| Schedule of Changes in Stockholders' Equity |
A summary of the
changes in the Company’s stockholders’ equity for the three months ended October 31, 2017 and 2016 is provided below:
| |
|
October 31, 2017 |
|
|
October 31, 2016 |
|
| Stockholders’ equity at beginning of period |
|
$ |
10,695,982 |
|
|
$ |
28,053,104 |
|
| Net loss |
|
|
(5,900,452 |
) |
|
|
(5,603,585 |
) |
| Stock-based compensation |
|
|
554,575 |
|
|
|
1,148,208 |
|
| Common stock issued for services |
|
|
109,000 |
|
|
|
— |
|
| Issuance of common stock through employee stock purchase plan |
|
|
19,048 |
|
|
|
25,617 |
|
| Equity offerings (see Note 6), net of costs |
|
|
8,058,733 |
|
|
|
— |
|
| Accumulated other comprehensive income (loss) |
|
|
(6,744 |
) |
|
|
(9 |
) |
| Exercise of common stock warrants (net) |
|
|
9,000 |
|
|
|
15,306 |
|
| Stockholders’ equity at end of period |
|
$ |
13,539,142 |
|
|
$ |
23,638,641 |
|
|