General form of registration statement for all companies including face-amount certificate companies

Condensed Statements of Stockholders' Equity (Unaudited)

v3.22.4
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
Total
Offering
IPO
Common Stock
Common Stock
Offering
Common Stock
IPO
Additional Paid-In Capital
Additional Paid-In Capital
Offering
Additional Paid-In Capital
IPO
Accumulated Other Comprehensive Income
Accumulated Deficit
Beginning balance at Dec. 31, 2019 $ (4,490,016)     $ 8,181     $ 7,685,533       $ (12,183,730)
Beginning balance, Shares at Dec. 31, 2019       8,180,937              
Stock-based compensation expense 573,695           573,695        
Warrant expense 1,443,426           1,443,426        
Issuance of common stock 4,870   $ 14,595,045 $ 15   $ 1,800 4,855   $ 14,593,245    
Issuance of common stock, Shares       14,175   1,800,000          
Conversion of notes 505,230     $ 55     505,175        
Conversion of notes, Shares       55,737              
Net loss (2,847,894)                   (2,847,894)
Ending balance at Dec. 31, 2020 $ 9,784,356     $ 10,051     24,805,929       (15,031,624)
Ending balance, Shares at Dec. 31, 2020 10,050,849     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     10,050,849              
Warrant expense $ 658,945                    
Net loss (9,744,444)                    
Ending balance at Sep. 30, 2021 43,161,479     $ 25,155     67,912,392       (24,776,068)
Ending balance, Shares at Sep. 30, 2021       25,155,198              
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     10,050,849              
Stock-based compensation expense $ 1,531,876           1,531,876        
Warrant expense 688,784           688,784        
Issuance of common stock 60,391   $ 41,135,357 $ 9   $ 15,000 60,382   $ 41,120,357    
Issuance of common stock, Shares       9,000   15,000,000          
Issuance of common stock, stock options exercised 848     $ 95     753        
Issuance of common stock, stock options exercised, Shares       95,349              
Net loss (14,786,063)                   (14,786,063)
Ending balance at Dec. 31, 2021 $ 38,415,549     $ 25,155     68,208,081     $ 0 (29,817,687)
Ending balance, Shares at Dec. 31, 2021 25,155,198     25,155,198              
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              
Stock-based compensation expense 352,419           352,419        
Warrant expense 181,762           181,762        
Issuance of common stock, cashless warrant exercise Shares       21,853              
Issuance of common stock, cashless warrant exercise 44,143     $ 21     44,122        
Net loss (4,471,197)                   (4,471,197)
Ending balance at Sep. 30, 2021 43,161,479     $ 25,155     67,912,392       (24,776,068)
Ending balance, Shares at Sep. 30, 2021       25,155,198              
Beginning balance at Dec. 31, 2021 $ 38,415,549     $ 25,155     68,208,081     0 (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     0 (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     0 (29,817,687)
Beginning balance, Shares at Dec. 31, 2021 25,155,198     25,155,198              
Warrant expense $ 0                    
Net loss (13,775,103)                    
Ending balance at Sep. 30, 2022 $ 25,136,200     $ 25,227     68,676,935     26,828 (43,592,790)
Ending balance, Shares at Sep. 30, 2022 25,227,051     25,227,051              
Beginning balance at Mar. 31, 2022 $ 34,009,319     $ 25,227     68,442,380     0 (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     0 (39,098,227)
Ending balance, Shares at Jun. 30, 2022       25,227,051              
Stock-based compensation expense 101,788           101,788        
Other comprehensive income 26,828                 26,828  
Net loss (4,494,563)                   (4,494,563)
Ending balance at Sep. 30, 2022 $ 25,136,200     $ 25,227     $ 68,676,935     $ 26,828 $ (43,592,790)
Ending balance, Shares at Sep. 30, 2022 25,227,051     25,227,051