Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Deficit

v3.7.0.1
Consolidated Statements of Stockholders' Deficit - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total
Balances at beginning at Dec. 31, 2014 $ 18,711 $ 77,158,293 $ (77,277,334) $ (100,330)
Balances at beginning (in shares) at Dec. 31, 2014 1,871,061      
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation   1,682,063   1,682,063
Issuances of common stock in payment of director fees $ 57 145,930   145,987
Issuances of common stock in payment of director fees (in shares) 5,744      
Private placement, net of offering costs of $552,283 and $140,749 for December 2015 and September 2016 respectively $ 4,077 4,736,310   4,740,387
Private placement, net of offering costs of $552,283 and $140,749 for December 2015 and September 2016 respectively (in shares) 407,732      
Net loss for the year     (8,449,246) (8,449,246)
Balances at end at Dec. 31, 2015 $ 22,845 83,722,596 (85,726,580) (1,981,139)
Balances at end (in shares) at Dec. 31, 2015 2,284,537      
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation   959,585   959,585
Issuances of common stock in payment of employee bonuses $ 68 103,349   103,417
Issuances of common stock in payment of employee bonuses (in shares) 6,804      
Issuances of common stock in payment of director fees $ 223 123,875   124,098
Issuances of common stock in payment of director fees (in shares) 22,313      
Issuances of common stock in payment of expenses $ 44 62,686   62,730
Issuances of common stock in payment of expenses (in shares) 4,375      
Issuances of common stock in connection with debt restructuring $ 993 1,347,727   1,348,720
Issuances of common stock in connection with debt restructuring (in shares) 99,310      
Creation of derivative liabilities in connection with note and warrant restructuring     (72,289) (72,289)
Cash paid in lieu of issuing fractional shares in reverse split of common stock $ (5) (4,755)   (4,760)
Cash paid in lieu of issuing fractional shares in reverse split of common stock (in shares) (552)      
Private placement, net of offering costs of $552,283 and $140,749 for December 2015 and September 2016 respectively $ 12,010 5,635,350   5,647,360
Private placement, net of offering costs of $552,283 and $140,749 for December 2015 and September 2016 respectively (in shares) 1,201,000      
Transfer of fair value of derivative liabilities upon conversion of related debt in connection with private placement   1,088,432   1,088,432
Warrant exercise $ 42 37,630   37,672
Warrant exercise (in shares) 4,245      
Net loss for the year     (8,069,895) (8,069,895)
Balances at end at Dec. 31, 2016 $ 36,220 $ 93,076,475 $ (93,868,764) $ (756,069)
Balances at end (in shares) at Dec. 31, 2016 3,622,032