XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Shareholders' Equity (Deficit) (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid in Capital [Member]
Accumulated Deficit [Member]
Treasury Stock [Member]
Total
Beginning balance at Dec. 31, 2019 $ 4,702 $ 11,877,590 $ (16,890,626)   $ (5,008,334)
Beginning balance, shares at Dec. 31, 2019 4,701,552        
Stock based compensation 432,645   432,645
Claw back of stock granted $ (17) 17  
Claw back of stock granted, shares (16,667)        
Stock issuance related to loan term revisions $ 16 99,984   100,000
Stock issuance related to loan term revisions, shares 16,667        
Stock issuance related to debt $ 83 499,917   500,000
Stock issuance related to debt, shares 83,333        
Warrants issued related to debt 76,822   76,822
Net income (loss) (1,695,631)   (1,695,631)
Ending balance at Mar. 31, 2020 $ 4,785 12,986,974 (18,586,257)   (5,594,498)
Ending balance, shares at Mar. 31, 2020 4,784,885        
Beginning balance at Dec. 31, 2020 $ 4,719 14,553,483 (21,964,321) (7,406,164)
Beginning balance, shares at Dec. 31, 2020 4,718,714        
Stock based compensation 290,805 290,805
Beneficial conversion feature 636,075 $ 636,075
Claw back of stock granted, shares         55,833
Conversion of Bridge Financing $ 254 1,907,971 $ 1,908,225
Conversion of Bridge Financing, shares 254,425        
Stock grant program vesting $ 17 (17)
Stock grant program vesting, shares 16,586        
Stock issuance related to offering, net of offering costs of $4,400,683 $ 6,210 57,693,107 57,699,317
Stock issuance related to offering, net, of offering costs of $4,400,683 shares 6,210,000        
Common stock repurchased (2,975,000) (2,975,000)
Common stock repurchased, shares        
Stock issued with exercise of warrants $ 18 9,978 9,996
Stock issued with exercise of warrants,shares 18,412        
Net income (loss) (1,588,582) (1,588,582)
Ending balance at Mar. 31, 2021 $ 11,218 $ 72,116,357 $ (23,552,903) $ (2,975,000) $ 48,574,672
Ending balance, shares at Mar. 31, 2021 11,218,137