Stockholders' Equity |
3 Months Ended |
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Mar. 31, 2020 | |
Equity [Abstract] | |
Stockholders' Equity |
8. STOCKHOLDERS’ EQUITY
PREFERRED STOCK
During the three months ended March 31, 2020, the holder elected to convert 5,125 shares of Series D Convertible Preferred Stock into 1,642,628 shares of the Company’s common stock at a conversion price of $3.12 per share. The Company determined that the Series D Convertible Preferred Stock did not include a beneficial conversion feature.
STOCK-BASED COMPENSATION
The Company recognized stock-based compensation expense related to common stock, stock options and warrants for the three months ended March 31, 2020 and 2019 of $227,361 and $145,005, respectively, which is included within compensation expense on the condensed consolidated statements of operations. As of March 31, 2020, there was $264,959 of unrecognized stock-based compensation expense that will be recognized over the weighted average remaining vesting period of 0.63 years. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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