BBHC (TRNX) 10-Q 19 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 19, 2019
Document And Entity Information
Entity Registrant Name	TARONIS TECHNOLOGIES, INC.
Entity Central Index Key	0001353487
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity's Reporting Status Current	Yes
Entity Interactive Data Current	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 Common Stock, Shares Outstanding		25,086,290
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current Assets
Cash	$ 536	$ 1,599
Accounts receivable, net of allowance for doubtful accounts of $546 and $419, respectively	3,007	1,395
Inventory	3,476	2,921
Prepaid and other current assets	970	332
Total Current Assets	7,989	6,247
Property and equipment, net of accumulated depreciation of $3,524 and $2,683, respectively	16,706	9,686
Deposit on acquisition		550
Intangible assets, net of accumulated amortization of $1,585 and $824, respectively	7,374	3,379
Restricted deposit	816	806
Security deposits	184	227
Right-of-use assets, net of accumulated amortization of $573 and $0, respectively	3,569
Goodwill	11,123	6,691
Total Assets	47,761	27,586
Current Liabilities
Accounts payable	2,811	2,601
Accrued expenses	1,601	755
Financing leases liability, current	90	90
Operating leases liability, current	625
Note payable, net of debt discount of $147 and $0, respectively	1,386	94
Total Current Liabilities	6,513	3,540
Long Term Liabilities
Note payable, net of current	1,477	602
Financing leases liability, net of current	97	203
Operating leases liability, net of current	2,944
Senior convertible debenture, net of debt discount of $65 and $0, respectively	457
Total Liabilities	11,488	4,345
Commitments and Contingencies
Temporary Equity
Series E Preferred stock: 455,882 shares designated; 0 and 36,765 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively, with a liquidation preference of approximately $0 at September 30, 2019		50
Stockholders' Equity
Common stock: $0.001 par; 190,000,000 shares authorized; 18,229,459 shares issued and outstanding at September 30, 2019 and 1,546,563 shares issued and outstanding at December 31, 2018.	18	2
Additional paid-in-capital	135,676	102,809
Accumulated deficit	(99,421)	(79,620)
Total Stockholders' Equity	36,273	23,191
Total Liabilities, Temporary Equity and Stockholders' Equity	$ 47,761	$ 27,586

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 546	$ 419
Accumulated depreciation	3,524	2,683
Accumulated amortization of intangible assets	1,585	824
Right-of-use assets, net of accumulated amortization	573	0
Debt discount of note payable	147	0
Debt discount senior convertible debenture	$ 65	$ 0
Series E Preferred stock, shares designated	455,882	455,882
Series E Preferred stock, shares issued	0	36,765
Series E Preferred stock, shares outstanding	0	36,765
Series E Preferred stock, liquidation preference	$ 0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	190,000,000	190,000,000
Common stock, shares issued	18,229,459	1,546,563
Common stock, shares outstanding	18,229,459	1,546,563

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue:
Revenue	$ 5,319	$ 2,599	$ 16,133	$ 6,678
Cost of Revenues	2,867	1,601	8,754	4,331
Gross Profit	2,452	998	7,379	2,347
Operating Expenses:
Selling, general and administration	10,476	4,543	26,950	12,209
Research and development		4	28	8
Total Operating Expenses	10,476	4,547	26,978	12,217
Operating Loss	(8,024)	(3,549)	(19,599)	(9,870)
Other (Expense) Income:
Interest	(240)	(11)	(202)	(107)
Accretion of debt discount		(53)		(170)
Other income				20
Total Other (Expense) Income	(240)	(64)	(202)	(257)
Net Loss	(8,264)	(3,613)	(19,801)	(10,127)
Deemed dividend	17	416	3,880	1,660
Net loss attributable to common shareholders	$ (8,281)	$ (4,029)	$ (23,681)	$ (11,787)
Net loss attributable to common shareholders per share: Basic and Diluted	$ (0.49)	$ (10.23)	$ (2.78)	$ (56.94)
Weighted average common shares: Basic and Diluted	16,758,496	393,666	8,516,344	206,841

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Stockholders' Equity - USD ($) $ in Thousands	Series A Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated (Deficit) [Member]	Total
Balance at Dec. 31, 2017	$ 1	$ 1	$ 71,853	$ (64,582)	$ 7,272
Balance, shares at Dec. 31, 2017	1,000,000	17,829
Common stock issued for services		$ 1	348		349
Common stock issued for services, shares		6,317
Common stock warrant issued for services			63		63
Exercise of Series C preferred stock warrants			8,373		8,373
Reclass from Series C temporary equity to common stock			1,045		1,045
Reclass from Series C temporary equity to common stock, shares
Conversion of Series C preferred stock into common stock		$ 10	(10)
Conversion of Series C preferred stock into common stock, shares		96,778
Conversion of Series E preferred stock into common stock		$ 1	380		381
Conversion of Series E preferred stock into common stock, shares		1,358
Amortization of stock based compensation			105		105
Common stock issued for the exercise of warrants		$ 1	1		2
Common stock issued for the exercise of warrants, shares		750
Common stock issued for acquisition of assets		$ 1	1,259		1,260
Common stock issued for acquisition of assets, shares		9,615
Stock issuance costs			(754)		(754)
Deemed dividend			(930)		(930)
Net loss				(3,019)	(3,019)
Balance at Mar. 31, 2018	$ 1	$ 14	81,733	(67,602)	14,146
Balance, shares at Mar. 31, 2018	1,000,000	132,647
Balance at Dec. 31, 2017	$ 1	$ 1	71,853	(64,582)	7,272
Balance, shares at Dec. 31, 2017	1,000,000	17,829
Common stock issued for settlement of accounts payable					565
Common stock issued for purchase of subsidiary
Net loss					(10,127)
Balance at Sep. 30, 2018	$ 1,000	$ 60	91,216	(74,710)	16,565
Balance, shares at Sep. 30, 2018	1,000,000	599,170
Balance at Mar. 31, 2018	$ 1	$ 14	81,733	(67,602)	14,146
Balance, shares at Mar. 31, 2018	1,000,000	132,647
Common stock issued for services		$ 1	711		712
Common stock issued for services, shares		11,552
Common stock issued for settlement of accounts payable		$ 1	564		565
Common stock issued for settlement of accounts payable, shares		7,215
Common stock warrant issued for services			79		79
Exercise of Series C preferred stock warrants			2,827		2,827
Conversion of Series C preferred stock into common stock		$ 7	(45)		(38)
Conversion of Series C preferred stock into common stock, shares		77,435
Conversion of Series F preferred stock into common stock		$ 1	136		137
Conversion of Series F preferred stock into common stock, shares		7,250
Amortization of stock based compensation			19		19
Stock issuance costs			(212)		(212)
Deemed dividend			(314)		(314)
Net loss				(3,495)	(3,495)
Balance at Jun. 30, 2018	$ 1	$ 24	85,500	(71,097)	14,427
Balance, shares at Jun. 30, 2018	1,000,000	236,098
Common stock issued for services		$ 2	851		853
Common stock issued for services, shares		20,969
Common stock warrant issued for services			80		80
Exercise of Series C preferred stock warrants			3,742		3,742
Conversion of Series C preferred stock into common stock		$ 27	740		767
Conversion of Series C preferred stock into common stock, shares		273,783
Conversion of Series F preferred stock into common stock		$ 2	417		419
Conversion of Series F preferred stock into common stock, shares		24,071
Amortization of stock based compensation			19		19
Common stock issued for cash		$ 4	660		664
Common stock issued for cash, shares		44,250
Stock issuance costs			(377)		(377)
Deemed dividend			(416)		(416)
Net loss				(3,613)	(3,613)
Balance at Sep. 30, 2018	$ 1,000	$ 60	91,216	(74,710)	16,565
Balance, shares at Sep. 30, 2018	1,000,000	599,170
Balance at Dec. 31, 2018		$ 2	102,809	(79,620)	23,191
Balance, shares at Dec. 31, 2018		1,546,563
Common stock issued for services		$ 1	1,841		1,842
Common stock issued for services, shares		716,282
Common stock warrant issued for services			14		14
Conversion of Series E preferred stock into common stock		$ 1	6		7
Conversion of Series E preferred stock into common stock, shares		100,000
Amortization of stock based compensation			19		19
Common stock issued for cash		$ 2	17,838		17,840
Common stock issued for cash, shares		2,470,000
Stock issuance costs			(1,120)		(1,120)
Deemed dividend			(3,008)		(3,008)
Net loss				(6,162)	(6,162)
Balance at Mar. 31, 2019		$ 5	118,400	(85,782)	32,623
Balance, shares at Mar. 31, 2019		4,832,845
Balance at Dec. 31, 2018		$ 2	102,809	(79,620)	23,191
Balance, shares at Dec. 31, 2018		1,546,563
Common stock issued for settlement of accounts payable					393
Common stock issued for purchase of subsidiary					2,232
Common stock issued for conversion of debt
Net loss					(19,801)
Balance at Sep. 30, 2019		$ 18	135,676	(99,421)	36,273
Balance, shares at Sep. 30, 2019		18,229,459
Balance at Mar. 31, 2019		$ 5	118,400	(85,782)	32,623
Balance, shares at Mar. 31, 2019		4,832,845
Common stock issued for services		$ 1	2,196		2,197
Common stock issued for services, shares		1,123,699
Amortization of stock based compensation			5		5
Common stock issued for cash		$ 2	2,482		2,484
Common stock issued for cash, shares		2,023,811
Common stock issued for purchase of subsidiary		$ 1	1,274		1,275
Common stock issued for purchase of subsidiary, shares		549,332
Down round feature triggered for warrants			856		856
Common stock issued for the exercise of warrants		$ 1	23		24
Common stock issued for the exercise of warrants, shares		10,500
Stock issuance costs			(111)		(111)
Deemed dividend			(856)		(856)
Net loss				(5,375)	(5,375)
Balance at Jun. 30, 2019		$ 9	124,271	(91,157)	33,123
Balance, shares at Jun. 30, 2019		8,540,187
Common stock issued for services		$ 1	2,604		2,605
Common stock issued for services, shares		1,112,388
Common stock issued for settlement of accounts payable		$ 1	392		393
Common stock issued for settlement of accounts payable, shares		612,131
Amortization of stock based compensation			14		14
Common stock issued for cash		$ 5	5,402		5,407
Common stock issued for cash, shares		5,098,182
Common stock issued for purchase of subsidiary		$ 1	956		957
Common stock issued for purchase of subsidiary, shares		225,936
Down round feature triggered for warrants			17		17
Common stock issued for the exercise of warrants		$ 2	1,176		1,178
Common stock issued for the exercise of warrants, shares		1,921,050
Common stock issued for conversion of debt		$ 1	999		1,000
Common stock issued for conversion of debt, shares		769,585
Shares returned by employees		$ (1)	1		1
Shares returned by employees, shares		(50,000)
Stock issuance costs			(137)		(137)
Fractional share repayment			(4)		(4)
Deemed dividend			(17)		(17)
Net loss				(8,264)	(8,264)
Balance at Sep. 30, 2019		$ 18	$ 135,676	$ (99,421)	$ 36,273
Balance, shares at Sep. 30, 2019		18,229,459

