Quarterly report pursuant to Section 13 or 15(d)

Statements of Changes in Shareholders' Equity

v3.23.2
Statements of Changes in Shareholders' Equity - USD ($)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Series C Preferred Stock [Member]
Preferred Stock [Member]
Series D Preferred Stock [Member]
Preferred Stock [Member]
Series E Preferred Stock [Member]
Preferred Stock [Member]
Series F Preferred Stock [Member]
Preferred Stock [Member]
Series G Preferred Stock [Member]
Preferred Stock [Member]
Beginning Balance at Dec. 31, 2021 $ 57,896,523   $ 86 $ 156,184,327 $ (98,287,890) $ 0 $ 0 $ 0 $ 0 $ 0
Balance, shares at Dec. 31, 2021     861,997     0 0 9 0 0
Issuance of preferred stock 1,833,995     1,833,995            
Issuance of preferred stock , shares               0 2,500 2,500
Adoption of lease guidance 97,310       97,310          
Stock based compensation expense 13,101     13,101            
Net loss (12,103,938)       (12,103,938)          
Ending Balance at Mar. 31, 2022 47,736,991   $ 86 158,031,423 (110,294,518) $ 0 $ 0 $ 0 $ 0 $ 0
Ending Balance, shares at Mar. 31, 2022     861,997     0 0 9 2,500 2,500
Beginning Balance at Dec. 31, 2021 57,896,523   $ 86 156,184,327 (98,287,890) $ 0 $ 0 $ 0 $ 0 $ 0
Balance, shares at Dec. 31, 2021     861,997     0 0 9 0 0
Net loss (24,239,990)                  
Ending Balance at Jun. 30, 2022 41,321,512 $ 0 $ 572 163,751,509 (122,430,569) $ 0 $ 0 $ 0   $ 0
Ending Balance, shares at Jun. 30, 2022     5,722,743     0 0 9 2,500 2,500
Beginning Balance at Mar. 31, 2022 47,736,991   $ 86 158,031,423 (110,294,518) $ 0 $ 0 $ 0 $ 0 $ 0
Balance, shares at Mar. 31, 2022     861,997     0 0 9 2,500 2,500
Issuance of common stock and warrants, net of issuance costs 1,849,072   $ 316 1,848,756            
Issuance of common stock and warrants, net of issuance costs, shares     3,157,895              
Issuance of common stock upon exercise of warrants 6,358,399   $ 155 6,358,244            
Issuance of common stock upon exercise of warrants, shares     1,549,211              
Cashless warrants exercised     $ 15 (15)            
Cashless warrants exercised, shares     153,640              
Repurchase of common stock warrants (2,500,000)     (2,500,000)            
Stock based compensation expense 13,101     13,101            
Net loss (12,136,051)       (12,136,051)          
Ending Balance at Jun. 30, 2022 41,321,512 $ 0 $ 572 163,751,509 (122,430,569) $ 0 $ 0 $ 0   $ 0
Ending Balance, shares at Jun. 30, 2022     5,722,743     0 0 9 2,500 2,500
Beginning Balance at Dec. 31, 2022 29,707,944   $ 1,408 174,659,589 (144,953,053) $ 0 $ 0 $ 0 $ 0 $ 0
Balance, shares at Dec. 31, 2022     14,078,997     0 0 9 2,500 2,500
Issuance of common stock from prefunded warrants, shares     867,445              
Issuance of common stock from prefunded warrants     $ 87 (87)            
Stock based compensation expense 115,139     115,139            
Net loss (8,275,162)       (8,275,162)          
Ending Balance at Mar. 31, 2023 21,547,921   $ 1,495 174,774,641 (153,228,215) $ 0 $ 0 $ 0 $ 0
Ending Balance, shares at Mar. 31, 2023     14,946,442     0 0 9 2,500 2,500
Beginning Balance at Dec. 31, 2022 29,707,944   $ 1,408 174,659,589 (144,953,053) $ 0 $ 0 $ 0 $ 0 $ 0
Balance, shares at Dec. 31, 2022     14,078,997     0 0 9 2,500 2,500
Net loss (14,000,532)                  
Ending Balance at Jun. 30, 2023 16,487,901   $ 2,592 175,438,894 (158,953,585) $ 0 $ 0 $ 0
Ending Balance, shares at Jun. 30, 2023     25,922,053     0 0 9 2,500 2,500
Beginning Balance at Mar. 31, 2023 21,547,921   $ 1,495 174,774,641 (153,228,215) $ 0 $ 0 $ 0 $ 0
Balance, shares at Mar. 31, 2023     14,946,442     0 0 9 2,500 2,500
Issuance of common stock, net of issuance costs 551,833   $ 1,097 550,736            
Issuance of common stock, net of issuance costs ,Share     10,975,611              
Stock based compensation expense 113,517     113,517            
Net loss (5,725,370)       (5,725,370)          
Ending Balance at Jun. 30, 2023 $ 16,487,901   $ 2,592 $ 175,438,894 $ (158,953,585) $ 0 $ 0 $ 0
Ending Balance, shares at Jun. 30, 2023     25,922,053     0 0 9 2,500 2,500