Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders' Equity

v3.23.1
Consolidated Statement of Changes in Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2020 $ 1,419 $ 48,333,857 $ (25,395,798) $ 22,939,478
Beginning balance, shares at Dec. 31, 2020 14,181,734      
Stock-based compensation $ 5 3,288,010 3,288,015
Stock-Based compensation, shares 50,270        
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        
Shares issued in connection with license agreement $ 14 699,986 700,000
Shares issued in connection with license agreement, shares 144,689        
Shares withheld to pay income taxes on stock-based compensation $ (1) (64,395) (64,396)
Shares withheld to pay income taxes on stock-based compensation, shares (9,176)        
Shares issued in ATM purchase, net of transaction costs $ 2 173,985 173,987
Shares issued in ATM purchases, net of transaction costs, shares 21,597        
Net loss (11,427,534) (11,427,534)
Ending balance, value at Dec. 31, 2021 $ 1,571 62,306,861 (36,823,332) 25,485,100
Ending balance, shares at Dec. 31, 2021 15,710,246      
Stock-based compensation $ 24 8,948,689 8,948,713
Stock-Based compensation, shares 237,690        
Shares issued in connection with license agreement $ 10 399,990 400,000
Shares issued in connection with license agreement, shares 100,000        
Shares withheld to pay income taxes on stock-based compensation $ (3) (88,840) (88,843)
Shares withheld to pay income taxes on stock-based compensation, shares (36,145)        
Net loss (27,424,229) (27,424,229)
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 Dec. 31, 2022 $ 1,614 $ 72,016,688 $ (300,000) $ (64,247,561) $ 7,470,741
Ending balance, shares at Dec. 31, 2022 16,135,400   (100,000)