|9 Months Ended|
Sep. 30, 2018
|Subsequent Events [Abstract]|
|Subsequent Events [Text Block]||
Over-Allotment Option Exercise
On October 3, 2018, we completed the sale of 3,800,000 shares of common stock at a purchase price of $.24 per share in connection with the exercise of the over-allotment optionby the Underwriters
On October 22, 2018, we completed the sale of 1,900,000 shares of common stock at a purchase price of $.24 per share in connection with the final exerciseof the Underwriter’s over-allotment option
From October 1, 2018 through November 9, 2018, Warrants to purchase an aggregate of 13,070,900 shares of common stock were exercised, resulting in proceeds to us of approximately $3.3 million. On November 9, 2018, there were 30,629,100 Warrants outstanding.
In October 2018, an additional 19,836,000 shares of common stock were issued upon the conversion of Preferred Shares. There are no remaining Preferred Shares outstanding.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef