Annual report pursuant to Section 13 and 15(d)

Statements of Stockholders' Equity (Deficit)

v3.21.1
Statements of Stockholders' Equity (Deficit) - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2018 $ 203 $ 1,981 $ 13,666,446 $ (23,788,684) $ (10,120,054)
Balance, shares at Dec. 31, 2018 202,996 1,980,365      
Exchange of related party payables and warrants for common stock $ 8,013 11,991,987 12,000,000
Exchange of related party payables and warrants for common stock, shares 8,012,684      
Stock-based compensation $ 242 194,701 194,943
Stock-based compensation, shares 242,368      
Net loss (3,425,307) (3,425,307)
Balance at Dec. 31, 2019 $ 8,458 $ 1,981 25,853,134 (27,213,991) (1,350,418)
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)
Balance at Dec. 31, 2020 $ 12,704 $ 56,695,359 $ (29,076,953) $ 27,631,110
Balance, shares at Dec. 31, 2020 12,703,541