Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders??? Equity (Deficiency)

v3.8.0.1
Consolidated Statement of Changes in Stockholders’ Equity (Deficiency) - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning Balance, Shares at Dec. 31, 2015   3,725,819      
Beginning Balance, Amount at Dec. 31, 2015 $ 3,726 $ 72,868,647 $ (74,371,441) $ (1,499,068)
Issuance of Preferred stock, Shares 1,020,000      
Issuance of Preferred stock, Amount $ 1,020 2,798,980 2,800,000
Shares issued - registered offerings – net of offering costs, Shares   3,363,395      
Shares issued - registered offerings – net of offering costs, Amount   $ 3,363 6,132,441 6,135,804
Stock-based compensation     1,984,011 1,984,011
Warrant modifications, Shares   22,929      
Warrant modifications, Amount   $ 23 816,997 817,020
Issuance of warrants 1,664,999 1,664,999
Net loss (6,345,176) (6,345,176)
Ending Balance, Shares at Dec. 31, 2016 1,020,000 7,112,143      
Ending Balance, Amount at Dec. 31, 2016 $ 1,020 $ 7,112 86,266,075 (80,716,617) 5,557,590
Shares issued - registered offerings – net of offering costs, Shares   5,236,001      
Shares issued - registered offerings – net of offering costs, Amount   $ 5,236 6,021,828 6,027,064
Stock-based compensation 1,193,306 1,193,306
Consulting fees paid in stock - non-cash payment of accrued expenses, Shares   102,975      
Consulting fees paid in stock - non-cash payment of accrued expenses, Amount   $ 103 121,617 121,720
Cashless exercise of stock warrants, Shares   286,584      
Cashless exercise of stock warrants, Amount   $ 287 (287)  
Net loss (7,104,897) (7,104,897)
Ending Balance, Shares at Dec. 31, 2017 1,020,000 12,737,703      
Ending Balance, Amount at Dec. 31, 2017 $ 1,020 $ 12,738 $ 93,602,539 $ (87,821,514) $ 5,794,783