Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Shareholder's Equity (Unaudited)

v3.19.1
Condensed Consolidated Statements of Changes in Shareholder's Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Deferred Compensation [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income/(Loss) [Member]
Total
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 5,534,692        
Net loss (1,859,991) (1,859,991)
Exercise of warrants for common stock $ 5,717,325 5,717,325
Exercise of warrants for common stock, shares 3,811,509        
Conversion of preferred stock to common stock $ (1,755,000) $ 1,755,000
Conversion of preferred stock to common stock, shares (1,755) 1,464,930        
Amortization of deferred compensation 3,469 3,469
Issuance of unrestricted stock to a key employee $ 5,175 5,175
Issuance of unrestricted stock to a key employee, shares 3,125        
Issuance of non-qualified stock options to key employees $ 2,712 2,712
Issuance of restricted stock for services for non-employees $ 12,545 12,545
Issuance of restricted stock for services for non-employees, shares        
Net unrealized gain on marketable securities (16,843) (16,843)
Balance at Mar. 31, 2018 $ 118,139,926 (106,705,838) (16,843) 11,417,245
Balance, shares at Mar. 31, 2018 10,814,256        
Balance at Dec. 31, 2018 $ 121,554,547 (115,694,881) (25,913) 5,833,753
Balance, shares at Dec. 31, 2018 12,482,708        
Net loss (916,958) (916,958)
Issuance of unrestricted stock to a key employee $ 15,874   15,874
Issuance of unrestricted stock to a key employee, shares 15,000        
Issuance of restricted stock units to directors for services $ 3,906 3,906
Issuance of restricted stock units to directors for services, shares        
Net unrealized gain 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 12,497,708