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash Flows from Operations
Net Loss	$ (19,801)	$ (10,127)
Adjustments to reconcile net loss to cash used in operating activities:
Depreciation and amortization	1,601	988
Accretion of debt discount		170
Stock based compensation	38	143
Common stock and warrants issued for services	6,659	2,137
Gain on disposal of fixed assets		(16)
Deferred revenue and customer deposits		(44)
Provision for doubtful accounts	127
Amortization of right-of-use assets	573
Changes in operating assets:
Accounts receivable	(151)	49
Inventory	17	554
Prepaid and other current assets	(629)	(167)
Accounts payable	(407)	137
Accrued Expenses	1,051	(168)
Payments on lease liabilities	(769)
Net cash used in operating activities	(11,691)	(6,344)
Cash Flows from Investing Activities
Deposit on acquisition	(550)	69
Cash acquired in acquisition of businesses	69
Cash paid for acquisitions	(6,500)	(3,768)
Cash paid for noncompete agreements	(2,000)	(1,658)
Purchase of property and equipment	(4,868)	(948)
Purchase of intangibles	(2,255)
Security deposit	1,143	10
Net cash used in investing activities	(14,961)	(6,294)
Cash Flows from Financing Activities
Common shares issued for the exercise of warrants	1,202	1
Proceeds for common stock issued for cash	27,970	664
Fractional share repayment	(4)
Finance lease payments	(106)	(29)
Payments on notes payable		(497)
Proceeds from notes payables		244
Net proceeds on related party notes and advances		23
Repayment of related party notes		(119)
Water Pilot financing	957
Net proceeds on issuance of series C preferred stock units, net of costs	449	14,942
Stock Issuance costs	(1,368)	(1,342)
Repurchase of Series C & E preferred stock	(3,500)
Net cash provided by financing activities	25,600	13,887
Net increase in cash	(1,052)	1,249
Cash and restricted cash, beginning of period	2,405	587
Cash and restricted cash, end of period	1,353	1,836
Supplemental disclosure of cash flow information Cash paid during the period for:
Interest		96
Supplemental disclosures of non-cash investing and financing activities:
Common shares issued for settlement of accounts payable	393	565
Series E preferred stock	50
Conversion of Series C preferred stock into shares of common stock		1,775
Conversion of Series E preferred stock into shares of common stock	7	381
Conversion of Series F preferred stock into shares of common stock		556
Series F preferred stock issued for the settlement of accounts payable		556
Deemed dividend in connection with the issuance of Series C Preferred stock		(1,660)
Common stock issued for purchase of subsidiary	2,232
NG Enterprises Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired		916
Liabilities assumed		(149)
Green Arc Supply, L.L.C. [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired		2,399
Liabilities assumed		(154)
Fair value of common stock issued in Green Arc Supply acquisition		1,260
Trico Welding Supplies, Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired		3,052
Liabilities assumed		(1,106)
Tyler Welders Supply [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	1,620
Liabilities assumed	(653)
Cylinder Solutions, Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	376
Liabilities assumed	(41)
Complete Cutting & Welding Supplies, Inc [Member]
Supplemental disclosures of non-cash investing and financing activities:
Assets acquired	1,083
Liabilities assumed	$ (316)

Organization and Description of

Organization and Description of Business	9 Months Ended
	Sep. 30, 2019
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, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Delaware 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 Venturi® Plasma Arc technology. The Company has operating facilities in the following states: Florida, Louisiana, Texas and California. 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. On August 22, 2019, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Delaware Secretary of State to effect a one-for-five reverse split of the issued and outstanding common stock. The consolidated financial statements and accompanying notes give effect to the reverse stock splits as if they occurred at the first period presented. The 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. 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	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern and Managements' Plan	NOTE 2 - GOING CONCERN AND MANAGEMENTS’ PLAN As of September 30, 2019, the Company had cash of approximately $0.5 million, reported an approximate net loss of $19.8 million and used cash in operations of approximately $11.7 million for the nine months ended September 30, 2019. In addition, as of September 30, 2019, the Company had working capital of approximately $1.5 million and an accumulated deficit of $99.4 million. The Company utilizes cash in its operations of approximately $1.3 million 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 unaudited condensed consolidated financial statements. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan. The Company has financed its operations through equity and debt financing transactions, but does not believe it will need to do so in the immediate future. The Company does not believe it will continue incurring operating losses for the foreseeable future and that it will be cash-flow positive before year-end. The unaudited condensed 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. The Company can give no assurance that it will be successful in implementing its business plan. These unaudited condensed consolidated financial statements do not include any adjustments from this uncertainty.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) for interim financial information and include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the accompanying condensed consolidated financial statements reflect all adjustments, consisting of normal, recurring adjustments, considered necessary for a fair presentation of the results for the interim periods ended September 30, 2019 and 2018. As this is an interim period financial statement, certain adjustments are not necessary as with a financial period of a full year. Although management believes that the disclosures in these unaudited condensed consolidated financial statements are adequate to make the information presented not misleading, certain information and footnote disclosures normally included in financial statements that have been prepared in accordance U.S. GAAP have been condensed or omitted pursuant to the rules and regulations of the SEC. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s financial statements for the year ended December 31, 2018, which contains the audited financial statements and notes thereto, for the years ended December 31, 2018 and 2017 included within the Company’s Form 10-K filed with the SEC on April 12, 2019. The interim results for the three and nine months ended September 30, 2019 are not necessarily indicative of the results to be expected for the year ended December 31, 2019 or for any future interim periods. 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, collection 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 September 30, 2019 was approximately $0.8 million. 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 September 30, 2019, and 2018 the Company had no cash equivalents. Restricted cash consists of cash deposited with a financial institution for approximately $0.8 million held in an escrow account. The following table provides a reconciliation of cash and restricted cash reported in the unaudited condensed consolidated balance sheets that sum to the total of the same amounts show in the statement of cash flows (dollar amounts in thousands): September 30, 2019 2018 Cash $ 536 $ 1,836 Restricted deposits 816 - Total cash and restricted cash in the balance sheet $ 1,352 $ 1,836 Revenue Recognition The Company follows the guidance of ASC Topic 606, Revenue from Contracts with Customers (“ASC Topic 606”). The 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 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 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 obligation. 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. The following table represents external net sales disaggregated by product category for the three and nine months ended September 30, 2019 and 2018 (dollar amounts in thousands): For the three months ended September 30 For the nine months ended September 30 2019 2018 2019 2018 Gas sold 1,413 $ 1,461 $ 9,106 $ 3,981 Equipment rentals 84 134 557 269 Equipment sales 1,656 332 4,028 1,730 Other 2,166 672 2,442 698 Total Revenues from Customers 5,319 $ 2,599 $ 16,133 $ 6,678 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. 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 for employees, officers and directors of approximately $1.0 million and approximately $0.0 for the three months ended September 30, 2019 and 2018, respectively, and approximately $3.1 million and approximately $0.1 million for the nine months ended September 30, 2019 and 2018, respectively, and has included such amounts in selling, general and administrative expenses in the unaudited condensed consolidated statement of operations. The Company incurred stock-based compensation charges for non-employees, net of estimated forfeitures of approximately $1.7 million and approximately $0.1 million for the three months ended September 30, 2019 and 2018, respectively, and approximately $3.6 million and approximately $0.2 million for the nine months ended September 30, 2019 and 2018, respectively, and has included such amounts in selling, general and administrative expenses in the unaudited condensed consolidated statements of operations. 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 September 30, 2019, and 2018 the Company’s common stock equivalents outstanding were as follows: September 30, 2019 2018 Options 2,298 462 Common Stock Warrants 505,339 9,294 Convertible preferred stock - 4,445 Total common stock equivalents outstanding 507,637 14,201 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 11. Recent Accounting Pronouncements Adopted Accounting Standards The Company adopted ASC Topic 842 effective January 1, 2019 using the prospective approach. As a result of the adoption of the new lease accounting guidance, on January 1, 2019 the Company recognized (a) a lease liability of approximately $4.1 million, which represents the present value of the remaining lease payments, discounted using the Company’s incremental borrowing rate of 8.0%, and (b) a right-of-use asset of approximately $4.1 million. The most significant impact was the recognition of right-of-use assets and lease obligations for operating leases. Accounting Standards Not Yet Adopted In August 2018, the 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. In April 2019, the FASB issued Accounting Standards Update (“ASU”) No. 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. ASU 2019-04 provides further Updates related to financial instruments, following Updates 2016-01, 2016-13 and 2017-12. The amendments in ASU 2019-04 will be effective as of the beginning of the first annual reporting period beginning after April 25, 2019. Early adoption is permitted, including adoption on any date on or after April 25, 2019. The Company is currently evaluating the potential impact of adopting this guidance on its consolidated financial statements. In May 2019, the FASB issued Accounting Standards Update (“ASU”) No. 2019-05, Financial Instruments – Credit Losses (Topic 362): Targeted Transition Relief. ASU 2019-05 is an update to ASU 2016-13, Financial Instruments – Credit Losses (Topic 362): Measurement of Credit Losses on Financial Instruments. The amendments in ASU 2019-05 will be effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted in any interim period after the issuance of this Update as long as an entity has adopted the amendments in Update 2016-13. The Company is currently evaluating the potential impact of adopting this guidance on its consolidated financial statements. In July 2019, the FASB issued Accounting Standards Update (“ASU”) No. 2019-07, Codification Updates to SEC Sections. ASU 2019-07 provides amendments to SEC paragraphs pursuant to SEC Final Rule Releases No. 33-10532, Disclosure Update and Simplification Investment Company Reporting Modernization

