Annual report pursuant to Section 13 and 15(d)

Statements of Stockholders' Equity

v3.23.1
Statements of Stockholders' Equity - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance 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 $ 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
Exercise of common stock from 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)
Ending balance 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      
Stock-based compensation $ 220 1,743,645 1,743,865
Stock-based compensation, shares 220,164        
Net loss       (7,825,237) (7,825,237)
Repurchase of common stock via stock repurchase program, net of costs $ (520) (7,535,696) (7,536,216)
Repurchase of common stock via stock repurchase program, net of costs, shares (519,828)        
Ending balance at Dec. 31, 2022 $ 12,848 $ 54,674,042 $ (41,472,766) $ 13,214,124
Ending balance, shares at Dec. 31, 2022 12,848,165