Annual report pursuant to Section 13 and 15(d)

Statements of Stockholders' Equity (Deficit)

v3.22.1
Statements of Stockholders' Equity (Deficit) - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balances 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 $ 302 677,686 677,988
Stock-based compensation, shares 301,854        
Issuance of common stock in initial public offering, net of offering costs $ 1,261 6,206,241 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)      
Issuance of common stock in follow-on offering, net of offering costs $ 660 23,958,340 23,959,000
Issuance of common stock in follow-on offering, net of offering costs, shares 660,000        
Net loss       (1,862,962) (1,862,962)
Balances at Dec. 31, 2020 $ 12,704 56,695,359 (29,076,953) 27,631,110
Ending balance, shares at Dec. 31, 2020 12,703,541      
Stock-based compensation $ 293 660,289 660,582
Stock-based compensation, shares 293,592        
Issuance of common stock from exercise of Green Shoe of follow-on offering, net of offering costs $ 70 2,547,930 2,548,000
Issuance of common stock from exercise of Green Shoe of follow-on offering, net of offering costs, shares 70,000        
Issuance of common stock through partial exercise of underwriter warrants $ 81 562,515 562,596
Issuance of common stock through partial exercise of underwriter warrants, shares 80,696        
Net loss       (4,570,576) (4,570,576)
Balances at Dec. 31, 2021 $ 13,148 $ 60,466,093 $ (33,647,529) $ 26,831,712
Ending balance, shares at Dec. 31, 2021 13,147,829