Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.20.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Redeemable Convertible Preferred Stock A [Member]
Redeemable Convertible Preferred Stock B [Member]
Common Stock [Member]
Additional Paid - in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Total
Balance at Dec. 31, 2017 $ 5,716,825 $ 9,335 $ 56,230,347 $ (51,274,542) $ 10,681,965
Balance, shares at Dec. 31, 2017 1,502,858 93,371,129        
Stock-based compensation 3,217,309 3,217,309
Issuance of common stock as compensation for services $ 84 602,295 602,379
Issuance of common stock as compensation for services, shares 826,819        
Issuance of common stock in exchange for preferred shares A $ (133,139) $ 35 133,104
Issuance of common stock in exchange for preferred shares A, shares (35,000) 350,000        
Issuance of common stock in exchange for preferred shares B $ (2,770,121) $ 636 2,769,485
Issuance of common stock in exchange for preferred shares B, shares (3,181) 6,362,000        
Stock dividends $ 4 13,996 14,000
Stock dividends, shares 28,000        
Issuance of Preferred Series B net of issuance costs ($943,750) $ 6,966,668 6,966,668
Issuance of Preferred Series B net of issuance costs ($943,750), shares 8,000          
ATM stock sales (net) $ 1,235 9,238,803 9,240,038
ATM stock sales (net), shares 12,349,722        
Issuance of warrants to placement agent 89,582 89,582
Preferred dividends accrued (587,144) (587,144)
Net loss (14,083,073) (14,083,073)
Balance at Dec. 31, 2018 $ 5,583,686 $ 4,196,547 $ 11,329 72,294,921 (65,944,759) 16,141,724
Balance, shares at Dec. 31, 2018 1,467,858 4,819 113,287,670        
Stock-based compensation 2,625,197   2,625,197
Issuance of common stock as compensation for services $ 44 360,462   360,506
Issuance of common stock as compensation for services, shares 441,005        
Issuance of common stock in exchange for preferred shares A $ (5,583,686) $ 1,468 5,582,218  
Issuance of common stock in exchange for preferred shares A, shares (1,467,858) 14,678,580        
Issuance of common stock in exchange for preferred shares B $ (210,742) $ 48 210,694  
Issuance of common stock in exchange for preferred shares B, shares (242) 484,000        
Stock dividends $ 447 2,233,983 (1,060,145)   1,174,285
Stock dividends, shares 4,468,860        
Issuance of common stock in public offering, net of stock issuance costs ($2,315,878) $ 2,947 30,100,359   30,103,306
Issuance of common stock in public offering, net of stock issuance costs ($2,315,878), shares 29,471,986        
Issuance of common stock in exchange for options     $ 7 30,168   30,175
Issuance of common stock in exchange for options, shares     72,500        
Issuance of common stock in exchange for warrants $ 25 (10,105) (10,080)
Issuance of common stock in exchange for warrants, shares 252,383        
Other comprehensive loss           (880) (880)
Net loss (17,372,651)   (17,372,651)
Balance at Dec. 31, 2019 $ 3,985,805 $ 16,315 $ 113,427,897 $ (84,377,555) $ (880) $ 33,051,582
Balance, shares at Dec. 31, 2019 4,577 163,156,984