Quarterly report [Sections 13 or 15(d)]

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

v3.25.3
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 129 $ 80,658,111 $ (300,000) $ (75,369,081) $ 4,989,159
Balance, shares at Dec. 31, 2023 1,291,000        
Treasury Stock, balance shares at Dec. 31, 2023     (5,000)    
Stock-based compensation $ 1 167,642 167,643
Stock-based compensation, shares 13,176        
Shares issued in connection with capital raise and warrant exercises, net of transaction costs $ 156 6,282,274 6,282,430
Shares issued in connection with capital raise and warrant exercises, net of transaction costs, shares 1,555,555        
Shares issued in connection with license agreement $ 1 188,999 189,000
Shares issued in connection with license agreement, shares 5,000        
Settlement of stock award (8,561) (8,561)
Shares withheld to pay income taxes on stock-based compensation $ (1) (9,923) (9,924)
Shares withheld to pay income taxes on stock-based compensation, shares (3,750)        
Net loss (2,726,381) (2,726,381)
Balance at Mar. 31, 2024 $ 286 87,278,542 $ (300,000) (78,095,462) 8,883,366
Balance, shares at Mar. 31, 2024 2,860,981        
Treasury Stock, balance shares at Mar. 31, 2024     (5,000)    
Balance at Dec. 31, 2023 $ 129 80,658,111 $ (300,000) (75,369,081) 4,989,159
Balance, shares at Dec. 31, 2023 1,291,000        
Treasury Stock, balance shares at Dec. 31, 2023     (5,000)    
Shares issued in connection with license agreement, shares 5,000        
Net loss         (9,121,410)
Balance at Sep. 30, 2024 $ 327 88,510,949 $ (300,000) (84,490,491) 3,720,785
Balance, shares at Sep. 30, 2024 3,271,944        
Treasury Stock, balance shares at Sep. 30, 2024     (5,000)    
Balance at Mar. 31, 2024 $ 286 87,278,542 $ (300,000) (78,095,462) 8,883,366
Balance, shares at Mar. 31, 2024 2,860,981        
Treasury Stock, balance shares at Mar. 31, 2024     (5,000)    
Stock-based compensation $ 1 152,631 152,632
Stock-based compensation, shares 14,167        
Shares withheld to pay income taxes on stock-based compensation (2,008) (2,008)
Shares withheld to pay income taxes on stock-based compensation, shares (1,265)        
Net loss (3,010,326) (3,010,326)
Balance at Jun. 30, 2024 $ 287 87,429,165 $ (300,000) (81,105,788) 6,023,664
Balance, shares at Jun. 30, 2024 2,873,883        
Treasury Stock, balance shares at Jun. 30, 2024     (5,000)    
Stock-based compensation $ 3 154,188 154,191
Stock-based compensation, shares 26,010        
Shares issued in connection with capital raise and warrant exercises, net of transaction costs $ 37 931,254 931,291
Shares issued in connection with capital raise and warrant exercises, net of transaction costs, shares 374,190        
Shares withheld to pay income taxes on stock-based compensation (3,658) (3,658)
Shares withheld to pay income taxes on stock-based compensation, shares (2,139)        
Net loss (3,384,703) (3,384,703)
Balance at Sep. 30, 2024 $ 327 88,510,949 $ (300,000) (84,490,491) 3,720,785
Balance, shares at Sep. 30, 2024 3,271,944        
Treasury Stock, balance shares at Sep. 30, 2024     (5,000)    
Balance at Dec. 31, 2024 $ 371 89,214,999 $ (300,000) (87,219,199) $ 1,696,171
Balance, shares at Dec. 31, 2024 3,707,628        
Treasury Stock, balance shares at Dec. 31, 2024     (5,000)   5,000
Stock-based compensation $ 1 227,710 $ 227,711
Stock-based compensation, shares 11,721        
Shares issued in connection with capital raise and warrant exercises, net of transaction costs $ 156 4,438,414 4,438,570
Shares issued in connection with capital raise and warrant exercises, net of transaction costs, shares 1,556,672        
Shares withheld to pay income taxes on stock-based compensation $ (1) (1,438) (1,439)
Shares withheld to pay income taxes on stock-based compensation, shares (1,781)        
Net loss (2,834,405) (2,834,405)
Balance at Mar. 31, 2025 $ 527 93,879,685 $ (300,000) (90,053,604) 3,526,608
Balance, shares at Mar. 31, 2025 5,274,240        
Treasury Stock, balance shares at Mar. 31, 2025     (5,000)    
Balance at Dec. 31, 2024 $ 371 89,214,999 $ (300,000) (87,219,199) $ 1,696,171
Balance, shares at Dec. 31, 2024 3,707,628        
Treasury Stock, balance shares at Dec. 31, 2024     (5,000)   5,000
Net loss         $ (10,204,896)
Balance at Sep. 30, 2025 $ 5,287 103,552,406 $ (300,000) (97,424,095) $ 5,833,598
Balance, shares at Sep. 30, 2025 52,867,956        
Treasury Stock, balance shares at Sep. 30, 2025     (5,000)   5,000
Balance at Mar. 31, 2025 $ 527 93,879,685 $ (300,000) (90,053,604) $ 3,526,608
Balance, shares at Mar. 31, 2025 5,274,240        
Treasury Stock, balance shares at Mar. 31, 2025     (5,000)    
Stock-based compensation $ 15 203,236 203,251
Stock-based compensation, shares 143,103        
Shares issued in connection with capital raise and warrant exercises, net of transaction costs $ 3,489 6,316,743 6,320,232
Shares issued in connection with capital raise and warrant exercises, net of transaction costs, shares 34,894,000        
Shares withheld to pay income taxes on stock-based compensation $ (2) (8,963) (8,965)
Shares withheld to pay income taxes on stock-based compensation, shares (21,987)        
Net loss (3,933,918) (3,933,918)
Balance at Jun. 30, 2025 $ 4,029 100,390,701 $ (300,000) (93,987,522) 6,107,208
Balance, shares at Jun. 30, 2025 40,289,356        
Treasury Stock, balance shares at Jun. 30, 2025     (5,000)    
Stock-based compensation 303,047 303,047
Stock-based compensation, shares 1,385        
Shares issued in connection with capital raise and warrant exercises, net of transaction costs $ 1,258 2,858,658 2,859,916
Shares issued in connection with capital raise and warrant exercises, net of transaction costs, shares 12,577,215        
Net loss (3,436,573) (3,436,573)
Balance at Sep. 30, 2025 $ 5,287 $ 103,552,406 $ (300,000) $ (97,424,095) $ 5,833,598
Balance, shares at Sep. 30, 2025 52,867,956        
Treasury Stock, balance shares at Sep. 30, 2025     (5,000)   5,000