Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS EQUITY

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STATEMENTS OF STOCKHOLDERS EQUITY - USD ($)
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Total
Balances, Beginning at Dec. 31, 2021 $ 833 $ 58,425,604 $ (43,925,373)   $ 14,501,064
Balances, Beginning (in shares) at Dec. 31, 2021 8,330,390        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares in public offering, net of costs $ 1,000 4,489,605     4,490,605
Issuance of common shares in public offering, net of costs (shares) 10,000,000        
Share-based compensation expense   582,659     582,659
Net loss     (12,247,834)   (12,247,834)
Balances, Ending at Dec. 31, 2022 $ 1,833 63,497,868 (56,173,207)   7,326,494
Balances, Ending (in shares) at Dec. 31, 2022 18,330,390        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares under Sales Agreement, net of costs $ 64 1,156,379     1,156,443
Issuance of common shares under Sales Agreement, net of costs (shares) 641,873        
Exercise of warrants $ 48 299,081     $ 299,129
Exercise of warrants (in shares) 478,625       285,674
Shares surrendered in cashless warrant exercises $ (19)     $ (299,110) $ (299,129)
Shares surrendered in cashless warrant exercises (in shares) (192,951)       192,951
Share-based compensation expense   619,972     $ 619,972
Net loss     (5,296,015)   (5,296,015)
Balances, Ending at Dec. 31, 2023 $ 1,926 $ 65,573,300 $ (61,469,222) $ (299,110) $ 3,806,894
Balances, Ending (in shares) at Dec. 31, 2023 19,257,937