Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY

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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY - 3 months ended Mar. 31, 2018 - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Balance at Dec. 31, 2017 $ 21,379,713 $ 50 $ 24,276 $ 117,827,839 $ (96,472,452)
Balance (in shares) at Dec. 31, 2017   49,626 24,276,275    
Cumulative Revenue Adjustment - ASC 606 Adoption 81,724 $ 0 $ 0 0 81,724
Exercise of Warrants 39,375   $ 25 39,350  
Exercise of Warrants (in shares)     24,930    
Stock-Based Compensation Expense 424,700 $ 0 $ 6 424,694 0
Stock-Based Compensation Expense (in shares)   0 6,250    
Proceeds from Common Stock Offerings 30,000,000 $ 0 $ 3,000 29,997,000 0
Proceeds from Common Stock Offerings (in shares)   0 3,000,000    
Direct Costs of Common Stock Offerings (1,975,000) $ 0 $ 0 (1,975,000) 0
Net Loss for the Three months ended March 31, 2018 (5,365,650) 0 0 0 (5,365,650)
Balance at Mar. 31, 2018 $ 44,584,862 $ 50 $ 27,307 $ 146,313,883 $ (101,756,378)
Balance (in shares) at Mar. 31, 2018   49,626 27,307,455