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Note 12 - Stockholders' Equity | 6 Months Ended
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Jun. 30, 2021
Notes to Financial Statements |
Stockholders' Equity Note Disclosure [Text Block] | NOTE 12. 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 and six months ended June 30, 2021 and 2020:
|  | Three and Six Months Ended June 30, 2020 |
|  | Common Stock |  |  | Paid in |  |  | Accumulated Other |  |  | Non-controlling |  |  | Accumulated |  |  | Total |
|  | Shares |  |  | Amount |  |  | Capital |  |  | Comprehensive Loss |  |  | interest |  |  | Deficit |  |  | Stockholder's 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 income (loss) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (11,228 | ) |  |  | (1,366,798 | ) |  |  | (1,378,026 | )
Comprehensive income - foreign currency translation |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 130,813 |  |  |  | - |  |  |  | - |  |  |  | 130,813 |
Balance March 31, 2020 |  |  | 4,125,754 |  |  | $ | 412.13 |  |  | $ | 185,337,965 |  |  | $ | (2,143,374 | ) |  | $ | (243,227 | ) |  | $ | (180,117,432 | ) |  | $ | 2,834,345 |
Share based compensation |  |  | 4,054 |  |  |  | 0.41 |  |  |  | 7,500 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,500 |
ESOUSA transaction |  |  | 65,862 |  |  |  | 6.59 |  |  |  | 151,475 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 151,482 |
Net loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (13,724 | ) |  |  | (324,690 | ) |  |  | (338,414 | )
Comprehensive income - foreign currency translation |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (65,990 | ) |  |  |  |  |  |  |  |  |  |  | (65,990 | )
Balance June 30, 2020 |  |  | 4,195,670 |  |  | $ | 419.13 |  |  | $ | 185,496,940 |  |  | $ | (2,209,364 | ) |  | $ | (256,951 | ) |  | $ | (180,442,122 | ) |  | $ | 2,588,923 |
|  | Three and Six Months Ended June 30, 2021 |
|  | Common Stock |  |  | Paid in |  |  | Accumulated Other |  |  | Non-controlling |  |  | Accumulated |  |  | Total |
|  | Shares |  |  | Amount |  |  | Capital |  |  | Comprehensive Loss |  |  | interest |  |  | Deficit |  |  | Stockholder's Equity |
Balance December 31, 2020 |  |  | 4,997,349 |  |  | $ | 499.28 |  |  | $ | 189,700,103 |  |  | $ | (2,259,410 | ) |  | $ | (267,053 | ) |  | $ | (184,692,067 | ) |  | $ | 2,482,072 |
Share based compensation |  |  | 807 |  |  |  | 0.08 |  |  |  | 11,258 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 11,258 |
ESOUSA transaction |  |  | 200,000 |  |  |  | 20.00 |  |  |  | 1,999,980 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,000,000 |
Net income (loss) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (14,140 | ) |  |  | 304,562 |  |  |  | 290,422 |
Comprehensive loss - foreign currency translation |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 18,583 |  |  |  | - |  |  |  | - |  |  |  | 18,583 |
Balance March 31, 2021 |  |  | 5,198,156 |  |  | $ | 519.37 |  |  | $ | 191,711,341 |  |  | $ | (2,240,827 | ) |  | $ | (281,193 | ) |  | $ | (184,387,504 | ) |  | $ | 4,802,335 |
Share based compensation |  |  | 1,029 |  |  |  | 0.10 |  |  |  | 11,237 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11,237 |
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (12,764 | ) |  |  | 1,263,876 |  |  |  | 1,251,111 |
Comprehensive loss - foreign currency translation |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 93,601 |  |  |  |  |  |  |  |  |  |  |  | 93,601 |
Balance June 30, 2021 |  |  | 5,199,185 |  |  | $ | 519.47 |  |  | $ | 191,722,577 |  |  | $ | (2,147,227 | ) |  | $ | (293,957 | ) |  | $ | (183,123,628 | ) |  | $ | 6,158,284 |
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 December 1, 2020, 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 219,500 shares resulting in the aggregate of 1,160,500 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 June 30, 2021 and December 31, 2020 was 208,664 and 210,500, respectively. The 2013 Plan is administered by the compensation committee. 2013 Equity Incentive Plan - Shares and Stock Options During the three months ended June 30, 2021 and 2020, we issued common stock pursuant to the 2013 Plan to the members of our Board of Directors and recorded a compensation charge of $11,237 and $7,500, respectively. During the six months ended June 30, 2021 and 2020, we issued common stock pursuant to the 2013 Plan to the members of our Board of Directors and recorded a compensation charge of approximately $22,494 and $15,000, respectively. At June 30, 2021 and December 31, 2020 we had 200,648 incentive stock options outstanding, with a weighted average exercise price of $10.73 at June 30, 2021 and December 31, 2020 and a weighted average remaining contract term of 6.58 years at June 30, 2021 and 7.07 years at December 31, 2020. All of the stock options were anti-dilutive at December 31, 2020.

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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 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 5: 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 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 15: 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 + Details
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