Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.19.3
UNAUDITED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
CDI
Series C Preferred Stock
Series B Preferred Stock
Series A Preferred Stock
Common Stock
Common Stock
CDI
Additional Paid-in Capital
Additional Paid-in Capital
CDI
Noncontrolling Interest
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Balance at Dec. 31, 2017 $ 6,619,771   $ 1,604,101 $ 697,996 $ 114,430 $ 551   $ 3,484,428   $ 436,842   $ 281,423
Balance, Shares at Dec. 31, 2017     1,087,006 1,450,000 500,000 5,514,917            
Conversion of preferred stock to common stock upon initial public offering     $ (1,604,101) $ (697,996) $ (114,430) $ 304   2,416,223        
Conversion of preferred stock to common stock upon initial public offering, Shares     (1,087,006) (1,450,000) (500,000) 3,037,006            
Stock-based compensation 160,133             160,133        
Exercise of stock options 59,150         $ 33   59,117        
Exercise of stock options, Shares           327,287            
Taxes paid on net issuance of employee stock options (274,663)             (274,663)        
Relative fair value of warrants issued to Underwriters with IPO 669,408             669,408        
Proceeds from issuance of stock, net of issuance costs 16,132,240         $ 390   16,131,850        
Proceeds from issuance of stock, net of issuance costs, Shares           3,900,000            
Noncontrolling interest in consolidated subsidiary (Note 1) (229,581)                 (229,581)    
Net (loss) income (2,297,240)                     (2,297,240)
Balance at Jun. 30, 2018 20,839,218         $ 1,278   22,646,496   207,261   (2,015,817)
Balance, Shares at Jun. 30, 2018           12,779,210            
Balance at Dec. 31, 2017 6,619,771   $ 1,604,101 $ 697,996 $ 114,430 $ 551   3,484,428   436,842   281,423
Balance, Shares at Dec. 31, 2017     1,087,006 1,450,000 500,000 5,514,917            
Net (loss) income (1,015,950) $ (65,753)                    
Balance at Sep. 30, 2018 26,330,380         $ 1,407   26,995,705   67,795   (734,527)
Balance, Shares at Sep. 30, 2018           14,073,234            
Balance at Jun. 30, 2018 20,839,218         $ 1,278   22,646,496   207,261   (2,015,817)
Balance, Shares at Jun. 30, 2018           12,779,210            
Stock-based compensation 214,846             214,846        
Exercise of stock options 5,304         $ 2   5,302        
Exercise of stock options, Shares           27,660            
Taxes paid on net issuance of employee stock options (65,485)             (65,485)        
Shares issued in merger with CDI   4,194,673         $ 127   $ 4,194,546      
Shares issued in merger with CDI, Shares             1,266,364          
Noncontrolling interest in consolidated subsidiary (Note 1) (139,466)                 (139,466)    
Net (loss) income 1,281,290 (65,753)                   1,281,290
Balance at Sep. 30, 2018 26,330,380         $ 1,407   26,995,705   67,795   (734,527)
Balance, Shares at Sep. 30, 2018           14,073,234            
Balance at Dec. 31, 2018 26,572,322         $ 1,422   27,424,113   500 $ 1,142 (854,855)
Balance, Shares at Dec. 31, 2018           14,216,328            
Stock-based compensation 325,283             325,283        
Exercise of stock options, RSU's and Warrants 21,149         $ 28   21,121        
Exercise of stock options, RSU's and Warrants, Shares           281,319            
Relative fair value of warrants issued with notes payable and notes payable to related parties 60,158             60,158        
Taxes paid on net issuance of employee stock options (112,879)             (112,879)        
Currency translation adjustment 1,934                   1,934  
Net (loss) income (2,539,363)                     (2,539,363)
Balance at Jun. 30, 2019 24,328,604         $ 1,450   27,717,796   500 3,076 (3,394,218)
Balance, Shares at Jun. 30, 2019           14,497,647            
Balance at Dec. 31, 2018 26,572,322         $ 1,422   27,424,113   500 1,142 (854,855)
Balance, Shares at Dec. 31, 2018           14,216,328            
Exercise of stock options, RSU's and Warrants, Shares           330,300            
Currency translation adjustment (120,286)                      
Gain on forward contract 53,904                      
Net (loss) income (1,994,461) (2,785,858)                    
Balance at Sep. 30, 2019 27,447,056         $ 1,610   30,359,503   500 (65,240) (2,849,317)
Balance, Shares at Sep. 30, 2019           16,101,460            
Balance at Jun. 30, 2019 24,328,604         $ 1,450   27,717,796   500 3,076 (3,394,218)
Balance, Shares at Jun. 30, 2019           14,497,647            
Stock-based compensation 164,857             164,857        
Exercise of stock options, RSU's and Warrants 8,000         $ 5   7,995        
Exercise of stock options, RSU's and Warrants, Shares           48,981            
Taxes paid on net issuance of employee stock options (19,138)             (19,138)        
Proceeds from issuance of stock, net of issuance costs 2,488,148         $ 155   2,487,993        
Proceeds from issuance of stock, net of issuance costs, Shares           1,554,832            
Currency translation adjustment (122,220)                   (122,220)  
Gain on forward contract 53,904                   53,904  
Net (loss) income 544,901 $ (313,044)                   544,901
Balance at Sep. 30, 2019 $ 27,447,056         $ 1,610   $ 30,359,503   $ 500 $ (65,240) $ (2,849,317)
Balance, Shares at Sep. 30, 2019           16,101,460