Note 8 - Redeemable Convertible Preferred Stock |
6 Months Ended |
|---|---|
Jun. 30, 2019 | |
| Notes to Financial Statements | |
| Preferred Stock [Text Block] | Note 8. Redeemable Convertible Preferred Stock At December 31, 2018, Private Adynxx had2,034,548 1,833,387 2019, prior to the Merger, an additional 367,041 shares were issued upon conversion of convertible notes described in ‘Note 6 - Term Loans and Convertible Promissory Notes’.Upon the consummation of the Merger, all outstanding shares of Series A and Series B convertible preferred stock were cancelled and exchanged for shares of the Company’s common stock. Following the Merger, Private Adynxx survived as a wholly-owned subsidiary of new Adynxx, Inc. and adopted a new certificate of incorporation with no 1,000,000 shares of preferred stock authorized under its certificate of incorporation, as amended. |