Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Shareholders' Equity (Unaudited)

v3.5.0.2
Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 6 months ended Jun. 30, 2016 - 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 (3,277,891) (3,277,891)
Foreign currency translation adjustment 10,816 10,816
Restricted stock and RSUs vested $ 389 (389)  
Restricted stock and RSUs vested, shares 389,167          
Stock-based compensation, net of cash settlements 589,569 589,569
Purchase of common stock (546,145) (546,145)
Preferred stock dividends (318,472) (318,472)
Balance at Jun. 30, 2016 $ 232 $ 10,735 $ 24,820,597 $ (12,425,398) $ (388,163) $ (668,176) $ 11,349,827
Balance, shares at Jun. 30, 2016 231,616 10,734,518