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

Consolidated Statements of Changes in Shareholders' Equity

v3.25.0.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balances 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 550,083 550,083
Compensation expense relating to restricted stock issuances $ 140 466,605 466,745
Balance, shares 140,000        
Issuance of Series F preferred stock 8,947,834 8,947,834
Balance, shares   8,000,000      
Conversion of Series F preferred stock to common stock $ 511 (511)
Balance, shares 511,308 (511,803)      
Common stock issued in private placement $ 405 849,522 849,927
Balance, shares 404,728        
Net loss (20,655,737) (20,655,737)
Balances at Dec. 31, 2023 $ 3,081 $ 1,592,723 207,790,604 (206,218,254) 3,168,154
Balance, shares at Dec. 31, 2023 3,080,693 16,955,197      
Compensation expense relating to option issuances 516,049 516,049
Net loss (10,567,918) (10,567,918)
Sale of common stock $ 5,578 6,663,553 6,669,860
Balance, shares 5,548,378        
Conversion of Series A and B preferred Stock to common stock $ 22 $ (1,592,723) 1,592,701
Balance, shares 22,528 (9,467,000)      
Conversion of prefunded warrants to common stock $ 3,889 (1,190) 1,970
Balance, shares 3,888,501        
Balances at Dec. 31, 2024 $ 12,570 $ 216,561,717 $ (216,786,172) $ (211,885)
Balance, shares at Dec. 31, 2024 12,570,100 7,488,197