Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Shareholders' Equity

v3.20.2
Condensed Consolidated Statement of Changes in Shareholders' Equity - USD ($)
Series D Convertible Preferred Stock [Member]
Common Stock [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income/(Loss) [Member]
Total
Balance at Dec. 31, 2018 $ 121,554,547 $ (115,694,881) $ (25,913) $ 5,833,753
Balance, shares at Dec. 31, 2018 540,607      
Net loss (916,958) (916,958)
Issuance of stock grants to key employees $ 15,874 15,874
Issuance of stock grants to key employees, shares 625      
Share-based compensation - Directors - restricted stock units $ 3,906 3,906
Net unrealized (gain) loss 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 541,232      
Balance at Dec. 31, 2018 $ 121,554,547 (115,694,881) (25,913) 5,833,753
Balance, shares at Dec. 31, 2018 540,607      
Net loss         (1,711,849)
Balance at Jun. 30, 2019 $ 121,699,375 (117,406,730) 21,489 4,314,134
Balance, shares at Jun. 30, 2019 541,702      
Balance at Mar. 31, 2019 $ 121,574,327 (116,611,839) 3,430 4,965,918
Balance, shares at Mar. 31, 2019 541,232      
Net loss (794,891) (794,891)
Issuance of stock grants to key employees $ 6,570 6,570
Issuance of stock grants to key employees, shares 470      
Share-based compensation - Directors - restricted stock units $ 118,478 118,478
Net unrealized (gain) loss on marketable securities 18,059 18,059
Balance at Jun. 30, 2019 $ 121,699,375 (117,406,730) 21,489 4,314,134
Balance, shares at Jun. 30, 2019 541,702      
Balance at Dec. 31, 2019 $ 128,920,414 (119,583,130) 17,886 9,355,170
Balance, shares at Dec. 31, 2019 1,738,837      
Net loss (3,538,536) (3,538,536)
Share-based compensation - Directors - restricted stock units 1,302 1,302
Net unrealized (gain) loss on marketable securities (240,937) (240,937)
Exercise of prepaid equity forward contracts for common stock $ 77 77
Exercise of prepaid equity forward contracts for common stock, shares 765,000      
Shares issued for the purchase of license $ 418,479 $ 814,578 1,233,057
Shares issued for the purchase of license, shares 211,353 411,403      
Stock-based compensation - shares issued to vendors $ 7,318 7,318
Balance at Mar. 31, 2020 $ 418,479 $ 129,743,689 (123,121,666) (223,051) 6,817,451
Balance, shares at Mar. 31, 2020 211,353 2,915,240      
Balance at Dec. 31, 2019 $ 128,920,414 (119,583,130) 17,886 9,355,170
Balance, shares at Dec. 31, 2019 1,738,837      
Net loss         (7,166,667)
Conversion of Series D Convertible Preferred Shares for common stock, shares   2,776      
Balance at Jun. 30, 2020 $ 412,982 $ 142,330,116 (126,749,797) (21,153) 15,972,148
Balance, shares at Jun. 30, 2020 208,577 6,125,039      
Balance at Mar. 31, 2020 $ 418,479 $ 129,743,689 (123,121,666) (223,051) 6,817,451
Balance, shares at Mar. 31, 2020 211,353 2,915,240      
Net loss (3,628,131) (3,628,131)
Net unrealized (gain) loss on marketable securities 201,898 201,898
Exercise of prepaid equity forward contracts for common stock $ 3 3
Exercise of prepaid equity forward contracts for common stock, shares 30,000      
Exercise of Series C Convertible Preferred warrants for common stock $ 4,174,000 4,174,000
Exercise of Series C Convertible Preferred warrants for common stock, shares 1,043,500      
Conversion of Series D Convertible Preferred Shares for common stock $ (5,497) $ 5,497
Conversion of Series D Convertible Preferred Shares for common stock, shares (2,776) 2,776      
Registered direct offering of common stock net of offering costs of $513,795 $ 4,086,207 4,086,207
Registered direct offering of common stock net of offering costs of $513,795, shares 766,667      
Registered direct offering of common stock net of offering costs of $504,281 $ 4,320,720 4,320,720
Registered direct offering of common stock net of offering costs of $504,281, shares 1,366,856      
Balance at Jun. 30, 2020 $ 412,982 $ 142,330,116 $ (126,749,797) $ (21,153) $ 15,972,148
Balance, shares at Jun. 30, 2020 208,577 6,125,039