Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v3.6.0.2
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
Total
Series A Preferred Stock
Common Stock
Additional Paid-in Capital
Stock Based Compensation
Accumulated Deficit
Beginning Balance at Dec. 31, 2014 $ (809,387) $ 14,994 $ 27,263,525 $ 6,002,586 $ (34,090,492)
Beginning Balance, shares at Dec. 31, 2014   14,994,514      
Issuance of common stock, and fulfillment of stock subscriptions receivable 4,392,603 $ 2,184 4,390,419
Issuance of common stock, and fulfillment of stock subscriptions receivable, shares   2,184,236      
Stock options and warrants exercised 133,686 $ 299 380,101 (246,714)
Stock options and warrants exercised, shares   298,371      
Conversion of account payable 1,524,298 $ 728 1,523,570
Conversion of account payable, shares   727,802      
Share based compensation 402,518   402,518
Net loss from operations (9,426,853) (9,426,853)
Ending Balance at Dec. 31, 2015 (3,783,135) $ 18,205 33,557,615 6,158,390 (43,517,345)
Ending Balance, shares at Dec. 31, 2015   18,204,923      
Issuance of common stock, and fulfillment of stock subscriptions receivable 11,375,282 $ 3,884 11,371,398
Issuance of common stock, and fulfillment of stock subscriptions receivable, shares   3,883,593      
Stock options and warrants exercised 14,961,143 $ 5,472 15,373,609 (417,938)
Stock options and warrants exercised, shares   5,472,166      
Conversion of account payable 20,000 $ 18 19,982
Conversion of account payable, shares   18,182      
Share based compensation 799,552 799,552
Net loss from operations (19,555,868) (19,555,868)
Ending Balance at Dec. 31, 2016 $ 3,816,974 $ 27,579 $ 60,322,604 $ 6,540,004 $ (63,073,213)
Ending Balance, shares at Dec. 31, 2016   27,578,864