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Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2019

Equity [Abstract]

Schedule of stockholders equity

						Nine Months Ended September 30, 2019 (Unaudited)
						Common Stock						Treasury Stock						Additional Paid-In Capital						Accumulated Deficit						Total
January 1, 2019						$	38,967					$	(18,929,915)					$	94,385,230					$	(33,043,113)					$	42,451,169
Stock-based compensation						—						—						309,563						—						309,563
Net loss						—						—						—						(2,175,258)						(2,175,258)
March 31, 2019						38,967						(18,929,915)						94,694,793						(35,218,371)						40,585,474
Stock issued						398						—						148,782						—						149,180
Stock-based compensation						—						—						580,603						—						580,603
Net loss						—						—						—						(2,695,792)						(2,695,792)
June 30, 2019						39,365						(18,929,915)						95,424,178						(37,914,163)						38,619,465
Stock issued						102						—						179,308						—						179,410
Stock-based compensation						—						—						144,180						—						144,180
Net loss						—						—						—						(1,698,384)						(1,698,384)
September 30, 2019						$	39,467					$	(18,929,915)					$	95,747,666					$	(39,612,547)					$	37,244,671
						Nine Months Ended September 30, 2018 (Unaudited)
						Common Stock						Treasury Stock						Additional Paid-In Capital						Accumulated Deficit						Total
January 1, 2018						$	38,937					$	(16,625,873)					$	93,913,557					$	(27,351,357)					$	49,975,264
Stock repurchased						—						(374,820)						—						—						(374,820)
Stock-based compensation						—						—						269,596						—						269,596
Net loss						—						—						—						(2,043,292)						(2,043,292)
March 31, 2018						38,937						(17,000,693)						94,183,153						(29,394,649)						47,826,748
Stock-based compensation						—						—						73,425						—						73,425
Net loss						—						—						—						(1,596,637)						(1,596,637)
June 30, 2018						38,937						(17,000,693)						94,256,578						(30,991,286)						46,303,536
Stock repurchased												(1,929,222)												—						(1,929,222)
Stock-based compensation						—												70,619						—						70,619
Stock issued						30						—						4,470												4,500
Net loss						—						—						—						(1,539,495)						(1,539,495)
September 30, 2018						$	38,967					$	(18,929,915)					$	94,331,667					$	(32,530,781)					$	42,909,938

Schedule of stock repurchase activity

The following table summarizes the Company’s stock repurchase activities: 

Period						Total Number of Shares Purchased						Average Price Paid per Share						Amount						Total Number of Treasury Shares Purchased as Part of Publicly Announced Plan						Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plan
Privately Negotiated Transactions:
January 12, 2016 - Abengoa repurchased and retired shares						2,136,752						$	1.35					$	2,884,615					—						N/A
January 11, 2017 - Pinnacle Family Office Investments L.P. repurchased shares						2,363,590						1.54						3,639,929						2,363,590						N/A
																														$	15,000,000
2016 Stock Repurchase Program:
January through February 2017						7,863,980						1.58						12,448,283						7,863,980						$	2,551,717
2017 Stock Repurchase Program:																														$	5,000,000
September through December 2017						381,607						1.41						537,661						381,607						$	4,462,339
January through August 2018						1,644,325						1.40						2,304,042						1,644,325						$	2,158,297
Total open market and privately negotiated purchases						14,390,254						$	1.52					$	21,814,530					12,253,502

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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

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Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

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