General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Stockholders' Equity

v3.24.2.u1
Condensed Consolidated Statements of 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, 2021 $ 4,044,318   $ 18,740 $ 12,703,896 $ (28,513,355) $ (15,790,719)
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 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      
Exercise of stock options   $ 454 74,446 74,900
Exercise of stock options, shares     64,848      
Exercise of warrants   $ 7,255 7,706,055 7,713,310
Exercise of warrants, shares     1,036,486      
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      
Net loss   (8,154,113) (8,154,113)
Common stock issued upon initial public offering, net of underwriters' commission and offering costs of $1.8 million, shares     1,282,600      
Balance at Dec. 31, 2022 $ 58,669 47,652,242 (36,667,468) 11,043,443
Balance, shares at Dec. 31, 2022 8,381,324      
Stock-based compensation   $ 1,218 326,650 327,868
Stock-based compensation, shares     174,041      
Net loss (3,272,963) (3,272,963)
Balance at Jun. 30, 2023 $ 59,887 47,978,892 (39,940,431) 8,098,348
Balance, shares at Jun. 30, 2023   8,555,365      
Balance at Dec. 31, 2022 $ 58,669 47,652,242 (36,667,468) 11,043,443
Balance, shares at Dec. 31, 2022 8,381,324      
Stock-based compensation   $ 3,138 745,685 748,823
Stock-based compensation, shares     448,314      
Stock issued in connection with the acquisition   $ 3,955 996,045 1,000,000
Net loss   (7,937,011) (7,937,011)
Common stock issued upon initial public offering, net of underwriters' commission and offering costs of $1.8 million, shares     9,505,255      
Stock issued in connection with the acquisition, shares     564,972      
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      
Balance at Mar. 31, 2023 $ 59,241 47,809,283 (38,200,258) 9,668,266
Balance, shares at Mar. 31, 2023   8,463,052      
Stock-based compensation   $ 646 169,609 170,255
Stock-based compensation, shares     92,313      
Net loss (1,740,173) (1,740,173)
Balance at Jun. 30, 2023 $ 59,887 47,978,892 (39,940,431) 8,098,348
Balance, shares at Jun. 30, 2023   8,555,365      
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 $ 1,991 567,916 569,907
Stock-based compensation, shares     284,357      
Exercise of stock options $ 454 74,445 74,899
Exercise of stock options, shares     208,031      
Exercise of warrants 147 147
Exercise of warrants, shares     48      
Common stock issued on conversion of notes payable $ 11,200 2,488,800 2,500,000
Common stock issued on conversion of notes payable, shares     1,600,000      
Offering costs   (495,000) (495,000)
Net loss (4,072,094) (4,072,094)
Common stock issued upon initial public offering, net of underwriters' commission and offering costs of $1.8 million, shares     11,752,178      
Balance at Jun. 30, 2024 $ 79,407 52,030,280 (48,676,573) 3,433,114
Balance, shares at Jun. 30, 2024   11,487,046      
Balance at Mar. 31, 2024 $ 78,515 51,744,830 (46,566,294) 5,257,051
Balance, shares at Mar. 31, 2024   11,216,491      
Stock-based compensation $ 892 285,303 286,195
Stock-based compensation, shares     127,324      
Exercise of stock options  
Exercise of stock options, shares     143,183      
Exercise of warrants   147 147
Exercise of warrants, shares     48      
Net loss (2,110,279) (2,110,279)
Balance at Jun. 30, 2024 $ 79,407 $ 52,030,280 $ (48,676,573) $ 3,433,114
Balance, shares at Jun. 30, 2024   11,487,046