2024. The assets and liabilities under the capital leases are recorded at the lower of the present value of the minimum lease payments or the fair value of the assets. The assets, with costs of approximately $293,597 and $91,299 as of December 31, 2018 and 2017, and accumulated amortization of approximately $80,595 and $22,725 as of December 31, 2018 and 2017, respectively, are included in machinery and equipment and are amortized over the estimated lives of the assets. Amortization of assets under capital leases is included in depreciation expense. At December 31, 2018, annual minimum future lease payments under the capital leases are as follows: For the year ending December 31, Amount 2019 101,565 2020 91,420 2021 70,820 2022 40,034 2023 11,507 2024 3,730 Total minimum lease payments 319,075 Less amount representing interest 25,478 Present value of minimum lease payments 293,597 Less current portion of minimum lease 90,303 Long-term present value of minimum lease payment $ 203,294 The interest rate on the capital leases is approximately 6% and is imputed based on the lower of the Company’s incremental borrowings rate at the inception of each lease or the lessor’s implicit rate of return.

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Notes Payable	NOTE 11 – NOTES PAYABLE Notes Payable – Related Parties On April 3, 2017, the Company entered into a $50,000 promissory note with a member of the Board of Directors. The note bore interest of 15% and was due on July 3, 2017. During the year ended December 31, 2018, the company repaid $50,000 in principal and $3,750 in interest. As of December 31, 2018, the Note has been repaid in full. On April 11, 2017, the Company entered into a $50,000 promissory note with the Company’s Chief Technology Officer (“CTO”). The note bore interest of 15% and was due on July 11, 2017. During the year ended December 31, 2018, the company repaid $50,000 in principal and $3,750 in interest. As of December 31, 2018, the Note has been repaid in full. Interest on the aforementioned notes and advances was not material during the year ended December 31, 2018 and 2017. Note Agreement On November 15, 2017, the Company entered into a settlement agreement with the holder of the senior debenture and entered into a short-term note agreement having an implicit interest rate of 25% and received net proceeds of $500,000. The short-term note agreement had a term of twelve (12) months and required the Company to make monthly payments in the amount of $10,417 with a $625,000 balloon payment at end of term, which included a $125,000 commitment fee. The Company had the right prepay the amounts owed under the note at any time without penalty. The Company recorded $250,000 in commitment fees, buy back premiums and interest as an original issue discount and recorded a face amount of $750,000. The $250,000 in discount was accreted over the 12-month life of the agreement using the straight-line method, which approximates the interest rate method. As of December 31, 2018, and 2017, the Company accreted $183,579 and $65,796 of the discount. The short term note agreement had a blanket lien on the Company’s assets. As of December 31, 2018, the note has been paid in full. Promissory Note – Mortgage On September 30, 2014, the Company entered into a promissory note for a principal sum of $520,000 at an interest rate of 6.5% per annum as part of the mortgage on its corporate headquarters in Clearwater, FL. Payments of interest only are due and payable monthly commencing November 1, 2014 until October 1, 2024, at which time the entire principal balance shall be due and payable. As of December 31, 2018, and 2017, the principal balance payable was $520,000 and $520,000, respectively. Trico Notes Payable Assumed On April 3, 2018, in conjunction with the acquisition, the Company assumed $282,013 in promissory notes payable by Trico Welding Supplies, Inc. (“Trico”), when the Company completed the acquisition of Trico. Trico is obligated under seven promissory notes with interest rates ranging between 4.75-6.75%. As of December 31, 2018, the total principal balance payable by Trico was $175,590. At December 31, 2018, annual minimum future payments under the notes payable are as follows: For the year ending December 31, Amount 2019 94,008 2020 49,352 2021 32,230 Total minimum lease payments 175,590

