Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders' Equity (Unaudited)

v3.23.2
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2021 $ 2,003 $ 2,656,713 $ 195,101,611 $ (171,274,128) $ 26,486,199
Balance, shares at Dec. 31, 2021 2,002,946 16,017,000      
Compensation expense relating to option issuances 90,247 90,247
Net loss (4,590,993) (4,590,993)
Balance at Mar. 31, 2022 $ 2,003 $ 2,656,713 195,191,858 (175,865,121) 21,985,453
Balance, shares at Mar. 31, 2022 2,002,946 16,017,000      
Balance at Dec. 31, 2021 $ 2,003 $ 2,656,713 195,101,611 (171,274,128) 26,486,199
Balance, shares at Dec. 31, 2021 2,002,946 16,017,000      
Net loss         (8,180,536)
Balance at Jun. 30, 2022 $ 2,003 $ 2,656,713 195,470,846 (179,454,664) 18,674,898
Balance, shares at Jun. 30, 2022 2,002,946 16,017,000      
Balance at Mar. 31, 2022 $ 2,003 $ 2,656,713 195,191,858 (175,865,121) 21,985,453
Balance, shares at Mar. 31, 2022 2,002,946 16,017,000      
Compensation expense relating to option issuances 278,988 278,988
Net loss (3,589,543) (3,589,543)
Balance at Jun. 30, 2022 $ 2,003 $ 2,656,713 195,470,846 (179,454,664) 18,674,898
Balance, shares at Jun. 30, 2022 2,002,946 16,017,000      
Balance at Dec. 31, 2022 $ 2,025 $ 1,592,723 196,977,071 (185,562,517) 13,009,302
Balance, shares at Dec. 31, 2022 2,024,657 9,467,000      
Compensation expense relating to option issuances 79,966 79,966
Net loss (2,844,837) (2,844,837)
Balance at Mar. 31, 2023 $ 2,025 $ 1,592,723 197,057,037 (188,407,354) 10,244,431
Balance, shares at Mar. 31, 2023 2,024,657 9,467,000      
Balance at Dec. 31, 2022 $ 2,025 $ 1,592,723 196,977,071 (185,562,517) 13,009,302
Balance, shares at Dec. 31, 2022 2,024,657 9,467,000      
Net loss         (5,895,423)
Balance at Jun. 30, 2023 $ 2,025 $ 1,592,723 197,120,665 (191,457,940) 7,257,473
Balance, shares at Jun. 30, 2023 2,024,657 9,467,000      
Balance at Mar. 31, 2023 $ 2,025 $ 1,592,723 197,057,037 (188,407,354) 10,244,431
Balance, shares at Mar. 31, 2023 2,024,657 9,467,000      
Compensation expense relating to option issuances 63,628 63,628
Net loss (3,050,586) (3,050,586)
Balance at Jun. 30, 2023 $ 2,025 $ 1,592,723 $ 197,120,665 $ (191,457,940) $ 7,257,473
Balance, shares at Jun. 30, 2023 2,024,657 9,467,000