Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v3.8.0.1
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2014 4,519 150,200,259          
Balance at Dec. 31, 2014 $ 4 $ 150,200 $ 323,030,301 $ (352,983,971) $ 1 $ (29,803,466)
Issued stock upon exercise of stock options, net (in shares) 124,238         146,625
Issued stock upon exercise of stock options, net $ 124 54,206 $ 54,330
Issued restricted stock (in shares) 354,000          
Issued restricted stock $ 354 354
Canceled forfeited restricted stock (in shares) (158,000)          
Canceled forfeited restricted stock $ (158) 158
Canceled stock to pay employee tax obligations (in shares) (7,645)          
Canceled stock to pay employee tax obligations $ (7) (12,607) (12,614)
Issued stock in payment of Board retainers (in shares) 90,977          
Issued stock in payment of Board retainers $ 91 172,878 $ 172,969
Issued stock to 401(k) plan (in shares) 68,157         68,157
Issued stock to 401(k) plan $ 68 117,031 $ 117,099
Exchanged Series B Preferred Stock for warrants (in shares) (4,519)          
Exchanged Series B Preferred Stock for warrants $ (4) 4
Extension of warrant expiration date 149,615 149,615
Issued warrants in connection with advisory services agreement 256,450 256,450
Issued stock upon exercise of warrants (in shares) 4,977,679          
Issued stock upon exercise of warrants $ 4,978 (4,978)
Stock compensation expense 2,368,685 2,368,685
Net income (loss) (27,562,680) (855) (27,563,535)
Issuance of MT Preferred Stock, net of deemed dividend (46,000) 470,413 424,413
Balance (in shares) at Dec. 31, 2015 155,649,665          
Balance at Dec. 31, 2015 $ 155,650 326,085,743 (380,546,651) 469,558 (53,835,700)
Issued stock in payment of Board retainers (in shares) 90,977          
Issued stock upon exercise of warrants $ 4,978 (4,978)
Unrealized loss on available-for-sale securities            
Total comprehensive income             $ (27,563,535)
Issued stock upon exercise of stock options, net (in shares) 50,000         50,000
Issued stock upon exercise of stock options, net $ 50 13,450 $ 13,500
Issued restricted stock (in shares) 168,000          
Issued restricted stock $ 168 168
Canceled forfeited restricted stock (in shares) (256,000)          
Canceled forfeited restricted stock $ (256) 228 (28)
Issued stock in payment of Board retainers (in shares) 84,062          
Issued stock in payment of Board retainers $ 84 66,455 $ 66,539
Issued stock to 401(k) plan (in shares) 67,002         67,002
Issued stock to 401(k) plan $ 67 120,733 $ 120,800
Stock compensation expense 277,539 277,539
Net income (loss) (14,308,383) (648) (14,309,031)
Balance (in shares) at Dec. 31, 2016 155,762,729          
Balance at Dec. 31, 2016 $ 155,763 326,564,148 (394,855,034) 468,910 (67,666,213)
Issued stock in payment of Board retainers (in shares) 84,062          
Unrealized loss on available-for-sale securities            
Total comprehensive income             $ (14,309,031)
Issued stock upon exercise of stock options, net (in shares) 50,000         50,000
Issued stock upon exercise of stock options, net $ 50 18,050 $ 18,100
Issued restricted stock (in shares) 200,000          
Issued restricted stock $ 200 200
Canceled forfeited restricted stock (in shares) (50,000)          
Canceled forfeited restricted stock $ (50) 50
Issued stock in payment of Board retainers (in shares) 16,406          
Issued stock in payment of Board retainers $ 17 10,483 $ 10,500
Issued stock to 401(k) plan (in shares) 105,308         105,308
Issued stock to 401(k) plan $ 105 53,602 $ 53,707
Issued stock upon exercise of warrants 5,412 48,707 54,119
Stock compensation expense 394,209 394,209
Net income (loss) 74,946,066 (210) 74,945,856
Balance (in shares) at Dec. 31, 2017 162,206,646          
Balance at Dec. 31, 2017 $ 162,207 331,128,787 (319,908,968) (2,396) 668,700 12,048,330
Issued stock in payment of Board retainers (in shares) 16,406          
Issued stock in payment of employee bonuses (in shares) 710,353          
Issued stock in payment of employee bonuses $ 710 368,632 369,342
Issued stock upon exercise of warrants (in shares) 5,411,850          
Issued stock upon exercise of warrants $ 5,412 48,707 54,119
Issued warrants in connection with Asset Sale 3,337,187 3,337,187
Issued warrants for extension of license agreement 333,719 333,719
Unrealized loss on available-for-sale securities (2,396) (2,396)
Total comprehensive income 74,943,460
Reclassification of funds invested (Note 10) $ 200,000 $ 200,000