Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.19.1
Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2018
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 December 31, 2018 are:
 
Before 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, 2017
 
 
2,239,574
  
 
$
2.54
  
 
 
725,000
  
 
$
3.15
  
Granted
 
 
3,316,856
  
 
 
0.37
  
 
 
2,421,072
  
 
 
0.31
  
Exercised
 
 
(1,056,750
)
 
 
0.29
  
 
 
(80,645
)
 
 
0.31
  
Cancelled/Forfeited
 
 
-
  
 
 
-
  
 
 
(500,000
)
 
 
3.93
  
Balance at December 31, 2018
 
 
4,499,680
  
 
$
1.47
  
 
 
2,565,427
  
 
$
0.41
  
Exercisable at
December 31
, 2018
 
 
4,499,680
  
 
$
1.47
  
 
 
2,544,594
  
 
$
0.42
  
 
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, 2017     117,872     $ 48.23       38,158     $ 59.87  
Granted     174,571       6.95       127,425       5.87  
Exercised     (55,618 )     5.51       (4,244 )     5.89  
Cancelled/Forfeited     -       -       (26,316 )     67.98  
Balance at December 31, 2018     236,825     $ 27.84       135,023     $ 7.70  
Exercisable at December 31, 2018     236,825     $ 27.84       133,926     $ 7.90  
Income (Loss) from Discontinued Operations [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock-based compensation expense for discontinued operations for the year ended December 31, 2018 and 2017 is as follows:
 
 
 
 
Year Ended 
December 31,
 
 
 
2018
 
 
2017
 
Net loss from discontinued operations, net of tax
 
$
397,617
  
 
$
427,155
  
General and Administrative Expense [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock-based compensation expense for the years ended December 31, 2018 and 2017 is as follows:
 
 
 
Year Ended 
December 31,
 
 
 
2018
 
 
2017
 
General and administrative expense
 
$
738,503
  
 
$
516,843
  
Employee Stock Option [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock-based compensation expense categorized by the equity components for the year ended December 31, 2018 and 2017 is as follows:
 
 
 
Year Ended 
December 31,
 
 
 
2018
 
 
2017
 
Stock option awards
 
$
612,410
  
 
$
626,097
  
Warrants
 
 
82,080
  
 
 
169,401
  
Common stock
 
 
441,630
  
 
 
148,500
  
 
 
$
1,136,120
  
 
$
943,998