Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS’ EQUITY

v3.8.0.1
STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings (AccumulatedDeficit) [Member]
Balance at Dec. 31, 2014 $ 142,542,530 $ 25,734 $ 140,532,323 $ 1,984,473
Balance (in shares) at Dec. 31, 2014   25,734,467    
Share-based compensation 2,566,716 $ 0 2,566,716 0
Options exercised (cashless exercise) 0 $ 17 (17) 0
Options exercised (cashless exercise) (in shares)   16,875    
Options exercised 134,800 $ 41 134,759 0
Options exercised (in shares)   40,000    
Common stock issued for cash, net 50,039,853 $ 4,600 50,035,253 0
Common stock issued for cash, net (in shares)   4,600,000    
Net income (loss) (9,052,771) $ 0 0 (9,052,771)
Balance at Dec. 31, 2015 186,231,128 $ 30,392 193,269,034 (7,068,298)
Balance (in shares) at Dec. 31, 2015   30,391,342    
Share-based compensation 2,267,053 $ 0 2,267,053 0
Options exercised (cashless exercise) 0 $ 0 0 0
Options exercised (cashless exercise) (in shares)   734    
Options exercised 112,500 $ 26 112,474 0
Options exercised (in shares)   25,600    
Common stock issued for cash, net 139,567,979 $ 18,695 139,549,284 0
Common stock issued for cash, net (in shares)   18,695,387    
Net income (loss) (37,637,687) $ 0 0 (37,637,687)
Balance at Dec. 31, 2016 290,540,973 $ 49,113 335,197,845 (44,705,985)
Balance (in shares) at Dec. 31, 2016   49,113,063    
Modified Retrospective adjustment 1,596,463     1,596,463
Share-based compensation 3,685,079 $ 0 3,685,079 0
Options exercised (cashless exercise) 0 $ 133 (133) 0
Options exercised (cashless exercise) (in shares)   133,308    
Options exercised 0 $ 0 0 0
Options exercised (in shares)   0    
Common stock issued for cash, net 59,026,956 $ 4,978 59,021,978 0
Common stock issued for cash, net (in shares)   4,977,658    
Net income (loss) 1,753,869 $ 0 0 1,753,869
Balance at Dec. 31, 2017 $ 356,603,340 $ 54,224 $ 397,904,769 $ (41,355,653)
Balance (in shares) at Dec. 31, 2017   54,224,029