Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v3.8.0.1
Consolidated Statements of Stockholders' Equity - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Paid in Capital [Member]
Subscription Receivable [Member]
Shares to be Issued [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2015 [1] $ 24,000 $ 3,055,000 $ (205,000) $ (12,816,000) $ (9,942,000)
Balance, shares at Dec. 31, 2015 [1] 2,357,113 93,245          
Stock Incentive to Investors $ 3,000   962,000 (930,000)   35,000
Stock Incentive to Investors, shares 285,644            
Common Shares Issued to Employees     2,589,000 (2,569,000)   20,000
Common Shares Issued to Settle Debt     1,798,000   1,798,000
Common Shares Issued to Consultant     446,000   446,000
Common Shares issued for Equity Raise     2,628,000   2,628,000
Series F adjustment to transfer agent records    
Series F adjustment to transfer agent records, shares 48,270            
Series F issued to directors and employees for compensation     150,000   152,000
Conversion of Series D to Common Stock $ (18,000)   16,000  
Conversion of Series D to Common Stock, shares (1,830,759)            
Conversion of Series F to Common Stock $ (11,000)   10,000  
Conversion of Series F to Common Stock, shares (1,090,514)            
Repayment of Subscription Receivable     875,000   875,000
Accrued Dividends - Preferred Stock     (79,000)   (79,000)
Common shares issued to settle legal matter             146,000
Net Loss       (6,235,000)
Balance at Dec. 31, 2016 $ 3,000 11,575,000 (2,829,000) (19,050,000) (10,301,000)
Balance, shares at Dec. 31, 2016 795 3,120,795          
Balance at Dec. 31, 2016 $ 3,000 11,575,000 (2,829,000) (19,050,000) (10,301,000)
Balance, shares at Dec. 31, 2016 795 3,120,795          
Common Shares Issued to Employees 3,862,000 (3,044,000) $ 818,000
Common Shares Issued to Employees, shares 167,206        
Common Shares Issued to Settle Debt $ 1,000 3,551,000 $ 3,552,000
Common Shares Issued to Settle Debt, shares 371,234        
Common Shares Issued to Consultant 1,682,000 $ 1,682,000
Common Shares Issued to Consultant, shares 119,525        
Common Shares issued for Equity Raise $ 3,552,000         $ 27,000
Common Shares issued for Equity Raise, shares 371,234        
Accrued Dividends - Preferred Stock   (80,000) $ (80,000)
Adjustment adoption of ASU 2017-11 (1) [2] 775,000 775,000
Common Shares sold to investors 2,702,000 625,000 26,000
Common Shares sold to investors, shares 221,511          
Common Shares Issued to Board fee 75,000 75,000
Common Shares Issued to Board fee, shares 6,800          
Common Shares Issued to Senior Lender 5,649,000 $ 5,649,000
Common Shares Issued to Senior Lender, shares 256,801        
Common shares issued to settle legal matter 125,000  
Common shares issued to settle legal matter, shares 9,181          
Common Shares Issued to Benchmark sellers $ 1,000 21,657,000 $ 21,658,000
Common Shares Issued to Benchmark sellers, shares 1,069,538        
Common shares issue to investor relations firm 183,000 $ 183,000
Common shares issue to investor relations firm, shares 10,951        
Reclassification from Temporary Equity $ 1,000 437,000 $ 438,000
Reclassification from Temporary Equity, shares 444,275        
Share- based compensation 108,000 1,573,000 $ 1,681,000
Shares to be issued (2,511,000) 625,000 865,000
Warrants issued in connection with additional borrowings senior debt, net of debt issuance costs 366,000 366,000
Net Loss (20,029,000) (20,029,000)
Balance at Dec. 31, 2017 $ 6,000 $ 49,381,000 $ (3,675,000) $ 625,000 $ (38,304,000) $ 8,033,000
Balance, shares at Dec. 31, 2017 795 5,798,281          
[1] Includes adjustment for the transfer agent shares effected for the 1 for 25 reverse split on November 11, 2017.
[2] The Company elected to adopt Accounting Standard Update 2017-11 retrospectively to outstanding financial instruments with down round features by means of a cumulative-effect adjustment to the Company’s beginning accumulated deficit of $775 as of January1, 2017