Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Shareholders' Equity (Unaudited)

v3.7.0.1
Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 3 months ended Mar. 31, 2017 - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury (Common) Stock [Member]
Total
Balance at Dec. 31, 2016 $ 295 $ 10,793 $ 26,038,063 $ (17,944,230) $ (376,090) $ (662,000) $ 7,066,831
Balance, shares at Dec. 31, 2016 294,656 10,792,352          
Net loss (2,707,945) (2,707,945)
Foreign currency translation adjustment   (42,662)   (42,662)
Restricted stock and share units vested $ 123 (123)
Restricted stock and share units vested, shares 123,333          
Stock-based compensation, net of cash settlements 118,788 118,788
Preferred stock dividends (202,579) (202,579)
Balance at Mar. 31, 2017 $ 295 $ 10,916 $ 25,954,149 $ (20,652,175) $ (418,752) $ (662,000) $ 4,232,433
Balance, shares at Mar. 31, 2017 294,656 10,915,685