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

Consolidated Statements of Changes in Stockholders' Equity

v3.25.4
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Preferred Stock [Member]
Convertible Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023   $ 2,192 $ 49,457,542 $ (44,604,479) $ 4,855,255
Balance, shares at Dec. 31, 2023   313,153 [1]      
Stock-based compensation   $ 128 989,553 989,681
Stock-based compensation, shares [1]     18,308      
Exercise of stock options     $ 49 74,850   74,899
Exercise of stock options, shares [1]     6,931      
Exercise of stock warrants   $ 249 1,370,898 1,371,147
Exercise of stock warrants, shares [1]     35,558      
Sale of common stock   $ 935 5,611,848 5,612,783
Sale of common stock, shares [1]     133,570      
Offering costs     (1,261,898) (1,261,898)
Net loss   (9,039,381) (9,039,831)
Balance at Dec. 31, 2024   $ 3,553 56,242,793 (53,644,310) 2,602,036
Balance, shares at Dec. 31, 2024   507,520 [1]      
Stock-based compensation   $ 104 671,370 671,474
Stock-based compensation, shares [1]     14,816      
Exercise of stock warrants   $ 7,987 4,806,040 4,814,027
Exercise of stock warrants, shares [1]     1,140,947      
Sale of common stock   $ 19,523 8,110,609 8,130,132
Sale of common stock, shares [1]     2,788,933      
Offering costs     (1,771,939) (1,771,939)
Net loss   (14,909,754) (14,909,754)
Issuance of preferred stock 1   989,999 990,000
Issuance of preferred stock, shares   990        
Conversion of preferred stock     $ 294 (294)
Conversion of preferred stock, shares   (290) (42,028) [1]      
Conversion of preferred stock, shares   290 42,028 [1]      
Reclass of warrant liability to equity       6,751,680   6,751,680
Balance at Dec. 31, 2025 $ 1   $ 31,461 $ 75,800,258 $ (68,554,064) $ 7,277,656
Balance, shares at Dec. 31, 2025   700 4,494,304 [1]      
[1] The values of Common Stock and paid-in capital, as well as the number of shares issued and outstanding, have been retroactively adjusted in order to give effect to the Company’s 1-for-30 reverse stock split.