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Acquisitions	NOTE 4 – ACQUISITIONS January Stock Purchase: On January 16, 2019, the Company entered into a Securities Purchase Agreement (“SPA”) with Melvin Ruyle Family Living Trust (the “Seller”) and Tyler Welders Supply, Inc., a Texas corporation (“TWS”) for the purchase of all of the issued and outstanding capital stock of TWS by the Company (“Transaction”). Under the terms of the SPA, the Company purchased one hundred percent (100%) of TWS’s issued and outstanding capital stock for the gross purchase price of $2.5 million (“TWS Stock”). Effective at closing, the Company will assume business operations at its new location in Texas. The preliminary allocation of the consideration transferred is as follows (dollar amounts in thousands): Cash $ 2,500 Total purchase price $ 2,500 Accounts receivable $ 572 Cash 43 Inventory 572 Customer relationships 250 Cylinders and trucks 183 Accounts payable assumed (653 ) Total purchase price allocation $ 967 Goodwill $ 1,533 February Stock Purchase: On February 15, 2019, the Company entered into a Securities Purchase Agreement (“SPA”) with Melvin Ruyle, Jered Ruyle and Janson Ruyle (collectively, the “Seller”) 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 (“Transaction”). 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 $1.5 million (“CS Stock”). Effective at closing, the Company assumed business operations at its new location in East Texas. The preliminary allocation of the consideration transferred is as follows (dollar amounts in thousands): Cash $ 1,500 Total purchase price $ 1,500 Accounts receivable $ 14 Cash 26 Cylinders and trucks 336 Accounts payable assumed (41 ) Total purchase price allocation $ 335 Goodwill $ 1,165 February Asset Purchase: On February 22, 2019, Taronis Technologies, Inc. (the “Company”) entered into an Asset Purchase Agreement (“Agreement”) with Complete Cutting and Welding Supplies, Inc., a California corporation (the “Seller”) for the purchase of substantially all of the Seller’s tangible and intangible business assets (“Transaction”). Under the terms of the Agreement, the Company purchased from the Seller substantially all of the Seller’s right, title an interest to the Seller’s business assets and certain other assumed liabilities. The total purchase price paid was $2.5 million cash. The Agreement includes certain other terms and conditions which are typical in asset purchase agreements. The allocation of the consideration transferred is as follows (dollar amounts in thousands): Cash $ 2,500 Total purchase price $ 2,500 Accounts receivable $ 456 Customer relationships 250 Cylinders and trucks 378 Accounts payable assumed (317 ) Total purchase price allocation $ 767 Goodwill $ 1,733 All goodwill recorded as part of the purchase price allocations is currently anticipated to be tax deductible. Water Pilot, LLC Stock Purchase: On May 31, 2019, the Company entered into a Limited Liability Company Unit Purchase and Sale Agreement (“Agreement”) with the sellers listed on the signature page thereto (the “Sellers”) and Water Pilot, LLC, a Florida limited liability company, for the purchase of fifty-one percent (51%) ownership in Water Pilot, LLC. The purchase price for the ownership interest or “Units” was approximately $1.3 million payable in shares of the Company’s restricted common stock (“Stock Consideration”). The Stock Consideration was priced based on the five (5) day Volume Weighted Average Price of the Company’s common stock immediately preceding the closing date of the Agreement. At closing, the Company was named the Manager of Water Pilot, LLC and took control of the business. The Agreement also included terms and conditions which are standard in similarly situated purchase agreements. The transaction closed on May 31, 2019. The company recorded the full amount to intangible assets. On August 13, 2019, the Company authorized the issuance of shares in lieu of cash to World Wide Water Savings, Inc., Irbis International, LLC and David Steinhurst, pursuant to the Corporation’s “catch-up” obligations set forth in that certain Limited Liability Company Unit Purchase and Sale Agreement dated May 31, 2019 and a Letter Agreement entered into a date even herewith. The total restricted common stock issued was 1,129,682 shares for a total of approximately $1.0 million. This transaction did not increase the 51% ownership in Water Pilot, LLC. The allocation of the consideration transferred is as follows (dollar amounts in thousands): Stock Issued $ 2,231 Total purchase price $ 2,231 Developed technology $ 2,231 Total purchase price allocation $ 2,231 Goodwill $ - The following unaudited 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., United Welding Specialties of Longview, Inc., Tyler Welders Supply, Cylinder Solutions, Complete Cutting and Welding Supplies and Water Pilot, LLC for the three and nine months ended September 30, 2019 and 2018, as if the above discussed acquisitions had occurred on January 1, 2018 instead of January 19, 2018, February 16, 2018, April 3, 2018, October 17, 2018, October 22, 2018, October 26, 2018, January 16, 2019, February 15, 2019, February 22, 2019 and May 31, 2019, respectively. The following proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods (dollar amounts in thousands except for per share data). For the three months ended For the nine months ended 2019 2018 2019 2018 Revenues $ 5,640 $ 5,623 $ 16,919 $ 16,869 Gross Profit 2,604 2,318 7,812 6,954 Operating Loss (6,972 ) (3,512 ) (20,916 ) (10,536 ) Net Loss $ (6,932 ) $ (3,607 ) $ (20,795 ) $ (10,821 ) Weighted Average Common Stock Outstanding 16,758,496 363,072 8,516,344 599,170 Loss per Common Share – Basic and Diluted (0.41 ) (9.93 ) (2.44 ) (18.06 )

Notes Payable

Notes Payable	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Notes Payable	NOTE 5 – NOTES PAYABLE On February 22, 2019, the Company entered into a Cylinder Purchase Agreement with Guillermo Gallardo to purchase 10,000 gas cylinders. The Company made an initial purchase of 1,000 cylinders on October 18, 2018 for $0.3 million. The Company purchased an additional 2,334 cylinders upon execution of this agreement for approximately $0.7 million. The Company agreed to purchase the remaining 6,666 cylinders for approximately $2.0 million over a period of two years. There is no interest associated with this agreement as it is a commitment to purchase the cylinders from Guillermo. The balance due as of September 30, 2019 was approximately $1.9 million. On May 3, 2019, the Company entered into a Securities Purchase Agreement with one or more investors identified on the signature pages thereto (“ Investors Common Stock Debentures Transaction Securities Offering On June 6, 2019, the Company entered into a non-recourse Agreement for the Purchase and Sale of Future Receipts with C6 Capital Funding, LLC. The Company sold $0.6 million in future receipts at a purchase price of approximately $0.8 million with weekly payments of approximately $0.02 million until the sold amount is delivered. The balance due as of September 30, 2019 was $0.5 million. The Company made a total of twelve payments of less than $0.01 million during the nine months ended September 30, 2019.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Stockholders' Equity	NOTE 6 - STOCKHOLDERS’ EQUITY Reverse Stock Splits On January 30, 2019, the Company filed an amendment to the Certificate of Incorporation to effect a one-for-twenty reverse split of the Company’s issued and outstanding common stock which was effectuated on January 30, 2019. On August 22, 2019, the Company filed an amendment to the Certificate of Incorporation to effect an additional one-for-five reverse split of the Company’s issued and outstanding common stock which was effectuated on August 22, 2019. The 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 Company’s outstanding common stock warrants, convertible notes, common stock options. The Company did not issue any fractional shares in connection with the reverse stock splits or change the par value per share. Fractional shares issuable entitle shareholders, to receive a cash payment in lieu of the fractional shares without interest. All share and per share amounts for the common stock have been retroactively restated to give effect to the reverse splits. Common Shares Issued for Cash January Securities Purchase Agreement On January 11, 2019, the Company entered into a Securities Purchase Agreement (“SPA”) with one or more investors identified on the signature pages thereto (“Investors”). Under the terms of the SPA, the Company issued an aggregate of 1,550,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) and warrants to purchase up to 1,550,000 shares of Common Stock (“Warrants”) for a total gross purchase price of $4.3 million (exclusive of the exercise of the Warrants) (the “Offering”). The Company received aggregate net proceeds of approximately $4.0 million. February Underwriting Agreement On February 8, 2019, the Company entered into an Underwriting Agreement with Maxim Group LLC (the “Underwriter”) to issue and sell an aggregate of 10,800,000 shares of the Company’s common stock, par value $0.001 per share and warrants to purchase an aggregate of up to 8,100,000 shares of Common Stock, in an underwritten public offering, for a total gross purchase price of $13.5 million. During the nine months ended September 30, 2019, the Company received total proceeds of $18.5 million and issued 2,687,392 common shares. On May 8, 2019, Stourbridge Investments, LLC and Corneille Fund LP exercised a total of 4,500 shares. On June 5, 2019, BJI Financial Group, Inc. exercised 6,000 shares. On July 8, 2019, Hudson Bay, Pershing, Sabby, CVI Investments, Stephen Cohen, and Empery exercised a total of 1,263,100 shares. On July 11, 2019, Pershing exercised 9,750 shares. On July 12, 2019, Pershing exercised 5,000 shares. On July 15, 2019, Pershing exercised 58,134 shares. On July 16, 2019, Pershing, CVI Investments, and Hudson Bay exercised a total of 459,375 shares. On July 17, 2019, Pershing exercised 60,000 shares. On July 18, 2019, Steven Cohen, Redwood Partners II, LLC, and 409 Jefferson, LLC exercised a total of 3,000 shares. On July 24, KBB Asset Management exercised 17,250 shares. On August 5, 2019, Steven Cohen exercised 750 shares. On August 13, 2019, Warberg WF VII LP exercised 9,000 shares. On August 14, 2019, Pershing exercised 13,750 shares. On August 19, 2019, Pershing and Bellagirl Media, LLC exercised 1,950 shares. During the three months ended September 30, 2019, the Company issued 1,162,500 shares of common stock in connection with the exercise of 1,550,000 warrants through cashless exercises. June Sales Agreement On June 6, 2019, the Company entered into a Sales Agreement (“Agreement”) with The Benchmark Company, LLC (the “Agent”) pursuant to which the Agent will act as the Company’s sales agent with respect to the issuance and sale of up to $7.3 million of the Company’s shares of common stock, par value $0.001 per share (the “Shares”), from time to time in an at-the-market public offering (the “Offering”). Sales of the Shares, if any, through the Agent, were made directly on The Nasdaq Capital Market. During the nine months ended September 30, 2019, the company sold 34,523,000 shares of common stock for total gross proceeds of approximately $7.3 million with the at-the-market public offering. Common Shares Issued for Services During the three and nine months ended September 30, 2019, the Company issued 1,112,388 and 2,952,369 shares of common stock to consultants, respectively. The total fair value of these issuances during the three and nine months ended September 30, 2019 was approximately $2.6 million and approximately $6.6 million, respectively, which was recognized as stock-based compensation during the three and nine months ended September 30, 2019. During the three and nine months ended September 30, 2018, the Company issued 419,371 and 776,737 shares of common stock to consultants, respectively. The total fair value of these issuances during the three and nine months ended September 30, 2018 was approximately $0.5 million and approximately $2.7 million, respectively, which was recognized as stock-based compensation during the three and nine months ended September 30, 2018. Common Shares Issued for Settlement During the three and nine months ended September 30, 2019, the Company issued 612,131 shares of common stock to Ermanno Santilli, the former CEO and Board member, and Silverback, an investment and business advisory firm, pursuant to their respective agreements. The total fair value of these issuances during the three and nine months ended September 30, 2019 was approximately $0.2 million and $0.2 million, respectively. Common Shares Issued for Purchase of Subsidiary During the three and nine months ended September 30, 2019, the Company issued 225,936 and 775,268 shares of common stock for the purchase of a 51% interest in Water Pilot, LLC. The total fair value of these issuances during the three and nine months ended September 30, 2019 was approximately $1.0 million and $2.2 million, respectively.

