Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Stockholders Equity (Unaudited)

v3.20.2
Condensed Consolidated Statement of Changes in Stockholders Equity (Unaudited) - USD ($)
Total
Series A, Preferred Stock
Series B, Preferred Stock
Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Balance, shares at Dec. 31, 2018   813,624 2,666,667 2,738,508    
Balance, amount at Dec. 31, 2018 $ 25,868,395 $ 813 $ 2,667 $ 2,738 $ 129,359,799 $ (103,497,622)
Shares issued - registered offerings - net of offering costs, shares   273,936    
Shares issued - registered offerings - net of offering costs, amount 1,986,485 $ 0 $ 0 $ 274 1,986,211 0
Stock-based compensation 335,013 0 0 0 335,013 0
Net loss (3,110,527) $ 0 $ 0 $ 0 0 (3,110,527)
Balance, shares at Mar. 31, 2019   813,624 2,666,667 3,012,444    
Balance, amount at Mar. 31, 2019 25,079,366 $ 813 $ 2,667 $ 3,012 131,681,023 (106,608,149)
Balance, shares at Dec. 31, 2018   813,624 2,666,667 2,738,508    
Balance, amount at Dec. 31, 2018 25,868,395 $ 813 $ 2,667 $ 2,738 129,359,799 (103,497,622)
Net loss (8,858,858)          
Balance, shares at Sep. 30, 2019   785,877 2,666,667 3,249,353    
Balance, amount at Sep. 30, 2019 21,351,654 $ 785 $ 2,667 $ 3,249 133,701,433 (112,356,480)
Balance, shares at Dec. 31, 2018   813,624 2,666,667 2,738,508    
Balance, amount at Dec. 31, 2018 25,868,395 $ 813 $ 2,667 $ 2,738 129,359,799 (103,497,622)
Balance, shares at Dec. 31, 2019   757,770 2,666,667 3,252,371    
Balance, amount at Dec. 31, 2019 19,854,545 $ 757 $ 2,667 $ 3,252 133,932,615 (114,084,746)
Balance, shares at Mar. 31, 2019   813,624 2,666,667 3,012,444    
Balance, amount at Mar. 31, 2019 25,079,366 $ 813 $ 2,667 $ 3,012 131,681,023 (106,608,149)
Shares issued - registered offerings - net of offering costs, shares   118,600    
Shares issued - registered offerings - net of offering costs, amount 929,914 $ 0 $ 0 $ 119 929,795 0
Stock-based compensation 237,272 0 0 0 237,272 0
Net loss (3,306,917) $ 0 $ 0 $ 0 0 (3,306,917)
Conversion of 27,747 Preferred Shares to 2,782 common shares, shares   (27,747) 2,782    
Conversion of 27,747 Preferred Shares to 2,782 common shares, amount 0 $ (28) $ 0 $ 3 25 0
Balance, shares at Jun. 30, 2019   785,877 2,666,667 3,133,826    
Balance, amount at Jun. 30, 2019 22,939,635 $ 785 $ 2,667 $ 3,134 132,848,116 (109,915,066)
Shares issued - registered offerings - net of offering costs, shares   115,527    
Shares issued - registered offerings - net of offering costs, amount 834,055 $ 0 $ 0 $ 115 833,940 0
Stock-based compensation 19,378 0 0 0 19,378 0
Net loss (2,441,414) $ 0 $ 0 $ 0 0 (2,441,414)
Balance, shares at Sep. 30, 2019   785,877 2,666,667 3,249,353    
Balance, amount at Sep. 30, 2019 21,351,654 $ 785 $ 2,667 $ 3,249 133,701,433 (112,356,480)
Balance, shares at Dec. 31, 2019   757,770 2,666,667 3,252,371    
Balance, amount at Dec. 31, 2019 19,854,545 $ 757 $ 2,667 $ 3,252 133,932,615 (114,084,746)
Shares issued - registered offerings - net of offering costs, shares   110,053    
Shares issued - registered offerings - net of offering costs, amount 399,675 $ 0 $ 0 $ 111 399,564 0
Stock-based compensation 6,085 0 0 0 6,085 0
Net loss (2,264,086) $ 0 $ 0 $ 0 0 (2,264,086)
Conversion of 11,875 preferred shares to 1,255 common shares, shares   (11,875) 1,255    
Conversion of 11,875 preferred shares to 1,255 common shares, amount 0 $ (12) $ 0 $ 1 11 0
Balance, shares at Mar. 31, 2020   745,895 2,666,667 3,363,679    
Balance, amount at Mar. 31, 2020 17,996,219 $ 745 $ 2,667 $ 3,364 134,338,275 (116,348,832)
Balance, shares at Dec. 31, 2019   757,770 2,666,667 3,252,371    
Balance, amount at Dec. 31, 2019 19,854,545 $ 757 $ 2,667 $ 3,252 133,932,615 (114,084,746)
Net loss (7,459,254)          
Balance, shares at Sep. 30, 2020   712,126 2,666,667 4,416,961    
Balance, amount at Sep. 30, 2020 17,585,086 $ 712 $ 2,667 $ 4,417 139,121,290 (121,544,000)
Balance, shares at Mar. 31, 2020   745,895 2,666,667 3,363,679    
Balance, amount at Mar. 31, 2020 17,996,219 $ 745 $ 2,667 $ 3,364 134,338,275 (116,348,832)
Shares issued - registered offerings - net of offering costs, shares   437,341    
Shares issued - registered offerings - net of offering costs, amount 2,278,322 $ 0 $ 0 $ 437 2,277,885 0
Stock-based compensation 6,085 0 0 0 6,085 0
Net loss (2,132,106) $ 0 $ 0 $ 0 0 (2,132,106)
Conversion of 17,080 preferred shares to 1,847 common shares, shares   (17,080) 1,847    
Conversion of 17,080 preferred shares to 1,847 common shares, amount 0 $ (17) $ 0 $ 2 15 0
Exercise of 6,548 options at $3.82 each, shares   6,548    
Exercise of 6,548 options at $3.82 each, amount 25,013 $ 0 $ 0 $ 6 25,007 0
Balance, shares at Jun. 30, 2020   728,815 2,666,667 3,809,415    
Balance, amount at Jun. 30, 2020 18,173,533 $ 728 $ 2,667 $ 3,809 136,647,267 (118,480,938)
Shares issued - registered offerings - net of offering costs, shares   601,700    
Shares issued - registered offerings - net of offering costs, amount 2,461,675 $ 0 $ 0 $ 602 2,461,073 0
Net loss (3,063,062) $ 0 $ 0 $ 0 0 (3,063,062)
Conversion of 16,689 preferred shares to 1,846 common shares, shares   (16,689) 1,846    
Conversion of 16,689 preferred shares to 1,846 common shares, amount 0 $ (16) $ 0 $ 2 14 0
Common stock issued to consultant for services, shares   4,000    
Common stock issued to consultant for services, amount 17,000 $ 0 $ 0 $ 4 16,996 0
Reverse of stock-based compensation for forfeited stock options (4,060) $ 0 $ 0 $ 0 (4,060) 0
Balance, shares at Sep. 30, 2020   712,126 2,666,667 4,416,961    
Balance, amount at Sep. 30, 2020 $ 17,585,086 $ 712 $ 2,667 $ 4,417 $ 139,121,290 $ (121,544,000)