Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.19.1
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, 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 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          
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          
Preferred stock dividends (2,030,295) (2,030,295)
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          
Balance at Dec. 29, 2017 $ 1,087 $ 12,272 45,129,517 (23,509,386) (721,070) (662,000) 20,250,420
Balance, shares at Dec. 29, 2017 1,086,739 12,271,390          
Cumulative effect of adopting ASC 606 1,444,121 1,444,121
Balance at Jan. 02, 2018 $ 1,087 $ 12,272 45,129,517 (22,065,265) (721,070) (662,000) 21,694,541
Balance, shares at Jan. 02, 2018 1,086,739 12,271,390          
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          
Net loss             (2,138,480)
Balance at Dec. 31, 2018 $ 2,136 $ 12,571 65,142,460 (24,203,745) (1,421,068) (662,000) 38,870,354
Balance, shares at Dec. 31, 2018 2,136,289 12,570,557          
Balance at Jan. 02, 2018 $ 1,087 $ 12,272 45,129,517 (22,065,265) (721,070) (662,000) 21,694,541
Balance, shares at Jan. 02, 2018 1,086,739 12,271,390          
Net loss (2,138,480) (2,138,480)
Foreign currency translation adjustment (699,998) (699,998)
Issuance of stock under the Amended and Restated Equity Incentive Plan $ 29 $ 299 (328)
Issuance of stock under the Amended and Restated Equity Incentive Plan, shares 29,550 299,167          
Common stock warrants issued 101,989 101,989
Stock-based compensation, net of cash settlements 2,264,223 2,264,223
Issuance of preferred stock, net of fees and expenses $ 1,020 22,816,546 22,817,566
Issuance of preferred stock, net of fees and expenses, shares 1,020,000          
Preferred stock dividends (4,823,987) (4,823,987)
Tax withholding obligations on stock issued to employees (345,500) (345,500)
Balance at Dec. 31, 2018 $ 2,136 $ 12,571 $ 65,142,460 $ (24,203,745) $ (1,421,068) $ (662,000) $ 38,870,354
Balance, shares at Dec. 31, 2018 2,136,289 12,570,557