Preferred Stock

Preferred Stock	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Preferred Stock	NOTE 7 – PREFERRED STOCK On March 8, 2019, the Company entered into a Purchase and Conversion Agreement (the “Agreement”) with an institutional investor for (a) the repurchase by the Company of 499 shares of its Series C Preferred Stock (the “Series C Preferred”) and 31,765 shares of its Series E Preferred Stock (the “Series E Preferred”) from the investor, in exchange for an aggregate cash payment of $3.5 million, and (b) the conversion by the investor of 5,000 shares of Series E Preferred into 500,000 shares of common stock of the Company, par value $0.001 per share (collectively, the “Transaction”). 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.

Common Stock Warrants

Common Stock Warrants	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Common Stock Warrants	NOTE 8 – COMMON STOCK WARRANTS On January 11, 2019, in conjunction with that certain Securities Purchase Agreement entered into on the same date, the Company granted certain institutional investors warrants to purchase up to 1,550,000 shares of Common Stock at an exercise price of $4.64 per warrant share. On February 8, 2019, in conjunction with that certain Underwriting Agreement entered into on the same date, the Company granted certain investors warrants to purchase an aggregate of up to 8,932,500 shares of Common Stock in an underwritten public offering. The exercise price of the warrants is $0.14 per warrant share due to a price reset triggered by the at-the-market transaction. During the nine months ended September 30, 2019, there were 1,931,550 warrants exercised for net proceeds of $1.2 million. There are 505,339 warrants remaining as of September 30, 2019 after effect of 1 for 5 reverse stock split.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 9 - COMMITMENTS AND CONTINGENCIES Litigation Certain conditions may exist as of the date the condensed 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. It is possible that we may be subject to litigation or claims for indemnification in connection with the sale of our common stock in inadvertent unregistered transactions that occurred in 2018. The SEC may determine to investigate the unregistered transactions in our common stock, which could subject us to potential enforcement actions by the SEC under Section 5 of the Securities Act of 1933, as amended (the “Securities Act”) and may result in injunctive relief or the imposition of fines. In addition, it is possible that we had other unregistered offers or sales of our common stock, other than the aforementioned inadvertent unregistered transactions that occurred in 2018, and we may be subject to litigation or claims for indemnification in connection with any such offers or sales. If any such claims were to succeed, we might not have sufficient funds to pay the resulting damages. There can be no assurance that the insurance coverage we maintain would cover any such expenses or be sufficient to cover any claims against us. In addition to the monetary value of any claim, any litigation, regulatory action or governmental proceeding to which we are a party could adversely affect us by harming our reputation, diverting the time and attention of management, and causing the Company to incur significant litigation expenses, which would all materially and adversely affect our business. In addition, we may be a party to litigation matters involving our business, which operates within a highly regulated industry. On September 4, 2018, we received notice that a law firm representing the estate of an individual who sustained life-ending injuries while working for an end user of our products had made a claim to our insurance carrier. The matter is under investigation by the U.S. Department of Transportation and the Occupational Health and Safety Administration. 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 Company operations or sales. The Company continues to be fully operational and transparent with all regulatory agencies. In addition, on April 15, 2019, we received notice that a class action lawsuit was filed on behalf of our shareholders who purchased shares of the Company, f/k/a MagneGas Applied Technology Solutions, Inc. from January 28, 2019 through February 12, 2019, inclusive. The lawsuit seeks to recover damages for the Company’s investors under the federal securities laws. The litigation is in the early stages and it is unknown whether it will have a financial impact on the Company. On June 25, 2019, a shareholder derivative complaint was filed against certain of the Company’s directors and officers in the United States District Court for the District of Arizona. The case is captioned Falcone v. Dingess, et al., No. CV-19-04547-PHX-DJH (D. Ariz.). The complaint alleges, among other things, that the defendants violated federal securities laws, including Section 10(b) of the Exchange Act and Rule 10b-5 promulgated thereunder, by making alleged false and/or misleading statements and failing to disclose certain information regarding the Company’s business with the City of San Diego. The factual allegations upon which these claims are based are similar to the factual allegations made in the class action lawsuit filed against the Company on April 15, 2019. The Company has not accrued for any liability related to this lawsuit at this time. On September 20, 2019, a shareholder derivative complaint was filed against certain of the Company’s directors and officers in the United States District Court for the District of Arizona. The case is captioned Manley v. Mahoney, et al., No. 2:19-cv-05233-DLR (D. Ariz.). The complaint alleges breach of fiduciary duties, unjust enrichment, abuse of control, gross mismanagement, and waste of corporate assets. The factual allegations upon which these claims are based are similar to the factual allegations made in the Securities Class Action Litigation, described above. The complaint seeks, among other things, unspecified damages for the Company from the individual defendants, the payment of costs and attorneys’ fees, and that the Company be directed to reform certain governance and internal procedures. As of September 30, 2019, the Company has not accrued for any litigation contingency.

