Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited)

v3.22.1
Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2020 $ 1,418 $ 48,333,857 $ (25,395,798) $ 22,939,477
Beginning balance, shares at Dec. 31, 2020 14,181,734      
Stock-based compensation $ 1 308,297 308,298
Stock-based compensation, shares 12,500        
Equity issued to a consultant as a prepayment for services 312,293 312,293
Shares issued in private placement, net of transaction costs $ 132 9,875,418 9,875,550
Shares issued in private placement, net of transaction costs, shares 1,321,132        
Net loss (2,099,481) (2,099,481)
Ending balance, value at Mar. 31, 2021 $ 1,551 58,829,865 (27,495,279) 31,336,137
Ending balance, shares at Mar. 31, 2021 15,515,366      
Beginning balance, value at Dec. 31, 2021 $ 1,571 62,306,861 (36,823,332) 25,485,100
Beginning balance, shares at Dec. 31, 2021 15,710,246      
Stock-based compensation $ 10 828,887 828,897
Stock-based compensation, shares 103,670        
Net loss (3,227,131) (3,227,131)
Acquisition of treasury stock $ (300,000) (300,000)
Acquisition of treasury stock, shares     (100,000)    
Shares issued in connection with the Purchase Agreement with Lincoln Park $ 12 449,988 450,000
Shares issued in connection with the Purchase Agreement with Lincoln Park, shares 123,609        
Ending balance, value at Mar. 31, 2022 $ 1,593 $ 63,585,736 $ (300,000) $ (40,050,463) $ 23,236,866
Ending balance, shares at Mar. 31, 2022 15,937,525   (100,000)