Annual report pursuant to section 13 and 15(d)

Statement of Stockholders' Equity (Deficit)

v2.4.0.8
Statement of Stockholders' Equity (Deficit) (USD $)
Total
Common Stock [Member]
Common Stock Issuable [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Accumulated Deficit [Member]
Balance at Dec. 31, 2011 $ (1,170,897) $ 1,453 $ 0 $ 1,383,602 $ (2,657) $ (2,553,295)
Balance (in shares) at Dec. 31, 2011   1,453,209 0      
Issuance of common stock 52,000 8 0 51,992 0 0
Issuance of common stock (in shares)   8,218 0      
Issuance of common stock for services 78,994 19 0 78,975 0 0
Issuance of common stock for services (in shares)   18,835 0      
Fair value of warrants issued in connection with promissory notes 3,088,944 0 0 3,088,944 0 0
Beneficial conversion feature - convertible promissory notes 1,761,241 0 0 1,761,241 0 0
Fair value of warrants issued in connection with consulting services 670,947 0 0 670,947 0 0
Stock-based compensation 64,596 0 0 64,596 0 0
Net loss (4,647,219) 0 0 0 0 (4,647,219)
Balance at Dec. 31, 2012 (101,394) 1,480 0 7,100,297 (2,657) (7,200,514)
Balance (in shares) at Dec. 31, 2012   1,480,262 0      
Common stock issuable for services 151,665 0 151,665 0 0 0
Common stock issuable for services (in shares)   0 32,525      
Shares issued in initial public offering 17,250,000 3,450 0 17,246,550 0 0
Shares issued in initial public offering (in shares)   3,450,000 0      
Fair value of warrants issued in connection with initial public offering 1,682,877 0 0 1,682,877 0 0
Conversion of promissory notes 6,268,369 1,701 0 6,266,668 0 0
Conversion of promissory notes (in shares)   1,700,493 0      
Contribution on cancellation of promissory note 1,205,096 0 0 1,205,096 0 0
Fair value of warrants issued in connection with promissory notes 655,800 0 0 655,800 0 0
Beneficial conversion feature - convertible promissory notes 674,066 0 0 674,066 0 0
Fair value of warrants issued in connection with consulting services 37,145 0 0 37,145 0 0
Issuance costs of initial public offering (3,916,892) 0 0 (3,916,892) 0 0
Modification of warrants issued in connection with promissory notes 20,935 0 0 20,935 0 0
Cashless exercise of warrants (4) 301 0 (305) 0 0
Cashless exercise of warrants (in shares)   301,213 0      
Stock-based compensation 458,983 0 0 458,983 0 0
Net loss (9,551,698) 0 0 0 0 (9,551,698)
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