Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Stockholders' Equity

v3.22.2
Condensed Statements of Stockholders' Equity - USD ($)
Total
June 2021 Offering
Common Stock
Common Stock
June 2021 Offering
Additional Paid-In Capital
Additional Paid-In Capital
June 2021 Offering
Accumulated Deficit
Beginning balance at Dec. 31, 2020 $ 9,784,356   $ 10,051   $ 24,805,929   $ (15,031,624)
Beginning balance, Shares at Dec. 31, 2020     10,050,849        
Stock-based compensation expense 591,124       591,124    
Warrant expense 237,768       237,768    
Issuance of common stock 60,391   $ 9   60,382    
Issuance of common stock, Shares     9,000        
Net loss (2,637,068)           (2,637,068)
Ending balance at Mar. 31, 2021 8,036,571   $ 10,060   25,695,203   (17,668,692)
Ending balance, Shares at Mar. 31, 2021     10,059,849        
Beginning balance at Dec. 31, 2020 9,784,356   $ 10,051   24,805,929   (15,031,624)
Beginning balance, Shares at Dec. 31, 2020     10,050,849        
Warrant expense 477,183            
Net loss (5,273,247)            
Ending balance at Jun. 30, 2021 47,054,352   $ 25,134   67,334,089   (20,304,871)
Ending balance, Shares at Jun. 30, 2021     25,133,345        
Beginning balance at Mar. 31, 2021 8,036,571   $ 10,060   25,695,203   (17,668,692)
Beginning balance, Shares at Mar. 31, 2021     10,059,849        
Stock-based compensation expense 322,483       322,483    
Warrant expense 239,415       239,415    
Issuance of common stock   $ 41,135,357   $ 15,000   $ 41,120,357  
Issuance of common stock, Shares       15,000,000      
Issuance of common stock, stock options exercised (43,295)   $ 74   (43,369)    
Issuance of common stock, stock options exercised, Shares     73,496        
Net loss (2,636,179)           (2,636,179)
Ending balance at Jun. 30, 2021 47,054,352   $ 25,134   67,334,089   (20,304,871)
Ending balance, Shares at Jun. 30, 2021     25,133,345        
Beginning balance at Dec. 31, 2021 $ 38,415,549   $ 25,155   68,208,081   (29,817,687)
Beginning balance, Shares at Dec. 31, 2021 25,155,198   25,155,198        
Stock-based compensation expense $ 123,229       123,229    
Issuance of common stock 67,000   $ 50   66,950    
Issuance of common stock, Shares     50,000        
Issuance of common stock, stock options exercised 44,142   $ 22   44,120    
Issuance of common stock, stock options exercised, Shares     21,853        
Net loss (4,640,601)           (4,640,601)
Ending balance at Mar. 31, 2022 34,009,319   $ 25,227   68,442,380   (34,458,288)
Ending balance, Shares at Mar. 31, 2022     25,227,051        
Beginning balance at Dec. 31, 2021 $ 38,415,549   $ 25,155   68,208,081   (29,817,687)
Beginning balance, Shares at Dec. 31, 2021 25,155,198   25,155,198        
Warrant expense $ 0            
Net loss (9,280,540)            
Ending balance at Jun. 30, 2022 $ 29,502,147   $ 25,227   68,575,147   (39,098,227)
Ending balance, Shares at Jun. 30, 2022 25,227,051   25,227,051        
Beginning balance at Mar. 31, 2022 $ 34,009,319   $ 25,227   68,442,380   (34,458,288)
Beginning balance, Shares at Mar. 31, 2022     25,227,051        
Stock-based compensation expense 132,767       132,767    
Net loss (4,639,939)           (4,639,939)
Ending balance at Jun. 30, 2022 $ 29,502,147   $ 25,227   $ 68,575,147   $ (39,098,227)
Ending balance, Shares at Jun. 30, 2022 25,227,051   25,227,051