Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity

v3.23.2
Statements of Stockholders' Equity - USD ($)
Common Stock
Additional Paid-In Capital
Treasury Stock, Common
Accumulated Deficit
Total
Beginning balance at Dec. 31, 2021 $ 5,894 $ 104,063,321   $ (79,906,080) $ 24,149,925
Beginning balance (in shares) at Dec. 31, 2021 5,893,767        
Treasury Stock, beginning balance at Dec. 31, 2021     $ (13,210)    
Treasury stock, beginning balance (in shares) at Dec. 31, 2021     1,321    
Exercise of options $ 1 (1)      
Exercise of options (in shares) 1,351        
Stock issued for services $ 10 100,090     100,100
Stock issued for services (in shares) 10,000        
Stock-based compensation   231,765     231,765
Net loss       (1,904,641) (1,904,641)
Ending balance at Mar. 31, 2022 $ 5,905 104,395,175 $ (13,210) (81,810,721) 22,577,149
Ending balance (in shares) at Mar. 31, 2022 5,905,118        
Treasury stock, ending balance (in shares) at Mar. 31, 2022     1,321    
Beginning balance at Dec. 31, 2021 $ 5,894 104,063,321   (79,906,080) 24,149,925
Beginning balance (in shares) at Dec. 31, 2021 5,893,767        
Treasury Stock, beginning balance at Dec. 31, 2021     $ (13,210)    
Treasury stock, beginning balance (in shares) at Dec. 31, 2021     1,321    
Net loss         (3,594,635)
Ending balance at Jun. 30, 2022 $ 5,905 104,625,648   (83,500,715) 21,117,628
Ending balance (in shares) at Jun. 30, 2022 5,905,118        
Treasury Stock, ending balance at Jun. 30, 2022     $ (13,210)    
Treasury stock, ending balance (in shares) at Jun. 30, 2022     1,321    
Beginning balance at Mar. 31, 2022 $ 5,905 104,395,175 $ (13,210) (81,810,721) 22,577,149
Beginning balance (in shares) at Mar. 31, 2022 5,905,118        
Treasury stock, beginning balance (in shares) at Mar. 31, 2022     1,321    
Stock-based compensation   230,473     230,473
Net loss       (1,689,994) (1,689,994)
Ending balance at Jun. 30, 2022 $ 5,905 104,625,648   (83,500,715) 21,117,628
Ending balance (in shares) at Jun. 30, 2022 5,905,118        
Treasury Stock, ending balance at Jun. 30, 2022     $ (13,210)    
Treasury stock, ending balance (in shares) at Jun. 30, 2022     1,321    
Beginning balance at Dec. 31, 2022 $ 5,926 105,011,318   (87,095,430) 17,908,604
Beginning balance (in shares) at Dec. 31, 2022 5,926,001        
Treasury Stock, beginning balance at Dec. 31, 2022     $ (13,210)   $ 13,210
Treasury stock, beginning balance (in shares) at Dec. 31, 2022     1,321   1,321
Stock-based compensation   609,926     $ 609,926
Net loss       (2,527,985) (2,527,985)
Vesting of restricted stock units $ 7 (7)      
Vesting of restricted stock units (in shares) 6,889        
Ending balance at Mar. 31, 2023 $ 5,933 105,621,237 $ (13,210) (89,623,415) 15,990,545
Ending balance (in shares) at Mar. 31, 2023 5,932,890        
Treasury stock, ending balance (in shares) at Mar. 31, 2023     1,321    
Beginning balance at Dec. 31, 2022 $ 5,926 105,011,318   (87,095,430) 17,908,604
Beginning balance (in shares) at Dec. 31, 2022 5,926,001        
Treasury Stock, beginning balance at Dec. 31, 2022     $ (13,210)   $ 13,210
Treasury stock, beginning balance (in shares) at Dec. 31, 2022     1,321   1,321
Net loss         $ (4,807,791)
Ending balance at Jun. 30, 2023 $ 5,940 106,244,511   (91,903,221) 14,334,020
Ending balance (in shares) at Jun. 30, 2023 5,939,779        
Treasury Stock, ending balance at Jun. 30, 2023     $ (13,210)   $ 13,210
Treasury stock, ending balance (in shares) at Jun. 30, 2023     1,321   1,321
Beginning balance at Mar. 31, 2023 $ 5,933 105,621,237 $ (13,210) (89,623,415) $ 15,990,545
Beginning balance (in shares) at Mar. 31, 2023 5,932,890        
Treasury stock, beginning balance (in shares) at Mar. 31, 2023     1,321    
Stock-based compensation   623,281     623,281
Net loss       (2,279,806) (2,279,806)
Vesting of restricted stock units $ 7 (7)      
Vesting of restricted stock units (in shares) 6,889        
Ending balance at Jun. 30, 2023 $ 5,940 $ 106,244,511   $ (91,903,221) 14,334,020
Ending balance (in shares) at Jun. 30, 2023 5,939,779        
Treasury Stock, ending balance at Jun. 30, 2023     $ (13,210)   $ 13,210
Treasury stock, ending balance (in shares) at Jun. 30, 2023     1,321   1,321