v3.25.2
Condensed Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock Series B [Member]
Preferred Stock Series C [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2023 $ 0 $ 0 $ 50 $ 80,963,700 $ (80,543,330) $ 420,420
Beginning balance, shares at Dec. 31, 2023 0 0 50,245      
Issuance of common shares, net of costs $ 79 3,606,429 3,606,508
Issuance of common shares, net of costs, shares     78,826      
Offering costs (44,404) (44,404)
Share-based compensation 173,289 173,289
Net loss (2,207,328) (2,207,328)
Ending balance, value at Mar. 31, 2024 $ 0 $ 0 $ 129 84,699,014 (82,750,658) 1,948,485
Ending balance, shares at Mar. 31, 2024 0 0 129,071      
Beginning balance, value at Dec. 31, 2023 $ 0 $ 0 $ 50 80,963,700 (80,543,330) 420,420
Beginning balance, shares at Dec. 31, 2023 0 0 50,245      
Net loss           (4,510,753)
Ending balance, value at Jun. 30, 2024 $ 2 $ 0 $ 164 89,762,481 (85,054,083) 4,708,564
Ending balance, shares at Jun. 30, 2024 2,314 0 164,364      
Beginning balance, value at Mar. 31, 2024 $ 0 $ 0 $ 129 84,699,014 (82,750,658) 1,948,485
Beginning balance, shares at Mar. 31, 2024 0 0 129,071      
Issuance of common shares, net of costs $ 35 1,245,965 1,246,000
Issuance of common shares, net of costs, shares     35,293      
Issuance of Series B preferred stock and warrants $ 2 2,238,575 2,238,577
Issuance of Series B preferred stock and warrants, shares 2,314          
Conversion of debt to equity 1,543,772 1,543,772
Offering costs (97,333) (97,333)
Share-based compensation 132,488 132,488
Net loss (2,303,425) (2,303,425)
Ending balance, value at Jun. 30, 2024 $ 2 $ 0 $ 164 89,762,481 (85,054,083) 4,708,564
Ending balance, shares at Jun. 30, 2024 2,314 0 164,364      
Beginning balance, value at Dec. 31, 2024 $ 2 $ 0 $ 398 94,122,356 (89,428,436) 4,694,320
Beginning balance, shares at Dec. 31, 2024 2,314 0 397,731      
Issuance of common shares, net of costs $ 79 672,716 672,795
Issuance of common shares, net of costs, shares     78,947      
Series B preferred stock converted to common stock $ 17 (139,027) (139,010)
Series B preferred stock converted to common stock, shares (140)   16,654      
Offering costs (55,120) (55,120)
Share-based compensation 76,906 76,906
Issuance of restricted stock units 0 0 $ 0 0 0 0
Issuance of restricted stock units, shares     190      
Capitalized dividends converted to common stock $ 16 139,560 139,576
Capitalized dividends converted to common stock, shares     16,654      
Capitalized dividends 0 0 $ 0 58,758 (58,758) 0
Net loss (1,752,565) (1,752,565)
Ending balance, value at Mar. 31, 2025 $ 2 $ 0 $ 510 94,876,149 (91,239,759) 3,636,902
Ending balance, shares at Mar. 31, 2025 2,174 0 510,176      
Beginning balance, value at Dec. 31, 2024 $ 2 $ 0 $ 398 94,122,356 (89,428,436) 4,694,320
Beginning balance, shares at Dec. 31, 2024 2,314 0 397,731      
Net loss           (3,321,218)
Ending balance, value at Jun. 30, 2025 $ 1 $ 1 $ 655 95,724,012 (92,852,762) 2,871,907
Ending balance, shares at Jun. 30, 2025 1,535 750 654,959      
Beginning balance, value at Mar. 31, 2025 $ 2 $ 0 $ 510 94,876,149 (91,239,759) 3,636,902
Beginning balance, shares at Mar. 31, 2025 2,174 0 510,176      
Issuance of common shares, net of costs $ 25 82,475 82,500
Issuance of common shares, net of costs, shares     25,000      
Issuance of Series C preferred stock and warrants, net of issuance costs $ 1 699,999 700,000
Issuance of Series C preferred stock and warrants, net of issuance costs, shares   750        
Series B preferred stock converted to common stock (1) 120 (119)
Series B preferred stock converted to common stock, shares (639)   119,748      
Share-based compensation 21,158 21,158
Capitalized dividends 0 0 0 44,350 (44,350) 0
Net loss (1,568,653) (1,568,653)
Reverse stock split adjustment, shares     35      
Ending balance, value at Jun. 30, 2025 $ 1 $ 1 $ 655 $ 95,724,012 $ (92,852,762) $ 2,871,907
Ending balance, shares at Jun. 30, 2025 1,535 750 654,959