Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholder's Equity (Unaudited)

v3.23.3
Statements of Stockholder's Equity (Unaudited) - USD ($)
Total
Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Balance, shares at Dec. 31, 2021   520,539    
Balance, amount at Dec. 31, 2021 $ 10,107,104 $ 52 $ 46,089,327 $ (35,982,275)
Stock-based compensation 531,566 0 531,566 0
Net loss (2,786,151) $ 0 0 (2,786,151)
Balance, shares at Mar. 31, 2022   520,539    
Balance, amount at Mar. 31, 2022 7,852,519 $ 52 46,620,893 (38,768,426)
Balance, shares at Dec. 31, 2021   520,539    
Balance, amount at Dec. 31, 2021 10,107,104 $ 52 46,089,327 (35,982,275)
Net loss (7,941,311)      
Balance, shares at Sep. 30, 2022   756,389    
Balance, amount at Sep. 30, 2022 7,470,567 $ 76 51,394,076 (43,923,585)
Balance, shares at Mar. 31, 2022   520,539    
Balance, amount at Mar. 31, 2022 7,852,519 $ 52 46,620,893 (38,768,426)
Stock-based compensation 205,947 0 205,947 0
Net loss (2,730,573) $ 0 0 (2,730,573)
Issuance of common stock and warrants, net of issuance costs, shares   56,162    
Issuance of common stock and warrants, net of issuance costs, amount 4,276,365 $ 6 4,276,359 0
Issuance of common stock upon exercise of pre-funded warrants, shares   54,688    
Issuance of common stock upon exercise of pre-funded warrants, amount 87 $ 5 82 0
Issuance of restricted stock unit awards 55,625 $ 0 55,625 0
Balance, shares at Jun. 30, 2022   631,389    
Balance, amount at Jun. 30, 2022 9,659,970 $ 63 51,158,906 (41,498,999)
Stock-based compensation 179,358 0 179,358 0
Net loss (2,424,586) $ 0 0 (2,424,586)
Issuance of common stock upon exercise of pre-funded warrants, shares   125,000    
Issuance of common stock upon exercise of pre-funded warrants, amount 200 $ 13 187 0
Issuance of restricted stock unit awards 55,625 $ 0 55,625 0
Balance, shares at Sep. 30, 2022   756,389    
Balance, amount at Sep. 30, 2022 7,470,567 $ 76 51,394,076 (43,923,585)
Balance, shares at Dec. 31, 2022   770,115    
Balance, amount at Dec. 31, 2022 6,021,854 $ 77 51,614,965 (45,593,188)
Stock-based compensation 131,260 0 131,260 0
Net loss (2,240,142) $ 0 0 (2,240,142)
Issuance of common stock and warrants, net of issuance costs, shares   85,000    
Issuance of common stock and warrants, net of issuance costs, amount 4,174,985 $ 9 4,174,976 0
Issuance of common stock upon exercise of pre-funded warrants, shares   1,533,123    
Issuance of common stock upon exercise of pre-funded warrants, amount 153 $ 153 0 0
Settlement of fractional shares paid in cash, shares   (81)    
Settlement of fractional shares paid in cash, amount (40) $ 0 (40) 0
Balance, shares at Mar. 31, 2023   2,388,157    
Balance, amount at Mar. 31, 2023 8,088,070 $ 239 55,921,161 (47,833,330)
Balance, shares at Dec. 31, 2022   770,115    
Balance, amount at Dec. 31, 2022 6,021,854 $ 77 51,614,965 (45,593,188)
Net loss (5,660,717)      
Balance, shares at Sep. 30, 2023   3,189,034    
Balance, amount at Sep. 30, 2023 6,406,566 $ 319 57,660,152 (51,253,905)
Balance, shares at Mar. 31, 2023   2,388,157    
Balance, amount at Mar. 31, 2023 8,088,070 $ 239 55,921,161 (47,833,330)
Stock-based compensation 131,177 0 131,177 0
Net loss (1,701,364) $ 0 0 (1,701,364)
Issuance of common stock and warrants, net of issuance costs, shares   458,555    
Issuance of common stock and warrants, net of issuance costs, amount 1,512,102 $ 46 1,512,056 0
Issuance of common stock upon exercise of pre-funded warrants, shares   342,322    
Issuance of common stock upon exercise of pre-funded warrants, amount 34 $ 34 0 0
Balance, shares at Jun. 30, 2023   3,189,034    
Balance, amount at Jun. 30, 2023 8,030,019 $ 319 57,564,394 (49,534,694)
Stock-based compensation 131,177 0 131,177 0
Net loss (1,719,211) 0 0 (1,719,211)
Issuance costs (35,419) $ 0 (35,419) 0
Balance, shares at Sep. 30, 2023   3,189,034    
Balance, amount at Sep. 30, 2023 $ 6,406,566 $ 319 $ 57,660,152 $ (51,253,905)