• Filing Date: 2019-08-13
  • Form Type: 10-Q
  • Description: Quarterly report
v3.19.2
Shareholders' Equity - Changes in Shareholders’ Equity (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance $ 40,585,474 $ 42,451,169 $ 47,826,748   $ 42,451,169  
Stock repurchased       $ (374,820)    
Stock-based compensation 580,603 309,563 73,425 269,596 890,166  
Stock issued (149,180)          
Net loss (2,695,792) (2,175,258) (1,596,637) (2,043,292) (4,871,050) $ (3,639,929)
Ending balance 38,619,465 40,585,474 46,303,536 47,826,748 38,619,465 46,303,536
Common Stock            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance 38,967 38,967 38,937   38,967  
Stock issued (398)          
Ending balance 39,365 38,967 38,937 38,937 39,365 38,937
Treasury Stock            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance (18,929,915) (18,929,915) (17,000,693)   (18,929,915)  
Stock repurchased       (374,820)    
Ending balance (18,929,915) (18,929,915) (17,000,693) (17,000,693) (18,929,915) (17,000,693)
Additional paid-in capital            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance 94,694,793 94,385,230 94,183,153   94,385,230  
Stock-based compensation 580,603 309,563 73,425 269,596 890,166  
Stock issued (148,782)          
Ending balance 95,424,178 94,694,793 94,256,578 94,183,153 95,424,178 94,256,578
Accumulated deficit            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance (35,218,371) (33,043,113) (29,394,649)   (33,043,113)  
Net loss (2,695,792) (2,175,258) (1,596,637) (2,043,292) (4,871,050)  
Ending balance $ (37,914,163) $ (35,218,371) $ (30,991,286) $ (29,394,649) $ (37,914,163) $ (30,991,286)