Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY

v3.21.1
STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-in Capital
Parent's Net Investment
Accumulated Deficit
Total
Balance at Dec. 31, 2018 $ 0 $ 0 $ 281,000 $ 0 $ 281,000
Balance (in Shares) at Dec. 31, 2018 0        
Net loss $ 0 0 (1,685,000) (238,000) (1,923,000)
Transfer from parent 0 0 1,345,000 0 1,345,000
Reclassification of parent's net investment in connection with spin-off, June 21, 2019 0 (59,000) 59,000 0 0
Common stock distributed in connection with spin-off, June 21, 2019 $ 5,000 (5,000) 0 0 0
Common stock distributed in connection with spinoff, June 21, 2019 (in Shares) 5,005,211        
Issuance of common stock $ 52,000 621,000 0 0 673,000
Issuance of common stock (in shares) 52,499,997        
Share-based compensation $ 0 4,000 0 0 4,000
Balance at Dec. 31, 2019 $ 57,000 561,000 0 (238,000) 380,000
Balance (in Shares) at Dec. 31, 2019 57,505,208        
Net loss $ 0 0 0 (2,264,000) (2,264,000)
Issuance of common stock $ 27,000 1,343,000 0 0 1,370,000
Issuance of common stock (in shares) 26,522,500        
Issuance of common stock for acquisition $ 9,000 366,000 0 0 375,000
Issuance of common stock for acquisition (in shares) 9,375,000        
Restricted stock vesting $ 6,000 (6,000) 0 0 0
Restricted stock vesting (in shares) 5,928,871        
Warrants issued for equity raising costs $ 0 (65,000) 0 0 (65,000)
Beneficial conversion and warrant features of convertible debt 0 43,000 0 0 43,000
Share-based compensation 0 232,000 0 0 232,000
Balance at Dec. 31, 2020 $ 99,000 $ 2,474,000 $ 0 $ (2,502,000) $ 71,000
Balance (in Shares) at Dec. 31, 2020 99,331,579