Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

v3.20.4
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2018 $ 1,682 $ 17,495,098 $ (32,381,535) $ (14,884,755)
Balance (in Shares) at Dec. 31, 2018 16,821,292      
Stock-based compensation 938,052 938,052
Shares issued in private placement, net of costs $ 96 6,109,626 6,109,722
Shares issued in private placement, net of costs (in Shares) 961,942      
Shares issued in exchange for debt $ 194 14,496,677 14,496,871
Shares issued in exchange for debt (in Shares) 1,932,920      
Shares issued for extension of debt $ 4 299,996 300,000
Shares issued for extension of debt (in Shares) 40,000      
Net loss (19,390,132) (19,390,132)
Balance at Dec. 31, 2019 $ 1,976 39,339,449 (51,771,667) (12,430,242)
Balance (in Shares) at Dec. 31, 2019 19,756,154      
Stock-based compensation 4,676,362 4,676,362
Issuance of Series A in connection with private placement, net of costs $ 222 4,217,748 4,217,970
Issuance of Series A in connection with private placement, net of costs (in Shares) 2,217,500      
Issuance of Series A in connection exchange for debt $ 13 265,766 265,779
Issuance of Series A in connection exchange for debt (in Shares) 132,890      
Recognition of derivative for Series A (32,906) (32,906)
Reclassification of derivative 70,513 70,513
Mandatory conversion of Series A $ (235) $ 99 136
Mandatory conversion of Series A (in Shares) (2,350,390) 994,452      
Issuance in connection with extension of debt $ 4 389,996 390,000
Issuance in connection with extension of debt (in Shares) 40,000      
Shares issued in private placement, net of costs   $ 575 31,253,422 31,253,997
Shares issued in private placement, net of costs (in Shares)   5,750,163      
Forgiveness of accrued officers’ salary 150,002 150,002
Net loss (13,477,880) (13,477,880)
Balance at Dec. 31, 2020 $ 2,654 $ 80,330,488 $ (65,249,547) $ 15,083,595
Balance (in Shares) at Dec. 31, 2020 26,540,769