Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.19.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
Common Stock
 Additional Paid in Capital
Accumulated Deficit
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2017   28,618,454      
Beginning balance at Dec. 31, 2017 $ 14,087,342 $ 28,996 $ 136,033,967 $ (120,579,062) $ (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (1,408,024)     (1,408,024)  
Stock-based compensation 377,847   377,847    
Stock issued for vested restricted stock awards (in shares)   178,744      
Stock issued for vested restricted stock awards   $ 178 (178)    
Ending balance (in shares) at Mar. 31, 2018   28,797,198      
Ending balance at Mar. 31, 2018 13,057,165 $ 29,174 136,411,636 (121,987,086) (1,396,559)
Beginning balance (in shares) at Dec. 31, 2017   28,618,454      
Beginning balance at Dec. 31, 2017 14,087,342 $ 28,996 136,033,967 (120,579,062) (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (3,682,371)        
Ending balance (in shares) at Sep. 30, 2018   32,433,675      
Ending balance at Sep. 30, 2018 13,154,403 $ 32,811 138,779,584 (124,261,433) (1,396,559)
Beginning balance (in shares) at Mar. 31, 2018   28,797,198      
Beginning balance at Mar. 31, 2018 13,057,165 $ 29,174 136,411,636 (121,987,086) (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (832,697)     (832,697)  
Stock-based compensation 289,950   289,950    
Shares withheld for taxes on vest restricted stock (1,702)   (1,702)    
Stock issued for vested restricted stock awards (in shares)   40,406      
Stock issued for vested restricted stock awards   $ 40 (40)    
Capital Raise, net (in shares)   3,289,000      
Capital Raise, net 2,063,333 $ 3,289 2,060,044    
Ending balance (in shares) at Jun. 30, 2018   32,126,604      
Ending balance at Jun. 30, 2018 14,576,049 $ 32,503 138,759,888 (122,819,783) (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (1,441,650)     (1,441,650)  
Stock-based compensation 159,799   159,799    
Shares withheld for taxes on vest restricted stock (139,795)   (139,795)    
Stock issued for vested restricted stock awards (in shares)   307,071      
Stock issued for vested restricted stock awards   $ 308 (308)    
Ending balance (in shares) at Sep. 30, 2018   32,433,675      
Ending balance at Sep. 30, 2018 13,154,403 $ 32,811 138,779,584 (124,261,433) (1,396,559)
Beginning balance (in shares) at Dec. 31, 2018   32,381,290      
Beginning balance at Dec. 31, 2018 11,033,815 $ 32,759 138,867,509 (126,469,894) (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (2,462,393)     (2,462,393)  
Stock-based compensation 96,871   96,871    
Stock issued for vested restricted stock awards (in shares)   186,031      
Stock issued for vested restricted stock awards   $ 186 (186)    
Ending balance (in shares) at Mar. 31, 2019   32,567,321      
Ending balance at Mar. 31, 2019 8,668,293 $ 32,945 138,964,194 (128,932,287) (1,396,559)
Beginning balance (in shares) at Dec. 31, 2018   32,381,290      
Beginning balance at Dec. 31, 2018 11,033,815 $ 32,759 138,867,509 (126,469,894) (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (3,629,486)        
Ending balance (in shares) at Sep. 30, 2019   48,959,219      
Ending balance at Sep. 30, 2019 12,367,518 $ 49,336 143,814,121 (130,099,380) (1,396,559)
Beginning balance (in shares) at Mar. 31, 2019   32,567,321      
Beginning balance at Mar. 31, 2019 8,668,293 $ 32,945 138,964,194 (128,932,287) (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (1,954,993)     (1,954,993)  
Stock-based compensation 49,822   49,822    
Shares withheld for taxes on vest restricted stock (9,045)   (9,045)    
Stock issued for vested restricted stock awards (in shares)   47,213      
Stock issued for vested restricted stock awards   $ 47 (47)    
Ending balance (in shares) at Jun. 30, 2019   32,614,534      
Ending balance at Jun. 30, 2019 6,754,077 $ 32,992 139,004,924 (130,887,280) (1,396,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss 787,900     787,900  
Stock-based compensation 447,937   447,937    
Shares withheld for taxes on vest restricted stock (36,522)   (36,522)    
Stock issued for vested restricted stock awards (in shares)   532,185      
Stock issued for vested restricted stock awards   $ 531 (531)    
Capital Raise, net (in shares)   15,812,500      
Capital Raise, net 4,414,126 $ 15,813 4,398,313    
Ending balance (in shares) at Sep. 30, 2019   48,959,219      
Ending balance at Sep. 30, 2019 $ 12,367,518 $ 49,336 $ 143,814,121 $ (130,099,380) $ (1,396,559)