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

Condensed Consolidated Statements of Stockholders' Equity

v3.24.3
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
Preferred Stock [Member]
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      
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 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 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)
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, 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      
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   $ 1,911 512,402 514,313
Stock-based compensation, shares     270,587      
Net loss   (5,563,847) (5,563,847)
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 Sep. 30, 2023   $ 64,535 49,160,689 (42,231,315) 6,993,909
Ending balance, shares at Sep. 30, 2023   9,216,883      
Beginning balance, value at Dec. 31, 2022 $ 58,669 47,652,242 (36,667,468) 11,043,443
Beginning 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      
Common stock issued upon initial public offering, net of underwriters' commission and offering costs of $1.8 million, shares     9,505,255      
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      
Beginning balance, value at Jun. 30, 2023   $ 59,887 47,978,892 (39,940,431) 8,098,348
Beginning balance, shares at Jun. 30, 2023   8,555,365      
Stock-based compensation   $ 693 185,752 186,445
Stock-based compensation, shares     96,546      
Net loss   (2,290,884) (2,290,884)
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 Sep. 30, 2023   $ 64,535 49,160,689 (42,231,315) 6,993,909
Ending balance, shares at Sep. 30, 2023   9,216,883      
Beginning balance, value at Dec. 31, 2023 $ 65,762 49,393,972 (44,604,479) 4,855,255
Beginning balance, shares at Dec. 31, 2023 9,394,610      
Stock-based compensation   $ 2,661 752,933 755,594
Stock-based compensation, shares     379,962      
Exercise of stock options   $ 454 74,445 74,899
Exercise of stock options, shares     208,031      
Exercise of warrants   $ 7,467 1,335,910 1,343,377
Exercise of warrants, shares     1,066,763      
Common stock issued on conversion of notes payable   $ 13,720 2,936,280 2,950,000
Common stock issued on conversion of notes payable, shares     1,960,000      
Offering costs   (785,167) (785,167)
Net loss   (6,072,934) (6,072,934)
Common stock issued upon initial public offering, net of underwriters' commission and offering costs of $1.8 million, shares     13,424,648      
Ending balance, value at Sep. 30, 2024   $ 90,064 53,708,374 (50,677,413) 3,121,025
Ending balance, shares at Sep. 30, 2024   13,009,366      
Beginning balance, value at Jun. 30, 2024   $ 79,407 52,030,280 (48,676,573) 3,433,114
Beginning balance, shares at Jun. 30, 2024   11,487,046      
Stock-based compensation   $ 670 185,017 185,687
Stock-based compensation, shares     95,605      
Exercise of warrants   $ 7,467 1,335,763 1,343,230
Exercise of warrants, shares     1,066,715      
Common stock issued on conversion of notes payable   $ 2,520 447,480 450,000
Common stock issued on conversion of notes payable, shares     360,000      
Offering costs   (290,167) (290,167)
Net loss   (2,000,840) (2,000,840)
Ending balance, value at Sep. 30, 2024   $ 90,064 $ 53,708,374 $ (50,677,413) $ 3,121,025
Ending balance, shares at Sep. 30, 2024   13,009,366