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Stockholders' Equity	NOTE 12 - STOCKHOLDERS’ EQUITY Reverse Stock Splits On May 18, 2017, the Company filed an amendment to the Certificate of Incorporation to effect a one-for-ten reverse split of the Company’s issued and outstanding common stock which was effectuated on May 19, 2017. On January 16, 2018, the Company filed an amendment to the Certificate of Incorporation to effect a one-for-fifteen reverse split of the Company’s issued and outstanding common stock which was effectuated on January 16, 2018. On January 30, 2019, the Company filed an amendment to the Certificate of Incorporation to effect a one-for-twenty reverse split of the issued and outstanding common stock (the “2019 Reverse Stock Split”), which became effective in accordance with the terms of the Certificate of Amendment on January 30, 2019. These reverse stock splits did not modify the rights or preferences of the common stock. Proportional adjustments have been made to the conversion and exercise prices of the outstanding common stock warrants, convertible notes, and common stock options. The number of common stock shares issuable under our equity compensation plan was not affected by the 2019 Reverse Stock Split. All share and per share amounts for the common stock have been retroactively restated to give effect to the reverse splits as if they occurred at the first period presented. Common shares and warrants issued for cash During the year ended December 31, 2018, the Company entered into two Securities Purchase Agreements (“August SPA” and “October SPA”), in which the Company issued an aggregate of 2,325,417 shares of common stock and warrants to purchase 2,325,417 shares of common stock. The purchase price of the common stock was $3.00 and $4.64 per share, respectively. Total gross proceeds received were $8,720,250. The exercise price of the common stock warrants was $6.00 and $7.31 per share, respectively. The termination date of the common stock warrants is August 31, 2019 and April 11, 2022, respectively. Placement agents received cash fees equal to 1% and 6% of the aggregate gross proceeds raised in the placement, respectively, for a total of $387,903. The offering was made pursuant to a prospectus supplement and accompanying base prospectus relating to the Company’s effective shelf registration statement on Form S-3 (File No. 333-207928). Common shares issued for services During the year ended December 31, 2018, the Company issued 278,645 shares of the Company’s common stock to key advisors, directors and consultants of the Company. These shares vest over the life of the service term and the fair value of these issuances was $3,177,100. The Company recorded a charge of $2,804,258 in the statement of operations as a component of selling, general and administration for the year ended December 31, 2018. As of December 31, 2018, $372,842 remains unvested and will fully vest over the next year. The Company issued 12,517 shares of common stock to consultants for various services rendered during the year ended December 31, 2017. These shares were fully vested on the date of issuance and the fair value of these issuances was $3,181,167. The charge was included in selling, general and administration in the statement of operations. Common shares issued for settlement of liabilities During the year ended December 31, 2018 the Company issued 36,073 of common stock to settle outstanding vendor liabilities of $564,873. In connection with this transaction, the company also recorded a loss on settlement of liabilities of $41,696, the fair value of the stock issued with the transaction was in excess of the liabilities extinguished. During the year ended December 31, 2017 the Company issued 667 shares of common stock to settle outstanding debt of $48,201. In connection with this transaction, the company also recorded a loss on settlement of liabilities of $11,715, the fair value of the stock issued with the transaction was in excess of the liabilities extinguished. Common Stock Issued for Exercise of Warrants During the year ended December 31, 2018, the Company issued 3,750 shares of common stock for the exercise of warrants. The cash proceeds were $750. During the year ended December 31, 2017, the Company issued 265 shares of common stock for the exercise of warrants. The cash proceeds were $7,937. The exercise of these warrants resulted in a reclassification of the derivative liability associated with these warrants of $396,854, which has been reclassified from derivative liability to stockholders’ equity. Common Stock Issued for Acquisition of Assets On February 16, 2018, the Company closed an asset purchase agreement to purchase certain assets with an aggregate purchase price of $2,500,000. The aggregate purchase price comprised of a $1,000,000 cash payment and the issuance of 48,077 shares of the Company’s restricted common stock with a fair value of $1,259,616. Preferred Stock Series A Preferred Stock On November 2, 2018, the Company repurchased the Series A Preferred Stock for $1,000,000 and 250,000 shares of common stock for a total aggregate purchase price of $2,185,000. The Company recorded the redemption as deemed dividend of $2,185,000 and upon receipt of the repurchased shares, the Company cancelled and terminated the Series A Preferred class of stock and returned voting control of the Company back to its common stock shareholders. As of December 31, 2018, and 2017, 0 and 1,000 shares of Series A Preferred Stock were issued and outstanding, respectively. Series B Convertible Preferred Stock On May 9, 2017 the Company filed a Certificate of Designation to designate 2,700 shares of Series B Convertible Preferred Stock. The Preferred Stock is convertible in shares of common stock at a price of $900.00 per share subject to subsequent equity sales reset provisions. The conversion provision was at the option of the holder and the Series B Convertible Preferred Stock did not provide for cumulative dividends and did not have any voting rights. The holders of Series B Convertible Preferred Stock would receive upon liquidation, the same amount that a holder of common stock would receive if the preferred stock were fully converted, paid pari passu with all holders of common stock. On May 9, 2017, the Company entered into an exchange agreement with an institutional investor. Under the terms of the agreement, the investor agreed to exchange with the Company, warrants exercisable for 73,995 shares of common stock, for (i) 2,700 shares of Series B Convertible Preferred Stock at a stated value of $1,000 per share and convertible into 3,000 shares of common stock at a conversion price of $900.00 and (ii) 3,333 shares of common stock. The Company cancelled 73,995 of warrants with a fair value of $4,666,773 on the date of the exchange, extinguished the derivative liability associated with the conversion feature in the amount of $350,922, and issued 2,700 shares of Series B Convertible Preferred Stock and 333 shares of common stock with an aggregate fair value of $5,652,500. The exchange resulted in an incremental increase of $513,725 which the Company has recorded as a loss on extinguishment of debt in other income (expense) in the statement of operations for the year ended December 31, 2017. During the year ended December 31, 2017, 2,700 shares of the Series B Convertible Preferred Stock were converted into 3,000 shares of the Company’s common stock an exchange rate of $900.00 per share. Series C Convertible Preferred Stock On June 15, 2017 the Company filed a Certificate of Designation to designate 25,000 shares of Series C Convertible Preferred Stock. The Preferred Shares have a stated value of $1,000 and each share of preferred stock is convertible into common stock at an initial conversion price of $900 per share. The holders of Preferred Shares are entitled to receive dividends, when and as declared by the Board and after the occurrence of a triggering event. Until such time as all triggering events then outstanding are cured, the holders shall be entitled to receive dividends at a rate of eighteen percent (18.0%) per annum. At any time, the holder may, at its option, convert any Preferred Shares at an alternate conversion price as follows: The lower of (A) the applicable conversion price as then in effect and (B) the greater of (x) $105 and (y) the lowest of (i) 85% of the Value Weighted Average Price (“VWAP”) of the common stock as of the trading day immediately preceding the delivery or deemed delivery of the applicable conversion notice, (ii) 85% of the VWAP of the common stock as of the trading day of the delivery or deemed delivery of the applicable conversion notice and (iii) 85% of the price computed as the quotient of (I) the sum of the VWAP of the common stock for each of the ten (10) trading days with the lowest VWAP of the common stock during the twenty (20) consecutive trading day period ending and including the trading day immediately preceding the delivery or deemed delivery of the applicable conversion notice, divided by (II) ten (10). In lieu of conversion, upon a triggering event, the holder may require the Company to redeem all or any of the Preferred Shares at a price equal to the greater of (i) the product of (A) the conversion amount of the Preferred Shares to be redeemed multiplied by (B) a redemption premium of 115% and (ii) the product of (X) the conversion rate with respect to the conversion amount in effect at such time of redemption multiplied by (Y) the product of (1) a redemption premium of 115% multiplied by (2) the greatest closing sale price of the common stock on any trading day during the period commencing on the date immediately preceding such Triggering Event and ending on the date the Company makes the entire redemption payment. The Company may, at its option following notice to each holder, redeem such amount of Preferred Shares by paying to each holder the corresponding installment amount in cash. The applicable installment conversion price with respect to a particular date of determination, shall be equal to the lower of (A) the conversion price then in effect and (B) the greater of (x) $105 and (y) the lower of (i) 85% of the VWAP of the common stock as of the trading day immediately preceding the applicable Installment Date and (ii) 85% of the quotient of (A) the sum of the VWAP of the common stock for each of the ten (10) trading days with the lowest VWAP of the common stock during the twenty (20) consecutive trading day period ending and including the trading day immediately prior to the applicable Installment Date, divided by (B) ten (10). If the Company elects to effect an installment redemption in lieu of an installment conversion, in whole or in part, such Preferred Shares shall be redeemed by the Company in cash on the applicable Installment Date in an amount equal to 103% of the applicable installment redemption amount. As a result of such Triggering Event discussed above, the Series C Preferred Stock has redeemable features which are not in the Company’s control and therefore Management has classified the Series C Preferred Stock in temporary equity in accordance with ASC 480-10-S99-3A on the Consolidated Balance Sheet. On June 12, 2017, the Company entered into a Securities Purchase Agreement (“SPA”) with one or more investors. Under the terms of the agreement, the Company issued to each investor, Series C Convertible Preferred Stock, Series C Convertible Preferred Warrants and Common Stock Warrants, for a total gross purchase price of up to $25,000,000. At the initial closing under the SPA, the Company issued a total of 75 Preferred Shares at a purchase price of $900 per share. The Preferred Warrants are exercisable for a total of 24,925 Preferred Shares at an exercise price of $900 per share. The Preferred Shares have an initial conversion price of $900 and are initially convertible into an aggregate of 646 shares of common stock. The Common Stock Warrants are exercisable for 11,111 shares of common stock, representing thirty-five percent (35%) of the total number of shares of common stock initially issuable upon conversion of the Preferred Shares. The exercise price of the Common Stock Warrants is $900 per share and are exercisable for 5 years. During the years ended December 31, 2018 and 2017, the warrant holders exercised 21,088 and 3,528 Preferred Warrants into 21,088 and 3,528 Preferred Shares. The investors simultaneously converted 21,088 and 3,413 shares (and the previously issued 75 Preferred Shares) which had a stated value of $21,088,000 and $3,413,000 into 4,538,317 and 31,724 shares of the Company’s Common Stock. Management analyzed the conversion features of the Series C Preferred stock underlying the Preferred Warrants and recorded a beneficial conversion feature during the years ended December 31, 2018 and 2017, in the amount of $2,097,300 and $3,528,000. The beneficial conversion feature was recognized as a deemed dividend. In addition, because the Preferred Warrants may not be exercised into preferred shares unless the registration statement is effective, no derivative liability has been recognized. As of December 31, 2018, and 2017, the Company had 0 and 115 Series C shares outstanding with a stated value of $0 and $115,000. Series E Convertible Preferred Stock On September 15, 2017, the Company designated a new class of preferred stock as Series E Convertible Preferred Stock. The authorized number of Series E Convertible Preferred Stock was 455,882. Each preferred share shall have a par value of $0.001. The holders are entitled to receive dividends, when and as declared by the Board. The Preferred Shares have a stated value of $1.36 per share. The initial conversion price of the preferred shares to common stock will be $27.20. In addition, under the Series E Convertible Preferred Stock designation holders representing at 65% of the aggregate stated value amount of the Preferred Shares then outstanding shall be required for any change, waiver or amendment to the certificate of designations provided, that 65% must include the holders as long as they beneficially own any preferred shares. Upon the occurrence of a triggering event as disclosed in the Series E Convertible Preferred Stock designation until such time as all triggering events then outstanding are cured, the holders shall be entitled to receive dividends at a rate of 18.0% per annum. At any time the holder may, at its option, convert the Series E Convertible Preferred Stock under an alternate conversion price which is the lower of the applicable conversion price in effect on the applicable conversion date of the applicable alternate conversion and the greater of the following: a) the floor price and the lowest of 75% of the closing bid price of the common Stock as of the trading day immediately preceding the delivery or deemed delivery of the applicable conversion notice, b) 75% of the variable weighted average price of the common stock as defined in the preferred designation In lieu of conversion, upon a triggering event, the holder may require the Company to redeem all or any of the preferred shares at a price equal to the greater of calculations as defined in the preferred designation Accordingly the Company has classified the Series E Convertible Preferred Stock as temporary equity. During the year ended December 31, 2017, the Company issued 36,765 shares of Series E Convertible Preferred Stock and issued 419,117 Series E Preferred Convertible Preferred Stock Warrants as part of a security purchase agreement for consideration of $50,000 which was for stock issuance cost. The Series E Convertible Preferred Stock Warrants have a life of 2.28 years and an exercise price of $27.20. The Company recorded a beneficial conversion feature in the amount of $620,000 for the underlying preferred shares of the preferred warrant. The beneficial conversion feature was recognized as a deemed dividend. During the years ended December 31, 2018 and 2017, the warrant holders exercised 0 and 419,117 Preferred Warrants into 0 and 419,117 Preferred Shares for a total gross purchase price of $0 and $569,999. During the years ended December 31, 2018 and 2017, the investors simultaneously converted 280,110 and 139,007 shares of Preferred Series E which had a stated value of $380,950 and $189,049 into 6,788 and 1,801 shares of common stock. As of December 31, 2018, and 2017, the Company had 36,765 and 316,875 Series E shares Convertible Preferred Stock outstanding with a stated value of $50,000 and $430,950. Series F Convertible Preferred Stock On June 27, 2018, the Company entered into a Securities Settlement Agreement (“SSA”) with Maxim Group, LLC (“Maxim”). Maxim was entitled to certain placement agent fees from the Company in the aggregate amount of $556,016 arising from the convertible preferred transaction dated June 12, 2017, pursuant to the engagement letter, dated March 7, 2017, between the Company and Maxim. Under the terms of the SSA, the Company issued to Maxim 817,670 shares of Series F Convertible Preferred Stock with an initial total value of $556,016 (“Series F Convertible Preferred Stock”). The Series F Convertible Preferred Stock has an initial conversion price of $13.60 per share and will be convertible into common stock. Upon execution of the SSA, the Company reduced its outstanding obligations by $556,016. During the year ended December 31, 2018, investors converted 817,670 shares of Series F Convertible Preferred Stock, which had a stated value of $556,016, into 156,605 shares of the Company’s common stock for settlement of payables to the placement agents. Equity Incentive Plan On July 12, 2017, the Board of Directors submitted the following actions to the Majority Stockholder for ratification and approval by consent in lieu of meeting, and the Majority Stockholder has ratified and approved the following actions: approving the MagneGas Corporation Amended and Restated 2014 Equity Incentive Award Plan. The principal purpose of the action was for increasing the number of shares that may be issued or transferred pursuant to awards under the New Plan. As of December 31, 2018, and 2017, there are 11,553 and 767 shares to be issued upon exercise of outstanding options and 3,827,083 shares remaining available for future issuance under equity compensation plans. Under the terms of the Company’s plan, incentive stock options (ISOs) may be granted to officers and employees and non-qualified stock options and awards may be granted to directors, consultants, officers and employees of the Company. The exercise price of ISOs cannot be less than the fair market value of the Company’s Common Stock on the date of grant. The options vest over a period determined by the Company’s Board of Directors, ranging from immediate to four years, and expire not more than ten years from the date of grant. Options Options outstanding as of December 31, 2018 and 2017 consisted of the following: Weighted Weighted Average Average Options Exercise Remaining Intrinsic Outstanding Price Life in Years Value December 31, 2016 1,625 1,870.80 1.23 272 Granted - Exercised - Forfeited - Expired (858 ) 694.60 December 31, 2017 767 3,186.80 1.58 - Granted 11,250 18.57 10.00 - Exercised - Forfeited - Expired (464 ) 3,393.23 - - December 31, 2018 11,553 93.89 8.84 - Exercisable at December 31, 2018 9,012 As of December 31, 2018, the fair value of non-vested options totaled $46,700 which will be amortized to expense until December 31, 2019. The fair value of each employee option grant is estimated on the date of the grant using the Black-Scholes option-pricing model. Key weighted-average assumptions used to apply this pricing model during the year ended December 31, 2018 were as follows: Risk free interest rate 2.84 % Expected term 10 years Volatility 183 % Dividends $ 0 The Company had no grants during the year ended December 31, 2017. Common Stock Warrants Warrants outstanding as of December 31, 2018 and 2017 consisted of the following: Weighted Weighted Average Average Warrants Exercise Remaining Outstanding Price Life in Years December 31, 2016 7,664 2,730.00 5.80 Granted 11,111 9,112.60 5.00 Exercised (265 ) 300.00 Forfeited/Exchanged - - Expired (7,400 ) 2,730.00 December 31, 2017 11,111 9,112.60 4.45 Granted 2,329,167 6.60 2.17 Exercised (3,750 ) 0.20 Expired - December 31, 2018 2,336,528 49.92 1.90 Exercisable at December 31, 2018 2,336,528 During the years ended December 31, 2018 and 2017, the Company exercised 3,750 and 265 shares of warrants with cash proceeds of $750 and $7,937, respectively. At December 31, 2018 and 2017, the total intrinsic value of warrants outstanding and exercisable was $0 and $0, respectively. In connection with the October SPA, the Company agreed to grant the investors one common stock purchase warrant for every share of common stock purchased under the October SPA at an exercise price of $7.31 per share. 1,090,000 common stock warrants were issued, expiring on April 14, 2022. The exercise price was subsequently adjusted to $4.64 as part of the January 11, 2019 SPA. Any deemed dividend associated with the exercise price adjustment will be recorded in the first quarter of 2019. In connection with the August SPA, the Company agreed to grant the investor(s) one common stock purchase warrant for every share of common stock purchased under the SPA at an exercise price of $6.00 per share. 1,235,417 common stock warrants were issued, expiring on August 31, 2019. During the year ended December 31, 2018, the Company issued 3,750 shares of common stock for the exercise of warrants, with cash proceeds of $750. The fair value of the common stock warrants was $316,501, of which $302,589 was recognized as stock-based compensation for the year ended December 31, 2018. Maxim Group, LLC (“Maxim”) acted as the exclusive placement agent for the Series C preferred stock transaction. The Company agreed to pay Maxim a cash fee payable upon each closing equal to 6.0% of the gross proceeds received by the Company at each Closing (the “Placement Fee”). Such fees were recognized as stock issuance costs. Additionally, the Company granted to Maxim (or its designated affiliates) warrants to purchase up to 11,111 shares common stock (the “Placement Agent Warrants”). The Placement Agent Warrants expire five (5) years after the Closing. The Placement Agent Warrants are exercisable at a price per share equal to $990, are not be redeemable and are exercisable for 5 years. The Placement Agent Warrants may be exercised in whole or in part and provide for a “cashless” exercise, except in the event the shares of common stock issuable upon exercise of the Placement Agent Warrants are registered for resale, in which case they provide for a “cash” exercise only. The Placement Agent Warrants were recorded at fair value as stock issuance costs. Although the Placement Agent Warrants contain certain change in control provisions that are potentially settleable in cash, such settlement is at the Company’s discretion. Preferred Stock Warrants Warrants outstanding to purchase Series C Preferred Stock as of December 31, 2018 consisted of the following: Weighted Weighted Average Average Warrants Exercise Remaining Outstanding Price Life in Years December 31, 2017 24,925 900 5.45 Granted - Exercised (3,528 ) 900 Forfeited/Exchanged - Expired - December 31, 2017 21,397 900 4.45 Granted - Exercised (20,973 ) 900 Forfeited/Exchanged - Expired - December 31, 2018 424 900 3.45 Exercisable at December 31, 2018 424 At December 31, 2018 and 2017, the total intrinsic value of preferred stock warrants outstanding and exercisable was $0 and $0, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 13 - RELATED PARTY TRANSACTIONS Operating Leases – Related Party The Company previously occupied 5,000 square feet of a building owned by a related party. Rent was payable at $4,000 on a month-to-month basis. The facility allowed for expansion needs. The lease was held by EcoPlus, Inc., a company that is effectively controlled by Dr. Ruggero Santilli, a former officer and director of the Company. Rent expense under this lease was approximately $20,000 the year ended December 31, 2017. The lease was terminated on May 27, 2017. Notes Payable – Related Parties As of December 31, 2017, the Company had a $50,000 promissory note with a member of the Board of Directors. The note bore interest of 15% per annum and was due on July 3, 2017. During the year ended December 31, 2018, the Company repaid $50,000 in principal and $3,750 in interest. As of December 31, 2018, the balance payable was $0 including interest of $0. As of December 31, 2017, the Company had a $50,000 promissory note with the Company’s Chief Technology Officer (“CTO”). The note bore interest of 15% and was due on July 11, 2017. During the year ended December 31, 2018 the Company repaid $50,000 in principal and $3,750 in interest. As of December 31, 2018, the balance payable was $0 including interest of $0. Asset Purchase Agreement – Related Parties On April 4, 2018, the Company entered into a $500,000 asset purchase agreement with LBJ, a California general partnership owned by Joseph Knieriem and Robert Baker. At the time of the asset purchase agreement, Mr. Knieriem and Mr. Baker were full-time employees of the Company. Accrued Expenses – Related Parties During the period July 1, 2017 through December 31, 2017, the CTO, excluding the notes described above, continued to fund working capital in the amount of $249,570. There was no formal note agreement, stated interest rate or maturity date and was payable on demand. As of December 31, 2018, and 2017, $0 and $182,070 was payable to the CTO and was included in accrued expenses. Interest on the aforementioned notes and advances was not material during the year ended December 31, 2018.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 14 - COMMITMENTS AND CONTINGENCIES Litigation Certain conditions may exist as of the date the consolidated financial statements are issued which may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company, or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims, as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable, but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed, unless they involve guarantees, in which case the guarantees would be disclosed. There can be no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows. From time to time the Company may be a party to litigation matters or regulatory investigations involving claims against the Company or its wholly-owned subsidiaries. The Company is subject to an increased risk of litigation and regulatory investigation due to the Company’s operation in a highly regulated industry. On April 16, 2015, an accident occurred at the Company’s facility during the gas filling process. As a result of the accident, one employee was killed and one was injured, but has recovered and has returned to work. Although the Company has workers’ compensation insurance and general liability insurance, the financial impact of the accident is unknown at this time. No customers have terminated their relationship with the Company as a result of the accident. On October 14, 2015, the Company received the final report from the Occupational Safety and Health Administration (“OSHA”) related to the accident. The OSHA report included findings, many of which had already been resolved, and a proposed citation. The Company was not cited for any willful misconduct and no final determination was made as to the cause of the accident. The Company received citations related to other various operational issues and received an initial fine of $52,000 which was paid. The Company has also been informed by the DOT that it has closed its preliminary investigation into the accident with no findings or citations to the Company, however, the DOT has the right to re-open the investigation should new information become available. The Company is still investigating the cause of the accident and there have been no conclusive findings as of this time. It is unknown whether the final cause of the accident will be determined and whether those findings will negatively impact our operations or sales. The Company continues to be fully operational and transparent with all regulatory agencies. As of December 31, 2018, the Company has not accrued for any contingency as there was no stated amount of a claim. A lawsuit was filed on November 18, 2016 in the Circuit Court of the Sixth Judicial Circuit in Pinellas County, Florida by the Estate of Michael Sheppard seeking unspecified damages (file number 2016CA1294). The lawsuit alleged that the Company was negligent and grossly negligent in various aspects of our safety, training and in our overall work environment at the time of the accident. The Company believes that the lawsuit was without merit and responded to the lawsuit in 2016. On February 27, 2019, the judge for this matter issued an order granting summary judgment and dismissed the case with prejudice, in the Company’s favor. The Company is not involved in any other litigation that could have a materially adverse effect on the financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the Company’s executive officers or any of the subsidiaries, threatened against or affecting the Company, our common stock, any of the subsidiaries or subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect. Operating Leases The Company leases facilities located in various states in the United States for its office and operations under non-cancelable operating leases that expire at various times through 2028. The total amount of rent expense under the leases is recognized on a straight-line basis over the term of the leases. As of December 31, 2018 and 2017, deferred rent payable was $0 and $0, respectively. Rent expense under the operating leases for the years ended December 31, 2018 and 2017 was $503,089 and $174,100, respectively. ● On September 1, 2006, the Company entered into a lease for an operating facility in Sacramento, CA, through a wholly owned subsidiary. The lease agreement has a term of 5 years with minimum monthly payments of $4,700 ($56,400 per annum). Upon the expiration of the initial term of the lease, the lease converted to a month to month tenancy and the Company continues to pay rent and occupy the premises set forth in the lease. ● On August 1, 2012, the Company entered into a lease for an operating facility in Shreveport, LA, through a wholly owned subsidiary. The lease agreement has a term of 5 years with minimum monthly payments of $4,750 ($57,000 per annum). Upon the expiration of the initial term of the lease, the lease converted to a month to month tenancy and the Company continues to pay rent and occupy the premises set forth in the lease. ● On August 13, 2015, the Company entered into a lease for an operating facility in Palestine, TX, through a wholly owned subsidiary. The lease agreement has a term of 5 years with minimum monthly payments of $1,800 ($21,600 per annum). ● On August 24, 2015, the Company entered into a lease for an operating facility in Flint, TX, through a wholly owned subsidiary. The lease agreement has a term of 5 years with minimum monthly payments of $5,550 ($66,600 per annum). ● On December 1, 2015, the Company entered into a lease for an operating facility in Shreveport, LA, through a wholly owned subsidiary. The lease agreement has a term of 66 months with minimum monthly payments of $2,846 ($34,152 per annum). ● On April 5, 2016, the Company entered into a lease for an operating facility in Lakeland, FL, through a wholly owned subsidiary. The lease agreement has a term of 3 years with minimum monthly payments of $2,200 ($26,400 per annum). The lease was subsequently renewed for an additional one-year term with a minimum month payment of approximately $2,750 ($33,000 per year). ● On August 1, 2016, the Company entered into a lease for an operating facility in Flint, TX, through a wholly owned subsidiary. The lease agreement has a term of 4 years with minimum monthly payments of $900 ($10,800 per annum). ● On August 4, 2016, the Company entered into a lease for an operating facility in Sarasota, FL, through a wholly owned subsidiary. The lease agreement has a term of 5 years with minimum monthly payments of $1,700 ($20,400 per annum). ● On November 16, 2017, the Company entered into a lease for a testing facility in Bowling Green, FL, through a wholly owned subsidiary. The lease agreement has a term of 1 year with minimum monthly payments of $3,000 ($36,000 per annum). Upon the expiration of the initial term of the lease, the lease converted to a month to month tenancy and the Company continues to pay rent and occupy the premises set forth in the lease. ● On April 4, 2018, the Company entered into a lease for an operating facility in Woodland, CA, through a wholly owned subsidiary. The lease agreement has a term of 1 year with minimum monthly payments of $14,000 ($168,000 per annum). Upon the expiration of the initial term of the lease, the lease converted to a month to month tenancy and the Company continues to pay rent and occupy the premises set forth in the lease. ● On May 1, 2018, the Company entered into a lease for an operating facility in Spring Hill, FL, through a wholly owned subsidiary. The lease agreement has a term of 1 year with minimum monthly payments of $1,250 ($15,000 per annum). Upon the expiration of the initial term of the lease, the lease converts to a month to month tenancy and the Company will continue to pay rent and occupy the premises set forth in the lease. ● On September 1, 2018, the Company entered into a lease for an operating facility in Clearwater, FL, through a wholly owned subsidiary. The lease agreement has a term of 10 years with minimum monthly payments of $6,728.40 ($80,740.80 per annum). ● On October 18, 2018, the Company entered into a lease for an operating facility in Paris, TX, through a wholly owned subsidiary. The lease agreement has a term of 2 years with minimum monthly payments of $3,000 ($36,000 per annum). ● On October 27, 2018, the Company entered into a lease for an operating facility in Longview, TX, through a wholly owned subsidiary. The lease agreement has a term of 2 years with minimum monthly payments of $2,000 ($24,000 per annum). At December 31, 2018, annual minimum future lease payments under these operating leases are as follows: For the year ending December 31, Amount 2019 683,588 2020 663,259 2021 664,859 2022 664,859 2023 664,859 Total minimum lease payments 3,341,423

