Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Shareholders' Equity

v3.7.0.1
Consolidated Statement of Shareholders' Equity - 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, 2014 $ 9,712 $ 18,979,976 $ (4,460,129) $ (208,962) $ 14,320,597
Balance, shares at Dec. 31, 2014 9,711,604          
Net loss       (4,687,378)     (4,687,378)
Foreign currency translation adjustment (190,017) (190,017)
Forfeiture of shares issued to acquired businesses $ (54) (132,826) (132,880)
Forfeiture of shares issued to acquired businesses, shares (53,797)          
Settlement of contingent shares $ 567 673,918 674,485
Settlement of contingent shares, shares 566,794          
Restricted share units vested $ 121 (121)
Restricted share units vested, shares 120,750          
Common stock warrants issued     104,000       104,000
Stock-based compensation, net of cash settlements     452,985       452,985
Issuance of preferred stock, net of fees and expenses $ 232 4,678,964 4,679,196
Issuance of preferred stock, net of fees and expenses, shares 231,616            
Purchase of common stock           (122,031) (122,031)
Preferred stock dividends     (207,007)       (207,007)
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
Restricted share units vested $ 447 (447)
Restricted share units vested, 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            
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