Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders' Equity

v3.20.1
Consolidated Statement of Changes in Stockholders' Equity - 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        
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 15) 785,200   785,200
Common stock issued in partial satisfaction of debt and other liabilities one $ 25 69,975   70,000
Common stock issued in partial satisfaction of debt and other liabilities one, shares 25,669        
Common stock issued upon conversion of Series D convertible preferred stock $ (4) $ 1,400 (1,396)  
Common stock issued upon conversion of Series D convertible preferred stock, shares (4,368) 1,400,000        
Proceeds from exercise of warrants $ 4,034 17,139,022   17,143,056
Proceeds from exercise of warrants, shares 4,033,660        
Return and retirement of common stock $ (2,942) 2,942  
Return and retirement of common stock, shares (2,942,099)        
Warrants issued in satisfaction of accrued issuable equity 409,042   409,042
Return and retirement of common stock previously held as collateral $ (24) (67,034)   (67,058)
Return and retirement of common stock previously held as collateral, shares (23,529)        
Commissions paid to placement agents (93,333)   (93,333)
Common stock issued in satisfaction of accrued issuable equity $ 396 898,677   899,073
Common stock issued in satisfaction of accrued issuable equity, shares 395,703        
Common stock issued upon conversion of Series D convertible preferred stock $ (3) $ 700 (697)  
Common stock issued upon conversion of Series D convertible preferred stock, shares (2,184) 700,000        
Restricted stock issued in satisfaction of accrued issuable equity               899,072
Common stock issued upon conversion of Series D convertible preferred stock $ 100 (100)  
Common stock issued upon conversion of Series D convertible preferred stock, shares (312) 100,000        
Stock-based compensation $ 1,179 3,363,608   3,364,787
Stock-based compensation, shares 1,179,098        
Net loss   (3,421,203) (3,421,203)
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              
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)        
Restricted stock issued in satisfaction of accrued issuable equity     $ 136 380,995 381,131
Restricted stock issued in satisfaction of accrued issuable equity, shares     135,722        
Other comprehensive income     183,173 183,173
Stock-based compensation     $ 72 424,341 424,413
Stock-based compensation, shares     71,724        
Net loss     (9,648,500) (9,648,500)
Balance at Dec. 31, 2019     $ 5 $ 26,323 $ 176,729,926 $ 183,173 $ (169,504,981) $ 7,434,446
Balance, shares at Dec. 31, 2019     5,125 26,322,583        
[1] Includes gross proceeds of $18,504,320, less issuance costs of $3,623,505.