v3.25.2
Consolidated Statement of Changes in Stockholders' Equity (Deficit) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2022 $ 1,098 $ 51,169,898 $ (46,519,740) $ 4,651,256
Balance, shares at Dec. 31, 2022 1,097,843      
Issuance of preferred stock for cash, net of issuance costs $ 3 16,647 16,650
Issuance of common stock for cash, shares   2,725      
Issuance of fractional shares with reverse stock split $ 38 (38)
Issuance of fractional shares with reverse stock split, shares   37,753      
Issuance of employee stock options 40,131 40,131
Share based compensation expenses $ 10 42,890 42,900
Share based compensation, shares   10,000      
Issuance of preferred stock net of issuance costs $ 5 4,044,996 4,045,001
Issuance of preferred stock net of issuance costs, shares 4,550        
Dividends declared (130,000) (130,000)
Net loss (9,418,585) (9,418,585)
Balance at Dec. 31, 2023 $ 5 $ 1,149 55,184,524 (55,938,325) (752,647)
Balance, shares at Dec. 31, 2023 4,550 1,148,321      
Issuance of preferred stock for cash, net of issuance costs $ 48 4,490,010 4,490,058
Issuance of common stock for cash, shares 48,138      
Share based compensation expenses $ 17 35,398 35,415
Share based compensation, shares   16,665      
Dividends declared (3,132,653) (3,132,653)
Net loss (9,045,827) (9,045,827)
Capitalized dividends 2,738,243 2,738,243
Conversion of preferred stock into common shares $ (2) $ 2 28,886 28,886
Conversion of preferred stock into common shares, shares (2,186) 864,846      
Balance at Dec. 31, 2024 $ 51 $ 1,168 $ 59,344,408 $ (64,984,152) $ (5,638,525)
Balance, shares at Dec. 31, 2024 50,502 2,029,832