Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.24.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2021 $ 79 $ 62,308,353 $ (36,823,332) $ 25,485,100
Balance. shares at Dec. 31, 2021 785,512      
Acquisition of treasury stock $ (300,000) (300,000)
Acquisition of treasury stock, shares     (5,000)    
Stock-based compensation $ 1 8,948,712 8,948,713
Stock-based compensation, shares 11,890        
Shares issued in connection with the Purchase Agreement with Lincoln Park $ 1 449,999 450,000
Shares issued in connection with the Purchase Agreement with Lincoln Park, shares 6,181        
Shares issued in connection with license agreement 400,000 400,000
Shares issued in connection with license agreement, shares 5,000        
Shares withheld to pay income taxes on stock-based compensation $ (1) (88,842) (88,843)
Shares withheld to pay income taxes on stock-based compensation, shares (1,809)        
Net loss (27,424,229) (27,424,229)
Balance at Dec. 31, 2022 $ 80 72,018,222 $ (300,000) (64,247,561) 7,470,741
Balance. shares at Dec. 31, 2022 806,774   (5,000)    
Stock-based compensation $ 1 1,060,338 1,060,339
Stock-based compensation, shares 6,945        
Net loss (11,121,520) (11,121,520)
Shares issued in connection with capital raises, net of transaction costs $ 42 6,352,035 6,352,077
Shares issued in connection with capital raises, net of transaction costs, shares 421,611        
Warrant granted in connection with a consulting agreement 1,310,875 1,310,875
Settlement of stock award (52,746) (52,746)
Other $ 6 (30,613) (30,607)
Other, shares 55,670        
Balance at Dec. 31, 2023 $ 129 $ 80,658,111 $ (300,000) $ (75,369,081) $ 4,989,159
Balance. shares at Dec. 31, 2023 1,291,000   (5,000)