Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity (Unaudited)

v3.22.2.2
Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, 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)
Ending balance, value 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 balance, 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         (1,346,753)
Ending balance, value 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        
Beginning balance, 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)
Ending balance, value 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        
Beginning balance, value at Dec. 31, 2021 $ 13,148 60,466,093 (33,647,529) 26,831,712
Beginning balance, shares at Dec. 31, 2021 13,147,829        
Stock-based compensation $ 74 165,193 165,267
Stock-based compensation, shares 73,452        
Net loss       (1,969,628) (1,969,628)
Repurchase of common stock via stock buy back program, net of costs $ (270) (5,513,441) (5,513,711)
Repurchase of common stock via stock buy back program, net of costs, shares (269,828)        
Ending balance, value at Mar. 31, 2022 $ 12,952 55,117,845 (35,617,157) 19,513,640
Ending balance, shares at Mar. 31, 2022 12,951,453        
Beginning balance, value at Dec. 31, 2021 $ 13,148 60,466,093 (33,647,529) 26,831,712
Beginning balance, shares at Dec. 31, 2021 13,147,829        
Net loss         (2,715,701)
Ending balance, value at Jun. 30, 2022 $ 12,775 53,320,020 (36,363,230) 16,969,565
Ending balance, shares at Jun. 30, 2022 12,774,809        
Beginning balance, value at Mar. 31, 2022 $ 12,952 55,117,845 (35,617,157) 19,513,640
Beginning balance, shares at Mar. 31, 2022 12,951,453        
Stock-based compensation $ 73 224,430 224,503
Stock-based compensation, shares 73,356        
Net loss       (746,073) (746,073)
Repurchase of common stock via stock buy back program, net of costs $ (250) (2,022,255) (2,022,505)
Repurchase of common stock via stock buy back program, net of costs, shares (250,000)        
Ending balance, value at Jun. 30, 2022 $ 12,775 $ 53,320,020 $ (36,363,230) $ 16,969,565
Ending balance, shares at Jun. 30, 2022 12,774,809