XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2019 $ 1,244 $ 20,333,548 $ (23,277,851) $ (2,943,059)
Balance, shares at Dec. 31, 2019 12,444,165      
Stock based compensation 351,895 351,895
Series A preferred stock accretion (250,000) (250,000)
Series B preferred stock issued for cash, net of issuance costs $ 189,515 189,515
Series B preferred stock issued for cash, net of issuance costs, shares   15,299      
Series B preferred stock issued in exchange for convertible debt $ 2,737,061 2,737,061
Series B preferred stock issued in exchange for convertible debt, shares   182,449      
Common Stock issued for to consultants for services $ 3 187,497 187,500
Common Stock issued for to consultants for services, shares 25,000        
Conversion of convertible debt to Common Stock $ 11 796,058 796,069
Conversion of convertible debt to Common Stock, shares 106,142        
Net loss (2,580,567) (2,580,567)
Ending balance, value at Mar. 31, 2020 $ 1,258 $ 2,926,576 21,418,998 (25,858,418) (1,511,586)
Balance, shares at Mar. 31, 2020 12,575,307 197,748      
Beginning balance, value at Dec. 31, 2019 $ 1,244 20,333,548 (23,277,851) $ (2,943,059)
Balance, shares at Dec. 31, 2019 12,444,165      
Exercise of stock options, shares        
Conversion of convertible debt to Common Stock, shares         106,314
Net loss         $ (5,807,407)
Ending balance, value at Sep. 30, 2020 $ 1,261 $ 4,979,625 22,178,030 (29,085,258) (1,926,342)
Balance, shares at Sep. 30, 2020 12,610,813 335,297      
Beginning balance, value at Mar. 31, 2020 $ 1,258 $ 2,926,576 21,418,998 (25,858,418) (1,511,586)
Balance, shares at Mar. 31, 2020 12,575,307 197,748      
Stock based compensation 565,372 565,372
Series A preferred stock accretion (250,000) (250,000)
Series B preferred stock issued for cash, net of issuance costs $ 40,168 40,168
Series B preferred stock issued for cash, net of issuance costs, shares   3,333      
Series B preferred stock issued in exchange for convertible debt $ 115,140 115,140
Series B preferred stock issued in exchange for convertible debt, shares   7,674      
Common Stock issued for to consultants for services $ 3 249,998 250,001
Common Stock issued for to consultants for services, shares 33,334        
Conversion of convertible debt to Common Stock
Conversion of convertible debt to Common Stock, shares 172        
Net loss (1,413,672) (1,413,672)
Ending balance, value at Jun. 30, 2020 $ 1,261 $ 3,081,884 21,984,368 (27,272,090) (2,204,577)
Balance, shares at Jun. 30, 2020 12,608,813 208,755      
Stock based compensation 428,662 $ 428,662
Exercise of stock options, shares         200,000
Series A preferred stock accretion (250,000) $ (250,000)
Series B preferred stock issued for cash, net of issuance costs $ 1,822,985 1,822,985
Series B preferred stock issued for cash, net of issuance costs, shares   121,535      
Series B preferred stock issued in exchange for convertible debt $ 74,756 74,756
Series B preferred stock issued in exchange for convertible debt, shares   5,007      
Common Stock issued for to consultants for services 15,000 15,000
Common Stock issued for to consultants for services, shares 2,000        
Conversion of convertible debt to Common Stock
Net loss (1,813,168) (1,813,168)
Ending balance, value at Sep. 30, 2020 $ 1,261 $ 4,979,625 22,178,030 (29,085,258) (1,926,342)
Balance, shares at Sep. 30, 2020 12,610,813 335,297      
Beginning balance, value at Dec. 31, 2020 $ 1,821 52,250,266 (35,334,728) 16,917,359
Balance, shares at Dec. 31, 2020 18,209,452        
Stock based compensation   434,291 434,291
Common Stock issued for to consultants for services $ 1   19,999 20,000
Common Stock issued for to consultants for services, shares 2,667        
Warrants issued to consultants for services   231,715 231,715
Warrants issued in asset purchase   136,326 136,326
Net loss (3,399,242) (3,399,242)
Ending balance, value at Mar. 31, 2021 $ 1,822 53,072,597 (38,733,970) 14,340,449
Balance, shares at Mar. 31, 2021 18,212,119        
Beginning balance, value at Dec. 31, 2020 $ 1,821 52,250,266 (35,334,728) $ 16,917,359
Balance, shares at Dec. 31, 2020 18,209,452        
Exercise of stock options, shares         200,000
Net loss         $ (12,895,044)
Ending balance, value at Sep. 30, 2021 $ 2,302 80,696,658 (48,229,771) 32,469,189
Balance, shares at Sep. 30, 2021 23,012,119        
Beginning balance, value at Mar. 31, 2021 $ 1,822 53,072,597 (38,733,970) 14,340,449
Balance, shares at Mar. 31, 2021 18,212,119        
Stock based compensation   648,053 648,053
Issuance of Common Stock in follow-on public offering, net of issuance costs 460   25,361,974 25,362,434
Issuance of Common Stock in follow-on public offering, net of issuance costs, shares 4,600,000        
Warrants issued in business combination   171,689 171,689
Net loss (4,042,529) (4,042,529)
Ending balance, value at Jun. 30, 2021 $ 2,282 79,254,313 (42,776,499) 36,480,096
Balance, shares at Jun. 30, 2021 22,812,119        
Stock based compensation   1,112,365 1,112,365
Exercise of stock options $ 20   329,980 330,000
Exercise of stock options, shares 200,000        
Net loss (5,453,272) (5,453,272)
Ending balance, value at Sep. 30, 2021 $ 2,302 $ 80,696,658 $ (48,229,771) $ 32,469,189
Balance, shares at Sep. 30, 2021 23,012,119