Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Shareholders Equity

v3.19.3
Condensed Consolidated Statement of Changes in Shareholders Equity - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Deferred Compensation [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income/(Loss) [Member]
Total
Balance at Dec. 31, 2017 $ 1,755,000 $ 110,647,169 $ (3,469) $ (104,845,847) $ 7,552,853
Balance, shares at Dec. 31, 2017 1,755 5,534,692        
Net loss (1,859,991) (1,859,991)
Exercise of warrants for common stock $ 5,717,325 5,717,325
Exercise of warrants for common stock, shares 3,811,509        
Conversion of preferred stock to common stock $ (1,755,000) $ 1,755,000
Conversion of preferred stock to common stock, shares (1,755) 1,464,930        
Amortization of deferred compensation 3,469 3,469
Issuance of stock grants to key employees $ 5,175 5,175
Issuance of stock grants to key employees, shares 3,125        
Issuance of non-qualified stock options to key employees $ 2,712 2,712
Issuance of restricted stock for services for non-employees $ 12,545 12,545
Issuance of restricted stock for services for non-employees, shares        
Net unrealized loss on marketable securities (16,843) (16,843)
Balance at Mar. 31, 2018 $ 118,139,926 (106,705,838) (16,843) 11,417,245
Balance, shares at Mar. 31, 2018 10,814,256        
Balance at Dec. 31, 2017 $ 1,755,000 $ 110,647,169 (3,469) (104,845,847) 7,552,853
Balance, shares at Dec. 31, 2017 1,755 5,534,692        
Net loss           (7,011,394)
Balance at Sep. 30, 2018 $ 119,582,020 (111,857,241) (5,543) 7,719,236
Balance, shares at Sep. 30, 2018 11,780,762        
Balance at Mar. 31, 2018 $ 118,139,926 (106,705,838) (16,843) 11,417,245
Balance, shares at Mar. 31, 2018 10,814,256        
Net loss (2,067,453) (2,067,453)
Exercise of warrants for common stock $ 1,437,875 1,437,875
Exercise of warrants for common stock, shares 966,506        
Issuance of non-qualified stock options to key employees $ 2,742 2,742
Net unrealized loss on marketable securities 4,400 4,400
Balance at Jun. 30, 2018 $ 119,580,543 (108,773,291) (12,443) 10,794,809
Balance, shares at Jun. 30, 2018 11,780,762        
Net loss (3,083,950) (3,083,950)
Issuance of non-qualified stock options to key employees 1,477 1,477
Net unrealized loss on marketable securities 6,900 6,900
Balance at Sep. 30, 2018 $ 119,582,020 (111,857,241) (5,543) 7,719,236
Balance, shares at Sep. 30, 2018 11,780,762        
Balance at Dec. 31, 2018 $ 121,554,547 (115,694,881) (25,913) 5,833,753
Balance, shares at Dec. 31, 2018 12,482,708        
Net loss (916,958) (916,958)
Issuance of stock grants to key employees $ 15,874 15,874
Issuance of stock grants to key employees, shares 15,000        
Issuance of restricted stock units for services $ 3,906 3,906
Issuance of restricted stock units for services, shares        
Net unrealized loss on marketable securities 29,343 29,343
Balance at Mar. 31, 2019 $ 121,574,327 (116,611,839) 3,430 4,965,918
Balance, shares at Mar. 31, 2019 12,497,708        
Balance at Dec. 31, 2018 $ 121,554,547 (115,694,881) (25,913) 5,833,753
Balance, shares at Dec. 31, 2018 12,482,708        
Net loss           (2,548,875)
Balance at Sep. 30, 2019 $ 121,822,267 (118,243,756) 19,684 3,598,195
Balance, shares at Sep. 30, 2019 12,516,458        
Balance at Mar. 31, 2019 $ 121,574,327 (116,611,839) 3,430 4,965,918
Balance, shares at Mar. 31, 2019 12,497,708        
Net loss (794,891) (794,891)
Issuance of stock grants to key employees $ 6,570 6,570
Issuance of stock grants to key employees, shares 11,250        
Issuance of restricted stock units for services $ 118,478 118,478
Issuance of restricted stock units for services, shares        
Net unrealized loss on marketable securities 18,059 18,059
Balance at Jun. 30, 2019 $ 121,699,375 (117,406,730) 21,489 4,314,134
Balance, shares at Jun. 30, 2019 12,508,958        
Net loss (837,026) (837,026)
Issuance of stock grants to key employees $ 3,111 3,111
Issuance of stock grants to key employees, shares 7,500        
Issuance of restricted stock units for services $ 119,781 119,781
Issuance of restricted stock units for services, shares        
Net unrealized loss on marketable securities (1,805) (1,805)
Balance at Sep. 30, 2019 $ 121,822,267 $ (118,243,756) $ 19,684 $ 3,598,195
Balance, shares at Sep. 30, 2019 12,516,458