Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Shareholders Equity (Unaudited)

v3.23.2
Condensed Consolidated Statement of Changes in Shareholders Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Series F Convertible Preferred Stock [Member]
Preferred Stock [Member]
Series D Convertible Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2021 $ 144,524   $ 102,064,218 $ (78,561,568) $ 23,647,174
Balance, shares at Dec. 31, 2021 72,992   37,673,110    
Net loss   (4,122,034) (4,122,034)
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       385,135    
Stock based compensation - restricted stock units   $ 15,998 15,998
Balance at Mar. 31, 2022 $ 144,524   $ 102,161,218 (82,683,602) 19,622,140
Balance, shares at Mar. 31, 2022 72,992   38,058,245    
Balance at Dec. 31, 2021 $ 144,524   $ 102,064,218 (78,561,568) 23,647,174
Balance, shares at Dec. 31, 2021 72,992   37,673,110    
Net loss           (7,758,077)
Balance at Jun. 30, 2022 $ 144,524   $ 102,293,464 (86,319,645) 16,118,343
Balance, shares at Jun. 30, 2022 72,992   38,058,245    
Balance at Mar. 31, 2022 $ 144,524   $ 102,161,218 (82,683,602) 19,622,140
Balance, shares at Mar. 31, 2022 72,992   38,058,245    
Net loss   (3,636,043) (3,636,043)
Stock based compensation - stock options   132,246 132,246
Balance at Jun. 30, 2022 $ 144,524   $ 102,293,464 (86,319,645) 16,118,343
Balance, shares at Jun. 30, 2022 72,992   38,058,245    
Balance at Dec. 31, 2022 $ 144,524   $ 108,309,436 (93,758,904) 14,695,056
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  
Issuance of 15,000 shares of Series F Convertible Preferred Stock, net of discount and offering costs of $14,087,111, shares 15,000          
Series F Convertible Preferred Stock Dividend   (158,333) (158,333)
Stock based compensation - stock options   69,068 69,068
Balance at Mar. 31, 2023 $ 912,889 $ 144,524   $ 108,378,504 (95,428,969) 13,094,059
Balance, shares at Mar. 31, 2023 15,000 72,992   39,470,009    
Balance at Dec. 31, 2022 $ 144,524   $ 108,309,436 (93,758,904) 14,695,056
Balance, shares at Dec. 31, 2022 72,992   39,470,009    
Net loss           $ (5,679,385)
Issuance of 15,000 shares of Series F Convertible Preferred Stock, net of discount and offering costs of $14,087,111, shares       2,368,654   2,348,213
Balance at Jun. 30, 2023 $ 760,742 $ 144,524   $ 110,567,664 (99,970,418) $ 10,741,770
Balance, shares at Jun. 30, 2023 12,500 72,992   42,027,133    
Balance at Mar. 31, 2023 $ 912,889 $ 144,524   $ 108,378,504 (95,428,969) 13,094,059
Balance, shares at Mar. 31, 2023 15,000 72,992   39,470,009    
Net loss   (4,167,653) (4,167,653)
Issuance of 15,000 shares of Series F Convertible Preferred Stock, net of discount and offering costs of $14,087,111     $ 2,347,852     2,368,654
Stock based compensation - stock options   1,677,271 1,677,271
Conversion of 1,250 shares of Series F Convertible Preferred Stock, July 1, 2023 installment of $1,429,871 paid with common stock $ (76,074)   $ 255,945 255,945
Conversion of 1,250 shares of Series F Convertible Preferred Stock, July 1, 2023 installment of $1,429,871 paid with common stock, shares (1,250)     1,187,602    
Conversion of 1,250 shares of Series F Convertible Preferred Stock, August 1, 2023 installment of $1,429,871 paid with common stock $ (76,073)   $ 255,944 255,944
Conversion of 1,250 shares of Series F Convertible Preferred Stock, August 1, 2023 installment of $1,429,871 paid with common stock, shares (1,250)     1,160,611    
Series F Convertible Preferred Stock Dividend   (373,796) (373,796)
Issuance of common stock for vested restricted stock units  
Issuance of common stock for vested restricted stock units, shares       73,776    
Exercise of prepaid equity forward contracts for common stock  
Exercise of prepaid equity forward contracts for common stock       135,135    
Balance at Jun. 30, 2023 $ 760,742 $ 144,524   $ 110,567,664 $ (99,970,418) $ 10,741,770
Balance, shares at Jun. 30, 2023 12,500 72,992   42,027,133