Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.8.0.1
Consolidated Statements of Shareholders' Equity - 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, 2015 $ 232 $ 10,346 $ 24,549,889 $ (9,147,507) $ (398,979) $ (122,031) $ 14,891,950
Balance, shares at Dec. 31, 2015 231,616 10,345,351
Net loss $ (8,796,723) $ (8,796,723)
Foreign currency translation adjustment 22,889 22,889
Issuance of stock under the Amended and Restated Equity Incentive Plan $ 447 $ (447)
Issuance of stock under the Amended and Restated Equity Incentive Plan, shares 447,001
Common stock warrants issued $ 52,015 $ 52,015
Stock-based compensation, net of cash settlements 920,247 920,247
Issuance of preferred stock, net of fees and expenses $ 63 $ 1,270,465 $ 1,270,528
Issuance of preferred stock, net of fees and expenses, shares 63,040 5,104
Purchase of common stock $ (546,145) $ (546,145)
Preferred stock dividends (752,525) (752,525)
Shares issued under customer loyalty program (1,581) 6,176 4,595
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 (5,565,156) (5,565,156)
Foreign currency translation adjustment (344,980) (344,980)
Issuance of stock under the Amended and Restated Equity Incentive Plan $ 27 $ 267 $ (267) $ 27
Issuance of stock under the Amended and Restated Equity Incentive Plan, shares 26,750 266,663
Common stock warrants issued $ 390,479 $ 390,479
Stock-based compensation, net of cash settlements 2,036,741 2,036,741
Issuance of preferred stock, net of fees and expenses $ 765 16,392,267 16,393,032
Issuance of preferred stock, net of fees and expenses, shares 765,333          
Purchase of common stock            
Preferred stock dividends (2,030,295) (2,030,295)
Issuance of common stock, net of fees and expenses $ 1,000 1,971,065 1,972,065
Issuance of common stock, net of fees and expenses, shares 1,000,000          
Issuance of common stock held as contingent consideration $ 212 331,464 331,676
Issuance of common stock held as contingent consideration, shares 212,375          
Balance at Dec. 31, 2017 $ 1,087 $ 12,272 $ 45,129,517 $ (23,509,386) $ (721,070) $ (662,000) $ 20,250,420
Balance, shares at Dec. 31, 2017 1,086,739 12,271,390