v3.7.0.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash $ 223,862 $ 313,333
Prepaid expenses 187,983 214,500
Notes receivables 1,070,615 1,000,000
Total current assets 1,482,460 1,527,833
Property and equipment, net 12,648 13,155
In process research and development 6,977,347 6,977,347
Total assets 8,472,455 8,518,335
Current liabilities:    
Accounts payable 401,186 395,849
Accounts payable and accrued liabilities - related parties 15,562 3,560
Accrued liabilities 692,901 699,567
Stock payable 3,876,973 3,921,973
Notes payable 169,924 174,769
Lines of credit, net of discounts of $1,233 and $4,929, respectively 1,002,068 998,370
Short term debt - related party 767,558 290,064
Total current liabilities 6,926,172 6,484,152
Long-term liabilities:    
Long-term liabilities 935,702 713,442
Total liabilities 7,861,874 7,197,594
Equity:    
Preferred stock
Common stock, $0.001 par value, 4,000,000,000 shares authorized, 29,631,050 and 27,276,054 shares issued and 28,631,050 and 27,276,054 outstanding, respectively 29,631 27,276
Additional paid-in capital 35,474,728 34,035,015
Accumulated deficit (37,426,039) (35,369,670)
Common stock held in treasury stock, 1,000,000 shares at cost
Total equity attributable to Spotlight Innovation, Inc. (1,921,680) (1,307,379)
Non-controlling interest 2,532,261 2,628,120
Total equity 610,581 1,320,741
Total liabilities and equity 8,472,455 8,518,335
Series A Preferred Stock [Member]    
Equity:    
Preferred stock
Series C Preferred Stock [Member]    
Equity:    
Preferred stock

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