Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
Summary Of Significant Accounting Policies  
Reconciliation of warrant liability, additional paid-in capital and accumulated deficit
    Consolidated Balance Sheet  
   

Warrant

Liability

    Additional paid in capital    

Accumulated

deficit

 
Balance, June 30, 2017 (Prior to adoption of ASU 2017-11)   $ 219,000     $ 51,909,207     $ (55,657,032 )
                         
Reverse beginning balance as of January 1, 2017     (1,313,000 )     (9,806,844 )     11,119,844  
                         
Change in fair value of warrant liability     863,023       -       -  
                         
Stock issued upon cashless warrant exercise     230,977       -       -  
                         
Balance, June 30, 2017 (After adoption of ASU 2017-11)     -     $ 42,102,363     $ (44,537,188 )
Summary of the changes in fair value of the warrant liability
   

Consolidated Statement

Of Operations

 
    Change in value of warrant liability     Net loss  
Balance, June 30, 2017 (Prior to adoption of ASU 2017-11)   $ 863,023     $ (773,813 )
                 
Change in fair value of warrant liability     (863,023 )     (863,023 )
                 
      -     $ (1,636,836 )