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	NOTE 10 – LEASES The Company has entered into various operating and finance lease agreements. The finance lease agreements include equipment and vehicles for the use in daily operations and range from five to six-year terms. ● The Company currently has seventeen office leases. The first operating lease is for its welding supply store in Clearwater, FL, effective September 1, 2018, for ten years. The initial lease rate was $6,728 per month with escalating payments 2% annual rent increases. ● The second lease is a short-term lease for its welding supply store in Spring Hill, FL. This lease was effective May 1, 2018 and will end on April 30, 2019. The current lease rate is $1,338 per month. ● The third operating lease is for its welding supply store in Lakeland, FL, from March 31, 2016 through March 31, 2020. The initial lease rate was $2,100 per month with escalating payments. ● The fourth operating lease is for its welding supply store in Sarasota, FL, from August 1, 2016 through July 31, 2021. The current lease rate is $1,700 per month. ● The fifth operating lease is for its welding supply store in Sulphur Springs, TX, from February 1, 2019 through January 31, 2020. The current lease rate is $2,000 per month. ● The sixth lease is a short-term lease for its welding supply store in Woodland, CA, from April 4, 2018 through April 3, 2019. The current lease rate is $14,000 per month. ● The seventh operating lease is for its gas fill plant in Flint, TX, from August 24, 2015 through August 23, 2020. The current lease rate is $900 per month. ● The eighth operating lease is for its storage facility in Flint, TX, from August 1, 2016 through August 23, 2020. The current lease rate is $5,500 per month. ● The ninth operating lease is for its welding supply store in Shreveport, LA, from December 1, 2015 through May 31, 2021. The initial lease rate was $2,846 per month with escalating payments. ● The tenth operating lease is for its welding supply store in Palestine, TX, from August 13, 2015 through August 12, 2020. The current lease rate is $1,800 per month. ● The eleventh operating lease is for its welding supply store in Paris, TX, from October 18, 2018 through October 17, 2020. The current lease rate is $3,000 per month. ● The twelfth operating lease is for its welding supply store in Longview, TX, from October 27, 2018 through October 26, 2020. The current lease rate is $2,000 per month. ● The thirteenth operating lease is for its cylinder repair shop in Tyler, TX, from February 16, 2019 through February 15, 2020. The current lease rate is $2,500 per month. ● The fourteenth operating lease is for its welding supply store in Tyler, TX, from January 17, 2019 through January 16, 2020. The current lease rate is $6,500 per month. ● The fifteenth operating lease is for its welding supply store in Compton, CA, from February 22, 2019 through October 31, 2026. The current lease rate is $29,400 per month. ● The sixteenth operating lease is for its welding supply store in Pomona, CA, from February 22, 2019 through October 31, 2026. The current lease rate is $11,200 per month. ● The seventeenth operating lease is for its welding supply store in Oxnard, CA, from February 22, 2019 through February 1, 2020. The initial lease rate was $3,394 per month with escalating payments. ● The eighteenth operating lease is for its welding supply store in Lynwood, CA, from April 1, 2019 through September 30, 2023. The initial lease rate was $2,000 per month with escalating payments. The Company has no other operating with terms greater than 12 months. The Company adopted ASC Topic 842 effective January 1, 2019 using the prospective approach. In addition, the Company elected not to apply ASC Topic 842 to arrangements with lease terms of 12 months or less. On January 1, 2019, upon adoption of ASC Topic 842, the Company recorded right-of-use assets of approximately $4.0 million, lease liability of approximately $4.1 million, and eliminated deferred rent of $0. In addition, on April 1, 2019, the Company recorded an additional right-of-use asset for approximately $0.1 million for a total righ-of-use assets and lease liability of approximately $4.2 million. The Company determined the lease liability using the Company’s estimated incremental borrowing rate of 8.0% to estimate the present value of the remaining monthly lease payments. Supplemental balance sheet information related to leases was as follows (in thousands): Operating Leases: Operating lease right-of-use assets $ 3,569 Current portion included in current liabilities $ 625 Long-term portion included in non-current liabilities 2,944 Total operating lease liabilities $ 3,569 Other current liabilities $ 90 Other long-term liabilities 97 Total finance lease liabilities $ 187 Supplemental lease expense related to leases was as follows: For the Three September 30, 2019 For the Nine Months Ended September 30, 2019 Operating lease expense $ 259 $ 769 Finance lease expense: Amortization of right-of-use assets $ 62 $ 106 Interest on lease liabilities - 6 Total finance lease expense $ 62 $ 112 Total lease expense $ 321 $ 881 Other information related to leases where the Company is the lessee is as follows: For the Nine September 30, 2019 Weighted average remaining lease term: Operating leases 80.7 years Finance leases 37.5 years Weighted average discount rate: Operating leases 8.0 % Finance leases 3.9 % Maturities of lease liabilities were as follows: Operating Finance Remainder of 2019 $ 255 $ 23 2020 802 85 2021 627 64 2022 596 34 Thereafter 2,360 6 Total lease payments 4,640 212 Less: Present value adjustment (1,071 ) (25 ) Total liability $ 3,569 $ 187

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 11 – SUBSEQUENT EVENTS Consultants During the period of September 30, 2019 through the date of this filing, the Company issued 247,155 shares of common stock to various consultants as compensation for their services. Securities Settlement Agreement On October 11, 2019, the Company entered into a Securities Settlement Agreement (“SSA”) with Maxim Group, LLC (“Maxim”). Under the terms of the SSA, the Company issued Maxim 175,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at a rounded purchase price of $1.22 per share (the “Offering”). The Company did not directly receive any cash proceeds from the Offering, but an approximate $0.2 million placement agent fee owed to Maxim was satisfied in full. Settlement Agreement and Stipulation On October 14, 2019, the Company entered into a Settlement Agreement and Stipulation (“Agreement”) with Silverback Capital Corporation (“SBC”) for the settlement of approximately $1.8 million in outstanding liabilities owned by SBC in exchange for shares of free trading common stock to be issued after dismissal of the matter in one or more tranches in accordance with the Agreement. The settlement of the matter resulted in the Company’s free and clear ownership of approximately 5,826 gas cylinder assets used in the operation of its business. As a result of the judgment, Silverback hereby requests the issuance of “Settlement Shares,” and in satisfaction of the $1,837,964 “Claim Amount” per the Settlement Agreement, the issuance of approximately 4.3 million shares, to be delivered pursuant to Section 3(a)(10) of the Securities Act based upon the court’s finding herein that the terms and conditions of the issuance of such shares to Silverback are fair dated as of November 7, 2019. Note Payable On October 4, 2019, the Company entered into a non-recourse Agreement for the Purchase and Sale of Future Receipts with C6 Capital Funding, LLC (“C6”) to increase the Company’s accounts receivable line of credit with C6 that it originally entered into on June 6, 2019. The Company sold an additional $0.1 million in future receipts at a purchase price of approximately $0.1 million. On November 4, 2019, the Company entered into an extension agreement with YA II PN, Ltd. Pursuant to the terms of the extension agreement the maturity date of the outstanding convertible debenture held by YA II PN, Ltd. was extended to December 3, 2019. Joint Venture On November 14, 2019, Taronis Technologies, Inc., announced the formation of a new joint venture within the Republic of Turkey. The new Turkish company is called Taronis Fuels Turkey Gas Enerji Sanayi ve Ticaret Limited Şirketi. This new entity is domiciled in Ankara, and is currently owned 74% by Taronis Fuels, Inc, and 26% by MC Consulting Teknoloji Enerji Danişmanlik Sanayi ve Ticaret Limited Şirketi November Registered Direct Offering On November 13, 2019, the Company entered into a Securities Purchase Agreement (“SPA”) with institutional investors (“Investors”) pursuant to which the Company agreed to issue and sell to each Investor, and each Investor severally, but not jointly, agreed to purchase from the Company an aggregate of 2,097,496 shares of the Company’s Common Stock, par value $0.001 per share, 3,500 shares of Series G Convertible Preferred Stock, and 3,111,111 Common Stock Purchase Warrants (collectively, the “Transaction Securities”) for a total gross purchase price of $3.5 million (the “Offering”). The Preferred Shares have a fixed conversion price of $2.25 and will be convertible into an aggregate of 1,555,556 shares of Common Stock. The Warrants are exercisable at a price of $1.91 per share for an aggregate of 3,111,111 shares of Common Stock, representing two hundred percent (200%) of the total number of shares of common stock issuable upon conversion of the Preferred Shares. The offering closed on November 15, 2019.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) for interim financial information and include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the accompanying condensed consolidated financial statements reflect all adjustments, consisting of normal, recurring adjustments, considered necessary for a fair presentation of the results for the interim periods ended September 30, 2019 and 2018. As this is an interim period financial statement, certain adjustments are not necessary as with a financial period of a full year. Although management believes that the disclosures in these unaudited condensed consolidated financial statements are adequate to make the information presented not misleading, certain information and footnote disclosures normally included in financial statements that have been prepared in accordance U.S. GAAP have been condensed or omitted pursuant to the rules and regulations of the SEC. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s financial statements for the year ended December 31, 2018, which contains the audited financial statements and notes thereto, for the years ended December 31, 2018 and 2017 included within the Company’s Form 10-K filed with the SEC on April 12, 2019. The interim results for the three and nine months ended September 30, 2019 are not necessarily indicative of the results to be expected for the year ended December 31, 2019 or for any future interim periods.
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, collection 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 September 30, 2019 was approximately $0.8 million. 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 September 30, 2019, and 2018 the Company had no cash equivalents. Restricted cash consists of cash deposited with a financial institution for approximately $0.8 million held in an escrow account. The following table provides a reconciliation of cash and restricted cash reported in the unaudited condensed consolidated balance sheets that sum to the total of the same amounts show in the statement of cash flows (dollar amounts in thousands): September 30, 2019 2018 Cash $ 536 $ 1,836 Restricted deposits 816 - Total cash and restricted cash in the balance sheet $ 1,352 $ 1,836
Revenue Recognition	Revenue Recognition The Company follows the guidance of ASC Topic 606, Revenue from Contracts with Customers (“ASC Topic 606”). The 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 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 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 obligation. 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. The following table represents external net sales disaggregated by product category for the three and nine months ended September 30, 2019 and 2018 (dollar amounts in thousands): For the three months ended September 30 For the nine months ended September 30 2019 2018 2019 2018 Gas sold 1,413 $ 1,461 $ 9,106 $ 3,981 Equipment rentals 84 134 557 269 Equipment sales 1,656 332 4,028 1,730 Other 2,166 672 2,442 698 Total Revenues from Customers 5,319 $ 2,599 $ 16,133 $ 6,678
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.
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 for employees, officers and directors of approximately $1.0 million and approximately $0.0 for the three months ended September 30, 2019 and 2018, respectively, and approximately $3.1 million and approximately $0.1 million for the nine months ended September 30, 2019 and 2018, respectively, and has included such amounts in selling, general and administrative expenses in the unaudited condensed consolidated statement of operations. The Company incurred stock-based compensation charges for non-employees, net of estimated forfeitures of approximately $1.7 million and approximately $0.1 million for the three months ended September 30, 2019 and 2018, respectively, and approximately $3.6 million and approximately $0.2 million for the nine months ended September 30, 2019 and 2018, respectively, and has included such amounts in selling, general and administrative expenses in the unaudited condensed consolidated statements of operations.
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 September 30, 2019, and 2018 the Company’s common stock equivalents outstanding were as follows: September 30, 2019 2018 Options 2,298 462 Common Stock Warrants 505,339 9,294 Convertible preferred stock - 4,445 Total common stock equivalents outstanding 507,637 14,201
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 11.
Recent Accounting Standards	Recent Accounting Pronouncements Adopted Accounting Standards The Company adopted ASC Topic 842 effective January 1, 2019 using the prospective approach. As a result of the adoption of the new lease accounting guidance, on January 1, 2019 the Company recognized (a) a lease liability of approximately $4.1 million, which represents the present value of the remaining lease payments, discounted using the Company’s incremental borrowing rate of 8.0%, and (b) a right-of-use asset of approximately $4.1 million. The most significant impact was the recognition of right-of-use assets and lease obligations for operating leases. Accounting Standards Not Yet Adopted In August 2018, the 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. In April 2019, the FASB issued Accounting Standards Update (“ASU”) No. 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. ASU 2019-04 provides further Updates related to financial instruments, following Updates 2016-01, 2016-13 and 2017-12. The amendments in ASU 2019-04 will be effective as of the beginning of the first annual reporting period beginning after April 25, 2019. Early adoption is permitted, including adoption on any date on or after April 25, 2019. The Company is currently evaluating the potential impact of adopting this guidance on its consolidated financial statements. In May 2019, the FASB issued Accounting Standards Update (“ASU”) No. 2019-05, Financial Instruments – Credit Losses (Topic 362): Targeted Transition Relief. ASU 2019-05 is an update to ASU 2016-13, Financial Instruments – Credit Losses (Topic 362): Measurement of Credit Losses on Financial Instruments. The amendments in ASU 2019-05 will be effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted in any interim period after the issuance of this Update as long as an entity has adopted the amendments in Update 2016-13. The Company is currently evaluating the potential impact of adopting this guidance on its consolidated financial statements. In July 2019, the FASB issued Accounting Standards Update (“ASU”) No. 2019-07, Codification Updates to SEC Sections. ASU 2019-07 provides amendments to SEC paragraphs pursuant to SEC Final Rule Releases No. 33-10532, Disclosure Update and Simplification Investment Company Reporting Modernization

