Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)

v3.20.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
Series B Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Treasury Stock
Total
Balance at Dec. 31, 2017 $ 2,830,000 $ 1,475 $ 26,628,006 $ (28,688,946) $ (148,000) $ 622,535
Balance, shares at Dec. 31, 2017 2,830 1,475,561        
Common stock issued for warrants exercised $ 21 194,979 195,000
Common stock issued for warrants exercised, shares 21,429        
Stock options granted to employees 447,826 447,826
Stock Repurchase (1,459) (1,459)
Common stock issued for accrued services $ 4 73,704 73,708
Common stock issued for accrued services, shares 3,729        
Common stock issued for conversion of salary $ 5 72,287 72,292
Common stock issued for conversion of salary, shares 5,164        
Net Loss (1,580,887) (1,580,887)
Balance at Dec. 31, 2018 $ 2,830,000 $ 1,505 27,416,802 (30,269,833) (149,459) (170,985)
Balance, shares at Dec. 31, 2018 2,830 1,505,883        
Common stock issued for warrants exercised $ 302 2,317,718 2,318,020
Common stock issued for warrants exercised, shares 301,042        
Common stock issued for cashless warrants exercised $ 10 (10)
Common stock issued for cashless warrants exercised, shares 9,878        
Stock options granted to employees 44,874 44,874
Stock Repurchase (7,993) (7,993)
Stock issuance costs (20,000) 20,000
Series B preferred converted to common stock $ (1,125,000) $ 161 1,124,839
Series B preferred converted to common stock, Shares (1,125) 160,713        
Common stock issued for accrued services $ 4 32,913 32,917
Common stock issued for accrued services, shares 4,523        
Debt discount from warrants issued with notes payable - related parties 146,779 146,779
Net Loss (2,470,882) (2,470,882)
Balance at Dec. 31, 2019 $ 1,705,000 $ 1,982 $ 31,063,915 $ (32,595,310) $ (157,452) $ (127,270)
Balance, shares at Dec. 31, 2019 1,705 1,982,039