Quarterly report pursuant to Section 13 or 15(d)

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

v3.8.0.1
Condensed Consolidated Statement of Changes in Stockholders' Equity (Deficiency) (Unaudited) - 3 months ended Mar. 31, 2018 - 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 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 785,200 785,200
Net 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      
[1] Includes gross proceeds of $18,504,320, less issuance costs of $3,623,505.