Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.22.1
Consolidated Statements of Shareholders' Equity - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Series C Preferred Stock [Member]
Preferred Stock [Member]
Series C Preferred Stock [Member]
Common Stock [Member]
Series D Preferred Stock [Member]
Preferred Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Series E Preferred Stock [Member]
Preferred Stock [Member]
Beginning Balance at Dec. 31, 2019 $ 3,226,493 $ 330 $ 41,823,048 $ (43,413,370) $ 0   $ 4,816,485   $ 0
Balance, shares at Dec. 31, 2019   3,300,015     1,268   5,775   0
Redemption of Series D Preferred Stock (3,140,154)   (1,295,294)       $ (1,844,860)    
Redemption of Series D Preferred Stock, shares             (2,212)    
Conversion of Series D Preferred Stock   $ 314 2,971,311       $ (2,971,625)    
Conversion of Series D Preferred Stock, shares   3,141,426         (3,563)    
Issuance of common stock upon Series C preferred conversion   $ 13 (13)            
Issuance of common stock upon Series C preferred conversion, shares   126,800     (1,268) 1,268   3,563  
Issuance of common stock upon conversion of convertible notes payable 2,906,134 $ 340 2,905,794            
Issuance of common stock upon conversion of convertible notes payable, shares   3,400,000              
Issuance of common stock and warrants, net of issuance costs 30,987,749 $ 2,930 30,984,819            
Issuance of common stock and warrants, net of issuance costs, shares   29,299,200              
Issuance of common stock upon exercise of warrants   $ 244 (244)            
Issuance of common stock upon exercise of warrants, shares   2,441,390              
Issuance of common stock for services 572,400 $ 36 572,364            
Issuance of common stock for services, shares   360,000              
Exchange of Series A and B Notes to preferred and common stock 1,716,789 $ 185 1,716,604            
Exchange of Series A and B Notes to preferred and common stock, shares   1,850,000              
Stock based compensation expense 425,264   425,264            
Net loss (17,348,622)     (17,348,622)          
Ending Balance at Dec. 31, 2020 19,346,053 $ 4,392 80,103,653 (60,761,992) $ 0   $ 0   $ 0
Ending Balance, shares at Dec. 31, 2020   43,918,831     0   0   0
Issuance of common stock and warrants, net of issuance costs 70,229,280 $ 7,982 70,221,298            
Issuance of common stock and warrants, net of issuance costs, shares   79,818,236              
Issuance of common stock upon conversion of warrants 5,412,540 $ 541 5,411,999            
Issuance of common stock upon conversion of warrants, shares   5,412,540              
Issuance of common stock for services 189,000 $ 15 188,985            
Issuance of common stock for services, shares   150,000              
Issuance of Series E Preferred Stock in connection with Exchange transaction, shares                 9
Stock based compensation expense 245,548   245,548            
Net loss (37,525,898)     (37,525,898)          
Ending Balance at Dec. 31, 2021 $ 57,896,523 $ 12,930 $ 156,171,483 $ (98,287,890) $ 0   $ 0   $ 0
Ending Balance, shares at Dec. 31, 2021   129,299,607     0   0   9