Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT

v3.20.2
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated deficit
Total
Beginning balance at Dec. 31, 2018     $ 2,287,312 $ (2,055,270) $ 232,042
Beginning balance (in shares) at Dec. 31, 2018 9,440,061        
Changes in Stockholders' deficit          
Issuance of common stock     576,000   576,000
Issuance of common stock (in shares) 122,255        
Share-based compensation     910,092   910,092
Share-based compensation (in shares) 193,081        
Net income (loss)       (1,469,243) (1,469,243)
Ending balance at Mar. 31, 2019     3,773,404 (3,524,513) 248,891
Ending balance (in shares) at Mar. 31, 2019 9,755,397        
Beginning balance at Dec. 31, 2018     2,287,312 (2,055,270) 232,042
Beginning balance (in shares) at Dec. 31, 2018 9,440,061        
Changes in Stockholders' deficit          
Net income (loss)         (2,508,001)
Ending balance at Jun. 30, 2019     4,418,436 (4,563,271) (144,835)
Ending balance (in shares) at Jun. 30, 2019 9,888,462        
Beginning balance at Dec. 31, 2018     2,287,312 (2,055,270) 232,042
Beginning balance (in shares) at Dec. 31, 2018 9,440,061        
Changes in Stockholders' deficit          
Net income (loss)         4,100,000
Ending balance at Dec. 31, 2019     4,988,382 (6,147,567) (1,159,185)
Ending balance (in shares) at Dec. 31, 2019 10,211,658        
Beginning balance at Mar. 31, 2019     3,773,404 (3,524,513) 248,891
Beginning balance (in shares) at Mar. 31, 2019 9,755,397        
Changes in Stockholders' deficit          
Share-based compensation     645,032   645,032
Share-based compensation (in shares) 133,065        
Net income (loss)       (1,038,758) (1,038,758)
Ending balance at Jun. 30, 2019     4,418,436 (4,563,271) (144,835)
Ending balance (in shares) at Jun. 30, 2019 9,888,462        
Beginning balance at Dec. 31, 2019     4,988,382 (6,147,567) (1,159,185)
Beginning balance (in shares) at Dec. 31, 2019 10,211,658        
Changes in Stockholders' deficit          
Issuance of common stock     83,014   83,014
Issuance of common stock (in shares) 15,726        
Share-based compensation     124,721   124,721
Share-based compensation (in shares) (4,216)        
Net income (loss)       (42,771) (42,771)
Ending balance at Mar. 31, 2020     5,196,117 (6,190,338) (994,221)
Ending balance (in shares) at Mar. 31, 2020 10,223,168        
Beginning balance at Dec. 31, 2019     4,988,382 (6,147,567) $ (1,159,185)
Beginning balance (in shares) at Dec. 31, 2019 10,211,658        
Changes in Stockholders' deficit          
Issuance of common stock (in shares)         15,726
Purchase of treasury stock         $ (30,000)
Purchase of treasury stock (in shares)         (5,683)
Net income (loss)         $ 118,027
Ending balance at Jun. 30, 2020   $ (30,000) 5,296,610 (6,029,540) (762,930)
Ending balance (in shares) at Jun. 30, 2020 10,210,571        
Beginning balance at Mar. 31, 2020     5,196,117 (6,190,338) (994,221)
Beginning balance (in shares) at Mar. 31, 2020 10,223,168        
Changes in Stockholders' deficit          
Purchase of treasury stock   $ (30,000)     (30,000)
Purchase of treasury stock (in shares) (5,683) 5,683      
Share-based compensation     100,493   100,493
Share-based compensation (in shares) (6,914)        
Net income (loss)       160,798 160,798
Ending balance at Jun. 30, 2020   $ (30,000) $ 5,296,610 $ (6,029,540) $ (762,930)
Ending balance (in shares) at Jun. 30, 2020 10,210,571