Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity (unaudited)

v3.19.2
Consolidated Statements of Stockholders' Equity (unaudited) - USD ($)
Common Stock
Preferred Stock
Additional Paid-In Capital
Accumulated Deficit
Other Comprehensive Loss
Total
Beginning balance, shares at Dec. 31, 2017 7,610,794 3,530        
Beginning balance, value at Dec. 31, 2017 $ 7,611 $ 4 $ 56,588,845 $ (41,551,497) $ (5,118) $ 15,039,845
Retained Earnings Adjustment of ASC 173,112 173,112
Issuance of Common Stock in Registered Direct Offering, net, shares 592,000        
Issuance of Common Stock in Registered Direct Offering, net, value $ 592 1,595,750 1,596,342
Share Based Compensation 47,852 47,852
Net Loss (1,263,464) (1,263,464)
Ending balance, shares at Mar. 31, 2018 8,202,794 3,530        
Ending balance, value at Mar. 31, 2018 $ 8,203 $ 4 58,232,447 (42,641,849) (5,118) 15,593,687
Beginning balance, shares at Dec. 31, 2017 7,610,794 3,530        
Beginning balance, value at Dec. 31, 2017 $ 7,611 $ 4 56,588,845 (41,551,497) (5,118) 15,039,845
Net Loss           (3,453,247)
Ending balance, shares at Jun. 30, 2018 8,950,303 2,120        
Ending balance, value at Jun. 30, 2018 $ 8,950 $ 2 59,032,572 (44,798,497) (5,118) 14,237,909
Beginning balance, shares at Mar. 31, 2018 8,202,794 3,530        
Beginning balance, value at Mar. 31, 2018 $ 8,203 $ 4 58,232,447 (42,641,849) (5,118) 15,593,687
Retained Earnings Adjustment of ASC 33,135 33,135
Conversion of Preferred Shares, shares 470,001 (1,410)        
Conversion of Preferred Shares, value $ 469 $ (2) (467)
Issuance of Common Stock for Services, shares 277,508        
Issuance of Common Stock for Services, value $ 278 779,722 780,000
Share Based Compensation 20,870 20,870
Net Loss (2,189,783) (2,189,783)
Ending balance, shares at Jun. 30, 2018 8,950,303 2,120        
Ending balance, value at Jun. 30, 2018 $ 8,950 $ 2 59,032,572 (44,798,497) (5,118) 14,237,909
Beginning balance, shares at Dec. 31, 2018 9,457,859 2,120        
Beginning balance, value at Dec. 31, 2018 $ 9,458 $ 2 63,537,915 (50,702,486) (5,118) 12,839,771
Cumulative effect of adoption of ASC       (4,306)   (4,306)
Issuance of Common Stock for Services, shares 28,965        
Issuance of Common Stock for Services, value $ 29 71,939 71,968
Value of Beneficial Conversion Feature (213,700) (213,700)
Share Based Compensation 35,749 35,749
Value of Beneficial Conversion Feature 322,240 (322,240)
Warrants Issued As Part Of Debt Extinguishment 1,287,962 1,287,962
Proceeds from Securities Purchase Agreement, Net, shares 945,894        
Proceeds from Securities Purchase Agreement, Net, value $ 946 1,756,606 1,757,552
Net Loss (5,007,482) (5,007,482)
Ending balance, shares at Mar. 31, 2019 10,432,718 2,120        
Ending balance, value at Mar. 31, 2019 $ 10,433 $ 2 66,798,711 (56,036,514) (5,118) 10,767,514
Beginning balance, shares at Dec. 31, 2018 9,457,859 2,120        
Beginning balance, value at Dec. 31, 2018 $ 9,458 $ 2 63,537,915 (50,702,486) (5,118) 12,839,771
Cumulative effect of adoption of ASC           4,306
Net Loss           (6,722,632)
Ending balance, shares at Jun. 30, 2019 10,475,740 2,120        
Ending balance, value at Jun. 30, 2019 $ 10,476 $ 2 66,936,918 (57,751,666) (5,118) 9,190,612
Beginning balance, shares at Mar. 31, 2019 10,432,718 2,120        
Beginning balance, value at Mar. 31, 2019 $ 10,433 $ 2 66,798,711 (56,036,514) (5,118) 10,767,514
Issuance of Common Stock for Services, shares 43,022        
Issuance of Common Stock for Services, value $ 43 80,800 80,843
Share Based Compensation 57,407 57,407
Net Loss (1,715,152) (1,715,152)
Ending balance, shares at Jun. 30, 2019 10,475,740 2,120        
Ending balance, value at Jun. 30, 2019 $ 10,476 $ 2 $ 66,936,918 $ (57,751,666) $ (5,118) $ 9,190,612