• Filing Date: 2014-08-14
  • Form Type: 10-Q
  • Description: Quarterly report
v2.4.0.8
Statement of Stockholders' Equity (USD $)
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Stock Subscription
Other Comprehensive Income / Loss
Accumulated Deficit
Treasury Stock
Beginning balance, amount at Dec. 31, 2012 $ 1,038,984 $ 22 $ 3,025 $ 14,485,740     $ (13,418,302) $ (31,501)
Beginning balance, shares at Dec. 31, 2012   220,000 30,352,938         23,334
Stock purchase, shares     19,125,006          
Stock purchase, amount 5,562,816   1,913 5,735,903 (175,000)      
Offering costs (182,184)     (182,184)        
Stock grant, shares     2,402,969          
Stock grant, amount 1,048,091   240 1,047,851        
Conversion of Preferred Stock, shares   (220,000) 528,000          
Conversion of Preferred Stock, amount   (22) 53 (31)        
Option grant 716,983     716,983        
Conversion of debt, shares     93,334          
Conversion of debt, amount 28,000   9 27,991        
Beneficial Conversion Feature 116,667     116,667        
Net loss (6,086,197)         1,268 (6,087,465)  
Ending balance, amount at Dec. 31, 2013 2,243,160 0 5,240 21,948,920 (175,000) 1,268 (19,505,767) (31,501)
Ending balance, shares at Dec. 31, 2013   0 52,402,247         23,334
Stock purchase, shares     7,867,668          
Stock purchase, amount 2,735,300   787 2,559,513 175,000      
Offering costs (211,500)     (211,500)        
Stock grant, shares     1,319,000          
Stock grant, amount 204,574   132 204,442        
Option grant 949,843     949,843        
Warrant exercise, shares     49,569          
Warrant exercise, amount     5 (5)        
Stock compensation, shares     150,000          
Stock compensation, amount 166,174   15 166,159        
Warrant grant, amount 321,603     321,603        
Net loss (4,267,719)         (1,158) (4,266,561)  
Ending balance, amount at Jun. 30, 2014 $ 2,141,435 $ 0 $ 6,179 $ 25,938,975 $ 0 $ 110 $ (23,772,328) $ (31,501)
Ending balance, shares at Jun. 30, 2014   0 61,788,484         23,334