• Filing Date: 2019-08-13
  • Form Type: 10-Q
  • Description: Quarterly report
v3.19.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
Total
Common Stock
Treasury Stock
Additional paid-in capital
Accumulated deficit
Beginning balance at Mar. 31, 2018 $ 47,826,748 $ 38,937 $ (17,000,693) $ 94,183,153 $ (29,394,649)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 73,425     73,425  
Net loss (1,596,637)       (1,596,637)
Ending balance at Jun. 30, 2018 $ 46,303,536 $ 38,937 $ (17,000,693) 94,256,578 (30,991,286)
Beginning balance (in shares) at Dec. 31, 2018 38,966,988 38,966,988 (12,253,502)    
Beginning balance at Dec. 31, 2018 $ 42,451,169 $ 38,967 $ (18,929,915) 94,385,230 (33,043,113)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 309,563     309,563  
Net loss (2,175,258)       (2,175,258)
Ending balance at Mar. 31, 2019 $ 40,585,474 $ 38,967 $ (18,929,915) 94,694,793 (35,218,371)
Beginning balance (in shares) at Dec. 31, 2018 38,966,988 38,966,988 (12,253,502)    
Beginning balance at Dec. 31, 2018 $ 42,451,169 $ 38,967 $ (18,929,915) 94,385,230 (33,043,113)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation $ 890,166     890,166  
Exercise of stock options (in shares) 533,500 397,671      
Exercise of stock options $ 149,180 $ 398   148,782  
Net loss $ (4,871,050)       (4,871,050)
Ending balance (in shares) at Jun. 30, 2019 39,364,659 39,364,659 (12,253,502)    
Ending balance at Jun. 30, 2019 $ 38,619,465 $ 39,365 $ (18,929,915) 95,424,178 (37,914,163)
Beginning balance at Mar. 31, 2019 40,585,474 $ 38,967 $ (18,929,915) 94,694,793 (35,218,371)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 580,603     580,603  
Net loss $ (2,695,792)       (2,695,792)
Ending balance (in shares) at Jun. 30, 2019 39,364,659 39,364,659 (12,253,502)    
Ending balance at Jun. 30, 2019 $ 38,619,465 $ 39,365 $ (18,929,915) $ 95,424,178 $ (37,914,163)