Stockholders' Deficit (Tables)
|
12 Months Ended |
Dec. 31, 2019 |
| Equity [Abstract] |
|
| Summary of Preferred Stock Activity |
The following table summarizes the activity
in the Company’s various classes of Preferred Stock included in Stockholders’ Deficit for the years ended December
31, 2019 and 2018:
| |
|
Series G |
|
|
Series H |
|
|
Series F |
|
|
Series J |
|
|
Series K |
|
|
Total |
|
| |
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
| Balance December 31, 2017 |
|
|
215 |
|
|
$ |
2
|
|
|
|
60 |
|
|
$ |
-
|
|
|
|
1,750,000- |
|
|
$ |
17,500 |
|
|
|
- |
|
|
$ |
- |
|
|
|
-
|
|
|
$ |
-
|
|
|
|
1,750,275 |
|
|
$ |
17,502 |
|
| Conversion of Series H Preferred Stock into common stock |
|
|
- |
|
|
|
- |
|
|
|
(50 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(50 |
) |
|
|
(50 |
) |
| Issuance of Series J Preferred Stock |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
250,000 |
|
|
|
2,500 |
|
|
|
- |
|
|
|
- |
|
|
|
250,000 |
|
|
|
2,500 |
|
| Balance December 31, 2018 |
|
|
215 |
|
|
$ |
2 |
|
|
|
10 |
|
|
$ |
- |
|
|
|
1,750,000 |
|
|
$ |
17,500 |
|
|
|
250,000 |
|
|
$ |
2,500 |
|
|
|
- |
|
|
$ |
- |
|
|
|
2,000,225 |
|
|
$ |
20,002 |
|
| |
|
Series G |
|
|
Series H |
|
|
Series F |
|
|
Series J |
|
|
Series K |
|
|
Total |
|
| |
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
| Balance December 31, 2018 |
|
|
215 |
|
|
$ |
2 |
|
|
|
10 |
|
|
$ |
- |
|
|
|
1,750,000- |
|
|
$ |
17,500 |
|
|
|
250,000 |
|
|
$ |
2,500 |
|
|
|
- |
|
|
$ |
- |
|
|
|
2,000,225 |
|
|
$ |
20,002 |
|
| Redemption of Series G Preferred Stock |
|
|
(215 |
) |
|
|
(2 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(215 |
) |
|
|
(2 |
) |
| Exchange of Series J Preferred Stock for Series K Preferred Stock |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
-
|
|
|
|
(250,000 |
) |
|
|
(2,500 |
) |
|
|
- |
|
|
|
- |
|
|
|
(250,000 |
) |
|
|
(2,500 |
) |
| Issuance of Series K Preferred Stock |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
250,000 |
|
|
|
2,500 |
|
|
|
250,000 |
|
|
|
2,500 |
|
| Balance December 31, 2019 |
|
|
0 |
|
|
$ |
0
|
|
|
|
10 |
|
|
$ |
-
|
|
|
|
1,750,000 |
|
|
$ |
17,500 |
|
|
|
0 |
|
|
$ |
0 |
|
|
|
250,000 |
|
|
$ |
2,500 |
|
|
|
2,000,010 |
|
|
$ |
20,000 |
|
|
| Schedule of Stock Option Activity |
The following table
summarizes the stock option activity for the years ended December 31, 2019 and 2018:
| |
|
Number of
options |
|
|
Weighted-
average
exercise price
|
|
|
Weighted-
average
contractual term
|
|
| Outstanding at December 31, 2017 |
|
|
77 |
|
|
$ |
1,036,374 |
|
|
|
8.33 |
|
| Granted |
|
|
- |
|
|
|
|
|
|
|
|
|
| Expired |
|
|
- |
|
|
|
|
|
|
|
|
|
| Forfeit |
|
|
- |
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2018 |
|
|
77 |
|
|
$ |
1,037,374 |
|
|
|
7.33 |
|
| Granted |
|
|
- |
|
|
|
|
|
|
|
|
|
| Expired |
|
|
- |
|
|
|
|
|
|
|
|
|
| Forfeit |
|
|
(9 |
) |
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2019 |
|
|
68 |
|
|
$ |
1,152,616 |
|
|
|
6.33 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable at December 31, 2019 |
|
|
68 |
|
|
$ |
1,152,616 |
|
|
|
|
|
|
| Schedule of Stock Option Outstanding and Exercisable |
The following table summarizes information
with respect to stock options outstanding and exercisable by employees and directors at December 31, 2019:
| Options outstanding |
|
|
Options vested and exercisable |
|
| Exercise price |
|
|
Number outstanding |
|
|
Weighted average remaining contractual life (years) |
|
|
Weighted average exercise price |
|
|
Aggregate intrinsic value |
|
|
Number vested |
|
|
Weighted average exercise price |
|
|
Aggregate intrinsic value |
|
| $ |
2,250,500 |
|
|
|
22 |
|
|
|
6.25 |
|
|
$ |
2,250,500 |
|
|
$ |
- |
|
|
|
22 |
|
|
$ |
2,250,500 |
|
|
$ |
- |
|
| $ |
1,125,500 |
|
|
|
22 |
|
|
|
6.25 |
|
|
$ |
1,125,500 |
|
|
|
- |
|
|
|
22 |
|
|
$ |
1,125,500 |
|
|
|
- |
|
| $ |
225,000 |
|
|
|
12 |
|
|
|
6.33 |
|
|
$ |
225,000 |
|
|
|
- |
|
|
|
12 |
|
|
$ |
225,000 |
|
|
|
- |
|
| $ |
67,500 |
|
|
|
12 |
|
|
|
6.54 |
|
|
$ |
67,500 |
|
|
|
- |
|
|
|
12 |
|
|
$ |
67,500 |
|
|
|
- |
|
| |
|
|
|
|
68 |
|
|
|
|
|
|
$ |
1,152,616 |
|
|
$ |
– |
|
|
|
68 |
|
|
$ |
1,152,616 |
|
|
$ |
- |
|
|
| Schedule of Warrants Activity |
The following summarizes the information related
to warrant activity during the years ended December 31, 2019 and 2018:
| |
|
Number of
warrants
|
|
|
Weighted
average
exercise price
|
|
| Balance at December 31, 2017 |
|
|
4,352,806 |
|
|
$ |
22.17820 |
|
| Increase in warrants during the period as a result of down round provisions |
|
|
53,234,923,889 |
|
|
|
|
|
| Warrants exchanged during the period |
|
|
(2,760,079 |
) |
|
$ |
(0.17000 |
) |
| March Warrants exercised during the period |
|
|
(106,006,177 |
) |
|
$ |
(0.04189 |
) |
| Balance at December 31, 2018 |
|
|
53,130,510,439 |
|
|
$ |
0.00172 |
|
| Increase in warrants during the period as a result of down round provisions |
|
|
582,209,844,938 |
|
|
|
|
|
| March Warrants exercised during the period |
|
|
(755,000,000 |
) |
|
$ |
0.00034 |
|
| Balance at December 31, 2019 |
|
|
634,585,355,377 |
|
|
$ |
0.00014 |
|
|