v3.25.2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Comprehensive Income
Total
Equity, Attributable to Parent, Beginning Balance at Dec. 31, 2022 $ 0 $ 1,620 $ 21,355,478 $ (4,803,106) $ (177,320) $ 16,376,672
Shares, Outstanding, Beginning Balance at Dec. 31, 2022 1 16,224,757        
Preferred share subscription, less offering costs $ 246 $ 0 140,123 0 0 140,369
Preferred share subscription, less offering costs 246,020          
Common share subscription, less offering costs $ 0 $ 8 111,369 0 0 111,377
Common share subscription, less offering costs   78,334        
Share based compensation 0 $ 0 634,783 0 0 634,783
Stock warrants issued 0 0 285,513 0 0 285,513
Common share issued on warrant exercise 0 $ 2 (2) 0 0 0
Common share issued on warrant exercise, Shares   20,000        
Other comprehensive gain (loss) 0 $ 0 0 0 (24,185) (24,185)
Net loss 0 0 0 (4,436,472) 0 (4,436,472)
Equity, Attributable to Parent, Ending Balance at Dec. 31, 2023 $ 246 $ 1,630 22,527,264 (9,239,578) (201,505) 13,088,057
Shares, Outstanding, Ending Balance at Dec. 31, 2023 246,021 16,323,091        
Preferred share subscription, less offering costs $ 123 $ 0 267,003 0 0 267,126
Preferred share subscription, less offering costs 123,200          
Common share subscription, less offering costs $ 0 $ 225 6,215,112 0 0 6,215,337
Common share subscription, less offering costs   2,223,858        
Share based compensation 0 $ 0 632,205 0 0 632,205
Stock warrants issued 0 0 2,860,370 0 0 2,860,370
Common share issued on warrant exercise 0 $ 23 3,064,585 0 0 3,064,608
Common share issued on warrant exercise, Shares   225,400        
Other comprehensive gain (loss) 0 $ 0 0 0 (8,203) (8,203)
Net loss 0 0 0 (14,728,511) 0 (14,728,511)
Equity, Attributable to Parent, Ending Balance at Dec. 31, 2024 0 $ 1,903 35,674,391 (23,968,089) (209,708) 11,498,497
Shares, Outstanding, Ending Balance at Dec. 31, 2024   19,027,208        
Common shares issued on preferred share conversion $ (369) $ 23 346 0 0 0
Common shares issued on preferred share conversion, Shares (369,221) 232,461        
Debt converted to common shares $ 0 $ 2 $ 107,506 $ 0 $ 0 $ 107,508
Debt converted to common shares, Shares   22,398