Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Shareholders' Equity

v3.10.0.1
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, 2015 $ 100,785,408 $ (94,175,999) $ (6,231) $ 6,603,178
Balance, shares at Dec. 31, 2015 5,425,045        
Net loss (3,303,538) (3,303,538)
Issuance of restricted common stock to officers $ 54,725 (54,725)
Issuance of restricted common stock to officers, shares 27,500        
Amortization of deferred compensation 30,153 30,153
Issuance of Non-Qualified Stock Options for key Employees 27,977 27,977
Issuance of Non-Qualified Stock Options for services from non-employees 23,676 23,676
Net unrealized gain on marketable securities 6,231 6,231
Balance at Dec. 31, 2016 $ 100,891,786 (24,572) (97,479,537) 3,387,677
Balance, shares at Dec. 31, 2016 5,452,545        
Net loss   (7,366,310) (7,366,310)
Amortization of deferred compensation $ 21,103 $ 21,103
Share register adjustment (1)
Public offering of common stock, net of offering costs of $494,406 $ 1,652,994 $ 1,652,994
Public offering of common stock, net of offering costs of $494,406, shares 1,789,500        
Private offering of common stock, net of offering costs of $267,443 $ 1,760,317 1,760,317
Private offering of common stock, net of offering costs of $267,443, shares 1,448,400        
Public offering of common and preferred stock, net of offering costs of $834,414 $ 3,675,000 $ 2,390,586 6,065,586
Public offering of common and preferred stock, net of offering costs of $834,414, shares 3,675 21,500,000        
Warrant Modification $ 764,932 764,932
Exercise of warrants for common stock $ 981,948 981,948
Exercise of warrants for common stock, shares 925,000        
Conversion of preferred stock to common stock $ (1,920,000) $ 1,920,000
Conversion of preferred stock to common stock, shares (1,920) 12,800,001        
Issuance of stock grants to officers $ 163,924 163,924
Issuance of stock grants to officers, shares 186,277        
Issuance of stock grants to key employees $ 95,770 95,770
Issuance of stock grants to key employees, shares 108,830        
Issuance of non-qualified stock options to key employees $ 17,274 17,274
Issuance of non-qualified stock options for services to non-employees 2,183 2,183
Issuance of restricted stock for services for non-employees $ 5,455 5,455
Issuance of restricted stock for services for non-employees, shares 10,000        
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 44,220,552