Note 12 - Stockholders' Equity	12 Months Ended
Dec. 31, 2019
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 12 . STOCKHOLDERS’ EQUITY On October 5, 2017, we effected an one -for- ten reverse stock split of our common stock. Our condensed consolidated financial statements and disclosures reflect these changes in capital structure for all periods presented. On June 12, 2015 and June 13, 2016, our shareholders approved 100,000,000 increases in our authorized common stock to 300,000,000 and 400,000,000, respectively. On October 2, 2017, our shareholders approved a 300,000,000 decrease in our authorized common stock to 100,000,000. Equity Incentive Plan Activity On December 5, 2013, our shareholders approved the Net Element International, Inc. 2013 Equity Incentive Plan (as amended to date, the “2013 Plan”). Awards under the 2013 Plan may be granted in any one or all of the following forms: (i) incentive stock options meeting the requirements of Section 422 of the Internal Revenue Code of 1986, as amended; (ii) non-qualified stock options (unless otherwise indicated, references to “Options” include both Incentive Stock Options and Non-Qualified Stock Options); (iii) stock appreciation rights, which may be awarded either in tandem with Options or on a stand-alone basis; (iv) shares of common stock that are restricted; (v) units representing shares of common stock; (vi) units that do not represent shares of common stock but which may be paid in the form of common stock; and (vii) shares of common stock that are not subject to any conditions to vesting. On November 27, 2018, our shareholders approved an amendment to the 2013 Plan to increase the number of shares of the Company’s common stock available for issuance by 178,900 shares resulting in the aggregate of 773,000 shares authorized for issuance under the 2013 Plan, which represented in the aggregate approximately 20% of our issued and outstanding stock as of December 31, 2018. On October 23, 2019, our shareholders approved an amendment to the 2013 Plan to increase the number of shares of the Company’s common stock available for issuance by 177,000 shares resulting in the aggregate of 950,000 shares authorized for issuance under the 2013 Plan. The maximum aggregate number of shares of common stock available for award under the 2013 Plan at December 31, 2019 and 2018 was 172,436 and 323,498, respectively. The 2013 Plan is administered by the compensation committee. 2013 Equity Incentive Plan - Unrestricted Shares and Stock Options During the years ended December 31, 2019 and 2018, we issued common stock pursuant to the 2013 Plan to the members of our Board of Directors and recorded a compensation charge of $60,000 and $85,786, respectively. At December 31, 2019 we had 154,005 incentive stock options outstanding with a weighted average exercise price of $10.73 and a weighted average remaining contract term of 8.08 years. At December 31, 2018 we had 74,004 incentive stock options outstanding with a weighted average exercise price of $15.52 and a weighted average remaining contract term of 7.77 years. All of the stock options were anti-dilutive at December 31, 2019 and 2018. During the year ended December 31, 2019 our Board of Directors approved and authorized the issuance of 80,000 incentive stock options which were allocated to certain named executives pursuant to the 2013 Plan and we recorded compensation expense of approximately $503,000. During the year ended December 31, 2019 our Board of Directors approved and authorized the issuance of 22,000 shares of our common stock pursuant to the 2013 Plan to members of our Board of Directors and we recorded compensation expense of approximately $138,000. Also during year ended December 30, 2019, our Board of Directors approved and authorized the issuance of 214,507 shares of our common stock pursuant to the 2013 Plan which were allocated to certain named executives, certain employees, and certain consultants of the Company and we recorded compensation expense of approximately $1,349,000.

NOTE

. STOCKHOLDERS’ EQUITY

October 5, 2017,

we effected an

one

-for-

ten

reverse stock split of our common stock. Our condensed consolidated financial statements and disclosures reflect these changes in capital structure for all periods presented.

June 12, 2015

and

June 13, 2016,

our shareholders approved

100,000,000

increases in our authorized common stock to

300,000,000

and

400,000,000,

respectively. On

October 2, 2017,

our shareholders approved a

300,000,000

decrease in our authorized common stock to

100,000,000.

Equity Incentive Plan Activity

December 5, 2013,

our shareholders approved the Net Element International, Inc.

2013

Equity Incentive Plan (as amended to date, the

“2013

Plan”). Awards under the

2013

Plan

may

be granted in any

one

or all of the following forms: (i) incentive stock options meeting the requirements of Section

422

of the Internal Revenue Code of

1986,

as amended; (ii) non-qualified stock options (unless otherwise indicated, references to “Options” include both Incentive Stock Options and Non-Qualified Stock Options); (iii) stock appreciation rights, which

may

be awarded either in tandem with Options or on a stand-alone basis; (iv) shares of common stock that are restricted; (v) units representing shares of common stock; (vi) units that do

not

represent shares of common stock but which

may

be paid in the form of common stock; and (vii) shares of common stock that are

not

subject to any conditions to vesting.

November 27, 2018,

our shareholders approved an amendment to the

2013

Plan to increase the number of shares of the Company’s common stock available for issuance by

178,900

shares resulting in the aggregate of

773,000

shares authorized for issuance under the

2013

Plan, which represented in the aggregate approximately

20%

of our issued and outstanding stock as of

December 31, 2018.

October 23, 2019,

our shareholders approved an amendment to the

2013

Plan to increase the number of shares of the Company’s common stock available for issuance by

177,000

shares resulting in the aggregate of

950,000

shares authorized for issuance under the

2013

Plan.

The maximum aggregate number of shares of common stock available for award under the

2013

Plan at

December 31, 2019

and

2018

was

172,436

and

323,498,

respectively. The

2013

Plan is administered by the compensation committee.

2013

Equity Incentive Plan - Unrestricted Shares and Stock Options

During the years ended

December 31, 2019

and

2018,

we issued common stock pursuant to the

2013

Plan to the members of our Board of Directors and recorded a compensation charge of

$60,000

and

$85,786,

respectively.

December 31, 2019

we had

154,005

incentive stock options outstanding with a weighted average exercise price of

$10.73

and a weighted average remaining contract term of

8.08

years. At

December 31, 2018

we had

74,004

incentive stock options outstanding with a weighted average exercise price of

$15.52

and a weighted average remaining contract term of

7.77

years. All of the stock options were anti-dilutive at

December 31, 2019

and

2018.

During the year ended

December 31, 2019

our Board of Directors approved and authorized the issuance of

80,000

incentive stock options which were allocated to certain named executives pursuant to the

2013

Plan and we recorded compensation expense of approximately

$503,000.

During the year ended

December 31, 2019

our Board of Directors approved and authorized the issuance of

22,000

shares of our common stock pursuant to the

2013

Plan to members of our Board of Directors and we recorded compensation expense of approximately

$138,000.

Also during year ended

December

30,

2019,

our Board of Directors approved and authorized the issuance of

214,507

shares of our common stock pursuant to the

2013

Plan which were allocated to certain named executives, certain employees, and certain consultants of the Company and we recorded compensation expense of approximately

$1,349,000.