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Note 11 - Stockholders' Equity | 3 Months Ended
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Mar. 31, 2020
Notes to Financial Statements |
Stockholders' Equity Note Disclosure [Text Block] | NOTE 11. STOCKHOLDERS’ EQUITY On October 5, 2017, we effected a 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. The following table represents the change in our stockholders' equity for the three months ended March 31, 2020 and 2019:
| Three Months Ended March 31, 2019
| Common Stock |  | Paid in |  | Stock |  | Comprehensive |  | Non-controlling |  | Accumulated |  | Equity (Deficiency)
| Shares |  | Amount |  | Capital |  | Subscription |  | Income |  | interest |  | Deficit |  | in Equity
Balance December 31, 2018 | 3,863,019 |  | $ 386.30 |  | $183,246,232 |  | $ - |  | $ (2,232,163) |  | $ (125,737) |  | $(172,292,252) |  | $ 8,596,466
Share based compensation | 2,448 |  | 0.24 |  | 15,006 |  | - |  | - |  | - |  | - |  | 15,006
Net loss | - |  | - |  | - |  | - |  | - |  | (13,966) |  | (1,120,847) |  | (1,134,813)
Comprehensive loss - foreign currency translation | - |  | - |  | - |  | - |  | (14,561) |  | - |  | - |  | (14,561)
Balance March 31, 2019 | 3,865,467 |  | $ 386.55 |  | $183,261,238 |  | $ - |  | $ (2,246,724) |  | $ (139,703) |  | $(173,413,099) |  | $ 7,462,098
|  | Three Months Ended March 31, 2020 |
|  | Common Stock |  |  | Paid in |  |  | Stock |  |  | Comprehensive |  |  | Non-controlling |  |  | Accumulated |  |  | Equity (Deficiency) |
|  | Shares |  |  | Amount |  |  | Capital |  |  | Subscription |  |  | Income |  |  | interest |  |  | Deficit |  |  | in Equity |
Balance December 31, 2019 |  |  | 4,111,082 |  |  | $ | 410.66 |  |  | $ | 185,297,069 |  |  | $ | - |  |  | $ | (2,274,187 | ) |  | $ | (231,999 | ) |  | $ | (178,750,634 | ) |  | $ | 4,040,660 |
Share based compensation |  |  | 14,672 |  |  |  | 1.47 |  |  |  | 45,896 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 45,897 |
Expenses paid in connection with ESOUSA transaction |  |  | - |  |  |  | - |  |  |  | (5,000 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (5,000 | )
Net loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (11,228 | ) |  |  | (1,366,216 | ) |  |  | (1,377,444 | )
Comprehensive loss - foreign currency translation |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 130,813 |  |  |  | - |  |  |  | - |  |  |  | 130,813 |
Balance March 31, 2020 |  |  | 4,125,754 |  |  | $ | 412.13 |  |  | $ | 185,337,965 |  |  | $ | - |  |  | $ | (2,143,374 | ) |  | $ | (243,227 | ) |  | $ | (180,116,849 | ) |  | $ | 2,834,927 |
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. 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 March 31, 2020 and December 31, 2019 was 237,764 and 252,436, respectively. The 2013 Plan is administered by the compensation committee. 2013 Equity Incentive Plan - Unrestricted Shares and Stock Options During the three months ended March 31, 2020 and 2019, we issued common stock pursuant to the 2013 Plan to the members of our Board of Directors and recorded a compensation charge of $7,500 and $15,006, respectively. At March 31, 2020 and 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 7.83 years at March 31, 2020 and 8.08 years at December 31, 2019, respectively. All of the stock options were anti-dilutive at March 31, 2020 and December 31, 2019.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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