Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.20.2
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Total
0.01 Par Value Common Stock
Additional Paid-in Capital
Accumulated Deficit
Beginning Balance at Dec. 31, 2018 $ 7,080,067 $ 2,130 $ 17,741,214 $ (10,663,277)
Beginning Balance, Shares at Dec. 31, 2018   213,002    
Stock-based compensation 447,990 447,990
Net loss (1,462,444) (1,462,444)
Issuance of common stock, net of issuance costs 552,709 $ 424 552,285
Issuance of common stock, net of issuance costs, Shares   42,388    
Ending Balance at Jun. 30, 2019 6,618,322 $ 2,554 18,741,489 (12,125,721)
Ending Balance, Shares at Jun. 30, 2019   255,390    
Beginning Balance at Mar. 31, 2019 6,806,140 $ 2,130 17,958,022 (11,154,012)
Beginning Balance, Shares at Mar. 31, 2019   213,002    
Stock-based compensation 231,182 231,182
Net loss (971,709) (971,709)
Issuance of common stock, net of issuance costs 552,709 $ 424 552,285
Issuance of common stock, net of issuance costs, Shares   42,388    
Ending Balance at Jun. 30, 2019 6,618,322 $ 2,554 18,741,489 (12,125,721)
Ending Balance, Shares at Jun. 30, 2019   255,390    
Beginning Balance at Dec. 31, 2019 4,360,149 $ 11,579 21,932,387 (17,583,817)
Beginning Balance, Shares at Dec. 31, 2019   1,157,890    
Stock-based compensation 168,514 168,514
Net loss (1,585,400) (1,585,400)
Conversion of restricted stock units to common stock $ 246 (246)
Conversion of restricted stock units to common stock, Shares   24,672    
Conversion of debt exchange 206,263 $ 737 205,526
Conversion of debt exchange, shares   73,665    
Issuance of common stock, net of issuance costs 17,118,480 $ 73,400 17,045,080
Issuance of common stock, net of issuance costs, Shares   7,340,000    
Reverse stock split settlement (122) (122)
Reverse stock split settlement, Shares   (38)    
Ending Balance at Jun. 30, 2020 20,267,884 $ 85,962 39,351,139 (19,169,217)
Ending Balance, Shares at Jun. 30, 2020   8,596,189    
Beginning Balance at Mar. 31, 2020 3,651,364 $ 11,705 21,970,903 (18,331,244)
Beginning Balance, Shares at Mar. 31, 2020   1,170,524    
Stock-based compensation 129,750 129,750
Net loss 837,973 (837,973)
Conversion of restricted stock units to common stock $ 120 (120)
Conversion of restricted stock units to common stock, Shares   12,000    
Conversion of debt exchange 206,263 $ 737 205,526
Conversion of debt exchange, shares   73,665    
Issuance of common stock, net of issuance costs 17,118,480 $ 73,400 17,045,080
Issuance of common stock, net of issuance costs, Shares   7,340,000    
Ending Balance at Jun. 30, 2020 $ 20,267,884 $ 85,962 $ 39,351,139 $ (19,169,217)
Ending Balance, Shares at Jun. 30, 2020   8,596,189