Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v3.23.1
Consolidated Statements of Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Comprehensive Income [Member]
Total
Beginning balance, value at Dec. 31, 2020 $ 82 $ 14,486,492 $ (13,878,553) $ (42,832) $ 565,189
Beginning balance, shares at Dec. 31, 2020 817,450        
Issuance of common stock from convertible debt $ 135 1,644,132 1,644,267
Issuance of common stock from convertible debt, shares 1,345,468        
Beneficial conversion feature of convertible debt 340,420 340,420
Issuance of common stock for options exercised $ 2 4,998 $ 5,000
Issuance of common stock for option exercised, shares 17,437       19,200
Issuance of common stock from exercise of warrant $ 92 4,629,448 $ 4,629,540
Issuance of common stock from exercise of warrant, shares 925,908        
Issuance of common stock related to June offering $ 288 12,661,696    
Issuance of common stock related to offering, shares 2,880,000        
Issuance of common for over-allotment $ 43 1,983,226 1,983,269
Issuance of common for over-allotment, shares 432,000        
Issuance of warrants for over-allotment 4,320 4,320
Stock-based compensation in connection with options granted 1,277,353    
Stock-based compensation in connection with restricted stock awards $ 63 2,481,008 2,481,071
Stock-based compensation in connection with restricted stock awards, shares 634,883        
Comprehensive loss 46,068 46,068
Net loss (8,107,662) (8,107,662)
Issuance of common stock related to June offering       12,661,984
Stock-based compensation in connection with options granted       1,277,353
Ending balance, value at Dec. 31, 2021 $ 705 39,513,093 (21,986,215) 3,236 17,530,819
Ending balance, shares at Dec. 31, 2021 7,053,146        
Stock-based compensation in connection with options granted 822,571    
Stock-based compensation in connection with restricted stock awards $ 54 2,150,609 2,150,663
Stock-based compensation in connection with restricted stock awards, shares 543,500        
Comprehensive loss (43,953) (43,953)
Net loss (9,160,589) (9,160,589)
Issuance of common stock related to January offering $ 223 7,004,815 7,005,038
Issuance of common stock related to January offering, shares 2,229,950        
Issuance of common stock related to December offering $ 458 7,472,112 7,472,570
Issuance of common stock related to December offering, shares 4,575,429        
Stock-based compensation in connection with options granted       822,571
Ending balance, value at Dec. 31, 2022 $ 1,440 $ 56,963,200 $ (31,146,804) $ (40,717) $ 25,777,119
Ending balance, shares at Dec. 31, 2022 14,402,025