XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
LP Purchase Agreement
ATM Offering
Private Placement
Series A Convertible Preferred Stock
Series A Convertible Preferred Stock
Private Placement
Common Stock
Common Stock
LP Purchase Agreement
Common Stock
ATM Offering
Additional Paid-In Capital
Additional Paid-In Capital
LP Purchase Agreement
Additional Paid-In Capital
ATM Offering
Additional Paid-In Capital
Private Placement
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Balance at Dec. 31, 2018 $ 21,092,062           $ 28,585     $ 172,086,909       $ (3,453) $ (151,019,979)
Balance, shares at Dec. 31, 2018             28,585,449                
Exercise of stock options 51,570           $ 22     51,548          
Exercise of stock options, shares             21,871                
Stock-based compensation expense 241,233                 241,233          
Release of restricted stock awards 13           $ 13                
Release of restricted stock awards, shares             13,126                
Net share settlement of restricted stock award (9,685)           $ (4)     (9,681)          
Net share settlement of restricted stock award, shares             (3,813)                
Employee stock purchase plan expense 16,794                 16,794          
Net loss (5,370,846)                           (5,370,846)
Unrealized gain (loss) on short-term investments 3,353                         3,353  
Foreign currency translation adjustment 6,439                         6,439  
Balance at Mar. 31, 2019 16,030,933           $ 28,616     172,386,803       6,339 (156,390,825)
Balance, shares at Mar. 31, 2019             28,616,633                
Balance at Dec. 31, 2018 21,092,062           $ 28,585     172,086,909       (3,453) (151,019,979)
Balance, shares at Dec. 31, 2018             28,585,449                
Net loss (14,908,348)                            
Unrealized gain (loss) on short-term investments 2,308                            
Balance at Sep. 30, 2019 28,116,504           $ 58,031     193,953,125       33,675 (165,928,327)
Balance, shares at Sep. 30, 2019             58,031,230                
Balance at Mar. 31, 2019 16,030,933           $ 28,616     172,386,803       6,339 (156,390,825)
Balance, shares at Mar. 31, 2019             28,616,633                
Exercise of stock options 69,384           $ 32     69,352          
Exercise of stock options, shares             32,385                
Stock-based compensation expense 287,317                 287,317          
Release of restricted stock awards 15           $ 15                
Release of restricted stock awards, shares             15,001                
Net share settlement of restricted stock award (11,152)           $ (4)     (11,148)          
Net share settlement of restricted stock award, shares             (4,461)                
Stock issued under stock purchase plans 99,140           $ 48     99,092          
Stock issued under stock purchase plans, shares             47,489                
Net loss (4,797,270)                           (4,797,270)
Unrealized gain (loss) on short-term investments 819                         819  
Foreign currency translation adjustment (9,194)                         (9,194)  
Balance at Jun. 30, 2019 11,669,992           $ 28,707     172,831,416       (2,036) (161,188,095)
Balance, shares at Jun. 30, 2019             28,707,047                
Stock-based compensation expense 316,525                 316,525          
Release of restricted stock awards 30           $ 30                
Release of restricted stock awards, shares             30,001                
Net share settlement of restricted stock award (7,230)           $ (5)     (7,225)          
Net share settlement of restricted stock award, shares             (4,355)                
Employee stock purchase plan expense 16,325                 16,325          
Issuance of common stock and warrants from the public and private offerings, net of issuance costs 20,825,383           $ 29,299     20,796,084          
Issuance of common stock and warrants from the public and private offerings, net of issuance costs, shares             29,298,537                
Net loss (4,740,232)                           (4,740,232)
Unrealized gain (loss) on short-term investments (1,864)                         (1,864)  
Foreign currency translation adjustment 37,575                         37,575  
Balance at Sep. 30, 2019 28,116,504           $ 58,031     193,953,125       33,675 (165,928,327)
Balance, shares at Sep. 30, 2019             58,031,230                
Balance at Dec. 31, 2019 23,969,634           $ 58,090     194,234,151       (4,964) (170,317,643)
Balance, shares at Dec. 31, 2019             58,090,233                
Stock-based compensation expense 415,256                 415,256          
Release of restricted stock awards 36           $ 36                
Release of restricted stock awards, shares             35,942                
