Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity

v3.20.2
Statements of Stockholders' Equity - USD ($)
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Total
Beginning balance, shares at Dec. 31, 2018 9,291,421        
Beginning balance, amount at Dec. 31, 2018 $ 9,291 $ 28,567,221 $ (2,396) $ (21,655,712) $ 6,918,404
Non-cash stock compensation   233,776     233,776
Net loss       (1,376,235) (1,376,235)
Accumulated other comprehensive gain (loss)     (2,127)   (2,127)
Ending balance, shares at Mar. 31, 2019 9,291,421        
Ending balance, amount at Mar. 31, 2019 $ 9,291 28,800,997 (4,523) (23,031,947) 5,773,818
Beginning balance, shares at Dec. 31, 2018 9,291,421        
Beginning balance, amount at Dec. 31, 2018 $ 9,291 28,567,221 (2,396) (21,655,712) 6,918,404
Non-cash stock compensation         491,409
Net loss         (2,281,935)
Ending balance, shares at Jun. 30, 2019 9,291,421        
Ending balance, amount at Jun. 30, 2019 $ 9,291 29,058,630 (3,456) (23,937,647) 5,126,818
Beginning balance, shares at Mar. 31, 2019 9,291,421        
Beginning balance, amount at Mar. 31, 2019 $ 9,291 28,800,997 (4,523) (23,031,947) 5,773,818
Non-cash stock compensation   257,633     257,633
Net loss       (905,700) (905,700)
Accumulated other comprehensive gain (loss)     1,067   1,067
Ending balance, shares at Jun. 30, 2019 9,291,421        
Ending balance, amount at Jun. 30, 2019 $ 9,291 29,058,630 (3,456) (23,937,647) 5,126,818
Beginning balance, shares at Dec. 31, 2019 10,587,632        
Beginning balance, amount at Dec. 31, 2019 $ 10,587 38,508,825 (10,970) (25,880,586) 12,627,856
Non-cash stock compensation   338,497     338,497
Issuance of common stock under a Capital on DemandTM Sales Agreement with JonesTrading Institutional Services LLC, net of commissions and fees of $16,284, shares 33,903        
Issuance of common stock under a Capital on DemandTM Sales Agreement with JonesTrading Institutional Services LLC, net of commissions and fees of $16,284, amount $ 34 526,109     526,143
Issuance of common stock to non-employee directors pursuant to vested restricted stock units, shares 1,288        
Issuance of common stock to non-employee directors pursuant to vested restricted stock units, amount $ 1 (1)     0
Offering costs   (2,161)     (2,161)
Net loss       (1,090,877) (1,090,877)
Accumulated other comprehensive gain (loss)     (4,041)   (4,041)
Ending balance, shares at Mar. 31, 2020 10,622,823        
Ending balance, amount at Mar. 31, 2020 $ 10,622 39,371,269 (15,011) (26,971,463) 12,395,417
Beginning balance, shares at Dec. 31, 2019 10,587,632        
Beginning balance, amount at Dec. 31, 2019 $ 10,587 38,508,825 (10,970) (25,880,586) 12,627,856
Non-cash stock compensation         705,855
Net loss         (2,536,687)
Ending balance, shares at Jun. 30, 2020 10,735,973        
Ending balance, amount at Jun. 30, 2020 $ 10,736 40,572,598 (11,554) (28,417,273) 12,154,507
Beginning balance, shares at Mar. 31, 2020 10,622,823        
Beginning balance, amount at Mar. 31, 2020 $ 10,622 39,371,269 (15,011) (26,971,463) 12,395,417
Non-cash stock compensation   367,358     367,358
Issuance of common stock under a Capital on DemandTM Sales Agreement with JonesTrading Institutional Services LLC, net of commissions and fees of $29,425, shares 111,858        
Issuance of common stock under a Capital on DemandTM Sales Agreement with JonesTrading Institutional Services LLC, net of commissions and fees of $29,425, amount $ 113 950,577     950,690
Issuance of common stock to non-employee directors pursuant to vested restricted stock units, shares 1,292        
Issuance of common stock to non-employee directors pursuant to vested restricted stock units, amount $ 1 (1)     0
Offering costs   (116,605)     (116,605)
Net loss       (1,445,810) (1,445,810)
Accumulated other comprehensive gain (loss)     3,457   3,457
Ending balance, shares at Jun. 30, 2020 10,735,973        
Ending balance, amount at Jun. 30, 2020 $ 10,736 $ 40,572,598 $ (11,554) $ (28,417,273) $ 12,154,507