Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity

v3.19.1
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Treasury Stock
Total
Beginning balance, shares at Dec. 31, 2017 3,090,742 9,041,426          
Beginning balance, value at Dec. 31, 2017 $ 3,090 $ 9,040 $ 165,249,912 $ (145,933,137) $ 253,734 $ (5,281,180) $ 14,301,459
Common stock awards to vendors     17,427       17,427
Warrant revaluation (income)     4,917       4,917
Accretion of deemed dividend related to Series B Preferred Stock down round provision             0
Share-based expense     383,850       383,850
Net loss       (1,822,518)     (1,822,518)
Ending balance, shares at Mar. 31, 2018 3,090,742 9,041,426          
Ending balance, value at Mar. 31, 2018 $ 3,090 $ 9,040 165,656,106 (147,755,655) 253,734 (5,281,180) 12,885,135
Beginning balance, shares at Dec. 31, 2018 2,774,394 9,727,774          
Beginning balance, value at Dec. 31, 2018 $ 2,774 $ 9,726 168,161,329 (153,233,595) 253,734 (5,281,180) 9,912,788
Common stock awards to vendors     17,427       17,427
Warrant revaluation (income)     (26,576)       (26,576)
Issuance of common stock and warrants in March 2019 registered direct offering, net of issuance costs, shares   1,040,000          
Issuance of common stock and warrants in March 2019 registered direct offering, net of issuance costs, value   $ 1,040 2,698,010       2,699,050
Deemed dividend related to Series B Preferred Stock down round provision     3,879,447       3,879,447
Accretion of deemed dividend related to Series B Preferred Stock down round provision     (3,879,447)       (3,879,447)
Share-based expense     243,089       243,089
Net loss       (1,327,250)     (1,327,250)
Ending balance, shares at Mar. 31, 2019 2,774,394 10,767,774          
Ending balance, value at Mar. 31, 2019 $ 2,774 $ 10,766 $ 171,093,279 $ (154,560,845) $ 253,734 $ (5,281,180) $ 11,518,528