Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Deficit (Unaudited)

v3.20.2
Condensed Consolidated Statements of Stockholders' Deficit (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid In Capital [Member]
Deferred Stock-based Compensation [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2018 $ 5,199 $ 6,394,748 $ (3,787) $ (10,367,231) $ (3,971,071)
Balance, shares at Dec. 31, 2018 2,079,898        
Stock-based compensation for services 115,714 115,714
Stock-based compensation for services, shares        
Series A, preferred stock contractual dividends (8,876) (8,876)
Net loss (505,274) (505,274)
Balance at Mar. 31, 2019 $ 5,199 6,501,586 (3,787) (10,872,505) (4,369,507)
Balance, shares at Mar. 31, 2019 2,079,898        
Balance at Dec. 31, 2018 $ 5,199 6,394,748 (3,787) (10,367,231) (3,971,071)
Balance, shares at Dec. 31, 2018 2,079,898        
Net loss           (878,262)
Balance at Sep. 30, 2019 $ 5,199 6,483,536 (3,787) (11,245,493) (4,760,545)
Balance, shares at Sep. 30, 2019 2,079,898        
Balance at Mar. 31, 2019 $ 5,199 6,501,586 (3,787) (10,872,505) (4,369,507)
Balance, shares at Mar. 31, 2019 2,079,898        
Series A, preferred stock contractual dividends (8,976) (8,976)
Net loss (812,697) (812,697)
Balance at Jun. 30, 2019 $ 5,199 6,492,610 (3,787) (11,685,202) (5,191,180)
Balance, shares at Jun. 30, 2019 2,079,898        
Series A, preferred stock contractual dividends (9,074) (9,074)
Net loss 439,709 439,709
Balance at Sep. 30, 2019 $ 5,199 6,483,536 (3,787) (11,245,493) (4,760,545)
Balance, shares at Sep. 30, 2019 2,079,898        
Balance at Dec. 31, 2019 $ 5,199 6,470,676 (11,049,210) (4,573,335)
Balance, shares at Dec. 31, 2019 2,079,898        
Stock-based compensation for services $ 20 49,980 (29,167) 20,833
Stock-based compensation for services, shares 200,000        
Series A, preferred stock contractual dividends (8,317) (8,317)
Stock-based compensation expense and stock option modification 24,327 24,327
Net loss (437,402) (437,402)
Balance at Mar. 31, 2020 $ 5,219 6,536,666 (29,167) (11,486,612) (4,973,893)
Balance, shares at Mar. 31, 2020 2,279,898        
Balance at Dec. 31, 2019 $ 5,199 6,470,676 (11,049,210) $ (4,573,335)
Balance, shares at Dec. 31, 2019 2,079,898        
Conversion of bridge notes and accrued interest to common stock, shares           11,418,069
Net loss           $ (3,734,635)
Balance at Sep. 30, 2020 $ 6,421 9,041,209 (14,783,844) (5,735,214)
Balance, shares at Sep. 30, 2020 14,297,967        
Balance at Mar. 31, 2020 $ 5,219 6,536,666 (29,167) (11,486,612) (4,973,893)
Balance, shares at Mar. 31, 2020 2,279,898        
Stock-based compensation for services 25,000 25,000
Series A, preferred stock contractual dividends (8,975) (8,975)
Net loss (872,645) (872,645)
Balance at Jun. 30, 2020 $ 5,219 6,527,691 (4,167) (12,359,255) (5,830,514)
Balance, shares at Jun. 30, 2020 2,279,898        
Stock-based compensation for services $ 60 126,940 4,167 131,167
Stock-based compensation for services, shares 600,000        
Series A, preferred stock contractual dividends (9,074) (9,074)
Conversion of bridge notes and accrued interest to common stock $ 1,142 2,396,653 2,397,795
Conversion of bridge notes and accrued interest to common stock, shares 11,418,069        
Net loss (2,424,588) (2,424,589)
Balance at Sep. 30, 2020 $ 6,421 $ 9,041,209 $ (14,783,844) $ (5,735,214)
Balance, shares at Sep. 30, 2020 14,297,967