Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity (Unaudited)

v3.23.2
Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 949 $ 41,603,791 $ (35,441,543) $ 6,163,197
Beginning balance, shares at Dec. 31, 2021 949,052      
Common stock issued for cash, net $ 316 10,625,470 10,625,786
Common stock issued for cash, shares 316,316      
Exercise of warrants $ 87 2,529 2,616
Exercise of warrants, shares 87,193      
Stock-based compensation 336,685 336,685
Net loss (3,151,778) (3,151,778)
Ending balance, value at Mar. 31, 2022 $ 1,352 52,568,475 (38,593,321) 13,976,506
Ending balance, shares at Mar. 31, 2022 1,352,561      
Beginning balance, value at Dec. 31, 2021 $ 949 41,603,791 (35,441,543) 6,163,197
Beginning balance, shares at Dec. 31, 2021 949,052      
Net loss       (6,717,730)
Ending balance, value at Jun. 30, 2022 $ 1,352 52,855,316 (42,159,273) 10,697,395
Ending balance, shares at Jun. 30, 2022 1,352,561      
Beginning balance, value at Mar. 31, 2022 $ 1,352 52,568,475 (38,593,321) 13,976,506
Beginning balance, shares at Mar. 31, 2022 1,352,561      
Stock-based compensation 286,841 286,841
Net loss (3,565,952) (3,565,952)
Ending balance, value at Jun. 30, 2022 $ 1,352 52,855,316 (42,159,273) 10,697,395
Ending balance, shares at Jun. 30, 2022 1,352,561      
Beginning balance, value at Dec. 31, 2022 $ 1,617 58,846,916 (50,715,677) 8,132,856
Beginning balance, shares at Dec. 31, 2022 1,617,325      
Exercise of warrants $ 609 609
Exercise of warrants, shares 609,000      
Stock-based compensation 290,313 290,313
Net loss (4,931,947) (4,931,947)
Ending balance, value at Mar. 31, 2023 $ 2,226 59,137,229 (55,647,624) 3,491,831
Ending balance, shares at Mar. 31, 2023 2,226,325      
Beginning balance, value at Dec. 31, 2022 $ 1,617 58,846,916 (50,715,677) 8,132,856
Beginning balance, shares at Dec. 31, 2022 1,617,325      
Net loss       (8,953,181)
Ending balance, value at Jun. 30, 2023 $ 4,141 62,119,150 (59,668,858) 2,454,433
Ending balance, shares at Jun. 30, 2023 4,140,960      
Beginning balance, value at Mar. 31, 2023 $ 2,226 59,137,229 (55,647,624) 3,491,831
Beginning balance, shares at Mar. 31, 2023 2,226,325      
Common stock issued for cash, net $ 660 1,968,447 1,969,107
Common stock issued for cash, shares 659,677      
Exercise of warrants $ 1,255 723,804 725,059
Exercise of warrants, shares 1,254,958      
Stock-based compensation 289,670 289,670
Net loss (4,021,234) (4,021,234)
Ending balance, value at Jun. 30, 2023 $ 4,141 $ 62,119,150 $ (59,668,858) $ 2,454,433
Ending balance, shares at Jun. 30, 2023 4,140,960