Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited)

v3.19.1
Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)
Convertible Preferred Stock - Series A [Member]
Convertible Preferred Stock - Series C [Member]
Convertible Preferred Stock - Series D [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Income [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2017 $ 11,000 $ 230 $ 5,524 $ 119,499,141   $ (156,435,278) $ (36,919,383)
Balance, shares at Dec. 31, 2017 11,000,000 229,551 5,523,673        
Common stock and warrants issued in public offering [1] $ 4,353 14,876,462   14,880,815
Common stock and warrants issued in public offering, shares [1] 4,353,000        
Common stock issued upon conversion of Series A convertible preferred stock $ (11,000) $ 550 10,450  
Common stock issued upon conversion of Series A convertible preferred stock, shares (11,000,000) 550,000        
Common stock issued in satisfaction of Series B convertible preferred stock $ 223 824,777   825,000
Common stock issued in satisfaction of Series B convertible preferred stock, shares 223,235        
Common stock issued upon conversion of Series C convertible preferred stock $ (255) $ 9,112 (8,857)  
Common stock issued upon conversion of Series C convertible preferred stock, shares (254,557) 9,111,644        
Series D convertible preferred stock issued in satisfaction of liabilities $ 12 12,004,988   12,005,000
Series D convertible preferred stock issued in satisfaction of liabilities, shares 12,005        
Common stock issued in partial satisfaction of debt and other liabilities $ 1,488 4,282,500   4,283,988
Common stock issued in partial satisfaction of debt and other liabilities, shares 1,488,021        
Warrants reclassified from derivative liabilities 36,445   36,445
Series C convertible preferred stock dividends: Accrual of dividends earned (607,800)   (607,800)
Series C convertible preferred stock dividends: Payment of dividends in kind $ 25 2,500,575     2,500,600
Series C convertible preferred stock dividends: Payment of dividends in kind, shares 25,006        
Stock-based compensation $ 932 2,664,343   2,665,275
Stock-based compensation, shares 932,328        
Beneficial conversion feature of Series B and C convertible preferred stock 23,458,931   23,458,931
Deemed dividend related to immediate accretion of beneficial conversion of Series B and C convertible preferred stock (23,458,931)   (23,458,931)
Contribution of capital - related party share transfer (see Note 8) 785,200   785,200
Net (Loss) Income   2,204,088 2,204,088
Balance at Mar. 31, 2018 $ 12 $ 22,182 156,868,224   (154,231,190) 2,659,228
Balance, shares at Mar. 31, 2018 12,005 22,181,901        
Balance at Dec. 31, 2018     $ 5 $ 26,118 175,924,587 (159,856,481) 16,094,229
Balance, shares at Dec. 31, 2018     5,141 26,118,075        
Series D convertible preferred stock issued in satisfaction of liabilities              
Warrants reclassified from derivative liabilities              
Stock-based compensation     $ 52 118,684 118,736
Stock-based compensation, shares     51,724        
Restricted stock issued in satisfaction of accrued issuable equity     $ 57 199,831 199,888
Restricted stock issued in satisfaction of accrued issuable equity, shares     56,948        
Common stock issued upon conversion of Series D convertible preferred stock     $ 5 (5)
Common stock issued upon conversion of Series D convertible preferred stock, shares     (16) 5,128        
Return and retirement of common stock     $ (8) $ 8
Return and retirement of common stock, shares     (8,066)          
Other comprehensive income     100,686 100,686
Net (Loss) Income     (1,893,627) (1,893,627)
Balance at Mar. 31, 2019     $ 5 $ 26,224 $ 176,243,105 $ 100,686 $ (161,750,108) $ 14,619,912
Balance, shares at Mar. 31, 2019     5,125 26,223,809        
[1] Includes gross proceeds of $18,504,320, less issuance costs of $3,623,505.