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Tax	NOTE 15 - INCOME TAX On December 22, 2017, the Tax Cuts and Jobs Act (the “Tax Reform Bill”) was signed into law. Prior to the enactment of the Tax Reform Bill, the Company measured its deferred tax assets at the federal rate of 34%. The Tax Reform Bill reduced the federal tax rate to 21% resulting in the re-measurement of the deferred tax asset as of December 31, 2017. Beginning January 1, 2018, the lower tax rate of 21% will be used to calculate the amount of any federal income tax due on taxable income earned during 2018. Income tax expense (benefit) consisted of the following for the years ended December 31, 2018 2017 U.S. federal Current: - - Deferred - 3,160,000 State and local Current - - Deferred - (1,000,000 ) Total - 2,160,000 Change in valuation allowance - (2,160,000 ) Income Tax Provision - - The reconciliation between the U.S. statutory federal income tax rate and the Company’s effective rate for the years ended December 31, 2018 and 2017 is as follows: 2018 2017 U.S. federal statutory rate 21.00 % 34.00 % State income taxes, net of federal benefit 5.07 % 4.22 % Other permanent items (0.04 )% 4.74 % Effect of federal tax rate change - % (66.97 )% Effect of state tax rate change - % 3.76 % Return to provision true-up (2.97 )% (0.03 )% Change in valuation allowance (27.66 )% 20.27 % Other 4.61 % - % Effective rate 0.00 % 0.00 % As of December 31, 2018, and 2017, the Company’s deferred tax assets (liabilities) consisted of the effects of temporary differences attributable to the following: 2018 2017 Deferred tax assets Net Operating Loss carryover $ 17,974,275 $ 14,161,596 Stock-based compensation 548,929 602,872 Business interest limitation 48,720 - Charitable contribution carryforward 224 - Bad debt allowance 325,252 27,874 Intangible assets book/tax difference 67,331 - Inventory reserve - 12,720 Total deferred tax asset 18,964,733 14,805,062 Less reserve for allowance 18,964,733 14,805,062 Total Deferred tax asset net of valuation allowance $ - $ - The tax loss carry-forwards of the Company may be subject to limitation by Section 382 of the Internal Revenue Code with respect to the amount utilizable each year. This limitation reduces the Company’s ability to utilize net operating loss carry-forwards. The Company has performed an analysis of its Section 382 ownership changes and has determined that the utilization of all of its federal net operating loss carry forward is limited by Section 382. All of net operating loss carry forwards as of December 31, 2018, are subject to the limitations under Section 382 of the Internal Revenue Code. Federal net operating loss carry forwards will expire, if unused, between 2031and 2029. On December 22, 2017, new legislation was signed into law, informally titled the Tax Cuts and Jobs Act, which included, among other things, a provision to reduce the federal corporate income tax rate to 21%. Under ASC 740, Accounting for Income Taxes, the enactment of the Tax Act also requires companies, to recognize the effects of changes in tax laws and rates on deferred tax assets and liabilities and the retroactive effects of changes in tax laws in the period in which the new legislation is enacted. There is no further change to its assertion on maintaining a full valuation allowance against its U.S. deferred tax assets. The Company’s gross deferred tax assets have been revalued from 35% to 21% with a corresponding offset to the valuation allowance and any potential other taxes arising due to the Tax Act will result in reductions to its net operating loss carryforward and valuation allowance. The Company files income tax returns in the U.S. federal and various state jurisdictions. As of December 31, 2018, and 2017, the Company has federal and state net operating loss carryforwards each of $68,955,725 and $54,753,437 respectively. As of December 31, 2018, the tax returns for the years from 2014 through 2017 remain open to examination by the Internal Revenue Service and various state authorities. ASC 740, “Income Taxes” requires that a valuation allowance is established when it is “more likely than not” that all, or a portion of, deferred tax assets will not be recognized. A review of all available positive and negative evidence needs to be considered, including the Section 382 limitation, the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies. After consideration of all the information available, management believes that uncertainty exists with respect to the future realization of its deferred tax assets and has, therefore, established a full valuation allowance as of December 31, 2018, and 2017. For the year ended December 31, 2018, the change in valuation allowance was $4,159,671. As of December 31, 2018, and 2017, the Company has evaluated and concluded that there were no material uncertain tax positions requiring recognition in the Company’s financial statements. The Company’s policy is to classify assessments, if any, for tax-related interest as income tax expenses. No interest or penalties were recorded during the years ended December 31, 2018, and 2017. The Company does not expect its unrecognized tax benefit position to change during the next twelve months.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	NOTE 16 – SUBSEQUENT EVENTS Acquisitions On January 16, 2019, the Company entered into a Securities Purchase Agreement (“SPA”) with Melvin Ruyle Family Living Trust and Tyler Welders Supply, Inc., a Texas corporation (“Tyler”) for the purchase of all of the issued and outstanding capital stock of Tyler by the Company. Under the terms of the SPA, the Company purchased one hundred percent (100%) of Tyler’s issued and outstanding capital stock for the gross purchase price of $2,500,000. The SPA includes certain other terms and conditions which are typical in securities purchase agreements. Effective at closing, the Company commenced business operations at its new locations in Texas. On February 15, 2019, the Company entered into a Securities Purchase Agreement (“SPA”) with Melvin Ruyle, Jered Ruyle and Janson Ruyle and Cylinder Solutions, Inc., a Texas corporation (“CS”) for the purchase of all of the issued and outstanding capital stock of CS by the Company. Under the terms of the SPA, the Company purchased one hundred percent (100%) of CS’s issued and outstanding capital stock for the gross purchase price of $1,500,000. The SPA includes certain other terms and conditions which are typical in securities purchase agreements. Effective at closing, the Company commenced business operations at its new location in Texas. On February 22, 2019, the Company entered into an Asset Purchase Agreement (“APA”) with Complete Cutting & Welding Supplies, Inc. and closed the purchase of certain assets related to the Seller’s welding supply and gas distribution business located in California. The total purchase price for the purchased assets and assumed liabilities was $2,500,000. The APA included certain other terms and conditions which are typical in asset purchase agreements. On October 22, 2018, the Company made an initial non-refundable deposit of $250,000 for the purchase of the assets. Upon execution of the APA, the Company funded the remaining $2,250,000 balance due. Effective at closing, the Company commenced business operations in California through its wholly owned subsidiary MagneGas Welding Supply – Complete LA, LLC and is doing business as “Complete Welding”. Securities Purchase Agreement On January 11, 2019, the Company entered into a Securities Purchase Agreement (“SPA”). Under the terms of the SPA, the Company issued 1,550,000 shares of the Company’s common stock and warrants to purchase up to 1,550,000 shares of common stock for a total gross purchase price of $4,340,000. The warrants have a life of 42 months and are exercisable at a price of $4.64 per share. The warrants are exercisable for 6 months following the closing date and, subsequent to July 15, 2019, the warrant holder may exercise by means of a cashless exercise in the event there is no effective registration statement registering, or no current prospectus is available for the resale of the underlying shares of common stock. In addition, subsequent to July 15, 2019, if the daily volume weighted average price of the common stock fails to exceed the exercise price, the aggregate number of warrant shares issuable in a cashless exercise will be equal to the product of (i) the aggregate number of Warrant Shares that would be issuable upon exercise of the Warrants if such exercise were by means of a cash exercise and (ii) 15.00. The Company received aggregate net proceeds of approximately $4,029,600. In addition, pursuant to the SPA, the Company agreed to amend the common stock purchase warrants dated October 15, 2018 to reduce the exercise price of the warrants from $7.31 to $4.64. In conjunction with the SPA, the Company entered into a placement agency agreement with investment bankers. Under the terms of the agreement, the bankers acted as the exclusive placement agent for the transaction, for an agreed upon cash fee payable upon the closing of the offering equal to 6.0% of the gross proceeds received from the offering. The arrangement is subject to certain conditions, to reimburse all travel and other out-of-pocket expenses of the bankers, including but not limited to legal fees, up to a maximum of $50,000. Equity Issuances and Warrant Grants During the period January 1, 2019 through April 8, 2019, the warrant holders exercised 499 Preferred Warrants into 499 Series C Preferred Shares. The investors converted 0 Series C Preferred Shares into 0 shares of the Company’s Common Stock. During the period January 1, 2019 through April 8, 2019, the Company issued 617,347 shares of free trading Common Stock and 1,300,000 shares of restricted Common Stock to employees as bonus compensation due under employment agreements. During the period January 1, 2019 through April 8, 2019, the Company issued 166,998 shares of free trading Common Stock and 334,002 shares of restricted Common Stock to the board of directors as bonus compensation due under employment agreements. During the period January 1, 2019 through April 8, 2019, the Company issued 793,065 shares of free trading Common Stock and 520,000 shares of Common Stock to vendors as payment due pursuant to consulting agreements. Reverse Stock Split On January 30, 2019, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Delaware Secretary of State to effect a one-for-twenty reverse split of the issued and outstanding common stock. The consolidated financial statements and accompanying notes give effect to the reverse stock split as if they occurred at the first period presented. Underwriting Agreement On February 8, 2019, the Company entered into an Underwriting Agreement with investment bankers to issue and sell an aggregate of 10,800,000 shares of common stock, and warrants to purchase an aggregate of up to 8,100,000 shares of common stock, in an underwritten public offering. The warrants have a life of 5 years and are exercisable at a price of $1.25 per share. The Company granted the bankers an option to purchase, for a period of 30 days, up to an additional 1,120,000 shares and/or 840,000 Warrants. The net proceeds from the offering were approximately $12,731,250, after deducting underwriting discounts and estimated offering expenses. Preferred Stock Purchase and Conversion Agreement On March 8, 2019, the Company entered into a Purchase and Conversion Agreement (the “PCA”) with an institutional investor for (a) the repurchase by us of 499 shares of the Series C Preferred Stock and 31,765 shares of our Series E Preferred Stock from the investor, in exchange for an aggregate cash payment of $3,500,000, and (b) the conversion by the investor of 5,000 shares of Series E Preferred into 500,000 shares of common stock. Effective at closing, the classes of Series C Preferred and the Series E Preferred were cancelled and the Company no longer has any preferred shares of any class issued and outstanding. Subsidiary Dissolution On April 2, 2019, the Company filed a certificate of cancellation with the State of Delaware for the subsidiaries MagneGas Energy Solutions, LLC and MagneGas Europe, LLC.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The Company prepares its financial statements in conformity with U.S. GAAP. These principles require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that these estimates are reasonable; however, actual results could differ from those estimates. The consolidated financial statements presented include intangible assets, goodwill, fair value of assets and liabilities related to acquisitions, recoverability of deferred tax assets, collections of its receivables and the useful life of property, plant and equipment.
Business Combinations	Business Combinations The Company accounts for business combinations under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 805 “Business Combinations” using the acquisition method of accounting, and accordingly, the assets and liabilities of the acquired business are recorded at their fair values at the date of acquisition. The excess of the purchase price over the estimated fair value is recorded as goodwill. All acquisition costs are expensed as incurred. Upon acquisition, the accounts and results of operations are consolidated as of and subsequent to the acquisition date.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that subject the Company to credit risk consist principally of trade accounts receivable and cash. The Company performs certain credit evaluation procedures and does not require collateral for financial instruments subject to credit risk. The Company believes that credit risk is limited because the Company routinely assesses the financial strength of its customers and, based upon factors surrounding the credit risk of its customers, establishes an allowance for uncollectible accounts and, consequently, believes that its accounts receivable credit risk exposure beyond such allowances is limited. The Company maintains cash deposits with financial institutions which are insured by the Federal Deposit Insurance Corporation (“FDIC”), which, from time to time, may exceed federally insured limits. Cash is also maintained at foreign financial institutions. Cash in foreign financial institutions as of December 31, 2018 was $806,466. The Company has not experienced any losses and believes it is not exposed to significant credit risk from cash.
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents consist of cash, checking accounts, money market accounts and temporary investments with original maturities of three months or less when purchased. As of December 31, 2018, and 2017 the Company had no cash equivalents. Restricted cash consists of cash deposited with a financial institution for $806,466. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets that sum to the total of the same amounts show in the statement of cash flows. December 31, 2018 2017 Cash 1,598,737 586,824 Restricted deposits 806,466 - Total cash, cash equivalents and restricted cash in the balance sheet 2,405,203 586,824
Accounts Receivable	Accounts Receivable Accounts receivable consist of amounts due for the delivery of MagneGas sales to customers with payment terms of generally 30 days. An allowance for doubtful accounts is established for any amounts that may not be recoverable, which is based on an analysis of the Company’s customer credit worthiness, historical estimates, and current economic trends. Receivables are determined to be past due, based on payment terms of original invoices. The Company does not typically charge interest on past due receivables. The allowance for doubtful accounts was $418,997 and $101,063 as of December 31, 2018 and 2017, respectively.
Inventory	Inventory Inventory is stated at the lower of cost or net realizable value. Cost is determined using the first-in, first-out method. Inventory is comprised of hard goods and gases; consumables used in the production of gas, regulators and tips and work in process. Estimates of lower of cost or net realizable value are based upon economic conditions, historical sales quantities and patterns, and in some cases, the specific risk of loss on specifically identified inventories. The Company evaluates inventories on a regular basis to identify inventory on hand that may be slow moving.
Property and Equipment, Net	Property and equipment, net Property and equipment are stated at cost net of accumulated depreciation using the straight–line method at rates sufficient to charge the cost of depreciable assets to operations over their estimated useful lives, which range from three to thirty-nine and a half years. Leasehold improvements are amortized over the lesser of (a) the useful life of the asset; or (b) the remaining lease term. Expenditures for maintenance and repairs, which do not extend the economic useful life of the related assets, are charged to operations as incurred, and expenditures which extend the economic life are capitalized. When assets are retired, or otherwise disposed of, the costs and related accumulated depreciation or amortization are removed from the accounts and any gain or loss on disposal is recognized.
Impairment of Long-lived Assets	Impairment of Long-Lived Assets The Company assesses the recoverability of its long-lived assets, including property and equipment, when there are indications that the assets might be impaired. When evaluating assets for potential impairment, the Company compares the carrying value of the asset to its estimated undiscounted future cash flows. If an asset’s carrying value exceeds such estimated undiscounted cash flows, the Company records an impairment charge for the difference between the carrying amount of the asset and its fair value. Based on its assessments, the Company did not record any impairment charges for the year ended December 31, 2018 and 2017.
Intangible Assets, Net	Intangible assets, net The Company’s recorded intangible assets consist of intellectual property, non-compete agreements and customer relationships. Applicable long–lived assets are amortized or depreciated over the shorter of their estimated useful lives, the estimated period that the assets will generate revenue, or the statutory or contractual term. Estimates of useful lives and periods of expected revenue generation are reviewed periodically for appropriateness and are based upon management’s judgment. Intellectual property is amortized on the straight-line method over their useful lives of 15 years, customer relationships are amortized on the straight-line method over their useful lives of 10 years and non-compete agreements are amortized on the straight-line method over the length of the agreements which can range from 1 year to 10 years.
Goodwill and Other Indefinite-lived Assets	Goodwill and Other Indefinite-lived Assets The Company records goodwill and other indefinite-lived assets in connection with business combinations. Goodwill, which represents the excess of acquisition cost over the fair value of the net tangible and intangible assets of acquired companies, is not amortized. Indefinite-lived assets are stated at fair value as of the date acquired in a business combination. The Company assesses the recoverability of goodwill and certain indefinite-lived intangible assets annually in the fourth quarter and between annual tests if an event occurs or circumstances change that would indicate the carrying amount may be impaired. Impairment testing for goodwill is done at a reporting unit level. Under Financial Accounting Standards Board (“FASB”) guidance for goodwill and intangible assets, a reporting unit is defined as an operating segment or one level below the operating segment, called a component. However, two or more components of an operating segment will be aggregated and deemed a single reporting unit if the components have similar economic characteristics. The Company operates as one reporting unit. Authoritative accounting guidance allows the Company to first assess qualitative factors to determine whether it is necessary to perform the more detailed two-step quantitative goodwill impairment test. The Company performs the quantitative test if its qualitative assessment determined it is more likely than not that a reporting unit’s fair value is less than its carrying amount. The Company may elect to bypass the qualitative assessment and proceed directly to the quantitative test for any reporting unit or asset. The quantitative goodwill impairment test, if necessary, is a two-step process. The first step is to identify the existence of a potential impairment by comparing the fair value of a reporting unit (the estimated fair value of a reporting unit is calculated using a discounted cash flow model) with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, the reporting unit’s goodwill is considered not to be impaired and performance of the second step of the quantitative goodwill impairment test is unnecessary. However, if the carrying amount of a reporting unit exceeds its fair value, the second step of the quantitative goodwill impairment test is performed to measure the amount of impairment loss to be recorded, if any. The second step of the quantitative goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds its implied fair value, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined using the same approach as employed when determining the amount of goodwill that would be recognized in a business combination. That is, the fair value of the reporting unit is allocated to all of its assets and liabilities as if the reporting unit had been acquired in a business combination and the fair value was the purchase price paid to acquire the reporting unit. For the year ended December 31, 2018, annual goodwill and certain indefinite-lived intangible assets impairment tests, the Company elected to bypass the qualitative assessment and proceeded directly to the quantitative analysis using the market price of the stock and determined that no impairment was deemed to exist as of December 31, 2018.
Revenue Recognition	Revenue Recognition Effective January 1, 2018, the Company adopted ASC Topic 606, Revenue from Contracts with Customers ("ASC Topic 606"). The new revenue recognition guidance requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance requires an entity to follow a five-step model to (a) identify the contract(s) with a customer, (b) identify the performance obligations in the contract, (c) determine the transaction price, (d) allocate the transaction price to the performance obligations in the contract, and (e) recognize revenue when (or as) the entity satisfies a performance obligation. In determining the transaction price, an entity may include variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized would not occur when the uncertainty associated with the variable consideration is resolved. Revenues under Topic 606 are required to be recognized either at a “point in time” or “over time”, depending on the facts and circumstances of the arrangement, and will be evaluated using a five-step model. The adoption of Topic 606 did not have a material impact on the financial statements, either at initial implementation nor will it have a material impact on an ongoing basis. The Company principally generates revenue through three operating streams: (1) the sale of MagneGas fuel for metal cutting and through the sales of other industrial and specialty gases and related products through the Company’s wholly owned subsidiaries, (2) by providing consulting services and (3) through the sales of the Plasma Arc Flow Systems. The Company’s revenue recognition policy for the year ended December 31, 2018 is as follows: ● Revenue for metal-working fuel, industrial gases and welding supplies is recognized when performance obligations of the sale are satisfied. The majority of the Company’s terms of sale have a single performance obligation to transfer products. Accordingly, the Company recognizes revenue when control has been transferred to the customer, generally at the time of shipment of products. Under the previous revenue recognition accounting standard, the Company recognized revenue upon transfer of title and risk of loss, generally upon the delivery of goods. ● Consulting Services are earned through various arrangements. The Company applies the five-step process outlined in ASC 606 when recognizing revenue with regards to the consulting services: ○ The Company enters into a written consulting agreement with a customer to provide professional services and has an enforceable right to payment for its performance completed to date; ○ All of the promised services are identified to determine whether those services represent performance obligations; ○ In consideration for the services to be rendered, the Company expects to receive incremental payments during the term of the agreement; ○ Payments are estimated for each performance obligation and allocated in accordance with payment terms; and ○ The nature of the consulting services is such that the customer will receive benefits of the Company’s performance only when the customer receives the professional services. Consequently, the entity recognizes revenue over time by measuring the progress toward complete satisfaction of the performance obligation. ● Plasma Arc Flow Units Revenue generated from sales of each unit is recognized upon delivery and completion of the performance obiligation. Significant deposits are required before production commences. These deposits are classified as customer deposits.
Contract Balances	Contract Balances The timing of revenue recognition may differ from the timing of payment by customers. The Company records a receivable when revenue is recognized prior to payment and there is an unconditional right to payment. Alternatively, when payment precedes the provision of the related services, the Company records deferred revenue until the performance obligations are satisfied. The Company had deferred revenue of approximately $0 as of December 31, 2018. The Company expects to satisfy its remaining performance obligations for these services and recognize the deferred revenue and related contract costs over the next twelve months. The following table represents external net sales disaggregated by product category for the year ended December 31,: 2018 2017 Gas sold $ 5,979,409 $ 3,123,033 Equipment rentals 1,491,220 504,096 Equipment sales 1,992,120 - Other 250,434 92,323 Total Revenues from Customers 9,713,183 3,719,452 The Company also enters into sales transactions whereby customer orders contain multiple deliverables and reports its multiple deliverable arrangements under ASC 605-25 “Revenue Arrangements with Multiple Deliverables” (“ASC-605-25”). These multiple deliverable arrangements primarily consist of the following deliverables: the Company’s Plasma Arc Flow units, design, configuration, installation and training services. In situations where the Company bundles all or a portion of the separate elements, Vendor Specific Objective Evidence (“VSOE”) is determined based on prices when sold separately. For the years ended December 31, 2018 and 2017, multiple deliverable arrangements were immaterial.
Preferred Stock	Preferred Stock The Company applies the accounting standards for distinguishing liabilities from equity under U.S. GAAP when determining the classification and measurement of its Preferred stock. Preferred shares subject to mandatory redemption are classified as liability instruments and are measured at fair value. Conditionally redeemable preferred shares (including preferred shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, preferred shares are classified as permanent equity.
Advertising Costs	Advertising Costs The costs of advertising are expensed as incurred. Advertising expenses are included in the Company’s operating expenses. Advertising expense was $76,286 and $4,218 for the years ended December 31, 2018 and 2017, respectively.
Research and Development	Research and Development The Company expenses research and development costs when incurred. Research and development costs include engineering and laboratory testing of products and outputs. Research and development expense was $11,032 and $171,651 for the years ended December 31, 2018 and 2017, respectively.
Stock-based Compensation	Stock-Based Compensation The Company accounts for stock-based compensation costs under the provisions of Accounting Standards Codification 718, “Compensation—Stock Compensation” (“ASC 718”), which requires the measurement and recognition of compensation expense related to the fair value of stock-based compensation awards that are ultimately expected to vest. Stock based compensation expense recognized includes the compensation cost for all stock-based payments granted to employees, officers, and directors based on the grant date fair value estimated in accordance with the provisions of ASC 718. ASC 718 is also applied to awards modified, repurchased, or canceled during the periods reported. The Company incurred stock-based compensation charges, net of estimated forfeitures of $161,600 and $425,492 for the years ended December 31, 2018 and 2017, respectively and has included such amounts in selling, general and administrative expenses in the consolidated statement of operations.
Stock-based Compensation for Non-employees	Stock-Based Compensation for Non-Employees The Company accounts for warrants and options issued to non-employees under Accounting Standards Codification 505-50, “Equity – Equity Based Payments to Non-Employees”, using the Black-Scholes option-pricing model. The value of such non-employee awards unvested are re-measured over the vesting terms at each reporting date.
Warranty Liabilities	Warranty Liabilities The Company accrues an estimate of their exposure to warranty claims based on both current and historical product sales data and warranty costs incurred. The majority of the Company’s products carry a 1-year parts and labor warranty. Additional components carry a warranty from their own manufacturers. All such warranty details will be passed from Manufacturer to Buyer on or before delivery. The Company assesses the adequacy of their recorded warranty liability annually and adjusts the amount as necessary. As of December 31, 2018, and 2017, the accrued warranty liability was deemed to be immaterial.
Deferred Rent Expense	Deferred Rent Expense The Company has operating leases, which contain predetermined increases and rent holidays in the rentals payable during the term of such leases. For these leases, the aggregate rental expense over the lease term is recognized on a straight-line basis over the lease term. The difference between the expense charged to operations in any year and the amount payable under the lease during that year is recorded as deferred rent expense on the Company’s consolidated balance sheet, which will reverse to the statement of operations over the lease term.
Income Taxes	Income Taxes The Company accounts for income taxes under the liability method. Deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purpose, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized. The Company is subject to examination by U.S. tax authorities beginning with December 31, 2014.
Basic and Diluted Net (loss) Per Common Share	Basic and Diluted Net (Loss) per Common Share Basic (loss) per common share is computed by dividing the net (loss) by the weighted average number of shares of common stock outstanding for each period. Diluted (loss) per share is computed by dividing the net (loss) by the weighted average number of shares of common stock outstanding plus the dilutive effect of shares issuable through the common stock equivalents. As of December 31, 2018, and 2017 the Company’s common stock equivalents outstanding were as follows: December 31, 2018 2017 Options 11,553 767 Common Stock Warrants 2,336,528 11,111 Convertible preferred stock 13,512 7,395 Total common stock equivalents outstanding 2,361,593 19,273
Reclassification	Reclassification Certain accounts in the prior year’s consolidated financial statements have been reclassified for comparative purposes to conform to the presentation in the current year’s consolidated financial statements. These reclassifications have no effect on previously reported earnings.
Subsequent Events	Subsequent Events The Company evaluates events that have occurred after the balance sheet date, but prior to the date the financial statements are issued. Based upon the evaluation, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the consolidated financial statements, except as disclosed in Note 16.
Recent Accounting Standards	Recent Accounting Standards In February 2016, the FASB issued authoritative guidance under ASU 2016-02, Leases (Topic 842). ASU 2016-02 provides new comprehensive lease accounting guidance that supersedes existing lease guidance. Upon adoption of ASU 2016-02, the Company will be required to recognize most leases on its balance sheet at the beginning of the earliest comparative period presented with a corresponding adjustment to stockholders’ equity. ASU 2016-02 requires the Company to capitalize most current operating lease obligations as right-of-use assets with a corresponding liability based on the present value of future operating lease obligations. Criteria for distinguishing leases between finance and operating are substantially similar to criteria for distinguishing between capital leases and operating leases in existing lease guidance. Lease agreements that are 12 months or less are permitted to be excluded from the balance sheet. Topic 842 includes a number of optional practical expedients that the Company may elect to apply. Expanded disclosures with additional qualitative and quantitative information will also be required. The adoption will include updates as provided under ASU 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842 and ASU 2018-10, Codification Improvements to Topic 842, Leases. The Company is required to adopt this new guidance on January 1, 2019. The Company is currently evaluating the potential impact of adoption of this standard on its consolidated financial statements and the additional transition method under ASU 2018-11, which allows the Company to recognize Topic 842’s cumulative effect within retained earnings in the period of adoption. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230)” In June 2018, the FASB issued ASU No. 2018-07, Compensation — Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-13, Fair Value Measurement. ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, or adding certain disclosures. The amendments in ASU 2018-13 will be effective for fiscal years beginning after December 15, 2019. Early adoption is permitted. An entity is permitted to early adopt any removed or modified disclosures upon issuance of ASU No. 2018-13 and delay adoption of the additional disclosures until their effective date. The Company is currently evaluating the potential impact of adopting this guidance on its consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of Reconciliation Statement of Cash Flows	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets that sum to the total of the same amounts show in the statement of cash flows. December 31, 2018 2017 Cash 1,598,737 586,824 Restricted deposits 806,466 - Total cash, cash equivalents and restricted cash in the balance sheet 2,405,203 586,824
Schedule of Net Sales Disaggregation by Product Category	The following table represents external net sales disaggregated by product category for the year ended December 31,: 2018 2017 Gas sold $ 5,979,409 $ 3,123,033 Equipment rentals 1,491,220 504,096 Equipment sales 1,992,120 - Other 250,434 92,323 Total Revenues from Customers 9,713,183 3,719,452
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	As of December 31, 2018, and 2017 the Company’s common stock equivalents outstanding were as follows: December 31, 2018 2017 Options 11,553 767 Common Stock Warrants 2,336,528 11,111 Convertible preferred stock 13,512 7,395 Total common stock equivalents outstanding 2,361,593 19,273