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Schedule of Reconciliation of Cash and Restricted Cash	The following table provides a reconciliation of cash and restricted cash reported in the unaudited condensed consolidated balance sheets that sum to the total of the same amounts show in the statement of cash flows (dollar amounts in thousands): September 30, 2019 2018 Cash $ 536 $ 1,836 Restricted deposits 816 - Total cash and restricted cash in the balance sheet $ 1,352 $ 1,836
Schedule of Net Sales Disaggregation by Product Category	The following table represents external net sales disaggregated by product category for the three and nine months ended September 30, 2019 and 2018 (dollar amounts in thousands): For the three months ended September 30 For the nine months ended September 30 2019 2018 2019 2018 Gas sold 1,413 $ 1,461 $ 9,106 $ 3,981 Equipment rentals 84 134 557 269 Equipment sales 1,656 332 4,028 1,730 Other 2,166 672 2,442 698 Total Revenues from Customers 5,319 $ 2,599 $ 16,133 $ 6,678
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	As of September 30, 2019, and 2018 the Company’s common stock equivalents outstanding were as follows: September 30, 2019 2018 Options 2,298 462 Common Stock Warrants 505,339 9,294 Convertible preferred stock - 4,445 Total common stock equivalents outstanding 507,637 14,201

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Schedule of Allocation of Consideration Transferred	The preliminary allocation of the consideration transferred is as follows (dollar amounts in thousands): Cash $ 2,500 Total purchase price $ 2,500 Accounts receivable $ 572 Cash 43 Inventory 572 Customer relationships 250 Cylinders and trucks 183 Accounts payable assumed (653 ) Total purchase price allocation $ 967 Goodwill $ 1,533 The preliminary allocation of the consideration transferred is as follows (dollar amounts in thousands): Cash $ 1,500 Total purchase price $ 1,500 Accounts receivable $ 14 Cash 26 Cylinders and trucks 336 Accounts payable assumed (41 ) Total purchase price allocation $ 335 Goodwill $ 1,165 The allocation of the consideration transferred is as follows (dollar amounts in thousands): Cash $ 2,500 Total purchase price $ 2,500 Accounts receivable $ 456 Customer relationships 250 Cylinders and trucks 378 Accounts payable assumed (317 ) Total purchase price allocation $ 767 Goodwill $ 1,733 The allocation of the consideration transferred is as follows (dollar amounts in thousands): Stock Issued $ 2,231 Total purchase price $ 2,231 Developed technology $ 2,231 Total purchase price allocation $ 2,231 Goodwill $ -
Schedule of Proforma Information of Operations	The following proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods (dollar amounts in thousands except for per share data). For the three months ended For the nine months ended 2019 2018 2019 2018 Revenues $ 5,640 $ 5,623 $ 16,919 $ 16,869 Gross Profit 2,604 2,318 7,812 6,954 Operating Loss (6,972 ) (3,512 ) (20,916 ) (10,536 ) Net Loss $ (6,932 ) $ (3,607 ) $ (20,795 ) $ (10,821 ) Weighted Average Common Stock Outstanding 16,758,496 363,072 8,516,344 599,170 Loss per Common Share – Basic and Diluted (0.41 ) (9.93 ) (2.44 ) (18.06 )

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows (in thousands): Operating Leases: Operating lease right-of-use assets $ 3,569 Current portion included in current liabilities $ 625 Long-term portion included in non-current liabilities 2,944 Total operating lease liabilities $ 3,569 Other current liabilities $ 90 Other long-term liabilities 97 Total finance lease liabilities $ 187
Schedule of Supplemental Lease Expense Related to Leases	Supplemental lease expense related to leases was as follows: For the Three September 30, 2019 For the Nine Months Ended September 30, 2019 Operating lease expense $ 259 $ 769 Finance lease expense: Amortization of right-of-use assets $ 62 $ 106 Interest on lease liabilities - 6 Total finance lease expense $ 62 $ 112 Total lease expense $ 321 $ 881
Schedule of Other Information Related to Leases	Other information related to leases where the Company is the lessee is as follows: For the Nine September 30, 2019 Weighted average remaining lease term: Operating leases 80.7 years Finance leases 37.5 years Weighted average discount rate: Operating leases 8.0 % Finance leases 3.9 %
Schedule of Maturities of Lease Liabilities	Maturities of lease liabilities were as follows: Operating Finance Remainder of 2019 $ 255 $ 23 2020 802 85 2021 627 64 2022 596 34 Thereafter 2,360 6 Total lease payments 4,640 212 Less: Present value adjustment (1,071 ) (25 ) Total liability $ 3,569 $ 187

Going Concern and Managements_2

Going Concern and Managements' Plan (Details Narrative) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash	$ 536,000			$ 1,836,000			$ 536,000	$ 1,836,000	$ 1,599,000
Net loss	8,264,000	$ 5,375,000	$ 6,162,000	$ 3,613,000	$ 3,495,000	$ 3,019,000	19,801,000	10,127,000
Cash in operation							11,691,000	$ 6,344,000
Working capital	1,500,000						1,500,000
Accumulated deficit	$ (99,421,000)						(99,421,000)		$ (79,620,000)
Cash burn rate amount							$ 1,300,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Jan. 02, 2019	Dec. 31, 2018
Cash in foreign financial institution	$ 800		$ 800
Cash equivalents
Restricted deposit	816		816			$ 806
Operating lease liability	3,569		3,569
Operating lease right-of-use assets	3,569		3,569
Employees [Member]
Stock based compensation	1,000	0	3,100	100
Non-Employees [Member]
Stock based compensation	$ 1,700	$ 100	$ 3,600	$ 200
Operating lease liability					$ 4,100
Lease discount rate					8.00%
Operating lease right-of-use assets					$ 4,100

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Reconciliation of Cash and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Accounting Policies [Abstract]
Cash	$ 536	$ 1,599	$ 1,836
Restricted deposits	816
Total cash and restricted cash in the balance sheet	$ 1,352		$ 1,836

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Net Sales Disaggregation by Product Category (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues from Customers	$ 5,319	$ 2,599	$ 16,133	$ 6,678
Sales Revenue [Member]
Revenues from Customers	5,319	2,599	16,133	6,678
Sales Revenue [Member] | Gas Sold [Member]
Revenues from Customers	1,413	1,461	9,106	3,981
Sales Revenue [Member] | Equipment Rentals [Member]
Revenues from Customers	84	134	557	269
Sales Revenue [Member] | Equipment Sales [Member]
Revenues from Customers	1,656	332	4,028	1,730
Sales Revenue [Member] | Other [Member]
Revenues from Customers	$ 2,166	$ 672	$ 2,442	$ 698

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Total common stock equivalents outstanding	507,637	14,201
Options [Member]
Total common stock equivalents outstanding	2,298	462
Common Stock Warrants [Member]
Total common stock equivalents outstanding	505,339	9,294
Convertible Preferred Stock [Member]
Total common stock equivalents outstanding		4,445

Acquisitions (Details Narrative

Acquisitions (Details Narrative) - USD ($) $ in Thousands	Aug. 13, 2019	May 31, 2019	Feb. 22, 2019	Feb. 15, 2019	Jan. 16, 2019
Total purchase price		$ 2,231	$ 2,500	$ 1,500	$ 2,500
Securities Purchase Agreement [Member] | Texas Corporation [Member]
Ownership percentage					100.00%
Gross purchase price of capital stock purchase					$ 2,500
Securities Purchase Agreement [Member] | Cylinder Solutions, Inc [Member] | Melvin Ruyle, Jered Ruyle and Janson Ruyle (Seller's) [Member]
Ownership percentage				100.00%
Gross purchase price of capital stock purchase				$ 1,500
Asset Purchase Agreement [Member]
Total purchase price			$ 2,500
Purchase and Sale Agreement [Member] | Water Pilot, LLC [Member]
Ownership percentage		51.00%
Gross purchase price of capital stock purchase		$ 1,300
Number of restricted common shares issued	1,129,682
Value of restricted common shares issued	$ 1,000

Acquisitions - Schedule of Allo

Acquisitions - Schedule of Allocation of Consideration Transferred (Details) - USD ($) $ in Thousands	May 31, 2019	Feb. 22, 2019	Feb. 15, 2019	Jan. 16, 2019	Sep. 30, 2019	Dec. 31, 2018
Business Combinations [Abstract]
Cash		$ 2,500	$ 1,500	$ 2,500
Total purchase price	$ 2,231	2,500	1,500	2,500
Accounts Receivable		456	14	572
Cash			26	43
Inventory				572
Customer relationships		250		250
Cylinders and trucks		378	336	183
Accounts payable assumed		(317)	(41)	(653)
Total purchase price allocation	$ 2,231	767	335	967
Stock Issued	2,231
Developed technology	$ 2,231
Goodwill		$ 1,733	$ 1,165	$ 1,533	$ 11,123	$ 6,691