Net share settlement of restricted stock award (7,052)           $ (11)     (7,041)          
Net share settlement of restricted stock award, shares             (11,266)                
Employee stock purchase plan expense 5,379                 5,379          
Issuance of common stock     $ 2,435,912         $ 615 $ 4,399   $ (615) $ 2,431,513      
Issuance of common stock, shares               615,384 4,399,062            
Issuance of preferred stock 2,424,900     $ 562,955 $ 41 $ 10       2,424,859     $ 562,945    
Issuance of preferred stock, shares         41,100 10,170                  
Cancellation of common stock received in exchange for Series A convertible preferred stock (2,424,900)           $ (4,110)     (2,420,790)          
Cancellation of common stock received in exchange for Series A convertible preferred stock, shares             (4,110,000)                
Exercise of pre-funded warrants 31,768           $ 3,177     28,591          
Exercise of pre-funded warrants, shares             3,176,762                
Adjustment in connection with LP Purchase Agreement commitment fee and transaction costs   $ (96,000)                 (96,000)        
Net loss (5,457,898)                           (5,457,898)
Unrealized gain (loss) on short-term investments 47,697                         47,697  
Foreign currency translation adjustment 5,497                         5,497  
Balance at Mar. 31, 2020 21,913,184       $ 51   $ 62,196     197,578,248       48,230 (175,775,541)
Balance, shares at Mar. 31, 2020         51,270   62,196,117                
Balance at Dec. 31, 2019 23,969,634           $ 58,090     194,234,151       (4,964) (170,317,643)
Balance, shares at Dec. 31, 2019             58,090,233                
Issuance of common stock, shares                 10,436,016            
Net loss (16,580,237)                            
Unrealized gain (loss) on short-term investments 4,060                            
Balance at Sep. 30, 2020 16,201,354       $ 24   $ 71,079     203,021,404       6,727 (186,897,880)
Balance, shares at Sep. 30, 2020         23,770   71,078,958                
Balance at Mar. 31, 2020 21,913,184       $ 51   $ 62,196     197,578,248       48,230 (175,775,541)
Balance, shares at Mar. 31, 2020         51,270   62,196,117                
Stock-based compensation expense 361,477                 361,477          
Release of restricted stock awards 24           $ 24                
Release of restricted stock awards, shares             23,751                
Net share settlement of restricted stock award (2,108)           $ (7)     (2,101)          
Net share settlement of restricted stock award, shares             (6,389)                
Stock issued under stock purchase plans 30,512           $ 45     30,467          
Stock issued under stock purchase plans, shares             45,490                
Issuance of common stock     1,395,058           $ 2,085     1,392,973      
Issuance of common stock, shares                 2,084,714            
Conversion of Series A convertible preferred stock for common stock         $ (27)   $ 2,750     (2,723)          
Conversion of Series A convertible preferred stock for common stock, shares         (27,500)   2,750,000                
Adjustment in connection with LP Purchase Agreement commitment fee and transaction costs   $ 301,538                 $ 301,538        
Issuance of common stock warrants in connection with SVB Term Loan 420,000                 420,000          
Net loss (5,710,551)                           (5,710,551)
Unrealized gain (loss) on short-term investments (26,136)                         (26,136)  
Foreign currency translation adjustment 909                         909  
Balance at Jun. 30, 2020 18,683,907       $ 24   $ 67,093     200,079,879       23,003 (181,486,092)
Balance, shares at Jun. 30, 2020         23,770   67,093,683                
Stock-based compensation expense 386,911                 386,911          
Release of restricted stock awards 38           $ 38                
Release of restricted stock awards, shares             38,126                
Net share settlement of restricted stock award (3,664)           $ (4)     (3,660)          
Net share settlement of restricted stock award, shares             (5,091)                
Employee stock purchase plan expense 5,214                 5,214          
Issuance of common stock     $ 2,557,012           $ 3,952     $ 2,553,060      
Issuance of common stock, shares                 3,952,240            
Net loss (5,411,788)                           (5,411,788)
Unrealized gain (loss) on short-term investments (17,501)                         (17,501)  
Foreign currency translation adjustment 1,225                         1,225  
Balance at Sep. 30, 2020 $ 16,201,354       $ 24   $ 71,079     $ 203,021,404       $ 6,727 $ (186,897,880)
Balance, shares at Sep. 30, 2020         23,770   71,078,958