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Schedule of Allocation of Consideration Transferred	The allocation of the consideration transferred is as follows: Cash $ 767,500 Total purchase price $ 767,500 Accounts receivable $ 44,349 Inventory 150,000 Cylinders 325,000 Trucks 10,000 Accounts payable assumed (148,720 ) Total purchase price allocation $ 380,629 Goodwill $ 386,871 The allocation of the consideration transferred is as follows: Cash $ 1,000,000 Shares issued in connection with acquisition 1,259,616 Total purchase price $ 2,259,616 Cash $ 15,749 Accounts receivable 252,116 Inventory 652,336 Cylinders 695,892 Trucks 282,056 Fixed assets 769,440 Accounts payable assumed (154,009 ) Total purchase price allocation $ 2,513,580 Gain on acquisition $ (253,964 ) The allocation of the consideration transferred is as follows: Cash $ 2,000,000 Total purchase price $ 2,000,000 Cash $ 71,742 Accounts receivable 487,951 Inventory 440,786 Customer relationships 468,000 Cylinders and trucks 297,792 Accounts payable assumed (985,755 ) Notes payable assumed (282,013 ) Capital leases (227,308 ) Deferred tax liability (117,000 ) Total purchase price allocation $ 154,195 Goodwill $ 1,845,805 The preliminary allocation of the consideration transferred is as follows: Cash $ 1,250,000 Total purchase price $ 1,250,000 Cash $ 43,133 Accounts receivable 106,516 Inventory 149,029 Trucks 105,691 Customer relationships 173,475 Accounts payable assumed (53,772 ) Deferred tax liability (36,430 ) Total purchase price allocation $ 487,643 Goodwill $ 762,357 The preliminary allocation of the consideration transferred is as follows: Cash $ 1,500,000 Total purchase price $ 1,500,000 Cash $ 57,778 Accounts receivable 92,499 Inventory 70,227 Trucks 62,774 Customer relationships 62,562 Accounts payable assumed (13,353 ) Deferred tax liability (13,138 ) Total purchase price allocation $ 319,349 Goodwill $ 1,180,651 The preliminary allocation of the consideration transferred is as follows: Cash $ 750,000 Total purchase price $ 750,000 Cash $ 20,552 Accounts receivable 135,180 Inventory 158,487 Cylinders 56,580 Other assets 17,923 Accounts payable assumed (65,291 ) Total purchase price allocation $ 323,433 Goodwill $ 426,567
Schedule of Proforma Information of Operations	The proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods. For the years ended December 31, 2018 2017 Revenues 12,822,889 11,987,795 Gross Profit 6,145,074 5,295,638 Operating Loss (14,010,635 ) (9,001,576 ) Net Loss (14,387,334 ) (8,289,180 ) Weighted Average Common Stock Outstanding 2,491,435 35,996 Loss per Common Share – Basic and Diluted (5.77 ) (230.28 )

