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Subsequent Events
6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events

Note 9 – Subsequent Events

 

The Company evaluates events that have occurred after the balance sheet date but before the financial statements are issued. Based upon the evaluation, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the financial statements other than disclosed.

 

During the period from July 1, 2023 to August 9, 2023, the Company sold a total of 151,882 shares of Common Stock under the ATM Agreement for aggregate total gross proceeds of approximately $195,000 at an average selling price of $1.28 per share, resulting in net proceeds of approximately $187,000 after deducting commissions and other transaction costs.

 

On July 11, 2023, the Company filed an Amendment to the Articles of Incorporation with the Nevada Secretary of State increasing the authorized shares of common stock to 975 million shares.