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Note 5 - Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Risk-Free interest rate

  1.40% - 3.24% 

Expected dividend yield

  

—%

 

Expected stock price volatility

  

61.30 - 61.58%

 

Expected life of options (in years)

  5.50 - 6.25 
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
          

Weighted-Average

     
      

Weighted-Average

  

Remaining Contractual

  

Aggregate Intrinsic

 
  

Shares

  

Exercise Price

  

Term (Years)

  

Value

 

Outstanding at December 31, 2021

  4,774,215  $3.04   6.14  $8,413,444 

Granted (1)

  865,825   4.43         

Exercised

  (35,000)  1.21         

Expired

  (30,000)  6.87         

Canceled

  (75,000)  4.81         

Outstanding at June 30, 2022

  5,500,040  $3.23   6.20  $4,113,421 
                 

Exercisable at June 30, 2022

  4,070,223  $2.79   5.24  $3,937,808 
Share-Based Payment Arrangement, Activity [Table Text Block]
  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2022

  

2021

  

2022

  

2021

 

General and administrative

 $389,885  $401,133  $778,548  $778,185 

Research and development

  64,615   44,987   129,743   89,006 

Total

 $454,500  $446,120  $908,291  $867,191