Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.20.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - 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          
Stock-based compensation:              
Net loss (3,854,152) (3,854,152)
Other comprehensive income (loss) (3,082) (3,082)
Balance at Mar. 31, 2019 $ 1,160 124,361,130 135,779 (104,334,007) 20,164,062
Balance (in Shares) at Mar. 31, 2019 11,602,754          
Stock-based compensation:              
Net loss (2,811,286) (2,811,286)
Other comprehensive income (loss) 10,799 10,799
Balance at Jun. 30, 2019 $ 1,160 124,361,130 146,578 (107,145,293) 17,363,575
Balance (in Shares) at Jun. 30, 2019 11,602,754          
Stock-based compensation:              
Stock options 5,940 5,940
Restricted stock $ 8 12,459 12,467
Restricted stock (in Shares) 80,393          
Stock-based compensation:              
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:              
Net loss (4,253,472) (4,253,472)
Other comprehensive income (loss) (21,083) (21,083)
Balance at Sep. 30, 2019 $ 2,317 161,042,278 125,495 (111,398,765) 49,771,325
Balance (in Shares) at Sep. 30, 2019 23,176,146          
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 240,399 240,399
Restricted stock 113,436 113,436
Restricted stock (in Shares)          
Subscription of common stock in connection with exercise of put option $ 102 1,999,898 (2,000,000)
Subscription of common stock in connection with exercise of put option (in Shares) 1,018,848          
Stock-based compensation:              
Net loss (8,776,469) (8,776,469)
Balance at Mar. 31, 2020 $ 2,393 $ 102 168,654,573 (2,000,000) 136,177 (125,995,053) 40,798,192
Balance (in Shares) at Mar. 31, 2020 23,934,871 1,018,848          
Stock-based compensation:              
Stock options 213,763 213,763
Restricted stock 117,875 117,875
Restricted stock (in Shares)          
Cash received for subscription $ 102 $ (102) 2,000,000 2,000,000
Cash received for subscription (in Shares) 1,018,848 (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
Stock-based compensation:              
Net loss (10,880,729) (10,880,729)
Other comprehensive income (loss) 190 190
Balance at Jun. 30, 2020 $ 2,834 180,714,312 136,367 (136,875,782) 43,977,731
Balance (in Shares) at Jun. 30, 2020 28,346,576          
Stock-based compensation:              
Stock options 312,117 312,117
Restricted stock $ 20 136,030 136,050
Restricted stock (in Shares) 199,143          
Stock-based compensation:              
Shares issued for redemption of debt and accrued interest $ 316 5,419,421 5,419,737
Shares issued for redemption of debt and accrued interest (in Shares) 3,161,970          
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
Stock-based compensation:              
Common Stock $ 7,000,000   128,993,000,000       129,000,000,000
Common Stock (in Shares) 64,286,000,000            
Stock-based compensation:              
Net loss (6,548,877) (6,548,877)
Other comprehensive income (loss) 45,358 45,358
Balance at Sep. 30, 2020 $ 3,199 $ 187,206,726 $ 181,725 $ (143,424,659) $ 43,966,991
Balance (in Shares) at Sep. 30, 2020 31,989,974