Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Deficit

v3.22.1
Consolidated Statements of Changes in Stockholders' Deficit - USD ($)
Total
Common Stock
Additional Paid in Capital
Accumulated Other Comprehensive Income
Accumulated (Deficit) Earnings
Beginning balance, amount at Dec. 31, 2019 $ (27,632,622) $ 18,018 $ 5,795,636   $ (33,446,276)
Beginning balance, shares at Dec. 31, 2019   18,017,944      
Shares issued in connection with PGP asset acquisition 3,989,528 $ 3,141 3,986,387    
Shares issued in connection with PGP asset acquisition, shares   3,141,361      
Net income (loss) (2,208,887)       (2,208,887)
Foreign currency translation 37,691     $ 37,691  
Stock options exercised 279,334 $ 559 278,775    
Stock options exercised, share   558,000      
Share-based compensation 737,991 $ 253 737,738    
Share based compensation, share   253,333      
Ending balance, amount at Dec. 31, 2020 (24,796,965) $ 21,971 10,798,536 37,691 (35,655,163)
Ending balance, shares at Dec. 31, 2020   21,970,638      
Warrants issued in connection with Fortress credit agreement 3,149,002   3,149,002    
Net income (loss) 2,111,812       2,111,812
Foreign currency translation (184,884)     (184,884)  
Stock options exercised 902,157 $ 1,095 901,062    
Stock options exercised, share   1,094,998      
Share-based compensation 1,532,455 $ 458 1,531,997    
Share based compensation, share   458,333      
Ending balance, amount at Dec. 31, 2021 $ (17,286,423) $ 23,524 $ 16,380,597 $ (147,193) $ (33,543,351)
Ending balance, shares at Dec. 31, 2021   23,523,969