Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.21.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series E Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Deferred Stock Based Compensation [Member]
Additional Paid-in Capital [Member]
Stock Subscription [Member]
Retained Earnings [Member]
Total
Beginning balance, value 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     $ 500   49,980   $ 20,833
Balance, shares       200,000         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)
Ending balance, value at Mar. 31, 2020     $ 5,699   6,536,186   (11,486,612) (4,973,894)
Balance, shares at Mar. 31, 2020   2,279,898          
Beginning balance, value at Dec. 31, 2019     $ 5,199   6,470,676   (11,049,210) (4,573,335)
Balance, shares at Dec. 31, 2019   2,079,898          
Net loss                 (3,734,635)
Ending balance, value at Sep. 30, 2020     $ 6,421   9,041,210   (14,783,844) (5,735,213)
Balance, shares at Sep. 30, 2020   14,297,967          
Beginning balance, value at Mar. 31, 2020     $ 5,699   6,536,186   (11,486,612) (4,973,894)
Balance, shares at Mar. 31, 2020   2,279,898          
Stock-based compensation for services         25,000
Balance, shares                
Series A, preferred stock contractual dividends       (8,975)   (8,975)
Net loss         (872,645) (872,645)
Ending balance, value at Jun. 30, 2020     $ 5,699   6,527,211   (12,359,257) (5,830,513)
Balance, shares at Jun. 30, 2020   2,279,898          
Stock-based compensation for services     $ 60   126,940   131,167
Balance, shares     600,000          
Conversion of bridge notes and accrued interest to common stock     $ 1,142   2,396,653   2,397,795
Balance, shares       11,418,069          
Series A, preferred stock contractual dividends       (9,074)   (9,074)
Net loss         (2,424,588) (2,424,588)
Ending balance, value at Sep. 30, 2020     $ 6,421   9,041,210   (14,783,844) (5,735,213)
Balance, shares at Sep. 30, 2020   14,297,967          
Beginning balance, value at Dec. 31, 2020   $ 1,947 $ (148,333) 11,021,840 $ (25,000) (15,911,895) (5,061,441)
Balance, shares at Dec. 31, 2020 281   19,472,241          
Stock-based compensation for services   $ 25 115,000 537,367 652,392
Balance, shares   250,000          
Conversion of debentures and accrued expenses   $ 62 515,006 515,068
Balance, shares       632,995          
Conversion of bridge notes and accrued interest to common stock   $ 664 4,377,824 4,378,488
Balance, shares       6,627,692          
Conversion of Series A preferred stock to common stock   $ 75 662,425 (542,500) 120,000
Balance, shares       750,000          
Series A, preferred stock contractual dividends   (7,899) (7,899)
Issuance of Series B, preferred stock for cash $ 2   2,195,998 25,000 2,221,000
Balance, shares 2,196                
Issuance of Series B, conversion of notes payable to preferred stock   23,000 23,000
Balance, shares 23                
Stock-based compensation to employees and directors $ 1   (4,141,777) 6,527,999 2,386,223
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures   8,500              
Net loss   (4,406,059) (4,406,059)
Ending balance, value at Mar. 31, 2021 $ 2 $ 1 $ 2,774 (4,175,110) 25,853,559 (20,860,454) 820,772
Balance, shares at Mar. 31, 2021 2,500 8,500   27,732,928          
Beginning balance, value at Dec. 31, 2020   $ 1,947 (148,333) 11,021,840 (25,000) (15,911,895) (5,061,441)
Balance, shares at Dec. 31, 2020 281   19,472,241          
Net loss                 (8,364,454)
Ending balance, value at Sep. 30, 2021 $ 2 $ 1 $ 3,496 (1,307,593) 27,243,381 (25,837,433) 101,854
Balance, shares at Sep. 30, 2021 1,509 8,500   34,958,306          
Beginning balance, value at Mar. 31, 2021 $ 2 $ 1 $ 2,774 (4,175,110) 25,853,559 (20,860,454) 820,772
Balance, shares at Mar. 31, 2021 2,500 8,500   27,732,928          
Stock-based compensation for services   33,333 7,841 41,174
Series A, preferred stock contractual dividends (7,180) (7,180)
Stock-based compensation to employees and directors   2,439,249 2,439,249
Compensation expense due to warrant modification   155,639 (155,639)
Net loss   (2,904,203) (2,904,203)
Ending balance, value at Jun. 30, 2021 $ 2 $ 1 $ 2,774 (1,702,528) 26,009,859 (23,920,296) 389,812
Balance, shares at Jun. 30, 2021 2,500 8,500   27,732,928          
Balance, shares       6,525,378          
Series A, preferred stock contractual dividends   (7,259) (7,259)
Stock-based compensation to employees and directors   394,935 32,192 427,127
Conversion of Series B preferred stock to common stock   $ 652 (652)  
Balance, shares (991)     6,525,378          
Incremental value from warrant modifications   694,575   (694,575)
Compensation expense due to warrant modification   101,366 101,366
Issuance of stock for services   $ 70 244,930   245,000
Balance, shares       700,000          
Cumulative contractual dividends of Series B preferred stock   115,309   (115,309)
Cumulative contractual dividends of Series B preferred stock converted to common stock   53,061   (53,061)
Net loss (1,054,192) (1,054,192)
Ending balance, value at Sep. 30, 2021 $ 2 $ 1 $ 3,496 $ (1,307,593) $ 27,243,381 $ (25,837,433) $ 101,854
Balance, shares at Sep. 30, 2021 1,509 8,500   34,958,306