Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.1
Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 1,571 $ 62,306,861 $ (36,823,332) $ 25,485,100
Balance, shares at Dec. 31, 2021 15,710,246      
Stock-based compensation $ 10 828,887 828,897
Stock-Based compensation, shares 103,670        
Acquisition of treasury stock $ (300,000) (300,000)
Acquisition of treasury stock, shares     (100,000)    
Shares issued in connection with purchase agreement $ 12 449,988 450,000
Shares issued in connection with purchase agreement 123,609        
Net loss (3,227,131) (3,227,131)
Balance at Mar. 31, 2022 $ 1,593 63,585,736 $ (300,000) (40,050,463) 23,236,866
Balance, shares at Mar. 31, 2022 15,937,525   (100,000)    
Beginning balance, value at Dec. 31, 2022 $ 1,614 72,016,688 $ (300,000) (64,247,561) 7,470,741
Balance, shares at Dec. 31, 2022 16,135,400   (100,000)    
Stock-based compensation $ 6 341,498 341,504
Stock-Based compensation, shares 63,882        
Net loss (4,022,073) (4,022,073)
Shares issued in connection with capital raises, net of transaction costs $ 843 6,351,234 6,352,077
Shares issued in connection with capital raises, net of transaction costs, shares 8,432,192        
Balance at Mar. 31, 2023 $ 2,463 $ 78,709,420 $ (300,000) $ (68,269,634) $ 10,142,249
Balance, shares at Mar. 31, 2023 24,631,474   (100,000)