Quarterly report [Sections 13 or 15(d)]

Statements of Stockholders' Equity (Unaudited)

v3.25.3
Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balances at Dec. 31, 2023 $ 12,848 $ 57,052,130 $ (50,364,569) $ 6,700,409
Balances, shares at Dec. 31, 2023 12,848,165      
Stock-based compensation 594,522 594,522
Sale of common stock via ATM program, net of costs $ 28 299,088 299,116
Sale of common stock via ATM program, net of costs, shares 27,117      
Net loss     (2,473,195) (2,473,195)
Balances at Mar. 31, 2024 $ 12,876 57,945,740 (52,837,764) 5,120,852
Balances, shares at Mar. 31, 2024 12,875,282      
Balances at Dec. 31, 2023 $ 12,848 57,052,130 (50,364,569) 6,700,409
Balances, shares at Dec. 31, 2023 12,848,165      
Net loss       (7,748,590)
Balances at Sep. 30, 2024 $ 13,145 63,082,679 (58,113,159) 4,982,665
Balances, shares at Sep. 30, 2024 13,144,653      
Balances at Mar. 31, 2024 $ 12,876 57,945,740 (52,837,764) 5,120,852
Balances, shares at Mar. 31, 2024 12,875,282      
Stock-based compensation 594,522 594,522
Sale of common stock via ATM program, net of costs $ 17 266,725 266,742
Sale of common stock via ATM program, net of costs, shares 17,580      
Net loss     (2,606,682) (2,606,682)
Sale of common stock via Private Placement, net of costs $ 175 2,499,823 2,499,998
Sale of common stock via Private Placement, net of costs, shares 174,825      
Balances at Jun. 30, 2024 $ 13,068 61,306,810 (55,444,446) 5,875,432
Balances, shares at Jun. 30, 2024 13,067,687      
Stock-based compensation 594,522 594,522
Sale of common stock via ATM program, net of costs $ 77 1,181,347 1,181,424
Sale of common stock via ATM program, net of costs, shares 76,966      
Net loss     (2,668,713) (2,668,713)
Balances at Sep. 30, 2024 $ 13,145 63,082,679 (58,113,159) 4,982,665
Balances, shares at Sep. 30, 2024 13,144,653      
Balances at Dec. 31, 2024 $ 13,153 68,674,261 (66,153,378) 2,534,036
Balances, shares at Dec. 31, 2024 13,152,729      
Stock-based compensation 1,544,214 1,544,214
Sale of common stock via ATM program, net of costs $ 40 492,383 492,423
Sale of common stock via ATM program, net of costs, shares 39,918      
Net loss     (3,258,362) (3,258,362)
Balances at Mar. 31, 2025 $ 13,193 70,710,858 (69,411,740) 1,312,311
Balances, shares at Mar. 31, 2025 13,192,647      
Balances at Dec. 31, 2024 $ 13,153 68,674,261 (66,153,378) 2,534,036
Balances, shares at Dec. 31, 2024 13,152,729      
Net loss       (11,435,485)
Balances at Sep. 30, 2025 $ 13,795 79,760,045 (77,588,863) 2,184,977
Balances, shares at Sep. 30, 2025 13,794,577      
Balances at Mar. 31, 2025 $ 13,193 70,710,858 (69,411,740) 1,312,311
Balances, shares at Mar. 31, 2025 13,192,647      
Stock-based compensation 1,544,214 1,544,214
Sale of common stock via ATM program, net of costs $ 280 2,607,965 2,608,245
Sale of common stock via ATM program, net of costs, shares 280,292      
Net loss     (4,025,278) (4,025,278)
Balances at Jun. 30, 2025 $ 13,473 74,863,037 (73,437,018) 1,439,492
Balances, shares at Jun. 30, 2025 13,472,939      
Stock-based compensation 1,544,214 1,544,214
Sale of common stock via ATM program, net of costs $ 302 3,207,814 3,208,116
Sale of common stock via ATM program, net of costs, shares 301,464      
Net loss     (4,151,845) (4,151,845)
Net proceeds from exercise of remaining underwriter warrants $ 20 144,980 145,000
Net proceeds from exercise of remaining underwriter warrants, shares 20,174      
Balances at Sep. 30, 2025 $ 13,795 $ 79,760,045 $ (77,588,863) $ 2,184,977
Balances, shares at Sep. 30, 2025 13,794,577