Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.19.1
Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2019
Share-based Compensation, Stock Options, Activity [Table Text Block]
The number of shares of the Company’s common stock that are issuable pursuant to warrant and stock option grants with time-based vesting as of March 31, 2019 are:
 
Reflective of one-for-nineteen reverse stock split
 
 
 
Warrant Grants
 
 
Stock Option Grants
 
 
 
Number of
Shares
Subject to
Warrants
 
 
Weighted-Average
Exercise Price Per
Share
 
 
Number of
Shares
Subject
to Options
 
 
Weighted-Average
Exercise Price
Per Share
 
Balance at December 31, 2018
 
 
236,825
 
 
$
27.84
 
 
 
135,023
 
 
$
7.70
 
Granted
 
 
34,395
 
 
 
-
 
 
 
53,572
 
 
 
5.49
 
Exercised
 
 
(61,023
 )
 
 
5.51
 
 
 
-
  
 
 
-
 
Cancelled/Forfeited
 
 
-
 
 
 
-
 
 
 
-
  
 
 
-
 
Balance at March 31, 2019
 
 
210,197
 
 
$
2.33
 
 
 
188,595
 
 
$
2.22
 
Exercisable at March 31, 2019
 
 
210,197
 
 
$
2.33
 
 
 
188,595
 
 
$
2.22
 
Employee Stock Option [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock-based compensation expense categorized by the equity components for the three months ended March 31, 2019 and 2018 is as follows:
 
 
 
Three Months
Ended March 31,
 
 
 
2019
 
 
2018
 
Stock option awards
 
$
49,018
 
 
$
-
 
Warrants
 
 
-
 
 
 
-
 
Common stock
 
 
257,885
 
 
 
-
 
Transfer of common stock by founders to contractors
 
 
5,322,930
 
 
 
-
 
 
 
$
5,629,833
 
 
$
-
 
General and Administrative Expense [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock-based compensation expense for the three months ended March 31, 2019 and 2018 is as follows:
 
 
 
Three Months
Ended March 31,
 
 
 
2019
 
 
2018
 
Stock-based compensation expense
 
$
5,629,833
 
 
$
-