v3.3.1.900

Consolidated Statements of Stockholders' Equity (Deficit) - USD ($) | Total | Common Stock | Series A Preferred Stock | Additional Paid-in Capital | Stock based compensation | Accumulated Deficit
--- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2013 | $ (1,906,471) | $ 8,271 |  | $ 20,395,977 | $ 5,171,093 | $ (27,481,812)
Balance (in shares) at Dec. 31, 2013 |  | 8,271,168 |  |  |  |
Issuance of common stock, and fulfillment of stock subscriptions receivable | 5,942,300 | $ 5,942 |  | 5,936,358 |  |
Issuance of common stock, and fulfillment of stock subscriptions receivable (in shares) |  | 5,942,300 |  |  |  |
Stock options and warrants exercised Conversion of account payable | 931,971 | $ 781 |  | $ 931,190 |  |
Stock options and warrants exercised Conversion of account payable (in shares) |  | 781,046 |  |  |  |
Share based compensation | 831,493 |  |  |  | $ 831,493 |
Net loss from operations | (6,608,680) |  |  |  |  | $ (6,608,680)
Balance at Dec. 31, 2014 | (809,387) | $ 14,994 |  | $ 27,263,525 | $ 6,002,586 | $ (34,090,492)
Balance (in shares) at Dec. 31, 2014 |  | 14,994,514 |  |  |  |
Issuance of common stock, and fulfillment of stock subscriptions receivable | 4,392,603 | $ 2,184 |  | 4,390,419 |  |
Issuance of common stock, and fulfillment of stock subscriptions receivable (in shares) |  | 2,184,236 |  |  |  |
Stock options and warrants exercised | 133,686 | $ 299 |  | 380,101 | $ (246,714) |
Stock options and warrants exercised (in shares) |  | 298,371 |  |  |  |
Conversion of account payable | 1,524,298 | $ 728 |  | 1,523,570 |  |
Conversion of account payable (in shares) |  | 727,802 |  |  |  |
Share based compensation | 402,518 |  |  |  | $ 402,518 |
Net loss from operations | (9,426,853) |  |  |  |  | $ (9,426,853)
Balance at Dec. 31, 2015 | $ (3,783,135) | $ 18,205 |  | $ 33,557,615 | $ 6,158,390 | $ (43,517,345)
Balance (in shares) at Dec. 31, 2015 |  | 18,204,923 |  |  |  |

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