Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.23.3
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (loss)
Accumulated Deficit
Beginning balance at Dec. 31, 2021 $ 38,415,549 $ 4,212 $ 68,229,024   $ (29,817,687)
Beginning balance, Shares at Dec. 31, 2021   4,212,317      
Stock-based compensation expense 123,229   123,229    
Issuance of common stock for services 67,000 $ 8 66,992    
Issuance of common stock for services, shares   8,334      
Issuance of common stock, stock options exercised 44,142 $ 4 44,138    
Issuance of common stock, stock options exercised, Shares   3,643      
Net loss (4,640,601)       (4,640,601)
Ending balance at Mar. 31, 2022 34,009,319 $ 4,224 68,463,383   (34,458,288)
Ending balance, Shares at Mar. 31, 2022   4,224,294      
Beginning balance at Dec. 31, 2021 38,415,549 $ 4,212 68,229,024   (29,817,687)
Beginning balance, Shares at Dec. 31, 2021   4,212,317      
Net loss (13,775,103)        
Ending balance at Sep. 30, 2022 25,136,200 $ 4,224 68,697,938 $ 26,828 (43,592,790)
Ending balance, Shares at Sep. 30, 2022   4,224,294      
Beginning balance at Mar. 31, 2022 34,009,319 $ 4,224 68,463,383   (34,458,288)
Beginning balance, Shares at Mar. 31, 2022   4,224,294      
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 $ 4,224 68,596,150   (39,098,227)
Ending balance, Shares at Jun. 30, 2022   4,224,294      
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 $ 4,224 68,697,938 26,828 (43,592,790)
Ending balance, Shares at Sep. 30, 2022   4,224,294      
Beginning balance at Dec. 31, 2022 $ 21,035,401 $ 4,224 68,798,301 104,718 (47,871,842)
Beginning balance, Shares at Dec. 31, 2022 4,224,294 4,224,294      
Stock-based compensation expense $ 123,273   123,273    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs 8,542,942 $ 972 8,541,970    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs, Shares   971,532      
Other comprehensive income 61,104     61,104  
Net loss (4,477,778)       (4,477,778)
Ending balance at Mar. 31, 2023 25,284,942 $ 5,196 77,463,544 165,822 (52,349,620)
Ending balance, Shares at Mar. 31, 2023   5,195,826      
Beginning balance at Dec. 31, 2022 $ 21,035,401 $ 4,224 68,798,301 104,718 (47,871,842)
Beginning balance, Shares at Dec. 31, 2022 4,224,294 4,224,294      
Net loss $ (14,850,943)        
Ending balance at Sep. 30, 2023 $ 15,017,883 $ 5,361 77,735,450 (143) (62,722,785)
Ending balance, Shares at Sep. 30, 2023 5,360,326 5,360,326      
Beginning balance at Mar. 31, 2023 $ 25,284,942 $ 5,196 77,463,544 165,822 (52,349,620)
Beginning balance, Shares at Mar. 31, 2023   5,195,826      
Stock-based compensation expense 124,845   124,845    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs 95 $ 95      
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs, Shares   95,000      
Other comprehensive income (167,536)     (167,536)  
Net loss (5,777,966)       (5,777,966)
Ending balance at Jun. 30, 2023 19,464,380 $ 5,291 77,588,389 (1,714) (58,127,586)
Ending balance, Shares at Jun. 30, 2023   5,290,826      
Stock-based compensation expense 129,781   129,781    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs 17,350 $ 70 17,280    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs, Shares   69,500      
Other comprehensive income 1,571     1,571  
Net loss (4,595,199)       (4,595,199)
Ending balance at Sep. 30, 2023 $ 15,017,883 $ 5,361 $ 77,735,450 $ (143) $ (62,722,785)
Ending balance, Shares at Sep. 30, 2023 5,360,326 5,360,326