Annual report pursuant to Section 13 and 15(d)

Statement of Stockholders' Equity

XML 19 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Statement of Stockholders' Equity - USD ($)
Total
Common Stock [Member]
Common Stock Issuable Member [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Accumulated Deficit [Member]
Balance at Dec. 31, 2013 $ 14,834,948 $ 6,932 $ 151,665 $ 31,431,220 $ (2,657) $ (16,752,212)
Balance (in shares) at Dec. 31, 2013   6,931,968 32,525      
Common stock issued for services 50,004 $ 39 $ (151,665) 201,630 0 0
Common stock issued for services (in shares)   38,903 (32,525)      
Warrants issued for consulting services 130,179 $ 0 $ 0 130,179 0 0
Exercise of options and warrants 4,966 $ 77 $ 0 4,889 0 0
Exercise of options and warrants (in shares)   77,364 0      
Stock-based compensation 944,102 $ 0 $ 0 944,102 0 0
Net loss for the year (6,900,219) 0 0 0 0 (6,900,219)
Balance at Dec. 31, 2014 9,063,980 $ 7,048 $ 0 32,712,020 (2,657) (23,652,431)
Balance (in shares) at Dec. 31, 2014   7,048,235 0      
Shares issued in offering, net of issuance costs 15,924,405 $ 2,226 $ 0 15,922,179 0 0
Shares issued in offering, net of issuance costs (in shares)   2,225,825 0      
Warrants issued for consulting services 84,900 $ 0 $ 0 84,900 0 0
Exercise of options and warrants 653,828 $ 266 $ 0 653,562 0 0
Exercise of options and warrants (in shares)   265,484 0      
Issuance of restricted stock 0 $ 10 $ 0 (10) 0 0
Issuance of restricted stock (in shares)   10,000 0      
Stock-based compensation 1,384,763 $ 0 $ 0 1,384,763 0 0
Net loss for the year (10,440,643) 0 0 0 0 (10,440,643)
Balance at Dec. 31, 2015 $ 16,671,233 $ 9,550 $ 0 $ 50,757,414 $ (2,657) $ (34,093,074)
Balance (in shares) at Dec. 31, 2015   9,549,544 0