Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity (Deficit) (Unaudited)

v3.21.2
Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balances, value at Dec. 31, 2019 $ 8,458 $ 1,981 $ 25,853,134 $ (27,213,991) $ (1,350,418)
Beginning balance, shares at Dec. 31, 2019 8,458,048 1,980,365      
Stock-based compensation $ 78 173,865 173,943
Stock-based compensation, shares 77,571        
Additional preferred stock issued due to anti-dilution
Additional preferred stock issued due to anti-dilution, shares
Net loss       $ (244,641) $ (244,641)
Balances at Mar. 31, 2020 $ 8,536 $ 1,981 $ 26,026,999 (27,458,632) (1,421,116)
Ending balance, shares at Mar. 31, 2020 8,535,619 1,980,365      
Beginning balances, value at Dec. 31, 2019 $ 8,458 $ 1,981 25,853,134 (27,213,991) (1,350,418)
Beginning balance, shares at Dec. 31, 2019 8,458,048 1,980,365      
Net loss         (711,936)
Balances at Sep. 30, 2020 $ 11,970 32,572,042 (27,925,927) 4,658,085
Ending balance, shares at Sep. 30, 2020 11,970,185        
Beginning balances, value at Mar. 31, 2020 $ 8,536 $ 1,981 26,026,999 (27,458,632) (1,421,116)
Beginning balance, shares at Mar. 31, 2020 8,535,619 1,980,365      
Stock-based compensation $ 78 173,865 173,943
Stock-based compensation, shares 77,571        
Net loss       (210,430) (210,430)
Balances at Jun. 30, 2020 $ 8,614 $ 1,981 26,200,864 (27,669,062) (1,457,603)
Ending balance, shares at Jun. 30, 2020 8,613,190 1,980,365      
Stock-based compensation $ 73 164,978 165,051
Stock-based compensation, shares 73,356        
Issuance of common stock in initial public offering, net of offering costs $ 1,260 6,206,242 6,207,502
Issuance of common stock in initial public offering, net of offering costs, shares 1,260,870        
Additional preferred stock issued due to anti-dilution $ 42 (42)
Additional preferred stock issued due to anti-dilution, shares 42,404      
Conversion of preferred to common stock $ 2,023 $ (2,023)
Conversion of preferred to common stock, shares 2,022,769 (2,022,769)      
Net loss       (256,865) (256,865)
Balances at Sep. 30, 2020 $ 11,970 32,572,042 (27,925,927) 4,658,085
Ending balance, shares at Sep. 30, 2020 11,970,185        
Beginning balances, value at Dec. 31, 2020 $ 12,704 56,695,359 (29,076,953) 27,631,110
Beginning balance, shares at Dec. 31, 2020 12,703,541        
Stock-based compensation $ 73 164,978 165,051
Stock-based compensation, shares 73,356        
Exercise of common stock from Green Shoe of follow-on offering, net of offering costs $ 70 2,547,930 2,548,000
Exercise of common stock from Green Shoe of follow-on offering, net of offering costs, shares 70,000        
Net loss       (597,008) (597,008)
Balances at Mar. 31, 2021 $ 12,847 59,408,267 (29,673,961) 29,747,153
Ending balance, shares at Mar. 31, 2021 12,846,897        
Beginning balances, value at Dec. 31, 2020 $ 12,704 56,695,359 (29,076,953) 27,631,110
Beginning balance, shares at Dec. 31, 2020 12,703,541        
Net loss         (2,209,871)
Balances at Sep. 30, 2021 $ 12,994 59,738,222 (31,286,824) 28,464,392
Ending balance, shares at Sep. 30, 2021 12,993,609        
Beginning balances, value at Mar. 31, 2021 $ 12,847 59,408,267 (29,673,961) 29,747,153
Beginning balance, shares at Mar. 31, 2021 12,846,897        
Stock-based compensation $ 73 164,978 165,051
Stock-based compensation, shares 73,356        
Net loss       (749,745) (749,745)
Balances at Jun. 30, 2021 $ 12,920 59,573,245 (30,423,706) 29,162,459
Ending balance, shares at Jun. 30, 2021 12,920,253        
Stock-based compensation $ 74 164,977 165,051
Stock-based compensation, shares 73,356        
Net loss       (863,118) (863,118)
Balances at Sep. 30, 2021 $ 12,994 $ 59,738,222 $ (31,286,824) $ 28,464,392
Ending balance, shares at Sep. 30, 2021 12,993,609