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Changes in Stockholders' Deficit (Tables)
6 Months Ended
Jun. 30, 2021
Stockholders' deficit:  
Statement of Stockholders' Deficit

 

 

Common Stock

 

 

Additional Paid in

 

 

Accumulated

 

 

 

 

 

Shares

 

 

Amount

 

 

 

Capital Deficit

Total

 

Balance January 1, 2021

 

 

37,703,476

 

 

$377,000

 

 

$21,717,000

 

 

$(23,350,000)

 

$(1,256,000)

Shares issued to Lincoln Park for balance of Initial Purchase under the 2020 Lincoln Park Equity Line

 

 

500,000

 

 

 

5,000

 

 

 

120,000

 

 

 

 

 

 

 

125,000

 

Shares issued to Lincoln Park for purchases under the 2020 Lincoln Park Equity Line

 

 

4,400,000

 

 

 

44,000

 

 

 

395,000

 

 

 

 

 

 

 

439,000

 

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

801,000

 

 

 

801,000

 

Balance – June 30, 2021

 

 

42,603,476

 

 

$426,000

 

 

$22,232,000

 

 

$24,151,000

 

 

$1,493,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance – January 1, 2020

 

 

32,680,984

 

 

$327,000

 

 

$21,437,000

 

 

 

(22,554,000)

 

$(790,000)

Shares issued in connection with private placement*

 

 

2,842,856

 

 

 

28,000

 

 

 

171,000

 

 

 

 

 

 

 

199,000

 

Shares issued to Cherokee in connection with loan

 

 

300,000

 

 

 

3,000

 

 

 

18,000

 

 

 

 

 

 

 

21,000

 

Share based payment expense

 

 

 

 

 

 

 

 

 

 

2,000

 

 

 

 

 

 

 

2,000

 

Shares issued for board meeting attendance in lieu of cash

 

 

129,636

 

 

 

1,000

 

 

 

30,000

 

 

 

 

 

 

 

31,000

 

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(346,000)

 

 

(346,000)

Balance – June 30, 2020

 

 

35,953,476

 

 

$359,000

 

 

$21,658,000

 

 

$(22,900,000)

 

$(883,000)