Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.25.1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 65,762 $ 49,393,972 $ (44,604,479) $ 4,855,255
Balance, shares at Dec. 31, 2023 9,394,610      
Stock-based compensation expense $ 1,099 282,613 283,712
Stock-based compensation expense, shares   157,033      
Offering costs (495,000) (495,000)
Net loss (1,961,815) (1,961,815)
Exercise of stock options $ 454 74,445 74,899
Exercise of stock options, shares   68,848      
Sale of common stock $ 11,200 2,488,800 2,500,000
Sale of common stock, shares   1,600,000      
Balance at Mar. 31, 2024 $ 78,515 51,744,830 (46,566,294) 5,257,051
Balance, shares at Mar. 31, 2024 11,220,551      
Balance at Dec. 31, 2024 $ 106,593 56,139,753 (53,644,310) 2,602,036
Balance, shares at Dec. 31, 2024 15,227,619      
Stock-based compensation expense $ 1,115 325,501 326,616
Stock-based compensation expense, shares   159,259      
Exercise of stock warrants $ 17,069 1,501,398 1,518,467
Exercise of stock warrants, shares   2,438,473      
Offering costs (347,298) (347,298)
Net loss (2,660,417) (2,660,417)
Balance at Mar. 31, 2025 $ 124,777 $ 57,619,354 $ (56,304,727) $ 1,439,404
Balance, shares at Mar. 31, 2025 17,825,351