Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Convertible Preferred Stock and Stockholders' Equity

v3.24.1
Consolidated Statements of Changes in Convertible Preferred Stock and Stockholders' Equity - USD ($)
Preferred Stock [Member]
Convertible Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 4,044,318 $ 18,740 $ 12,703,896 $ (28,513,355) $ (15,790,719)
Beginning balance, shares at Dec. 31, 2021 756,558 2,677,140      
Stock-based compensation $ 208 248,384 248,592
Stock-based compensation, shares   29,728      
Fair value of warrants issued 462,344 462,344
Beneficial conversion feature for bridge notes (185) (185)
Debt discount for warrants issued 352,250 352,250
Common stock issued upon initial public offering, net of underwriters’ commission and offering costs of $1.8 million $ 8,978 6,018,436 6,027,414
Common stock issued upon initial public offering, net of underwriters' commission and offering costs of $1.8 million, shares   1,282,600      
Common stock issued on conversion of convertible preferred stock $ (4,044,318) $ 5,296 4,039,022 4,044,318
Common stock issued on conversion of convertible preferred stock, shares (756,558) 756,558      
Common stock issued on conversion of notes payable $ 17,738 16,047,594 16,065,332
Common stock issued on conversion of notes payable, shares   2,533,964      
Exercise of warrants $ 7,255 7,706,055 7,713,310
Exercise of warrants, shares   1,036,486      
Exercise of stock options $ 454 74,446 74,900
Exercise of stock options, shares   64,848      
Net loss (8,154,113) (8,154,113)
Ending balance, value at Dec. 31, 2022 $ 58,669 47,652,242 (36,667,468) 11,043,443
Ending balance, shares at Dec. 31, 2022 8,381,324      
Stock-based compensation $ 3,138 745,685 748,823
Stock-based compensation, shares   448,314      
Net loss (7,937,011) (7,937,011)
Stock issued in connection with the acquisition $ 3,955 996,045 1,000,000
Stock issued in connection with the acquisition, shares   564,972      
Ending balance, value at Dec. 31, 2023 $ 65,762 $ 49,393,972 $ (44,604,479) $ 4,855,255
Ending balance, shares at Dec. 31, 2023 9,394,610