Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders??? Equity

v3.21.1
Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
Common Stock
Common Stock Subscribed
Additional Paid-in Capital
Subscription Receivable
Accumulated Other Comprehensive Income
Accumulated Deficit
Total
Balance at Dec. 31, 2018 $ 1,160   $ 124,361,130   $ 138,861 $ (100,479,855) $ 24,021,296
Balance (in Shares) at Dec. 31, 2018 11,602,754            
Effect of reverse merger $ 1,149   36,395,355   36,396,504
Effect of reverse merger (in Shares) 11,492,999            
Warrants issued to convertible debt holders   114,804   114,804
Contingent consideration for convertible debt holders   152,590   152,590
Stock-based compensation:              
Stock options   149,893   149,893
Restricted stock $ 8   127,144   127,152
Restricted stock (in Shares) 80,393            
Net loss     (16,738,729) (16,738,729)
Other comprehensive income (loss)     (2,684) (2,684)
Balance at Dec. 31, 2019 $ 2,317 161,300,916 136,177 (117,218,584) 44,220,826
Balance (in Shares) at Dec. 31, 2019 23,176,146          
Common stock issued for cash $ 76 4,999,924 5,000,000
Common stock issued for cash (in Shares) 758,725          
Stock-based compensation:              
Stock options 1,158,173 1,158,173
Common stock $ 7 128,993 129,000
Common stock (in Shares) 64,286          
Restricted stock $ 20 459,200 459,220
Restricted stock (in Shares) 199,143          
Shares issued upon exercise of Put Option $ 102 1,999,898 2,000,000
Shares issued upon exercise of Put Option (in Shares) 1,018,848          
Shares issued upon conversion of debt $ 339 9,998,506 9,998,845
Shares issued upon conversion of debt (in Shares) 3,392,857          
Beneficial conversion feature associated with convertible debt 523,636 523,636
Warrants issued with convertible debt 1,205,959 1,205,959
Shares issued for redemption of debt and accrued interest $ 968 13,217,123 13,218,091
Shares issued for redemption of debt and accrued interest (in Shares) 9,678,840          
Shares issued in satisfaction of employee bonus obligations $ 22 473,978 474,000
Shares issued in satisfaction of employee bonus obligations (in Shares) 217,999          
Disgorgement of short swing profits 21,875 21,875
Net loss (45,058,830) (45,058,830)
Other comprehensive income (loss) 54,789 54,789
Balance at Dec. 31, 2020 $ 3,851 $ 195,488,181 $ 190,966 $ (162,277,414) $ 33,405,584
Balance (in Shares) at Dec. 31, 2020 38,506,844