Annual report pursuant to Section 13 and 15(d)

Statement of Stockholders' Equity

v3.21.1
Statement of Stockholders' Equity - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-In Capital [Member]
Treasury Stock [Member]
Accumulated Deficit [Member]
Total
Beginning balance at Dec. 31, 2018 $ 1,404 $ 1,518 $ 68,022,484 $ (13,210) $ (63,414,252) $ 4,597,944
Beginning balance (in shares) at Dec. 31, 2018 1,404,479 1,518,430   1,321    
Shares and pre-funded warrants issued in offering, net of issuance costs $ 545   3,098,228     3,098,773
Shares and pre-funded warrants issued in offering, net of issuance costs (in shares) 544,950          
Conversion of preferred stock to common stock $ 152 $ (1,518) 1,366      
Conversion of preferred stock to common stock (in shares) 151,843 (1,518,430)        
Stock-based compensation     120,178     120,178
Net loss for the year         (3,927,662) (3,927,662)
Ending balance at Dec. 31, 2019 $ 2,101   71,242,256 $ (13,210) (67,341,914) 3,889,233
Ending balance (in shares) at Dec. 31, 2019 2,101,272     1,321    
Exercise of warrants $ 766   546,007     546,773
Exercise of warrants (in shares) 765,315          
Early warrant exercise transaction $ 373   2,547,213     2,547,586
Early warrant exercise transaction (in shares) 372,837          
Warrant inducement expense     3,720,866     3,720,866
Shares issued for services $ 26   49,974     50,000
Shares issued for services (in shares) 26,316          
Stock-based compensation     868,648     868,648
Net loss for the year         (7,793,897) (7,793,897)
Ending balance at Dec. 31, 2020 $ 3,266   $ 78,974,964 $ (13,210) $ (75,135,811) $ 3,829,209
Ending balance (in shares) at Dec. 31, 2020 3,265,740     1,321