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value on Recurring Basis Using Significant Unobservable Inputs (level 3)	The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the years ended December 31, 2017: Embedded Total Warrant Conversion Derivative Liability Feature Liabilities Balance – December 31, 2016 7,195,617 504,968 7,700,585 Change in fair value (2,131,990 ) (123,332 ) (2,255,322 ) Reclassification of derivative liabilities to equity (396,854 ) (30,714 ) (427,568 ) Derivative extinguishment (4,666,773 ) (350,922 ) (5,017,695 ) Balance – December 31, 2017 - - -
Schedule of Fair Value on Recurring and Nonrecurring Valuation Techniques	Assumptions utilized in the valuation of Level 3 liabilities for the year ended December 31, 2017 are described as follows: Risk free interest rate 0.2% to 1.94 % Term (in years) 0.25 to 7.07 Volatility 62% to 142 % Dividends $ 0

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory	December 31, 2018 2017 Raw Materials 26,568 24,472 Finished Goods 1,926,576 714,478 WIP 968,356 862,949 Total Inventory 2,921,500 1,601,899

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Estimated useful life December 31, 2018 December 31, 2017 Machinery and equipment 3 – 5 years $ 807,859 $ 482,263 Furniture and office equipment 5 – 7 years 397,779 182,305 Transportation 3 – 5 years 884,623 222,144 Production units 5 – 30 years 8,023,689 4,910,736 Building 39.5 years 2,255,451 2,237,257 12,369,401 8,034,705 Accumulated depreciation and amortization (2,683,298 ) (2,032,265 ) $ 9,686,103 $ 6,002,440

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The Company’s intangible assets consisted of the following: Estimated useful life Weighted average remaining life December 31, 2018 December 31, 2017 Intellectual property 15 years 12.87 $ 898,876 $ 869,502 Customer relationships 10 years 9.65 704,037 - Non-compete agreements 1-10 years 4.67 2,600,000 - Less: Accumulated amortization (824,150 ) (457,171 ) Intangible assets, net $ 3,378,764 $ 412,331
Schedule of Future Amortization Expense	The following table outlines estimated future annual amortization expense for the next five years and thereafter: December 31, 2019 $ 587,866 2020 579,533 2021 579,533 2022 579,533 2023 442,194 Thereafter 610,105 Total $ 3,378,764

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill Outstanding	Goodwill outstanding as of December 31, 2018 and 2017 consisted of the following: Goodwill December 31, 2016 2,108,780 Acquisitions - Impairments - December 31, 2017 2,108,780 Acquisitions 4,581,943 Impairments - December 31, 2018 6,690,724

Capitalized Leases (Tables)

Capitalized Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases	At December 31, 2018, annual minimum future lease payments under the capital leases are as follows: For the year ending December 31, Amount 2019 101,565 2020 91,420 2021 70,820 2022 40,034 2023 11,507 2024 3,730 Total minimum lease payments 319,075 Less amount representing interest 25,478 Present value of minimum lease payments 293,597 Less current portion of minimum lease 90,303 Long-term present value of minimum lease payment $ 203,294

Notes Payable (Tables)

Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Annual Minimum Future Payments Under Notes Payable	At December 31, 2018, annual minimum future payments under the notes payable are as follows: For the year ending December 31, Amount 2019 94,008 2020 49,352 2021 32,230 Total minimum lease payments 175,590

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Options Outstanding	Options outstanding as of December 31, 2018 and 2017 consisted of the following: Weighted Weighted Average Average Options Exercise Remaining Intrinsic Outstanding Price Life in Years Value December 31, 2016 1,625 1,870.80 1.23 272 Granted - Exercised - Forfeited - Expired (858 ) 694.60 December 31, 2017 767 3,186.80 1.58 - Granted 11,250 18.57 10.00 - Exercised - Forfeited - Expired (464 ) 3,393.23 - - December 31, 2018 11,553 93.89 8.84 - Exercisable at December 31, 2018 9,012
Schedule of Stock Options Valuation Assumptions	Key weighted-average assumptions used to apply this pricing model during the year ended December 31, 2018 were as follows: Risk free interest rate 2.84 % Expected term 10 years Volatility 183 % Dividends $ 0
Common Stock Warrant [Member]
Schedule of Warrants Outstanding	Warrants outstanding as of December 31, 2018 and 2017 consisted of the following: Weighted Weighted Average Average Warrants Exercise Remaining Outstanding Price Life in Years December 31, 2016 7,664 2,730.00 5.80 Granted 11,111 9,112.60 5.00 Exercised (265 ) 300.00 Forfeited/Exchanged - - Expired (7,400 ) 2,730.00 December 31, 2017 11,111 9,112.60 4.45 Granted 2,329,167 6.60 2.17 Exercised (3,750 ) 0.20 Expired - December 31, 2018 2,336,528 49.92 1.90 Exercisable at December 31, 2018 2,336,528
Preferred Stock Warrant [Member]
Schedule of Warrants Outstanding	Warrants outstanding to purchase Series C Preferred Stock as of December 31, 2018 consisted of the following: Weighted Weighted Average Average Warrants Exercise Remaining Outstanding Price Life in Years December 31, 2017 24,925 900 5.45 Granted - Exercised (3,528 ) 900 Forfeited/Exchanged - Expired - December 31, 2017 21,397 900 4.45 Granted - Exercised (20,973 ) 900 Forfeited/Exchanged - Expired - December 31, 2018 424 900 3.45 Exercisable at December 31, 2018 424

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Minimum Future Lease Payments Under Operating Lease	At December 31, 2018, annual minimum future lease payments under these operating leases are as follows: For the year ending December 31, Amount 2019 683,588 2020 663,259 2021 664,859 2022 664,859 2023 664,859 Total minimum lease payments 3,341,423

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense (benefit) consisted of the following for the years ended December 31, 2018 2017 U.S. federal Current: - - Deferred - 3,160,000 State and local Current - - Deferred - (1,000,000 ) Total - 2,160,000 Change in valuation allowance - (2,160,000 ) Income Tax Provision - -
Schedule of Effective Income Tax Rate Reconciliation	The reconciliation between the U.S. statutory federal income tax rate and the Company’s effective rate for the years ended December 31, 2018 and 2017 is as follows: 2018 2017 U.S. federal statutory rate 21.00 % 34.00 % State income taxes, net of federal benefit 5.07 % 4.22 % Other permanent items (0.04 )% 4.74 % Effect of federal tax rate change - % (66.97 )% Effect of state tax rate change - % 3.76 % Return to provision true-up (2.97 )% (0.03 )% Change in valuation allowance (27.66 )% 20.27 % Other 4.61 % - % Effective rate 0.00 % 0.00 %
Schedule of Deferred Tax Assets and Liabilities	As of December 31, 2018, and 2017, the Company’s deferred tax assets (liabilities) consisted of the effects of temporary differences attributable to the following: 2018 2017 Deferred tax assets Net Operating Loss carryover $ 17,974,275 $ 14,161,596 Stock-based compensation 548,929 602,872 Business interest limitation 48,720 - Charitable contribution carryforward 224 - Bad debt allowance 325,252 27,874 Intangible assets book/tax difference 67,331 - Inventory reserve - 12,720 Total deferred tax asset 18,964,733 14,805,062 Less reserve for allowance 18,964,733 14,805,062 Total Deferred tax asset net of valuation allowance $ - $ -

Going Concern and Managements_2

Going Concern and Managements' Plan (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash	$ 1,598,737	$ 586,824
Net loss	15,036,843	11,024,388
Cash in operation	9,393,643	4,787,876
Working capital	2,706,268
Accumulated deficit	79,619,711	$ 64,582,868
Cash burn rate amount	$ 785,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)Segment	Dec. 31, 2017USD ($)
Cash in foreign financial institution	$ 806,466
Restricted deposit	806,466
Cash equivalents
Allowance for doubtful accounts	$ 418,997	101,063
Number of reporting segment unit | Segment	1
Asset impairment charges
Deferred revenue	0
Advertising expense	76,286	4,218
Research and development expense	11,032	171,651
Stock based compensation	$ 378,600	$ 425,492
Intellectual Property [Member]
Estimated useful lives of intangible assets	15 years
Customer Relationships [Member]
Estimated useful lives of intangible assets	10 years
Minimum [Member]
Property and equipment estimated useful life	3 years
Minimum [Member] | Non Compete Agreements [Member]
Estimated useful lives of intangible assets	1 year
Maximum [Member]
Property and equipment estimated useful life	39 years 6 months
Maximum [Member] | Non Compete Agreements [Member]
Estimated useful lives of intangible assets	10 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Reconciliation Statement of Cash Flows (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Cash	$ 1,598,737	$ 586,824
Restricted deposits	806,466
Total cash, cash equivalents and restricted cash in the balance sheet	$ 2,405,203	$ 586,824

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Net Sales Disaggregation by Product Category (Details) - Sales Revenue [Member] - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenues from Customers	$ 9,713,183	$ 3,719,452
Gas Sold [Member]
Revenues from Customers	5,979,409	3,123,033
Equipment Rentals [Member]
Revenues from Customers	1,491,220	504,096
Equipment Sales [Member]
Revenues from Customers	1,992,120
Other [Member]
Revenues from Customers	$ 250,434	$ 92,323