Acquisitions - Schedule of Prof

Acquisitions - Schedule of Proforma Information of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Business Combinations [Abstract]
Revenues	$ 5,640	$ 5,623	$ 16,919	$ 16,869
Gross Profit	2,604	2,318	7,812	6,954
Operating Loss	(6,972)	(3,512)	(20,916)	(10,536)
Net Loss	$ (6,932)	$ (3,607)	$ (20,795)	$ (10,821)
Weighted Average Common Stock Outstanding	16,758,496	363,072	8,516,344	599,170
Loss per Common Share – Basic and Diluted	$ (0.41)	$ (9.93)	$ (2.44)	$ (18.06)

Notes Payable (Details Narrativ

Notes Payable (Details Narrative)	Jun. 06, 2019USD ($)	May 03, 2019USD ($)Number$ / shares	Feb. 22, 2019USD ($)Number	Oct. 18, 2018USD ($)Number	Sep. 30, 2019USD ($)$ / shares	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)$ / sharesshares	Dec. 31, 2018$ / shares
Debt Instrument [Line Items]
Notes payable					$ 500,000				$ 500,000
Number of common stock issued during period, value					$ 5,407,000	$ 2,484,000	$ 17,840,000	$ 664,000
Common stock, par value | $ / shares					$ 0.001				$ 0.001	$ 0.001
Convertible debentures					$ 1,000,000
Cylinder Purchase Agreement [Member]
Debt Instrument [Line Items]
Number of cylinder purchase | Number			10,000	1,000
Payments to acquire cylinders				$ 300,000
Notes payable					1,900,000				1,900,000
Cylinder Purchase Agreement [Member] | Additional Cylinders [Member]
Debt Instrument [Line Items]
Number of cylinder purchase | Number			2,334
Payments to acquire cylinders			$ 700,000
Cylinder Purchase Agreement [Member] | Remaining Cylinders [Member]
Debt Instrument [Line Items]
Number of cylinder purchase | Number			6,666
Payments to acquire cylinders			$ 2,000,000
Debt instrument period			2 years
Securities Purchase Agreement [Member]
Debt Instrument [Line Items]
Number of common stock issued during period, value		$ 500,000,000
Common stock, par value | $ / shares		$ 0.001
Convertible debentures		$ 1,500,000
Convertible debt					$ 1,000,000				$ 1,000,000
Stock issued during period | shares									3,847,927
Proceeds from issuance of stock		$ 1,900,000
Conversion price percentage		85.00%
Trading days | Number		10
Securities Purchase Agreement [Member] | Transaction Securities [Member]
Debt Instrument [Line Items]
Convertible debentures		$ 2,000,000
Purchase and Sale of Future Receipts [Member] | C6 Capital [Member]
Debt Instrument [Line Items]
Number of receipts sold	$ 600,000
Future receipts	800,000
Repayment of debt	$ 20,000
Purchase and Sale of Future Receipts [Member] | C6 Capital [Member] | Twelve Payments [Member]
Debt Instrument [Line Items]
Repayment of debt									$ 100,000

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Aug. 19, 2019	Aug. 14, 2019	Aug. 13, 2019	Aug. 05, 2019	Jul. 24, 2019	Jul. 18, 2019	Jul. 17, 2019	Jul. 16, 2019	Jul. 15, 2019	Jul. 12, 2019	Jul. 11, 2019	Jul. 08, 2019	Jun. 06, 2019	Jun. 05, 2019	May 08, 2019	May 03, 2019	Feb. 08, 2019	Jan. 11, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Common stock, par value																			$ 0.001						$ 0.001		$ 0.001
Number of common stock issued during period, value																			$ 5,407,000	$ 2,484,000	$ 17,840,000	$ 664,000
Proceeds for common stock issued																									$ 27,970,000	$ 664,000
Common shares issued for services, value																			2,605,000	$ 2,197,000	$ 1,842,000	$ 853,000	$ 712,000	$ 349,000
Stock issued during period, acquisitions, value																								$ 1,260,000
Water Pilot, LLC [Member]
Stock issued during period, acquisitions, value																			$ 225,936,000						$ 775,268,000
Stock issued during period, acquisitions, shares																			1,000						2,200
Consultants [Member]
Common shares issued for services, shares																			1,112,388			419,371			2,952,369	776,737
Common shares issued for services, value																			$ 2,600,000			$ 500,000			$ 6,600,000	$ 2,700,000
Ermanno Santilli [Member]
Number of common stock issued during period, shares																			612,131						612,131
Number of common stock issued during period, value																			$ 200,000						$ 200,000
Securities Purchase Agreement [Member]
Number of common stock issued during period, shares																									3,847,927
Common stock, par value																$ 0.001
Number of common stock issued during period, value																$ 500,000,000
Underwriting Agreement [Member]
Number of common stock issued during period, shares																			1,162,500						2,687,392
Proceeds for common stock issued																									$ 18,500,000
Shares exercised during period																			1,550,000
Underwriting Agreement [Member] | Maxim Group LLC [Member]
Number of common stock issued during period, shares																	10,800,000
Common stock, par value																	$ 0.001
Warrants to purchase of common stock																	8,100,000
Private placement, warrant gross purchase price																	$ 13,500,000
Underwriting Agreement [Member] | Stourbridge Investments, LLC and Corneille Fund [Member]
Shares exercised during period															4,500
Underwriting Agreement [Member] | BJI Financial Group, Inc [Member]
Shares exercised during period														6,000
Underwriting Agreement [Member] | Hudson Bay, Pershing, Sabby, CVI Investments, Stephen Cohen, and Empery [Member]
Shares exercised during period												1,263,100
Underwriting Agreement [Member] | Pershing [Member]
Shares exercised during period		13,750					60,000		58,134	5,000	9,750
Underwriting Agreement [Member] | Pershing, CVI Investments, and Hudson Bay [Member]
Shares exercised during period								459,375
Underwriting Agreement [Member] | Steven Cohen, Redwood Partners II, LLC, and 409 Jefferson, LLC [Member]
Shares exercised during period						3,000
Underwriting Agreement [Member] | KBB Asset Management [Member]
Shares exercised during period					17,250
Underwriting Agreement [Member] | Steven Cohen [Member]
Shares exercised during period				750
Underwriting Agreement [Member] | Warberg WF VII LP [Member]
Shares exercised during period			9,000
Underwriting Agreement [Member] | Pershing and Bellagirl Media, LLC [Member]
Shares exercised during period	1,950
Sales Agreement [Member]
Number of common stock issued during period, shares																									34,523,000
Common stock, par value													$ 0.001
Number of common stock issued during period, value													$ 7,300,000												$ 7,300,000
Common Stock [Member]
Number of common stock issued during period, shares																			5,098,182	2,023,811	2,470,000	44,250
Number of common stock issued during period, value																			$ 5,000	$ 2,000	$ 2,000	$ 4,000
Common shares issued for services, shares																			1,112,388	1,123,699	716,282	20,969	11,552	6,317
Common shares issued for services, value																			$ 1,000	$ 1,000	$ 1,000	$ 2,000	$ 1,000	$ 1,000
Stock issued during period, acquisitions, value																								$ 1,000
Stock issued during period, acquisitions, shares																								9,615
Common Stock [Member] | Securities Purchase Agreement [Member]
Number of common stock issued during period, shares																		1,550,000
Common stock, par value																		$ 0.001
Warrants to purchase of common stock																		1,550,000
Number of common stock issued during period, value																		$ 4,300,000
Proceeds for common stock issued																		$ 4,000,000

Preferred Stock (Details Narrat

Preferred Stock (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Mar. 08, 2019	Sep. 30, 2019	Dec. 31, 2018
Common stock, par value		$ 0.001	$ 0.001
Common Stock [Member]
Number of shares converted		769,585
Investor [Member] | Preferred Series E [Member]
Number of shares converted	5,000
Investor [Member] | Common Stock [Member]
Number of shares converted	500,000
Common stock, par value	$ 0.001
Investor [Member] | Purchase and Conversion Agreement [Member]
Payments for repurchase of convertible preferred stock	$ 3,500
Series C Preferred Stock [Member] | Investor [Member] | Purchase and Conversion Agreement [Member]
Number of shares repurchased, shares	499
Series E Preferred Stock [Member] | Investor [Member] | Purchase and Conversion Agreement [Member]
Number of shares repurchased, shares	31,765

Common Stock Warrants (Details

Common Stock Warrants (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Feb. 08, 2019	Jan. 11, 2019
Warrants to purchase common stock	505,339
Proceeds from warrant exercises	$ 1,202,000	$ 1,000
Reverse stock split	1 for 5 reverse stock split
Securities Purchase Agreement [Member]
Warrants to purchase common stock				1,550,000
Warrants exercise price per share				$ 4.64
Underwriting Agreement [Member]
Warrants to purchase common stock	1,931,550		8,932,500
Warrants exercise price per share			$ 0.14
Proceeds from warrant exercises	$ 1,200,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	9 Months Ended
	Sep. 30, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
Litigation settlement

Leases (Details Narrative)

