XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
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, 2019 $ 23,969,634           $ 3,873     $ 194,288,368       $ (4,964) $ (170,317,643)
Balance, shares at Dec. 31, 2019             3,872,682                
Stock-based compensation expense 415,256                 415,256          
Release of restricted stock awards 36           $ 2     34          
Release of restricted stock awards, shares             2,396                
Net share settlement of restricted stock awards (7,052)           $ (1)     (7,051)          
Net share settlement of restricted stock award, shares             (751)                
Employee stock purchase plan expense 5,379                 5,379          
Issuance of common stock     $ 2,435,912         $ 41 $ 293   $ (41) $ 2,435,619      
Issuance of common stock, shares               41,026 293,271            
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)           $ (274)     (2,424,626)          
Cancellation of common stock received in exchange for Series A convertible preferred stock, shares             (274,000)                
Exercise of pre-funded warrants 31,768           $ 212     31,556          
Exercise of pre-funded warrants, shares             211,784                
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   $ 4,146     197,636,298       48,230 (175,775,541)
Balance, shares at Mar. 31, 2020         51,270   4,146,408                
Balance at Dec. 31, 2019 23,969,634           $ 3,873     194,288,368       (4,964) (170,317,643)
Balance, shares at Dec. 31, 2019             3,872,682                
Net loss (16,580,237)                            
Unrealized gain (loss) on short-term investments 4,060                            
Balance at Sep. 30, 2020 16,201,354       $ 24   $ 4,739     203,087,744       6,727 (186,897,880)
Balance, shares at Sep. 30, 2020         23,770   4,738,597                
Balance at Mar. 31, 2020 21,913,184       $ 51   $ 4,146     197,636,298       48,230 (175,775,541)
Balance, shares at Mar. 31, 2020         51,270   4,146,408                
Stock-based compensation expense 361,477                 361,477          
Release of restricted stock awards 24           $ 2     22          
Release of restricted stock awards, shares             1,583                
Net share settlement of restricted stock awards (2,108)                 (2,108)          
Net share settlement of restricted stock award, shares             (426)                
Stock issued under stock purchase plans 30,512           $ 3     30,509          
Stock issued under stock purchase plans, shares             3,033                
Issuance of common stock     1,395,058           $ 139     1,394,919      
Issuance of common stock, shares                 138,981            
Conversion of Series A convertible preferred stock for common stock         $ (27)   $ 183     (156)          
Conversion of Series A convertible preferred stock for common stock, shares         (27,500)   183,333                
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   $ 4,473     200,142,499       23,003 (181,486,092)
Balance, shares at Jun. 30, 2020         23,770   4,472,912                
Stock-based compensation expense 386,911                 386,911          
Release of restricted stock awards 38           $ 3     35          
Release of restricted stock awards, shares             2,542                
Net share settlement of restricted stock awards (3,664)                 (3,664)          
Net share settlement of restricted stock award, shares             (339)                
Employee stock purchase plan expense 5,214                 5,214          
Issuance of common stock     2,557,012           $ 263     2,556,749      
Issuance of common stock, shares                 263,482            
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   $ 4,739     203,087,744       6,727 (186,897,880)
Balance, shares at Sep. 30, 2020         23,770   4,738,597                
Balance at Dec. 31, 2020 14,484,660       $ 24   $ 5,200     205,661,999       5,298 (191,187,861)
Balance, shares at Dec. 31, 2020         23,770   5,199,997                
Stock-based compensation expense 337,823                 337,823          
Release of restricted stock awards 1           $ 1                
Release of restricted stock awards, shares             1,390                
Net share settlement of restricted stock awards (1,197)                 (1,197)          
Net share settlement of restricted stock award, shares             (250)                
Employee stock purchase plan expense 13,115                 13,115          
Issuance of common stock     6,855,198           $ 1,058     6,854,140      
Issuance of common stock, shares                 1,058,045            
Exercise of stock options 326                 326          
Exercise of stock options, shares             75                
Net loss (4,848,307)                           (4,848,307)
Foreign currency translation adjustment (1,557)                         (1,557)  
Balance at Mar. 31, 2021 16,840,062       $ 24   $ 6,259     212,866,206       3,741 (196,036,168)
Balance, shares at Mar. 31, 2021         23,770   6,259,257                
Balance at Dec. 31, 2020 14,484,660       $ 24   $ 5,200     205,661,999       5,298 (191,187,861)
Balance, shares at Dec. 31, 2020         23,770   5,199,997                
Issuance of common stock, shares                 2,050,879            
Conversion of Series A convertible preferred stock for common stock, shares             144,881                
Net loss (11,953,881)                            
Unrealized gain (loss) on short-term investments 0                            
Balance at Sep. 30, 2021 14,887,372       $ 24   $ 7,514     218,018,993       2,583 (203,141,742)
Balance, shares at Sep. 30, 2021         23,770   7,513,733                
Balance at Mar. 31, 2021 16,840,062       $ 24   $ 6,259     212,866,206       3,741 (196,036,168)
Balance, shares at Mar. 31, 2021         23,770   6,259,257                
Stock-based compensation expense 339,369                 339,369          
Release of restricted stock awards 1           $ 1                
Release of restricted stock awards, shares             992                
Net share settlement of restricted stock awards (695)                 (695)          
Net share settlement of restricted stock award, shares             (127)                
Employee stock purchase plan expense 13,116                 13,116          
Stock issued under stock purchase plans 53,437           $ 13     53,424          
Stock issued under stock purchase plans, shares             13,637                
Issuance of common stock     $ 3,810,621           $ 993     $ 3,809,628      
Issuance of common stock, shares                 992,834            
Exercise of pre-funded warrants             $ 145     (145)          
Exercise of pre-funded warrants, shares             144,881                
Net loss (2,614,952)                           (2,614,952)
Foreign currency translation adjustment (145)                         (145)  
Balance at Jun. 30, 2021 18,440,814       $ 24   $ 7,411     217,080,903       3,596 (198,651,120)
Balance, shares at Jun. 30, 2021         23,770   7,411,474                
Stock-based compensation expense 323,172                 323,172          
Release of restricted stock awards 2           $ 2                
Release of restricted stock awards, shares             1,158                
Net share settlement of restricted stock awards (679)                 (679)          
Net share settlement of restricted stock award, shares             (117)                
Employee stock purchase plan expense 15,719                 15,719          
Issuance of common stock   $ 599,979           $ 101     $ 599,878        
Issuance of common stock, shares               101,218              
Net loss (4,490,622)                           (4,490,622)
Unrealized gain (loss) on short-term investments 0                            
Foreign currency translation adjustment (1,013)                         (1,013)  
Balance at Sep. 30, 2021 $ 14,887,372       $ 24   $ 7,514     $ 218,018,993       $ 2,583 $ (203,141,742)
Balance, shares at Sep. 30, 2021         23,770   7,513,733