Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.19.1
Condensed 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 $ 56,588,846 $ (41,551,497) $ (5,118) $ 15,039,846
Cumulative effect of adoption 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   1,595,749     1,596,341
Stock 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, 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
Stock Based Compensation     35,749     35,749
Value of beneficial conversion feature     322,240 (322,240)   0
Warrants issued as part of Debt Extinguishment     1,287,962     1,287,962
Beneficial Conversion Feature resulting from Debt Extinguishment     (213,700)     (213,700)
Proceeds from Securities Purchase Agreement, Net, shares 945,894          
Proceeds from Securities Purchase Agreement, Net, value $ 945   1,757,606     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