Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited)

v3.19.3
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Series A Preferred Stock
Series B Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning Balance, Shares at Dec. 31, 2017 185 52 133,695,111      
Beginning Balance, Amount at Dec. 31, 2017 $ 1,340,566 $ 362,059 $ 133,695 $ 127,421,402 $ (119,724,656) $ 9,533,066
Cumulative effect of a change in accounting principle related to ASC 606, net of tax at Mar. 31, 2018         (430,000) (430,000)
Shares issued directors, shares     294,808      
Shares issued to directors, value     $ 294 35,706   36,000
Stock-based compensation expense related to employee stock options       1,531   1,531
Net loss         (1,184,166) (1,184,166)
Ending Balance, Shares at Mar. 31, 2018 185 52 133,989,919      
Ending Balance, Amount at Mar. 31, 2018 $ 1,340,566 $ 362,059 $ 133,989 127,458,639 (121,338,822) 7,956,431
Beginning Balance, Shares at Dec. 31, 2017 185 52 133,695,111      
Beginning Balance, Amount at Dec. 31, 2017 $ 1,340,566 $ 362,059 $ 133,695 127,421,402 (119,724,656) 9,533,066
Net loss           (2,671,756)
Ending Balance, Shares at Sep. 30, 2018 185 52 134,536,907      
Ending Balance, Amount at Sep. 30, 2018 $ 1,340,566 $ 362,059 $ 134,536 127,533,151 (122,826,412) 6,543,900
Beginning Balance, Shares at Mar. 31, 2018 185 52 133,989,919      
Beginning Balance, Amount at Mar. 31, 2018 $ 1,340,566 $ 362,059 $ 133,989 127,458,639 (121,338,822) 7,956,431
Stock-based compensation expense related to employee stock options       1,530   1,530
Net loss         (206,582) (206,582)
Ending Balance, Shares at Jun. 30, 2018 185 52 133,989,919      
Ending Balance, Amount at Jun. 30, 2018 $ 1,340,566 $ 362,059 $ 133,989 127,460,169 (121,545,404) 7,751,379
Shares issued directors, shares     546,988      
Shares issued to directors, value     $ 547 71,453   72,000
Stock-based compensation expense related to employee stock options       1,529   1,529
Net loss         (1,281,008) (1,281,008)
Ending Balance, Shares at Sep. 30, 2018 185 52 134,536,907      
Ending Balance, Amount at Sep. 30, 2018 $ 1,340,566 $ 362,059 $ 134,536 127,533,151 (122,826,412) 6,543,900
Beginning Balance, Shares at Dec. 31, 2018 185 52 134,793,211      
Beginning Balance, Amount at Dec. 31, 2018 $ 1,340,566 $ 362,059 $ 134,792 127,570,709 (123,171,406) 6,236,720
Shares issued directors, shares     292,308      
Shares issued to directors, value     $ 294 35,708   36,002
Stock-based compensation expense related to employee stock options       1,815   1,815
Net loss         (845,604) (845,604)
Ending Balance, Shares at Mar. 31, 2019 185 52 135,085,519      
Ending Balance, Amount at Mar. 31, 2019 $ 1,340,566 $ 362,059 $ 135,086 127,608,232 (124,017,010) 5,428,933
Beginning Balance, Shares at Dec. 31, 2018 185 52 134,793,211      
Beginning Balance, Amount at Dec. 31, 2018 $ 1,340,566 $ 362,059 $ 134,792 127,570,709 (123,171,406) 6,236,720
Net loss           (2,118,048)
Ending Balance, Shares at Sep. 30, 2019 185 52 135,633,350      
Ending Balance, Amount at Sep. 30, 2019 $ 1,340,566 $ 362,059 $ 135,632 127,680,315 (125,289,454) 4,229,118
Beginning Balance, Shares at Mar. 31, 2019 185 52 135,085,519      
Beginning Balance, Amount at Mar. 31, 2019 $ 1,340,566 $ 362,059 $ 135,086 127,608,232 (124,017,010) 5,428,933
Shares issued directors, shares     246,432      
Shares issued to directors, value     $ 245 35,753   35,998
Stock-based compensation expense related to employee stock options       1,816   1,816
Net loss         (518,575) (518,575)
Ending Balance, Shares at Jun. 30, 2019 185 52 135,331,951      
Ending Balance, Amount at Jun. 30, 2019 $ 1,340,566 $ 362,059 $ 135,331 127,645,801 (124,535,585) 4,948,172
Shares issued directors, shares     301,399      
Shares issued to directors, value     $ 301 32,699   33,000
Stock-based compensation expense related to employee stock options       1,815   1,815
Net loss         (753,869) (753,869)
Ending Balance, Shares at Sep. 30, 2019 185 52 135,633,350      
Ending Balance, Amount at Sep. 30, 2019 $ 1,340,566 $ 362,059 $ 135,632 $ 127,680,315 $ (125,289,454) $ 4,229,118