Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Stockholders' Equity (Unaudited)

v3.7.0.1
Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 3 months ended Mar. 31, 2017 - USD ($)
Preferred Stock
Common Stock
Capital in Excess of Par Value
Accumulated Deficit
Total
Beginning Balance, Shares at Dec. 31, 2016 17,299 20,642,028      
Beginning Balance, Amount at Dec. 31, 2016 $ 174 $ 206,422 $ 192,233,032 $ (183,249,560) $ 9,190,068
Net loss       (3,481,948) (3,481,948)
Conversion of preferred stock into common stock, Shares (2,958) 986,665      
Conversion of preferred stock into common stock, Amount $ (31) $ 9,866 (9,835)   0
Dividends on preferred stock, Shares   106,876      
Dividends on preferred stock, Amount   $ 1,069 (1,069)   $ 0
Proceeds from the exercise of common stock purchase warrants, Shares   561,834     0
Proceeds from the exercise of common stock purchase warrants, Amount   $ 5,617 775,334   $ 780,951
Issuance of common stock for services rendered, Shares   115,000      
Issuance of common stock for services rendered, Amount   $ 1,150 163,300   164,450
Reclassification of derivative liability     12,774   12,774
Stock based compensation associated with stock incentive plans     224,647   224,647
Ending Balance, Shares at Mar. 31, 2017 14,341 22,412,403      
Ending Balance, Amount at Mar. 31, 2017 $ 143 $ 224,124 $ 193,398,183 $ (186,731,508) $ 6,890,942