Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited)

v3.23.1
Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Series F Convertible Preferred Stock [Member]
Preferred Stock [Member]
Series D Convertible Preferred Stock [Member]
Common Stock [Member]
Retained Earnings [Member]
Series F Convertible Preferred Stock [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 144,524 $ 102,064,218 $ (78,561,568)   $ 23,647,174
Beginning balance, shares at Dec. 31, 2021 72,992 37,673,110      
Net loss (4,122,033)   (4,122,033)
Stock-based compensation – stock options 81,002   81,002
Exercise of prepaid equity forward contracts for common stock  
Exercise of prepaid equity forward contracts for common stock, shares     385,135      
Stock-based compensation – restricted stock units $ 15,998   15,998
Ending balance, value at Mar. 31, 2022 $ 144,524 $ 102,161,218 (82,683,601)   19,622,141
Ending balance, shares at Mar. 31, 2022 72,992 38,058,245      
Beginning balance, value at Dec. 31, 2022 $ 144,524 $ 108,309,436 (93,758,904)   14,695,056
Beginning balance, shares at Dec. 31, 2022 72,992 39,470,009      
Net loss (1,511,732)   (1,511,732)
Issuance of 15,000 shares of Series F Convertible Preferred Stock, net of discount and offering costs of $14,087,111 $ 912,889  
Net of discount and offering costs, share 15,000       15,000 550,000,000
Series F Convertible Preferred Stock Dividend (158,333)   $ (158,333)
Stock-based compensation – stock options 69,068   69,068
Ending balance, value at Mar. 31, 2023 $ 912,889 $ 144,524 $ 108,378,504 $ (95,428,969)   $ 13,094,059
Ending balance, shares at Mar. 31, 2023 15,000 72,992 39,470,009