Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Changes in Stockholders' Equity (Unaudited)

v3.19.3
Condensed Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Series C Preferred Stock [Member]
Common Stock [Member]
Paid-in Capital [Member]
Accumulated Deficit [Member]
Other Comprehensive Loss [Member]
Total
Balance at Dec. 31, 2017 $ 5,128,536 $ 4,941 $ 68,323,939 $ (53,331,434) $ 20,125,982
Balance, shares at Dec. 31, 2017 9,140 4,940,652        
Conversion of preferred shares into common stock $ (179,555) $ 80 179,475
Conversion of preferred shares into common stock, shares (320) 80,000        
Stock-based compensation 212,608 212,608
Net loss (2,012,690) (2,012,690)
Balance at Mar. 31, 2018 $ 4,948,981 $ 5,021 68,716,022 (55,344,124) 18,325,900
Balance, shares at Mar. 31, 2018 8,820 5,020,652        
Balance at Dec. 31, 2017 $ 5,128,536 $ 4,941 68,323,939 (53,331,434) 20,125,982
Balance, shares at Dec. 31, 2017 9,140 4,940,652        
Payout to stockholders for fractional shares               3,256
Net loss               (10,243,605)
Balance at Sep. 30, 2018 $ 3,344,209 $ 5,735 70,665,970 (63,575,039) 10,440,875
Balance, shares at Sep. 30, 2018 5,960 5,734,639        
Balance at Mar. 31, 2018 $ 4,948,981 $ 5,021 68,716,022 (55,344,124) 18,325,900
Balance, shares at Mar. 31, 2018 8,820 5,020,652        
Conversion of preferred shares into common stock $ (706,998) $ 314 706,683
Conversion of preferred shares into common stock, shares (1,260) 315,000        
Stock-based compensation 178,074 178,074
Payout to stockholders for fractional shares (3,256) (3,256)
Net loss (3,584,652) (3,584,652)
Balance at Jun. 30, 2018 $ 4,241,983 $ 5,335 69,597,523 (58,928,776) 14,916,065
Balance, shares at Jun. 30, 2018 7,560 5,334,639        
Conversion of preferred shares into common stock $ (897,774) $ 400 897,374
Conversion of preferred shares into common stock, shares (1,600) 400,000        
Stock-based compensation 171,073 171,073
Net loss (4,646,263) (4,646,263)
Balance at Sep. 30, 2018 $ 3,344,209 $ 5,735 70,665,970 (63,575,039) 10,440,875
Balance, shares at Sep. 30, 2018 5,960 5,734,639        
Balance at Dec. 31, 2018 $ 2,289,324 $ 3,906,931 $ 1,880,000 $ 6,037 71,505,160 (70,200,145) (923) 9,386,384
Balance, shares at Dec. 31, 2018 4,080 5,608 1,880 6,036,562        
Stock-based compensation 146,491 146,491
Conversion of Series B preferred shares into common stock $ (1,816,732) $ 2,005 1,814,727
Conversion of Series B preferred shares into common stock, shares (2,608) 2,005,770        
Conversion of Series C preferred shares into common stock $ (1,640,000) $ 1,000 1,639,000
Conversion of Series C preferred shares into common stock, shares (1,640) 1,000,000        
Unrealized gain on investment in marketable securities (923) 2,434 1,511
Net loss (4,705,766) (4,705,766)
Balance at Mar. 31, 2019 $ 2,289,324 $ 2,090,199 $ 240,000 $ 9,042 75,105,378 (74,906,834) 1,511 4,828,620
Balance, shares at Mar. 31, 2019 4,080 3,000 240 9,042,332        
Balance at Dec. 31, 2018 $ 2,289,324 $ 3,906,931 $ 1,880,000 $ 6,037 71,505,160 (70,200,145) (923) 9,386,384
Balance, shares at Dec. 31, 2018 4,080 5,608 1,880 6,036,562        
Payout to stockholders for fractional shares              
Net loss               (9,688,127)
Balance at Sep. 30, 2019 $ 2,289,324 $ 1,288,956 $ 240,000 $ 9,927 76,122,975 (79,888,272) 62,910
Balance, shares at Sep. 30, 2019 4,080 1,850 240 9,926,956        
Balance at Mar. 31, 2019 $ 2,289,324 $ 2,090,199 $ 240,000 $ 9,042 75,105,378 (74,906,834) 1,511 4,828,620
Balance, shares at Mar. 31, 2019 4,080 3,000 240 9,042,332        
Stock-based compensation 122,703 122,703
Unrealized gain on investment in marketable securities $ 923 $ (1,511) $ (588)
Fractional shares adjustment (2)
Net loss $ (2,815,152) $ (2,815,152)
Balance at Jun. 30, 2019 $ 2,289,324 $ 2,090,199 $ 240,000 $ 9,042 75,228,081 (77,721,063) 2,135,583
Balance, shares at Jun. 30, 2019 4,080 3,000 240 9,042,330        
Stock-based compensation 94,536 94,536
Conversion of Series B preferred shares into common stock $ (801,243) $ 885 800,358
Conversion of Series B preferred shares into common stock, shares (1,150) 884,626        
Net loss (2,167,209) (2,167,209)
Balance at Sep. 30, 2019 $ 2,289,324 $ 1,288,956 $ 240,000 $ 9,927 $ 76,122,975 $ (79,888,272) $ 62,910
Balance, shares at Sep. 30, 2019 4,080 1,850 240 9,926,956