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total common stock equivalents outstanding	2,361,593	19,237
Options [Member]
Total common stock equivalents outstanding	11,553	767
Common Stock Warrants [Member]
Total common stock equivalents outstanding	2,336,528	11,111
Convertible Preferred Stock [Member]
Total common stock equivalents outstanding	13,512	7,395

Acquisitions (Details Narrative

Acquisitions (Details Narrative) - USD ($)	Oct. 26, 2018	Oct. 22, 2018	Oct. 17, 2018	Apr. 03, 2018	Feb. 16, 2018	Jan. 19, 2018
Total purchase price	$ 750,000	$ 1,500,000	$ 1,250,000	$ 2,000,000	$ 2,259,616	$ 767,500
Business broker commission						22,500
Cash payment	$ 750,000	$ 1,500,000	$ 1,250,000	2,000,000	1,000,000	767,500
Issuance of number of restricted common stock, value					1,259,616
Trico Welding Supplies, Inc [Member] | Robert Baker, Joseph Knieriem [Member] | Securities Purchase Agreement Execution [Member]
Gross purchase price of capital stock purchase				$ 1,000,000
Asset Purchase Agreement [Member] | GGNG Enterprises Inc [Member]
Total purchase price						$ 767,500
Asset Purchase Agreement [Member] | Green Arc Supply, L.L.C. [Member]
Total purchase price					2,259,616
Cash payment					$ 1,000,000
Asset Purchase Agreement [Member] | Green Arc Supply, L.L.C. [Member] | Restricted Stock [Member]
Number of restricted shares issued					961,539
Issuance of number of restricted common stock, value					$ 1,259,616
Securities Purchase Agreement [Member] | Trico Welding Supplies, Inc [Member] | Robert Baker, Joseph Knieriem [Member]
Ownership percentage				100.00%
Gross purchase price of capital stock purchase				$ 2,000,000
Consulting fees				$ 547,810
Securities Purchase Agreement [Member] | Paris Oxygen Company [Member] | Ronald Ruyle, Charlotte Ruyle, Jered Ruyle and Janson Ruyle [Member]
Ownership percentage			100.00%
Gross purchase price of capital stock purchase			$ 1,250,000
Consulting fees			$ 3,000
Securities Purchase Agreement [Member] | Latex Welding Supply, Inc [Member] | Melvin E. Ruyle [Member]
Ownership percentage		100.00%
Gross purchase price of capital stock purchase		$ 1,500,000
Consulting fees		$ 3,000
Securities Purchase Agreement [Member] | United Welding Specialties of Longview, Inc [Member]
Ownership percentage	100.00%
Gross purchase price of capital stock purchase	$ 750,000
Consulting fees	$ 3,000

Acquisitions - Schedule of Allo

Acquisitions - Schedule of Allocation of Consideration Transferred (Details) - USD ($)	Oct. 26, 2018	Oct. 22, 2018	Oct. 17, 2018	Apr. 03, 2018	Feb. 16, 2018	Jan. 19, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Business Combinations [Abstract]
Cash	$ 750,000	$ 1,500,000	$ 1,250,000	$ 2,000,000	$ 1,000,000	$ 767,500
Total purchase price	750,000	1,500,000	1,250,000	2,000,000	2,259,616	767,500
Shares issued in connection with acquisition					1,259,616
Accounts Receivable	135,180	92,499	106,516	487,951	252,116	44,349
Inventory	158,487	70,227	149,029	440,786	652,336	150,000
Cylinders	56,580				695,892	325,000
Trucks		62,774	105,691		282,056	10,000
Accounts payable assumed	(65,291)	(13,353)	(53,772)	(985,755)	(154,009)	(148,720)
Cash	20,552	57,778	43,133	71,742	15,749
Fixed assets					769,440
Customer relationships		62,562	173,475	468,000
Cylinders and trucks				297,792
Notes payable assumed				(282,013)
Capital leases				(227,308)
Deferred tax liability		(13,138)	(36,430)	(117,000)
Other assets	17,923
Total purchase price allocation	323,433	319,349	487,643	154,195	2,513,580	380,629
Goodwill	$ 426,567	$ 1,180,651	$ 762,357	$ 1,845,805		$ 386,871	$ 6,690,724	$ 2,108,781	$ 2,108,780
Gain on acquisition					$ (253,964)

Acquisitions - Schedule of Prof

Acquisitions - Schedule of Proforma Information of Operations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Business Combinations [Abstract]
Revenues	$ 12,822,889	$ 11,987,795
Gross Profit	6,145,074	5,295,638
Operating Loss	(14,010,635)	(9,001,576)
Net Loss	$ (14,387,334)	$ (8,289,180)
Weighted Average Common Stock Outstanding	2,491,435	35,996
Loss per Common Share - Basic and Diluted	$ (5.77)	$ (230.28)

Fair Value (Details Narrative)

Fair Value (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Impairment charges
Dividend payments		$ 0

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Value on Recurring Basis Using Significant Unobservable Inputs (level 3) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Balance, beginning	$ 7,700,585
Change in fair value	(2,255,322)
Reclassification of derivative liabilities to equity	(427,568)
Derivative extinguishment	(5,017,695)
Balance, ending		$ 7,700,585
Warrant Liability [Member]
Balance, beginning		7,195,617
Change in fair value		(2,131,990)
Reclassification of derivative liabilities to equity		(396,854)
Derivative extinguishment		(4,666,773)
Balance, ending
Embedded Conversion Feature [Member]
Balance, beginning		504,968
Change in fair value		(123,332)
Reclassification of derivative liabilities to equity		(30,714)
Derivative extinguishment		(350,922)
Balance, ending

Fair Value - Schedule of Fair_2

Fair Value - Schedule of Fair Value on Recurring and Nonrecurring Valuation Techniques (Details) - Valuation Technique, Option Pricing Model [Member]	12 Months Ended
	Dec. 31, 2017
Risk Free Interest Rate [Member] | Minimum [Member]
Fair value assumptions, measurement input, percentages	0.20%
Risk Free Interest Rate [Member] | Maximum [Member]
Fair value assumptions, measurement input, percentages	1.94%
Term [Member] | Minimum [Member]
Fair value assumptions, measurement input, term	2 months 30 days
Term [Member] | Maximum [Member]
Fair value assumptions, measurement input, term	7 years 26 days
Volatility [Member] | Minimum [Member]
Fair value assumptions, measurement input, percentages	62.00%
Volatility [Member] | Maximum [Member]
Fair value assumptions, measurement input, percentages	142.00%
Dividend [Member]
Fair value assumptions, measurement input, percentages	0.00%

Inventory (Details Narrative)

Inventory (Details Narrative) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Inventory net	$ 2,921,500	$ 1,601,899

Inventory - Schedule of Invento

Inventory - Schedule of Inventory (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Raw Materials	$ 26,568	$ 24,472
Finished Goods	1,926,576	714,478
WIP	968,356	862,949
Total Inventory	$ 2,921,500	$ 1,601,899

Property and Equipment, Net (De

Property and Equipment, Net (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 697,633	$ 616,480

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property and Equipment, Gross	$ 12,369,401	$ 8,034,705
Accumulated depreciation and amortization	(2,683,298)	(2,032,265)
Property and Equipment, Net	$ 9,686,103	6,002,440
Minimum [Member]
Estimated useful life	3 years
Maximum [Member]
Estimated useful life	39 years 6 months
Machinery and Equipment [Member]
Property and Equipment, Gross	$ 807,859	482,263
Machinery and Equipment [Member] | Minimum [Member]
Estimated useful life	3 years
Machinery and Equipment [Member] | Maximum [Member]
Estimated useful life	5 years
Furniture and Office Equipment [Member]
Property and Equipment, Gross	$ 397,779	182,305
Furniture and Office Equipment [Member] | Minimum [Member]
Estimated useful life	5 years
Furniture and Office Equipment [Member] | Maximum [Member]
Estimated useful life	7 years
Transportation [Member]
Property and Equipment, Gross	$ 884,623	222,144
Transportation [Member] | Minimum [Member]
Estimated useful life	3 years
Transportation [Member] | Maximum [Member]
Estimated useful life	5 years
Production Units [Member]
Property and Equipment, Gross	$ 8,023,689	4,910,736
Production Units [Member] | Minimum [Member]
Estimated useful life	5 years
Production Units [Member] | Maximum [Member]
Estimated useful life	30 years
Building [Member]
Property and Equipment, Gross	$ 2,255,451	$ 2,237,257
Estimated useful life	39 years 6 months
Parts [Member]
Estimated useful life	0 years

Intangible Assets, Net (Details

Intangible Assets, Net (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Amortization expense	$ 183,579	$ 1,030,372
Intangible Assets [Member]
Amortization expense	$ 366,320	$ 55,894

Intangible Assets, Net - Schedu

Intangible Assets, Net - Schedule of Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Less: Accumulated amortization	$ (824,150)	$ (457,171)
Intangible assets, net	$ 3,378,764	412,331
Intellectual Property [Member]
Estimated useful life	15 years
Weighted average remaining life	12 years 10 months 14 days
Total intangible assets, gross	$ 898,876	869,502
Customer Relationships [Member]
Estimated useful life	10 years
Weighted average remaining life	9 years 7 months 24 days
Total intangible assets, gross	$ 704,037
Non Compete Agreements [Member]
Weighted average remaining life	4 years 8 months 2 days
Total intangible assets, gross	$ 2,600,000
Non Compete Agreements [Member] | Minimum [Member]
Estimated useful life	1 year
Non Compete Agreements [Member] | Maximum [Member]
Estimated useful life	10 years

Intangible Assets, Net - Sche_2

Intangible Assets, Net - Schedule of Future Amortization Expense (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
2019	$ 587,866
2020	579,533
2021	579,533
2022	579,533
2023	442,194
Thereafter	610,105
Total	$ 3,378,764	$ 412,331

Goodwill - Schedule of Goodwill

Goodwill - Schedule of Goodwill Outstanding (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill outstanding, beginning balance	$ 2,108,781	$ 2,108,780
Acquisitions of goodwill	4,581,943
Impairments of goodwill
Goodwill outstanding, ending balance	$ 6,690,724	$ 2,108,781

Capitalized Leases (Details Nar

Capitalized Leases (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
Capital lease expiration period, description	The Company has equipment under various capital leases expiring through August 2024.
Capital lease asset, gross	$ 293,597	$ 91,299
Capital lease asset, accumulated amortization	$ 80,595	$ 22,725
Capital lease obligation, interest rate	6.00%

Capitalized Leases - Schedule o

Capitalized Leases - Schedule of Future Minimum Lease Payments for Capital Leases (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
2019	$ 101,565
2020	91,420
2021	70,820
2022	40,034
2023	11,507
2024	3,730
Total minimum lease payments	319,075
Less amount representing interest	25,478
Present value of minimum lease payments	293,597
Less current portion of minimum lease	90,303	$ 27,460
Long-term present value of minimum lease payment	$ 203,294

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	Dec. 31, 2017	Nov. 15, 2017	Apr. 11, 2017	Apr. 03, 2017	Sep. 30, 2014	Dec. 31, 2018	Dec. 31, 2017	Apr. 03, 2018
Accreted discount						$ 183,579	$ 65,796
Promissory Note [Member]
Note interest rate					6.50%
Note due date					Oct. 1, 2024
Debt instrument interest						520,000	$ 520,000
Debt principal amount					$ 520,000
Notes Payable [Member]
Debt instrument interest						$ 175,590
Debt principal amount								$ 282,013
Notes Payable [Member] | Minimum [Member]
Note interest rate								4.75%
Notes Payable [Member] | Maximum [Member]
Note interest rate								6.75%
Short Term Note Agreement [Member]
Note interest rate		25.00%
Proceeds from short term debt		$ 500,000
Agreement term		12 months				12 months
Balloon payment to be paid		$ 625,000
Debt monthly payment		10,417
Commitment fees		$ 125,000				$ 250,000
Debt principal amount						750,000
Accreted discount						250,000
Board of Directors [Member]
Note payable related party				$ 50,000
Note interest rate	15.00%			15.00%			15.00%
Note due date	Jul. 3, 2017			Jul. 3, 2017
Repayments of Debt						50,000
Debt instrument interest						3,750
Debt monthly payment						50,000
Chief Technology Officer [Member]
Note payable related party			$ 50,000
Note interest rate	15.00%		15.00%				15.00%
Note due date	Jul. 11, 2017		Jul. 11, 2017
Repayments of Debt						50,000
Debt instrument interest						3,750
Debt monthly payment						$ 50,000

Notes Payable - Schedule of Ann

Notes Payable - Schedule of Annual Minimum Future Payments Under Notes Payable (Details)	Dec. 31, 2018USD ($)
Debt Disclosure [Abstract]
2019	$ 94,008
2020	49,352
2021	32,230
Total minimum lease payments	$ 175,590

