Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Stockholders' Equity (Unaudited)

v3.22.2.2
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
Total
Offering
Common Stock
Common Stock
Offering
Additional Paid-In Capital
Additional Paid-In Capital
Offering
Accumulated Other Comprehensive Income
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 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 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   (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 (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   (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          
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