Total Equity (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Summary of Changes in Total Equity

A summary of changes in total equity for the nine months ended September 30, 2020 and 2019 is presented below:

	Common Stock				Additional Paid-in		Accumulated			Total Shareholders
	Shares		Par Value		Capital		Deficit			Equity
Balance - December 31, 2019		25,418,126	$	25,418	$	40,069,391	$	(32,991,833	)	$	7,102,976
Stock-based compensation expense		199,360		199		369,644		-			369,843
Net loss		-		-		-		(2,774,732	)		(2,774,732	)
Balance - September 30, 2020		25,617,486	$	25,617	$	40,439,035	$	(35,766,565	)	$	4,698,087

	Common Stock				Additional Paid-in		Accumulated			Total Shareholders
	Shares		Par Value		Capital		Deficit			Equity
Balance - December 31, 2018		25,018,098	$	25,018	$	39,440,611	$	(32,055,410	)	$	7,410,219
Stock-based compensation expense		79,652		80		473,637		-			473,717
Net loss		-		-		-		(1,061,058	)		(1,061,058	)
Balance - September 30, 2019		25,097,750	$	25,098	$	39,914,248	$	(33,116,468	)	$	6,822,878