Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes In Stockholders??? Equity (Unaudited)

v3.20.2
Condensed Consolidated Statement of Changes In Stockholders’ Equity (Unaudited) - USD ($)
Preferred Stock
Common stock
Additional paid-in capital
Accumulated deficit
Total
Balances at Dec. 31, 2018   $ 5,838 $ 1,244,273 $ (1,481,973) $ (231,862)
Balances (in Shares) at Dec. 31, 2018   5,838,149      
Surrender of common stock in settlement of due from stockholder balance   $ (575) (1,608,258)   (1,608,833)
Surrender of common stock in settlement of due from stockholder balance (in Shares)   (574,991)      
Series A Convertible Preferred Stock issuance (Alliance MMA) $ 619   5,980,326   5,980,945
Series A Convertible Preferred Stock issuance (Alliance MMA) (in Shares) 619,138        
Issuance of common stock   $ 1,283 5,883,078   5,884,361
Issuance of common stock (in Shares)   1,283,124      
Series A Preferred Stock issuance $ 8   74,992   75,000
Series A Preferred Stock issuance (in Shares) 7,500        
Conversion of notes payable - related party into Series A Convertible Preferred Stock $ 190   1,899,810   1,900,000
Conversion of notes payable - related party into Series A Convertible Preferred Stock (in Shares) 190,000        
Exercise of warrants   $ 10 61,013   61,023
Exercise of warrants (in Shares)   9,891      
Issuance of warrants in settlement of lease dispute     66,275   66,275
Shares issued in cashless exercise of warrants   $ 4 (4)    
Shares issued in cashless exercise of warrants (in Shares)   3,732      
Stock-based compensation related to founder’s transfers of common stock to contractors     5,322,930   5,322,930
Stock-based compensation related to employee and contractor equity awards   $ 3 306,900   306,903
Stock-based compensation related to employee and contractor equity awards (in Shares)   3,290      
Stock and warrant dividend     (1,705,722)   (1,705,722)
Net loss       (5,714,709) (5,714,709)
Ending balance at Mar. 31, 2019 $ 817 $ 6,563 17,525,613 (7,196,682) 10,336,311
Ending balance (in Shares) at Mar. 31, 2019 816,638 6,563,195      
Balances at Dec. 31, 2019 $ 579 $ 7,391 19,712,115 (12,794,473) 6,925,612
Balances (in Shares) at Dec. 31, 2019 578,567 7,390,261      
Conversion of Series A preferred stock into common stock $ (68) $ 178 (110)    
Conversion of Series A preferred stock into common stock (in Shares) (67,500) 177,633      
Shares issued to a current and former employee   $ 67 367,533   367,600
Shares issued to a current and former employee (in Shares)   66,667      
Net loss       (1,149,651) (1,149,651)
Ending balance at Mar. 31, 2020 $ 511 $ 7,636 $ 20,079,538 $ (13,944,124) $ 6,143,561
Ending balance (in Shares) at Mar. 31, 2020 511,067 7,634,561