Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Changes in Stockholders' Equity

v3.25.1
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, 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        
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        
Net loss (11,121,520) (11,121,520)
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)    
Stock-based compensation $ 6 629,508 629,514
Stock-based compensation, shares 62,502        
Shares issued in connection with capital raises, net of transaction costs $ 236 7,762,843 7,763,079
Shares issued in connection with capital raises, net of transaction costs, shares 2,356,549        
Settlement of stock award (8,561) (8,561)
Net loss (11,850,118) (11,850,118)
Shares issued in connection with license agreement $ 1 188,999 189,000
Shares issued in connection with license agreement, shares 5,000        
Shares withheld to pay income taxes on stock-based compensation $ (1) (15,901) (15,902)
Shares withheld to pay income taxes on stock-based compensation, shares (7,423)        
Balance at Dec. 31, 2024 $ 371 $ 89,214,999 $ (300,000) $ (87,219,199) $ 1,696,171
Balance, shares at Dec. 31, 2024 3,707,628   (5,000)