Leases (Details Narrative) - USD ($)	Sep. 01, 2018	May 01, 2018	Sep. 30, 2019	Apr. 02, 2019	Jan. 02, 2019	Dec. 31, 2018
Operating lease right-of-use assets			$ 3,569,000
Operating lease liability			3,569,000
ASC Topic 842 [Member]
Operating lease right-of-use assets					$ 4,100,000
Operating lease liability				$ 4,200,000	4,100,000
Deferred rent					$ 0
Additional right of use assets				$ 100,000
Borrowing lease rate					8.00%
First Operating Lease [Member]
Lease term	10 years
Operating lease rate per month	$ 6,728
Lease rent percentage	2.00%
Second Operating Lease [Member]
Operating lease rate per month		$ 1,338
Lease maturity date		Apr. 30, 2019
Third Operating Lease [Member]
Operating lease rate per month			$ 2,100
Lease description			The third operating lease is for its welding supply store in Lakeland, FL, from March 31, 2016 through March 31, 2020.
Fourth Operating Lease [Member]
Operating lease rate per month			$ 1,700
Lease description			The fourth operating lease is for its welding supply store in Sarasota, FL, from August 1, 2016 through July 31, 2021.
Fifth Operating Lease [Member]
Operating lease rate per month			$ 2,000
Lease description			The fifth operating lease is for its welding supply store in Sulphur Springs, TX, from February 1, 2019 through January 31, 2020.
Sixth Operating Lease [Member]
Operating lease rate per month			$ 14,000
Lease description			The sixth lease is a short-term lease for its welding supply store in Woodland, CA, from April 4, 2018 through April 3, 2019
Seventh Operating Lease [Member]
Operating lease rate per month			$ 900
Lease description			The seventh operating lease is for its gas fill plant in Flint, TX, from August 24, 2015 through August 23, 2020.
Eighth Operating Lease [Member]
Operating lease rate per month			$ 5,500
Lease description			The eighth operating lease is for its storage facility in Flint, TX, from August 1, 2016 through August 23, 2020.
Ninth Operating Lease [Member]
Operating lease rate per month			$ 2,846
Lease description			The ninth operating lease is for its welding supply store in Shreveport, LA, from December 1, 2015 through May 31, 2021.
Tenth Operating Lease [Member]
Operating lease rate per month			$ 1,800
Lease description			The tenth operating lease is for its welding supply store in Palestine, TX, from August 13, 2015 through August 12, 2020.
Eleventh Operating Lease [Member]
Operating lease rate per month			$ 3,000
Lease description			The eleventh operating lease is for its welding supply store in Paris, TX, from October 18, 2018 through October 17, 2020.
Twelfth Operating Lease [Member]
Operating lease rate per month			$ 2,000
Lease description			The twelfth operating lease is for its welding supply store in Longview, TX, from October 27, 2018 through October 26, 2020.
Thirteenth Operating Lease [Member]
Operating lease rate per month			$ 2,500
Lease description			The thirteenth operating lease is for its cylinder repair shop in Tyler, TX, from February 16, 2019 through February 15, 2020.
Fourteenth Operating Lease [Member]
Operating lease rate per month			$ 6,500
Lease description			The fourteenth operating lease is for its welding supply store in Tyler, TX, from January 17, 2019 through January 16, 2020.
Fifteenth Operating Lease [Member]
Operating lease rate per month			$ 2,940
Lease description			The fifteenth operating lease is for its welding supply store in Compton, CA, from February 22, 2019 through October 31, 2026.
Sixteenth Operating Lease [Member]
Operating lease rate per month			$ 11,200
Lease description			The sixteenth operating lease is for its welding supply store in Pomona, CA, from February 22, 2019 through October 31, 2026.
Seventeenth Operating Lease [Member]
Operating lease rate per month			$ 3,394
Lease description			The seventeenth operating lease is for its welding supply store in Oxnard, CA, from February 22, 2019 through February 1, 2020.
Eighteenth Operating Lease [Member]
Operating lease rate per month			$ 2,000
Lease description			The eighteenth operating lease is for its welding supply store in Lynwood, CA, from April 1, 2019 through September 30, 2023.
Finance Lease Agreement [Member] | Minimum [Member]
Finance lease term			5 years
Finance Lease Agreement [Member] | Maximum [Member]
Finance lease term			6 years

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Leases [Abstract]
Operating lease right-of-use assets	$ 3,569
Current portion included in current liabilities	625
Long-term portion included in non-current liabilities	2,944
Total operating lease liabilities	3,569
Other current liabilities	90	90
Other long-term liabilities	97	$ 203
Total finance lease liabilities	$ 187

Leases - Schedule of Suppleme_2

Leases - Schedule of Supplemental Lease Expense Related to Leases (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Leases [Abstract]
Operating lease expense	$ 259,000	$ 769,000
Finance lease expense, Amortization of right-of-use assets	62,000	106,000
Finance lease expense, Interest on lease liabilities		6,000
Total finance lease expense	62,000	112,000
Total lease expense	$ 321,000	$ 881,000

Leases - Schedule of Other Info

Leases - Schedule of Other Information Related to Leases (Details)	Sep. 30, 2019
Leases [Abstract]
Weighted average remaining lease term, Operating leases	80 years 8 months 12 days
Weighted average remaining lease term, Finance leases	37 years 6 months
Weighted average discount rate, Operating leases	8.00%
Weighted average discount rate, Finance leases	3.90%

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Lease Liabilities (Details) $ in Thousands	Sep. 30, 2019USD ($)
Leases [Abstract]
Operating Leases, Remainder of 2019	$ 255
Operating Leases, 2020	802
Operating Leases, 2021	627
Operating Leases, 2022	596
Operating Leases, Thereafter	2,360
Operating Leases, Total lease payments	4,640
Operating Leases, Less: Present value adjustment	(1,071)
Operating Leases, Lease liability	3,569
Finance Leases, Remainder of 2019	23
Finance Leases, 2020	85
Finance Leases, 2021	64
Finance Leases, 2022	34
Finance Leases, Thereafter	6
Finance Leases, Total lease payments	212
Finance Leases, Less: Present value adjustment	(25)
Finance Leases, Lease liability	$ 187

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)	Nov. 13, 2019USD ($)$ / sharesshares	Nov. 04, 2019	Oct. 14, 2019USD ($)Numbershares	Oct. 11, 2019USD ($)$ / sharesshares	Nov. 14, 2019shares	Sep. 30, 2019USD ($)$ / sharesshares	Sep. 30, 2018shares	Sep. 30, 2019USD ($)$ / sharesshares	Sep. 30, 2018shares	Oct. 04, 2019USD ($)	Dec. 31, 2018USD ($)$ / shares
Subsequent Event [Line Items]
Common stock, par value | $ / shares						$ 0.001		$ 0.001			$ 0.001
Liabilities | $						$ 11,488,000		$ 11,488,000			$ 4,345,000
Number of shares called by warrants						505,339		505,339
Consultants [Member]
Subsequent Event [Line Items]
Number of shares issued for services						1,112,388	419,371	2,952,369	776,737
Subsequent Event [Member] | YA II PN, Ltd [Member]
Subsequent Event [Line Items]
Maturity date description		The Company entered into an extension agreement with YA II PN, Ltd. Pursuant to the terms of the extension agreement the maturity date of the outstanding convertible debenture held by YA II PN, Ltd
Maturity date		Dec. 3, 2019
Subsequent Event [Member] | Taronis Fuels, Inc [Member] | Taronis Fuels Turkey Gas Enerji Sanayi ve Ticaret Limited Şirketi [Member]
Subsequent Event [Line Items]
Equity method investment, ownership percentage					74.00%
Subsequent Event [Member] | MC Consulting Teknoloji Enerji Danişmanlik Sanayi ve Ticaret Limited Şirketi [Member] | Taronis Fuels Turkey Gas Enerji Sanayi ve Ticaret Limited Şirketi [Member]
Subsequent Event [Line Items]
Equity method investment, ownership percentage					26.00%
Subsequent Event [Member] | Securities Settlement Agreement [Member]
Subsequent Event [Line Items]
Number of common stock issued during period, shares				175,000
Common stock, par value | $ / shares				$ 0.001
Common stock purchase price | $ / shares				$ 1.22
Cash proceeds from offering | $
Agent fee | $				$ 200,000
Subsequent Event [Member] | Settlement Agreement and Stipulation [Member] | Silverback Capital Corporation [Member]
Subsequent Event [Line Items]
Liabilities | $			$ 1,800,000
Number of cylinder purchase | Number			5,826
Settlement claim amount | $			$ 1,837,964
Settlement shares			4,300,000
Subsequent Event [Member] | Non-Recourse Agreement [Member] | C6 Capital Funding, LLC [Member]
Subsequent Event [Line Items]
Sale of future receipts | $										$ 100,000
Purchase of future receipts | $										$ 100,000
Subsequent Event [Member] | Consultants [Member]
Subsequent Event [Line Items]
Number of shares issued for services					247,155
Subsequent Event [Member] | Investors [Member]
Subsequent Event [Line Items]
Number of common stock issued during period, shares	2,097,496
Common stock, par value | $ / shares	$ 0.001
Number of warrants purchased	3,111,111
Warrants exercise price | $ / shares	$ 1.91
Number of shares called by warrants	3,111,111
Subsequent Event [Member] | Investors [Member] | Series G Convertible Preferred Stock [Member]
Subsequent Event [Line Items]
Number of common stock issued during period, shares	3,500
Purchase price of transaction securities | $	$ 3,500,000
Conversion price per share | $ / shares	$ 2.25
Convertible securities, number of shares issued	1,555,556
Transaction securities, description	On November 13, 2019, the Company entered into a Securities Purchase Agreement ("SPA") with institutional investors ("Investors") pursuant to which the Company agreed to issue and sell to each Investor, and each Investor severally, but not jointly, agreed to purchase from the Company an aggregate of 2,097,496 shares of the Company's Common Stock, par value $0.001 per share, 3,500 shares of Series G Convertible Preferred Stock, and 3,111,111 Common Stock Purchase Warrants (collectively, the "Transaction Securities") for a total gross purchase price of $3.5 million (the "Offering"). The Preferred Shares have a fixed conversion price of $2.25 and will be convertible into an aggregate of 1,555,556 shares of Common Stock. The Warrants are exercisable at a price of $1.91 per share for an aggregate of 3,111,111 shares of Common Stock, representing two hundred percent (200%) of the total number of shares of common stock issuable upon conversion of the Preferred Shares.