Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Shareholders Equity

v3.20.2
Condensed Consolidated Statement of Changes in Shareholders Equity - USD ($)
Series D Convertible Preferred Stock [Member]
Common Stock [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income/(Loss) [Member]
Total
Balance at Dec. 31, 2018 $ 121,554,547 $ (115,694,881) $ (25,913) $ 5,833,753
Balance, shares at Dec. 31, 2018 540,607      
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 625      
Stock-based compensation - Issuance of restricted stock units for services $ 3,906 3,906
Net unrealized (Reclassification of) gain (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 541,232      
Balance at Dec. 31, 2018 $ 121,554,547 (115,694,881) (25,913) 5,833,753
Balance, shares at Dec. 31, 2018 540,607      
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 542,014      
Balance at Mar. 31, 2019 $ 121,574,327 (116,611,839) 3,430 4,965,918
Balance, shares at Mar. 31, 2019 541,232      
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 470      
Stock-based compensation - Issuance of restricted stock units for services $ 118,478 118,478
Net unrealized (Reclassification of) gain (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 541,702      
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 312      
Stock-based compensation - Issuance of restricted stock units for services $ 119,781 119,781
Net unrealized (Reclassification of) gain (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 542,014      
Balance at Dec. 31, 2019 $ 128,920,414 (119,583,130) 17,886 9,355,170
Balance, shares at Dec. 31, 2019 1,738,837      
Net loss (3,538,536) (3,538,536)
Stock-based compensation - Issuance of restricted stock units for services 1,302 1,302
Net unrealized (Reclassification of) gain (loss) on marketable securities (240,937) (240,937)
Exercise of prepaid equity forward contracts for common stock $ 77 77
Exercise of prepaid equity forward contracts for common stock, shares 765,000      
Stock-based compensation - acquisition of license for preferred series 'D' stock $ 418,479 418,479
Stock-based compensation - acquisition of license for preferred series 'D' stock, shares 211,353      
Stock-based compensation - acquisition of license for common stock $ 814,578 814,578
Stock-based compensation - acquisition of license for common stock, shares 411,403      
Stock-based compensation - shares issued to vendors $ 7,318 7,318
Balance at Mar. 31, 2020 $ 418,479 $ 129,743,689 (123,121,666) (223,051) 6,817,451
Balance, shares at Mar. 31, 2020 211,353 2,915,240      
Balance at Dec. 31, 2019 $ 128,920,414 (119,583,130) 17,886 9,355,170
Balance, shares at Dec. 31, 2019 1,738,837      
Net loss         (14,293,864)
Balance at Sep. 30, 2020 $ 144,524 $ 154,901,639 (133,876,994) 21,169,169
Balance, shares at Sep. 30, 2020 72,992 8,859,868      
Balance at Mar. 31, 2020 $ 418,479 $ 129,743,689 (123,121,666) (223,051) 6,817,451
Balance, shares at Mar. 31, 2020 211,353 2,915,240      
Net loss (3,628,131) (3,628,131)
Net unrealized (Reclassification of) gain (loss) on marketable securities 201,898 201,898
Exercise of prepaid equity forward contracts for common stock $ 3 3
Exercise of prepaid equity forward contracts for common stock, shares 30,000      
Exercise of Series C Convertible Preferred Warrants for common stock $ 4,174,000 4,174,000
Exercise of Series C Convertible Preferred Warrants for common stock, shares 1,043,500      
Exercise of Series D Convertible Preferred Shares for common stock $ (5,497) $ 5,497
Exercise of Series D Convertible Preferred Shares for common stock, shares (2,776) 2,776      
Registered direct offering of common stock net of offering costs of $513,795 $ 4,086,207 4,086,207
Registered direct offering of common stock net of offering costs of $513,795, shares 766,667      
Registered direct offering of common stock net of offering costs of $504,281 $ 4,320,720 4,320,720
Registered direct offering of common stock net of offering costs of $504,281, shares 1,366,856      
Balance at Jun. 30, 2020 $ 412,982 $ 142,330,116 (126,749,797) (21,153) 15,972,148
Balance, shares at Jun. 30, 2020 208,577 6,125,039      
Net loss (7,127,197) (7,127,197)
Stock-based compensation - Issuance of restricted stock units for services 69,031 69,031
Net unrealized (Reclassification of) gain (loss) on marketable securities 21,153 21,153
Exercise of Series C Convertible Preferred Warrants for common stock $ 3,566,000 3,566,000
Exercise of Series C Convertible Preferred Warrants for common stock, shares 891,500      
Exercise of Series D Convertible Preferred Shares for common stock $ (268,458) $ 268,458
Exercise of Series D Convertible Preferred Shares for common stock, shares (135,585) 135,585      
Registered direct offering of common stock net of offering costs of $689,874 $ 6,158,034 6,158,034
Registered direct offering of common stock net of offering costs of $689,874, shares 1,207,744      
Share-based compensation - shares issued for litigation settlements $ 2,510,000 2,510,000
Share-based compensation - shares issued for litigation settlements, shares 500,000      
Balance at Sep. 30, 2020 $ 144,524 $ 154,901,639 $ (133,876,994) $ 21,169,169
Balance, shares at Sep. 30, 2020 72,992 8,859,868