Annual report [Section 13 and 15(d), not S-K Item 405]

Statement of Shareholders' Equity

v3.25.1
Statement of Shareholders' Equity - USD ($)
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Balance, shares at Dec. 31, 2022   1,569,943    
Balance, amount at Dec. 31, 2022 $ (10,622) $ 1,570 $ 115,792,338 $ (115,804,530)
Employee and director equity-based compensation 867,359 $ 0 867,359 0
Private offering issuance of stock and warrants, net of issuance costs, shares   171,666    
Private offering issuance of stock and warrants, net of issuance costs, amount 3,634,963 $ 172 3,634,791 0
Debt discount for related party loan warrants 439,594 $ 0 439,594 0
Fractional Shares from Split, shares   (290)    
Fractional Shares from Split, amount 0 $ 0 0 0
Common stock issued on prefunded warrant exercise, shares   78,021    
Common stock issued on prefunded warrant exercise, amount 47 $ 78 (31) 0
Private sales of common stock - other, shares   125,324    
Private sales of common stock - other, amount 155,000 $ 125 154,875 0
Private sales of common stock - related party, shares   437,692    
Private sales of common stock - related party, amount 485,000 $ 438 484,562 0
Net loss for the year ended December 31, 2023 (7,777,184) $ 0 0 (7,777,184)
Balance, shares at Dec. 31, 2023   2,382,356    
Balance, amount at Dec. 31, 2023 (2,205,843) $ 2,383 121,373,488 (123,581,714)
Private sales of common stock - other, shares   598,054    
Private sales of common stock - other, amount 4,283,387 $ 598 4,282,789 0
Private sales of common stock - related party, shares   195,435    
Private sales of common stock - related party, amount 1,318,882 $ 195 1,318,687 0
Net loss for the year ended December 31, 2023 (13,384,836) $ 0 0 (13,384,836)
Employee and director equity-based compensation, shares   445,490    
Employee and director equity-based compensation, amount 9,473,513 $ 445 9,473,068 0
Balance, shares at Dec. 31, 2024   3,621,335    
Balance, amount at Dec. 31, 2024 $ (514,897) $ 3,621 $ 136,448,032 $ (136,966,550)