Annual report pursuant to Section 13 and 15(d)

Statement of Stockholders' Equity

v3.20.1
Statement of Stockholders' Equity - USD ($)
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Other Comprehensive Loss
Total
Beginning balance, shares at Dec. 31, 2017 9,291,421        
Beginning balance, amount at Dec. 31, 2017 $ 9,291 $ 28,037,889 $ (18,427,780) $ 0 $ 9,619,400
Issuance of common stock upon exercise of stock options, amount         0
Shares issued in Gem transaction, net of issuance costs of $169,257, amount         0
Non-cash stock compensation   529,332     529,332
Net loss     (3,227,932)   (3,227,932)
Accumulated other comprehensive loss       (2,396) (2,396)
Ending balance, shares at Dec. 31, 2018 9,291,421        
Ending balance, amount at Dec. 31, 2018 $ 9,291 28,567,221 (21,655,712) (2,396) 6,918,404
Issuance of common stock at $8 per share for cash, net of $1,400,492 issuance costs, shares 1,277,778        
Issuance of common stock at $8 per share for cash, net of $1,400,492 issuance costs, amount $ 1,278 8,820,454     8,821,732
Issuance of common stock upon exercise of stock options, shares 18,433        
Issuance of common stock upon exercise of stock options, amount $ 18 109,980     109,998
Non-cash stock compensation   1,011,170     1,011,170
Net loss       (4,224,874) (4,224,874)
Accumulated other comprehensive loss     (8,574)   (8,574)
Ending balance, shares at Dec. 31, 2019 10,587,632        
Ending balance, amount at Dec. 31, 2019 $ 10,587 $ 38,508,825 $ (10,970) $ (25,880,586) $ 12,627,856