Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

v3.20.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2016 $ 50 $ 19,569 $ 94,541,168 $ (76,838,950) $ 17,721,837
Balance (in shares) at Dec. 31, 2016 49,626 19,569,247      
Stock-Based Compensation $ 0 $ 17 1,355,505 0 1,355,522
Stock-Based Compensation (in shares)   16,668      
Conversion of Notes Payable and Accrued Interest 0 $ 827 1,860,456 0 1,861,283
Conversion of Notes Payable and Accrued Interest (in shares)   827,237      
Common Stock Awards to Directors 0 $ 50 334,950 0 335,000
Common Stock Awards to Directors (in shares)   50,000      
Exercise of Warrants $ 0 $ 168 (168) 0 0
Exercise of Warrants (in shares) 0 168,203      
Proceeds from Common Stock Offerings $ 0 $ 3,566 21,124,936 0 21,128,502
Proceeds from Common Stock Offerings (in shares)   3,566,116      
Direct Costs of Common Stock Offerings 0 $ 0 (1,617,679) 0 (1,617,679)
Exercise of Stock Options 0 $ 37 (37) 0 0
Exercise of Stock Options (in shares)   37,261      
Common Stock Issued for Services 0 $ 42 228,708 0 228,750
Common Stock Issued for Services (in shares)   41,543      
Net Loss 0 $ 0 0 (19,633,502) (19,633,502)
Balance at Dec. 31, 2017 $ 50 $ 24,276 117,827,839 (96,472,452) 21,379,713
Balance (in shares) at Dec. 31, 2017 49,626 24,276,275      
Stock-Based Compensation $ 0 $ 28 1,620,450 0 1,620,478
Stock-Based Compensation (in shares)   27,915      
Cumulative Revenue Adjustment - ASC 606 Adoption       81,724 81,724
Exercise of Warrants $ 0 $ 84 39,289 0 39,373
Exercise of Warrants (in shares) 0 84,210      
Settlement of Derivative Liability upon Exercise of Warrants     166,800   166,800
Proceeds from Common Stock Offerings $ 0 $ 3,000 29,997,000 0 30,000,000
Proceeds from Common Stock Offerings (in shares)   3,000,000      
Direct Costs of Common Stock Offerings 0   (1,975,000) 0 (1,975,000)
Exercise of Stock Options 0 $ 41 (41) 0  
Exercise of Stock Options (in shares)   41,111      
Common Stock Issued for Services 0 $ 17 99,983 0 100,000
Common Stock Issued for Services (in shares)   17,159      
Common Stock Awards 0 $ 145 919,455 0 0
Common Stock Awards (in shares)   145,000      
Net Loss 0 $ 0 0 (21,875,713) (21,875,713)
Balance at Dec. 31, 2018 $ 50 $ 27,591 148,695,775 (118,266,441) 30,456,975
Balance (in shares) at Dec. 31, 2018 49,626 27,591,670      
Stock-Based Compensation $ 0 $ 58 1,404,773 0 1,404,831
Stock-Based Compensation (in shares) 0 57,496      
Proceeds from Common Stock Offerings $ 0 $ 5,479 19,994,528 0 20,000,007
Proceeds from Common Stock Offerings (in shares) 0 5,479,454      
Direct Costs of Common Stock Offerings $ 0 $ 0 (1,145,000) 0 (1,145,000)
Net Loss 0 0 0 (26,476,370) (26,476,370)
Balance at Dec. 31, 2019 $ 50 $ 33,128 $ 168,950,076 $ (144,742,811) $ 24,240,443
Balance (in shares) at Dec. 31, 2019 49,626 33,128,620