Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)

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STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Treasury Stock
Total
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        
Commons stock issued for warrants exercised $ 214 1,649,786 1,650,000
Commons stock issued for warrants exercised, shares 214,286        
Stock options granted to employees 21,892 21,892
Net Income (Loss) 44,169 44,169
Balance at Mar. 31, 2019 $ 2,830,000 $ 1,719 29,088,480 (30,225,664) (149,459) 1,545,076
Balance, shares at Mar. 31, 2019 2,830 1,720,169        
Balance at Dec. 31, 2019 $ 1,705,000 $ 1,982 31,063,915 (32,740,715) (157,452) (127,270)
Balance, shares at Dec. 31, 2019 1,705 1,982,039        
Common stock issued $ 1,542 9,251,586 $ 9,253,128
Common stock issued, shares 1,542,188       1,542,188
Stock options granted to employees 8,100 $ 8,100
Stock issuance cost (1,001,885) (1,001,885)
Common stock issued for services $ 2 7,498 7,500
Common stock issued for services, shares 1,611        
Net Income (Loss) (2,147,049) (2,147,049)
Balance at Mar. 31, 2020 $ 1,705,000 $ 3,526 $ 39,329,214 $ (34,887,764) $ (157,452) $ 5,992,524
Balance, shares at Mar. 31, 2020 1,705 3,525,838