There's quite a bit of preferred stock... with discussion of a reverse split in what you posted and an offering of common stock at 1.57 when tangible book is $0,70 or less (forget exactly), there is one direction...
From the 10Q:
Cash flows from financing activities:
Proceeds from sale of Preferred Stock, net of issuance costs $13,648,663
Proceeds from sale of common stock equity, net of issuance costs $6,711,173
Proceeds from exercise of common stock warrants $261,944
Proceeds from exercise of options to purchase common stock $174,871