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Nov. 02, 2018	Jun. 27, 2018	Apr. 04, 2018	Feb. 16, 2018	Jan. 16, 2018	Sep. 15, 2017	Jun. 15, 2017	Jun. 12, 2017	May 18, 2017	May 09, 2017	Dec. 31, 2018	Dec. 31, 2017	Oct. 26, 2018	Oct. 22, 2018	Oct. 17, 2018	Apr. 03, 2018
Stockholders' equity, reverse stock split					one-for-fifteen reverse split				one-for-ten reverse split
Number of common stock issued during period, value											$ 8,720,250
Warrants exercisable price per share								$ 900
Common shares issued for services, value											3,116,258	$ 2,971,465
Stock based compensation											$ 378,600	$ 425,492
Number of shares remain unvested											372,842
Shares issued to settled outstanding liabilities										5,652,500	36,073	667
Shares issued to settled outstanding liabilities, value											$ 564,873	$ 48,201
Loss on settlement of liabilities											$ 41,696	$ 11,715
Common stock issued for exercise of warrants, shares											3,750	265
Proceeds from exercise of warrants											$ 750	$ 7,937
Cash payment				$ 15,749									$ 20,552	$ 57,778	$ 43,133	$ 71,742
Deemed dividend											$ 4,282,300	$ 4,974,182
Preferred stock stated value											$ 0.001	$ 0.001
Convertible preferred stock shares issued upon conversion								646
Warrants cancelled										73,995
Loss on extinguishment of debt												$ (513,725)
Proceeds from stock issuance cost											$ 18,875,700	$ 3,771,013
2014 Equity Incentive Award Plan [Member]
Shares issued upon exercise of outstanding options											11,553	767
Shares remaining available for future issuance under equity compensation plans											3,827,083
Maxim Group, LLC [Member]
Warrants exercisable price per share											$ 990
Warrants exercisable term											5 years
Cash payable on gross proceeds, percentage											6.00%
Number of warrants to purchase common stock											11,111
Warrant term											5 years
Series A Preferred Stock [Member]
Number of common stock issued during period, shares
Number of common stock issued during period, value
Common shares issued for services, shares
Common shares issued for services, value
Outstanding shares repurchased, value	$ 1,000,000
Series A preferred stock, shares issued											0	1,000,000
Series A preferred stock, shares outstanding											0	1,000,000
Series A Preferred Stock [Member]
Outstanding shares repurchased, value	2,185,000
Series A preferred stock, shares issued											0	1,000
Series A preferred stock, shares outstanding											0	1,000
Deemed dividend	$ 2,185,000
Series B Preferred Stock [Member]
Shares issued to settled outstanding liabilities										2,700
Shares issued to settled outstanding liabilities, value										$ 350,922
Series A preferred stock, shares issued											0	0
Series A preferred stock, shares outstanding											0	0
Preferred stock shares designated										2,700
Conversion of stock, shares converted price per share										$ 900
Conversion of stock, shares converted												2,700
Series C Preferred Stock [Member]
Preferred stock shares designated							25,000
Preferred stock stated value							$ 1,000
Conversion of stock, shares converted price per share							$ 900
Preferred stock dividend percentage							18.00%
Preferred stock redemption amount, percentage							103.00%
Preferred outstanding stated value												$ 115,000
Series C Preferred Stock [Member] | Alternate Conversion Price One [Member]
Preferred stock conversion terms							The lower of (A) the applicable conversion price as then in effect and (B) the greater of (x) $105 and (y) the lowest of (i) 85% of the Value Weighted Average Price ("VWAP") of the common stock as of the trading day immediately preceding the delivery or deemed delivery of the applicable conversion notice, (ii) 85% of the VWAP of the common stock as of the trading day of the delivery or deemed delivery of the applicable conversion notice and (iii) 85% of the price computed as the quotient of (I) the sum of the VWAP of the common stock for each of the ten (10) trading days with the lowest VWAP of the common stock during the twenty (20) consecutive trading day period ending and including the trading day immediately preceding the delivery or deemed delivery of the applicable conversion notice, divided by (II) ten (10).
Series C Preferred Stock [Member] | Alternate Conversion Price Two [Member]
Preferred stock conversion terms							In lieu of conversion, upon a triggering event, the holder may require the Company to redeem all or any of the Preferred Shares at a price equal to the greater of (i) the product of (A) the conversion amount of the Preferred Shares to be redeemed multiplied by (B) a redemption premium of 115% and (ii) the product of (X) the conversion rate with respect to the conversion amount in effect at such time of redemption multiplied by (Y) the product of (1) a redemption premium of 115% multiplied by (2) the greatest closing sale price of the common stock on any trading day during the period commencing on the date immediately preceding such Triggering Event and ending on the date the Company makes the entire redemption payment.
Series C Preferred Stock [Member] | Alternate Conversion Price Three [Member]
Preferred stock conversion terms							The Company may, at its option following notice to each holder, redeem such amount of Preferred Shares by paying to each holder the corresponding installment amount in cash. The applicable installment conversion price with respect to a particular date of determination, shall be equal to the lower of (A) the conversion price then in effect and (B) the greater of (x) $105 and (y) the lower of (i) 85% of the VWAP of the common stock as of the trading day immediately preceding the applicable Installment Date and (ii) 85% of the quotient of (A) the sum of the VWAP of the common stock for each of the ten (10) trading days with the lowest VWAP of the common stock during the twenty (20) consecutive trading day period ending and including the trading day immediately prior to the applicable Installment Date, divided by (B) ten (10).
Common Stock Warrants [Member]
Intrinsic value of warrants outstanding											0	0
Intrinsic value of warrants exercisable											0	0
Preferred Stock Warrants [Member]
Intrinsic value of warrants outstanding											0	0
Intrinsic value of warrants exercisable											$ 0	$ 0
Advisors Director and Consultants [Member]
Common shares issued for services, shares											278,645
Common shares issued for services, value											$ 3,177,100
Stock based compensation											$ 2,804,258
Consultants [Member]
Common shares issued for services, shares												12,517
Common shares issued for services, value												$ 3,181,167
Investor [Member] | Series F Convertible Preferred Stock [Member]
Number of shares converted into common stock											156,605
Conversion of stock, shares converted											817,670
Preferred outstanding stated value											$ 556,016
Securities Purchase Agreement [Member]
Shares issued price per share								$ 900
Warrants exercisable price per share											$ 4.64
Series A preferred stock, shares issued								75
Securities Purchase Agreement [Member] | Series C Preferred Stock [Member]
Number of common stock issued during period, shares								25,000,000
Securities Purchase Agreement [Member] | Series C Convertible Preferred Warrants [Member]
Number of common stock issued during period, shares								25,000,000
Securities Purchase Agreement [Member] | Investor [Member]
Warrants to purchase of common stock											1,090,000
Warrants exercisable price per share											$ 7.31
Warrant expiring date											Apr. 14, 2022
Securities Purchase Agreement [Member] | Investor [Member] | Common Stock Warrants [Member]
Warrants to purchase of common stock											1,235,417
Warrants exercisable price per share											$ 6
Warrant expiring date											Aug. 31, 2019
Asset Purchase Agreement [Member]
Total purchase price			$ 500,000	2,500,000
Cash payment				$ 1,000,000
Issuance of number of shares of restricted common stock, shares				48,077
Issuance of number of shares of restricted common stock				$ 1,259,616
Exchange Agreement [Member] | Series B Preferred Stock [Member]
Preferred stock shares designated										2,700
Preferred stock stated value										$ 1,000
Conversion of stock, shares converted price per share										$ 900
Convertible preferred stock shares issued upon conversion										3,000
Securities Settlement Agreement [Member] | Maxim Group, LLC [Member]
Aggregate amount of convertible preferred stock		$ 556,016
Securities Settlement Agreement [Member] | Series F Convertible Preferred Stock [Member]
Number of common stock issued during period, shares		817,670
Shares issued price per share		$ 13.60
Number of common stock issued during period, value		$ 556,016
Reduction of preferred stock outstanding		$ 556,016
Common Stock [Member]
Number of common stock issued during period, shares											2,325,417
Number of common stock issued during period, value											$ 2,325
Common shares issued for services, shares											278,645	10,183
Common shares issued for services, value											$ 279	$ 10
Shares issued to settled outstanding liabilities										333
Outstanding shares repurchased	250,000
Conversion of stock, shares converted price per share												$ 900
Conversion of stock, shares converted												3,000
Common Stock [Member] | Securities Purchase Agreement [Member]
Number of common stock issued during period, shares											2,325,417
Warrants to purchase of common stock											2,325,417
Number of common stock issued during period, value											$ 8,720,250
Common Stock [Member] | Securities Purchase Agreement [Member] | Minimum [Member]
Shares issued price per share											$ 3
Warrants exercisable price per share											$ 6
Common stock warrants, termination date											Aug. 31, 2019
Placement agents received cash fees percentage											1.00%
Common Stock [Member] | Asset Purchase Agreement [Member]
Placement agents received cash fees											$ 387,903
Common Stock [Member] | Asset Purchase Agreement [Member] | Maximum [Member]
Shares issued price per share											$ 4.64
Warrants exercisable price per share											$ 7.31
Common stock warrants, termination date											Apr. 11, 2022
Placement agents received cash fees percentage											6.00%
Common Stock [Member] | Exchange Agreement [Member]
Warrants exercisable										73,995
Number of shares converted into common stock										3,333
Warrants [Member]
Derivative liability												$ 396,854
Warrant [Member]
Stock based compensation											$ 302,589
Proceeds from exercise of warrants											$ 750
Warrants exercisable											3,750
Fair value of warrants										$ 4,666,773
Fair value of common stock warrants											$ 316,501
Common Stock Purchase Warrants [Member] | Securities Purchase Agreement [Member]
Number of common stock issued during period, shares								25,000,000
Preferred Warrants [Member]
Warrants exercisable price per share								$ 900
Warrants exercisable								24,925
Common Stock Warrants [Member]
Warrants exercisable price per share								$ 900
Common stock issued for exercise of warrants, shares											3,750	265
Proceeds from exercise of warrants											$ 750	$ 7,937
Warrants exercisable								11,111
Common stock conversion features description								The Common Stock Warrants are exercisable for 11,111 shares of common stock, representing thirty-five percent (35%) of the total number of shares of common stock initially issuable upon conversion of the Preferred Shares. The exercise price of the Common Stock Warrants is $900 per share and are exercisable for 5 years.
Warrants exercisable term								5 years
Series C Convertible Preferred Warrants [Member] | Warrant Holder [Member]
Number of warrants exercised											21,088	3,528
Series C Convertible Preferred Shares [Member] | Warrant Holder [Member]
Number of warrants exercised											21,088	3,528
Conversion of stock, shares converted											21,088	3,413
Preferred Stock [Member]
Preferred stock stated value						$ 1.36
Preferred Stock [Member] | Warrant Holder [Member]
Number of shares converted into common stock											4,538,317	31,724
Conversion of stock shares converted, value											$ 21,088,000	$ 3,413,000
Preferred Stock [Member] | Warrant Holder [Member] | Series C Preferred Stock [Member]
Beneficial conversion feature, amount											2,097,300	3,528,000
Series C Convertible Preferred Stock [Member]
Preferred stock outstanding value											0	115
Preferred outstanding stated value											$ 0	$ 115,000
Series E Convertible Preferred Stock [Member]
Warrants exercisable price per share												$ 27.20
Preferred stock stated value						0.001
Conversion of stock, shares converted price per share						$ 27.20
Convertible preferred stock shares issued upon conversion												36,765
Number of shares converted into common stock											280,110	139,007
Preferred stock dividend percentage						18.00%
Preferred stock conversion terms						At any time after the occurrence of a triggering event the holder may, at its option, convert the Series E Convertible Preferred Stock under an alternate conversion price which is the lower of the applicable conversion price in effect on the applicable conversion date of the applicable alternate conversion and the greater of thefollowing: a) the floor price and the lowest of 75% of the closing bid price of the common Stock as of the trading day immediately preceding the delivery or deemed delivery of the applicable conversion notice, b) 75% of the variable weighted average price of the common stock as defined in the preferred designation
Preferred stock redemption amount, percentage						75.00%
Common stock conversion features description						In addition, under the Series E Convertible Preferred Stock designation holders representing at 65% of the aggregate stated value amount of the Preferred Shares then outstanding shall be required for any change, waiver or amendment to the certificate of designations provided, that 65% must include the holders as long as they beneficially own any preferred shares.
Number of warrants exercised												419,117
Conversion of stock, shares converted						455,882
Conversion of stock shares converted, value											$ 380,950	$ 189,049
Beneficial conversion feature, amount												620,000
Preferred outstanding stated value											$ 50,000	430,950
Proceeds from stock issuance cost												$ 50,000
Series E Convertible Preferred Warrants [Member] | Warrant Holder [Member]
Number of warrants exercised											0	419,117
Proceeds from stock issuance cost											$ 0	$ 569,999
Series E Convertible Preferred Shares [Member] | Warrant Holder [Member]
Number of warrants exercised											0	419,117
Proceeds from stock issuance cost											$ 0	$ 569,999
Common Stock One [Member]
Number of shares converted into common stock											6,788	1,801
Options [Member]
Fair value of non-vested options											$ 46,700
January 16, 2018 [Member]
Stockholders' equity, reverse stock split											A one-for-fifteen reverse split of the Company's issued and outstanding common stock (the "2018 Reverse Stock Split")

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Options Outstanding (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Equity [Abstract]
Option Outstanding, Balance Beginning	767	1,625
Option Outstanding, Granted	11,250
Option Outstanding, Exercised
Option Outstanding, Forfeited
Option Outstanding, Expired	(464)	(858)
Option Outstanding, Balance Ending	11,553	767
Option Outstanding, Exercisable	9,012
Weighted Average Exercise Price, Beginning Balance	$ 3,186.80	$ 1,870.80
Weighted Average Exercise Price, Granted	18.57
Weighted Average Exercise Price, Exercised
Weighted Average Exercise Price, Forfeited
Weighted Average Exercise Price, Expired	3,393.23	694.60
Weighted Average Exercise Price, Ending Balance	$ 93.89	$ 3,186.80
Weighted Average Remaining Life in Years Beginning	1 year 6 months 29 days	1 year 2 months 23 days
Weighted Average Remaining Life in Years, Granted	10 years
Weighted Average Remaining Life in Years Ending	8 years 10 months 3 days	1 year 6 months 29 days
Intrinsic Value, Outstanding Beginning		$ 272
Intrinsic Value, Outstanding Ending

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of Stock Options Valuation Assumptions (Details)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Risk free interest rate	2.84%
Expected term	10 years
Volatility	183.00%
Dividends	0.00%

Stockholders' Equity - Schedu_3

Stockholders' Equity - Schedule of Warrants Outstanding (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Common Stock Warrant [Member]
Warrants Outstanding, Beginning Balance	11,111	7,664
Warrants Outstanding, Granted	2,329,167	11,111
Warrants Outstanding, Exercised	(3,750)	(265)
Warrants Outstanding, Forfeited/Exchanged
Warrants Outstanding, Expired		(7,400)
Warrants Outstanding, Ending Balance	2,336,528	11,111
Warrants Outstanding, Exercisable	2,336,528
Weighted Average Exercise Price, Beginning Balance	$ 9,112.60	$ 2,730
Weighted Average Exercise Price, Granted	6.60	9,112.60
Weighted Average Exercise Price, Exercised	0.20	300
Weighted Average Exercise Price, Forfeited/Exchanged
Weighted Average Exercise Price, Expired		2,730
Weighted Average Exercise Price, Ending Balance	$ 49.92	$ 9,112.60
Weighted Average Remaining Life in Years, Beginning	4 years 5 months 12 days	5 years 9 months 18 days
Weighted Average Remaining Life in Years, Granted	2 years 2 months 1 day	5 years
Weighted Average Remaining Life in Years, Ending	1 year 10 months 25 days	4 years 5 months 12 days
Preferred Stock Warrant [Member]
Warrants Outstanding, Beginning Balance	21,397	24,925
Warrants Outstanding, Granted
Warrants Outstanding, Exercised	(20,973)	(3,528)
Warrants Outstanding, Forfeited/Exchanged
Warrants Outstanding, Expired
Warrants Outstanding, Ending Balance	424	21,397
Warrants Outstanding, Exercisable	424
Weighted Average Exercise Price, Beginning Balance	$ 9	$ 9
Weighted Average Exercise Price, Exercised	9	9
Weighted Average Exercise Price, Ending Balance	$ 9	$ 9
Weighted Average Remaining Life in Years, Beginning	4 years 5 months 12 days	5 years 5 months 12 days
Weighted Average Remaining Life in Years, Ending	3 years 5 months 12 days	4 years 5 months 12 days

