Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.3.a.u2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Summary of Significant Accounting Policies  
Schedule of unvested restricted common stock and potential common stock equivalents are not included in the calculation of diluted net loss per share

 

 

 

 

 

 

    

Year Ended December 31, 

 

    

2019

    

2018

Common Stock Warrants

 

2,875,006

 

2,722,967

Employee Stock Options

 

174,175

 

138,324

Preferred Stock

 

852,500

 

852,500

Total Shares of Common Stock Issuable

 

3,901,681

 

3,713,791

 

Schedule of changes in the contract liabilities

 

 

 

 

 

 

 

 

    

December 31, 

 

December 31, 

 

    

2019

     

2018

Contract Liabilities:

 

 

  

 

 

  

Deferred Revenue

 

$

(2,686,000)

 

$

2,686,000

 

 

 

 

 

 

    

Twelve

 

 

Months Ended

 

 

December 31, 

 

    

2019

Revenue recognized in the period from:

 

 

  

Amounts included in contract liability at the beginning of the period

 

$

2,686,000