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) - 9 months ended Sep. 30, 2016 - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive (Loss)/Income [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 (4,772,596) (4,772,596)
Foreign currency translation adjustment 12,305 12,305
Restricted stock and RSUs vested $ 443 (443)
Restricted stock and RSUs vested, shares 443,668          
Common stock warrants issued 52,015 52,015
Stock-based compensation, net of cash settlements 704,695 704,695
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            
Purchase of common stock (546,145) (546,145)
Preferred stock dividends (549,945) (549,945)
Shares issued under customer loyalty program (1,180) 4,391 3,211
Balance at Sep. 30, 2016 $ 295 $ 10,789 $ 26,025,496 $ (13,920,103) $ (386,674) $ (663,785) $ 11,066,018
Balance, shares at Sep. 30, 2016 294,656 10,789,019