Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.19.2
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2019 and for the six months ended 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
 
 
1,112,220
 
 
$
5.67
 
 
 
53,572
 
 
 
6.49
 
Exercised
 
 
(11,075
)
 
 
5.51
 
 
 
-
 
 
 
-
 
Cancelled/Forfeited
 
 
(26,054
)
 
 
5.51
 
 
 
-
 
 
 
-
 
Balance at June 30, 2019
 
 
1,311,916
 
 
$
9.88
 
 
 
188,595
 
 
$
7.35
 
Exercisable at June 30, 2019
 
 
1,311,916
 
 
$
9.88
 
 
 
188,595
 
 
$
7.35
 
Employee Stock Option [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock-based compensation expense categorized by the equity components is as follows:
 
 
 
Three Months
 
Ended June 30,
 
 
Six
Months

Ended June 30,
 
 
 
 
2019
 
 
 
2018
 
 
2019
 
 
2018
 
Stock option awards
 
$
 73,528
 
 
$
 -
 
 
$
122,547
 
 
$
-
 
Common stock
 
 
 147,012
 
 
 
 -
 
 
 
404,896
 
 
 
-
 
Transfer of common stock by founders to contractors
 
 
 -
 
 
 
 -
 
 
 
5,322,930
 
 
 
-
 
 
 
$
 220,540
 
 
$
 -
 
 
$
5,850,373
 
 
$
-
 
General and Administrative Expense [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock-based compensation expense is as follows:
 
 
 
Three Months
 
Ended June 30,
 
 
Six Months

Ended June 30,
 
 
 
 
2019
 
 
 
2018
 
 
2019
 
 
2018
 
Stock-based compensation expense
 
$
220,540
 
 
$
 -
 
 
$
5,850,373
 
 
$
-