XML 43 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Series B Convertible Preferred Stock [Member]
Preferred Stock Additional Paid-in Capital [Member]
Series B Convertible Preferred Stock [Member]
Common Stock [Member]
Common Stock Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2017   2,651,952      
Balance at Dec. 31, 2017 $ 477,342 $ 71,887,674 $ (65,426,329) $ 6,938,687
Amortization of commitment shares (19,852)   (19,852)
Compensation cost for stock options granted 215,139 215,139
Net loss (1,874,382) (1,874,382)
Balance (in shares) at Mar. 31, 2018   2,651,952      
Balance at Mar. 31, 2018 $ 477,342 72,082,961 (67,300,711) 5,259,592
Balance (in shares) at Dec. 31, 2017   2,651,952      
Balance at Dec. 31, 2017 $ 477,342 71,887,674 (65,426,329) 6,938,687
Amortization of commitment shares           (59,556)
Net loss           (9,326,825)
Balance (in shares) at Sep. 30, 2018 3,517   5,523,255      
Balance at Sep. 30, 2018 $ 4 3,516,996 $ 994,175 80,811,088 (74,753,154) 10,569,109
Balance (in shares) at Mar. 31, 2018   2,651,952      
Balance at Mar. 31, 2018 $ 477,342 72,082,961 (67,300,711) 5,259,592
Amortization of commitment shares (19,851) (19,851)
Compensation cost for stock options granted 179,050 179,050
Net loss (4,142,577) (4,142,577)
Issuance of stock and warrants, net of issuance costs (in shares) 13,624        
Issuance of Series B convertible preferred stock and warrants, net of issuance costs of $1,333,449 $ 14 6,926,778 5,363,759 12,290,551
Allocation of Series B convertible preferred stock to beneficial conversion feature (4,782,100) 4,782,100
Deemed dividend on Series B convertible preferred stock 11,479,308 (11,479,308)
Conversion of Series B convertible preferred stock to common stock (in shares) (7,822)          
Conversion of Series B convertible preferred stock to common stock $ (8)          
Conversion of Series B convertible preferred stock to common stock   (7,821,992) $ 399,987 7,422,013
Conversion of Series B convertible preferred stock to common stock (in shares)     2,222,147      
Balance (in shares) at Jun. 30, 2018 5,802   4,874,099      
Balance at Jun. 30, 2018 $ 6 5,801,994 $ 877,329 78,330,724 (71,443,288) 13,566,765
Amortization of commitment shares (19,853) (19,853)
Compensation cost for stock options granted 332,063 332,063
Net loss (3,309,866) (3,309,866)
Conversion of Series B convertible preferred stock to common stock (in shares) (2,285)          
Conversion of Series B convertible preferred stock to common stock $ (2)          
Conversion of Series B convertible preferred stock to common stock   (2,284,998) $ 116,846 2,168,154
Conversion of Series B convertible preferred stock to common stock (in shares)     649,156      
Balance (in shares) at Sep. 30, 2018 3,517   5,523,255      
Balance at Sep. 30, 2018 $ 4 3,516,996 $ 994,175 80,811,088 (74,753,154) 10,569,109
Balance (in shares) at Dec. 31, 2018 2,379   5,846,552      
Balance at Dec. 31, 2018 $ 2 2,378,997 $ 1,052,372 82,204,902 (76,831,263) 8,805,010
Compensation cost for stock options granted 275,833 275,833
Net loss (4,073,307) (4,073,307)
Conversion of Series B convertible preferred stock to common stock (in shares) (1,677)          
Conversion of Series B convertible preferred stock to common stock $ (1)          
Conversion of Series B convertible preferred stock to common stock   (1,676,998) $ 85,753 1,591,246
Conversion of Series B convertible preferred stock to common stock (in shares)     476,431      
Balance (in shares) at Mar. 31, 2019 702   9,122,171      
Balance at Mar. 31, 2019 $ 1 701,999 $ 1,641,979 98,056,781 (80,904,570) $ 19,496,190
Issuance of common stock upon warrant exercise (in shares)   2,799,188     2,800,000
Issuance of common stock upon warrant exercise $ 503,854 10,832,856 $ 11,336,710
Reclassification of stock-based compensation liability upon option cancellation 3,151,944 3,151,944
Balance (in shares) at Dec. 31, 2018 2,379   5,846,552      
Balance at Dec. 31, 2018 $ 2 2,378,997 $ 1,052,372 82,204,902 (76,831,263) 8,805,010
Amortization of commitment shares          
Net loss           (14,621,750)
Balance (in shares) at Sep. 30, 2019 671   9,130,984      
Balance at Sep. 30, 2019 $ 1 670,999 $ 1,643,565 104,156,643 (91,453,013) 15,018,195
Balance (in shares) at Mar. 31, 2019 702   9,122,171      
Balance at Mar. 31, 2019 $ 1 701,999 $ 1,641,979 98,056,781 (80,904,570) 19,496,190
Compensation cost for stock options granted 5,318,796 5,318,796
Net loss (7,262,529) (7,262,529)
Conversion of Series B convertible preferred stock to common stock (in shares) (26)          
Conversion of Series B convertible preferred stock to common stock          
Conversion of Series B convertible preferred stock to common stock   (26,000) $ 1,330 24,670
Conversion of Series B convertible preferred stock to common stock (in shares)     7,392      
Balance (in shares) at Jun. 30, 2019 676   9,129,563      
Balance at Jun. 30, 2019 $ 1 675,999 $ 1,643,309 103,400,247 (88,167,099) 17,552,457
Compensation cost for stock options granted 751,652 751,652
Net loss (3,285,914) (3,285,914)
Conversion of Series B convertible preferred stock to common stock (in shares) (5)          
Conversion of Series B convertible preferred stock to common stock          
Conversion of Series B convertible preferred stock to common stock   (5,000) $ 256 4,744
Conversion of Series B convertible preferred stock to common stock (in shares)     1,421      
Balance (in shares) at Sep. 30, 2019 671   9,130,984      
Balance at Sep. 30, 2019 $ 1 $ 670,999 $ 1,643,565 $ 104,156,643 $ (91,453,013) $ 15,018,195