Related Party Transactions (Det

Related Party Transactions (Details Narrative)	Apr. 04, 2018USD ($)	Feb. 16, 2018USD ($)	Dec. 31, 2017USD ($)	Apr. 11, 2017	Apr. 03, 2017	Dec. 31, 2017USD ($)	Dec. 31, 2018USD ($)ft²	Dec. 31, 2017USD ($)
Area of land | ft²							5,000
Rent payable			$ 0			$ 0	$ 0	$ 0
Rent expense								20,000
Asset Purchase Agreement [Member]
Total purchase price	$ 500,000	$ 2,500,000
Board of Directors [Member]
Promissory notes payable			$ 50,000			$ 50,000	0	$ 50,000
Interest rate			15.00%		15.00%	15.00%		15.00%
Debt instrument due date			Jul. 3, 2017		Jul. 3, 2017
Debt instrument, periodic payment, principal							50,000
Debt instrument interest payable							3,750
Interest payable							0
Chief Technology Officer [Member]
Promissory notes payable			$ 50,000			$ 50,000	0	$ 50,000
Interest rate			15.00%	15.00%		15.00%		15.00%
Debt instrument due date			Jul. 11, 2017	Jul. 11, 2017
Debt instrument, periodic payment, principal							50,000
Debt instrument interest payable							3,750
Interest payable							0
Working capital						$ 249,570
Accrued expenses			$ 182,070			$ 182,070	$ 0	$ 182,070
EcoPlus, Inc. [Member]
Lease termination date							May 27, 2017

Commitments and Contingencies_2

Commitments and Contingencies (Details Narrative) - USD ($)

Oct. 27, 2018

Oct. 18, 2018

Sep. 01, 2018

May 01, 2018

Apr. 04, 2018

Nov. 16, 2017

Aug. 04, 2016

Aug. 01, 2016

Apr. 05, 2016

Dec. 01, 2015

Aug. 24, 2015

Aug. 13, 2015

Apr. 16, 2015

Aug. 01, 2012

Sep. 01, 2006

Dec. 31, 2018

Dec. 31, 2017

Litigation settlement

$ 52,000

Deferred rent payable

$ 0

$ 0

Rent expense under operating leases

$ 503,089

$ 174,100

Sacramento CA [Member]

Lessor leasing arrangements, operating leases, term of contract

5 years

Operating leases, rent expense, minimum monthly payments

$ 4,700

Operating leases, rent expense, minimum rentals

$ 56,400

Shreveport, LA [Member]

Lessor leasing arrangements, operating leases, term of contract

66 months

5 years

Operating leases, rent expense, minimum monthly payments

$ 2,846

$ 4,750

Operating leases, rent expense, minimum rentals

$ 34,152

$ 57,000

Palestine, TX [Member]

Lessor leasing arrangements, operating leases, term of contract

5 years

Operating leases, rent expense, minimum monthly payments

$ 1,800

Operating leases, rent expense, minimum rentals

$ 21,600

Flint, TX [Member]

Lessor leasing arrangements, operating leases, term of contract

4 years

5 years

Operating leases, rent expense, minimum monthly payments

$ 900

$ 5,550

Operating leases, rent expense, minimum rentals

$ 10,800

$ 66,600

Lakeland, FL [Member]

Lessor leasing arrangements, operating leases, term of contract

3 years

1 year

Operating leases, rent expense, minimum monthly payments

$ 2,200

$ 2,750

Operating leases, rent expense, minimum rentals

$ 26,400

$ 33,000

Sarasota, FL [Member]

Lessor leasing arrangements, operating leases, term of contract

5 years

Operating leases, rent expense, minimum monthly payments

$ 1,700

Operating leases, rent expense, minimum rentals

$ 20,400

Bowling Green, FL [Member]

Lessor leasing arrangements, operating leases, term of contract

1 year

Operating leases, rent expense, minimum monthly payments

$ 3,000

Operating leases, rent expense, minimum rentals

$ 36,000

Woodland, CA [Member]

Lessor leasing arrangements, operating leases, term of contract

1 year

Operating leases, rent expense, minimum monthly payments

$ 14,000

Operating leases, rent expense, minimum rentals

$ 168,000

Spring Hill, FL [Member]

Lessor leasing arrangements, operating leases, term of contract

1 year

Operating leases, rent expense, minimum monthly payments

$ 1,250

Operating leases, rent expense, minimum rentals

$ 15,000

Clearwater, FL [Member]

Lessor leasing arrangements, operating leases, term of contract

10 years

Operating leases, rent expense, minimum monthly payments

$ 6,728

Operating leases, rent expense, minimum rentals

$ 80,741

Paris, TX [Member]

Lessor leasing arrangements, operating leases, term of contract

2 years

Operating leases, rent expense, minimum monthly payments

$ 3,000

Operating leases, rent expense, minimum rentals

$ 36,000

Longview, TX [Member]

Lessor leasing arrangements, operating leases, term of contract

2 years

Operating leases, rent expense, minimum monthly payments

$ 2,000

Operating leases, rent expense, minimum rentals

$ 24,000

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Minimum Future Lease Payments Under Operating Lease (Details)	Dec. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 683,588
2020	663,259
2021	664,859
2022	664,859
2023	664,859
Total minimum lease payments	$ 3,341,423

Income Tax (Details Narrative)

Income Tax (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets at the federal rate	0.00%	0.00%
Change in valuation allowance	$ 4,159,671
Tax Reform Bill [Member]
Deferred tax assets at the federal rate	21.00%
Income tax examination, description	On December 22, 2017, the Tax Cuts and Jobs Act (the "Tax Reform Bill") was signed into law. Prior to the enactment of the Tax Reform Bill, the Company measured its deferred tax assets at the federal rate of 34%. The Tax Reform Bill reduced the federal tax rate to 21% resulting in the re-measurement of the deferred tax asset as of December 31, 2017. Beginning January 1, 2018, the lower tax rate of 21% will be used to calculate the amount of any federal income tax due on taxable income earned during 2018.
Tax Act [Member]
Income tax examination, description	The Company's gross deferred tax assets have been revalued from 35% to 21% with a corresponding offset to the valuation allowance and any potential other taxes arising due to the Tax Act will result in reductions to its net operating loss carryforward and valuation allowance.
Federal Tax Authority [Member]
Operating Loss Carryforwards	$ 68,426,725	$ 54,753,437
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	$ 68,426,725	$ 54,753,437

Income Tax - Schedule of Compon

Income Tax - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
U.S. federal: Current
U.S. federal: Deferred		3,160,000
State and local: Current
State and local: Deferred		(1,000,000)
Total		2,160,000
Change in valuation allowance		(2,160,000)
Income Tax Provision

Income Tax - Schedule of Effect

Income Tax - Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
U.S. federal statutory rate	21.00%	34.00%
State income taxes, net of federal benefit	5.07%	4.22%
Other permanent items	(0.04%)	4.74%
Effect of federal tax rate change	0.00%	(66.97%)
Effect of state tax rate change	0.00%	3.76%
Return to provision true-up	(2.97%)	(0.03%)
Change in valuation allowance	(27.66%)	20.27%
Other	4.61%	0.00%
Effective rate	0.00%	0.00%

Income Tax - Schedule of Deferr

Income Tax - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Deferred tax assets: Net Operating Loss carryover	$ 17,974,275	$ 14,161,596
Deferred tax assets: Stock-based compensation	548,929	602,872
Deferred tax assets: Business interest limitation	48,720
Deferred tax assets: Charitable contribution carryforward	224
Deferred tax assets: Bad debt allowance	325,252	27,874
Deferred tax assets: Intangible assets book/tax difference	67,331
Deferred tax assets: Inventory reserve		12,720
Total deferred tax asset	18,964,733	14,805,062
Less reserve for allowance	18,964,733	14,805,062
Total Deferred tax asset net of valuation allowance

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)

Mar. 08, 2019

Feb. 15, 2019

Feb. 08, 2019

Jan. 16, 2019

Jan. 11, 2019

Nov. 02, 2018

Oct. 26, 2018

Oct. 22, 2018

Oct. 17, 2018

Apr. 03, 2018

Feb. 16, 2018

Jan. 19, 2018

Jun. 12, 2017

Apr. 08, 2019

Dec. 31, 2018

Dec. 31, 2017

Jul. 15, 2019

Feb. 22, 2019

Gross purchase price

$ 750,000

$ 1,500,000

$ 1,250,000

$ 2,000,000

$ 1,000,000

$ 767,500

Purchase of assets and assumed liabilities

$ 323,433

319,349

$ 487,643

$ 154,195

$ 2,513,580

$ 380,629

Non-refundable deposit initial amount

$ 550,000

$ 325,000

Warrants exercisable price per share

$ 900

Purchase of stock option granted, shares

11,250

Preferred Warrants [Member]

Warrants exercisable price per share

900

Common Stock [Member]

Stock issued during period new issue, shares

2,325,417

Conversion of shares into stock

3,000

Stock issued during period of compensation

2,333

Outstanding shares repurchased

250,000

Maxim Group, LLC [Member]

Warrants exercisable term

5 years

Warrants exercisable price per share

$ 990

Securities Purchase Agreement [Member]

Share issued price per shares

$ 900

Warrants exercisable price per share

$ 4.64

Securities Purchase Agreement [Member] | Series C Preferred Stock [Member]

Stock issued during period new issue, shares

25,000,000

Securities Purchase Agreement [Member] | Common Stock [Member]

Stock issued during period new issue, shares

2,325,417

Warrants to purchase of common stock

2,325,417

Securities Purchase Agreement [Member] | Minimum [Member] | Common Stock [Member]

Share issued price per shares

$ 3

Warrants exercisable price per share

$ 6

Securities Purchase Agreement [Member] | Investor [Member]

Warrants to purchase of common stock

1,090,000

Warrants exercisable price per share

$ 7.31

Asset Purchase Agreement [Member] | Maximum [Member] | Common Stock [Member]

Share issued price per shares

4.64

Warrants exercisable price per share

7.31

Securities Purchase Agreement Execution [Member] | Seller [Member]

Non-refundable deposit initial amount

250,000

Gross purchase price of capital stock purchase

$ 2,250,000

Underwriting Agreement [Member] | Maxim Group, LLC [Member]

Share issued price per shares

$ 1.25

Subsequent Event [Member] | Warrant Holders [Member] | Preferred Warrants [Member]

Number of warrants exercised

499

Subsequent Event [Member] | Warrant Holders [Member] | Series C Convertible Preferred Shares [Member]

Number of warrants exercised

499

Subsequent Event [Member] | Investor [Member] | Series C Convertible Preferred Shares [Member]

Conversion of shares into stock

0

Subsequent Event [Member] | Investor [Member] | Common Stock [Member]

Conversion of shares into stock

0

Subsequent Event [Member] | Securities Purchase Agreement [Member]

Issued and outstanding capital stock, percentage

100.00%

100.00%

Gross purchase price

$ 1,500,000

$ 2,500,000

Stock issued during period new issue, shares

1,550,000

Warrants to purchase of common stock

4,340,000

Warrants exercisable price per share

$ 4.64

$ 15

Gross proceeds from offerings

$ 4,029,600

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Maximum [Member]

Warrants to purchase of common stock

1,550,000

Warrants exercisable price per share

$ 7.31

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Minimum [Member]

Warrants exercisable price per share

4.64

Sales of stock price per shares

$ 0.14

Subsequent Event [Member] | Asset Purchase Agreement [Member] | Cutting & Welding Supplies, Inc [Member]

Purchase of assets and assumed liabilities

$ 2,500,000

Subsequent Event [Member] | Placement Agency Agreement [Member] | Maxim Group, LLC [Member]

Issued and outstanding capital stock, percentage

6.00%

Legal fees

$ 50,000

Subsequent Event [Member] | Non Compete Agreements [Member] | Employees [Member] | Free Trading Common Stock [Member]

Stock issued during period of compensation

617,347

Subsequent Event [Member] | Employment Agreements [Member] | Employees [Member] | Restricted Stock [Member]

Stock issued during period of compensation

1,300,000

Subsequent Event [Member] | Employment Agreements [Member] | Board of Directors [Member] | Restricted Stock [Member]

Stock issued during period of compensation

334,002

Subsequent Event [Member] | Employment Agreements [Member] | Board of Directors [Member] | Free Trading Common Stock [Member]

Stock issued during period of compensation

166,998

Subsequent Event [Member] | Employment Agreements [Member] | Vendors [Member] | Restricted Stock [Member]

Stock issued during period of compensation

520,000

Subsequent Event [Member] | Employment Agreements [Member] | Vendors [Member] | Free Trading Common Stock [Member]

Stock issued during period of compensation

793,065

Subsequent Event [Member] | Underwriting Agreement [Member] | Maxim Group, LLC [Member]

Stock issued during period new issue, shares

10,800,000

Warrants to purchase of common stock

840,000

Warrants exercisable term

5 years

Gross proceeds from offerings

$ 12,731,250

Purchase of stock option granted, shares

1,120,000

Subsequent Event [Member] | Underwriting Agreement [Member] | Maxim Group, LLC [Member] | Maximum [Member]

Warrants to purchase of common stock

8,100,000

Subsequent Event [Member] | Purchase and Conversion Agreement [Member]

Conversion of shares into stock

5,000

Outstanding shares repurchased

3,500,000

Subsequent Event [Member] | Purchase and Conversion Agreement [Member] | Series C Preferred Stock [Member]

Outstanding shares repurchased, value

$ 499

Subsequent Event [Member] | Purchase and Conversion Agreement [Member] | Series E Preferred Stock [Member]

Conversion of shares into stock

500,000

Outstanding shares repurchased, value

$ 31,765