XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Series A Convertible Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2019 $ 3,500,000 $ 1,117 $ 26,021,904 $ (27,088,886) $ 2,434,135
Balance, shares at Dec. 31, 2019 350,000 11,174,302      
Net loss for the period (756,300) (756,300)
Ending balance, value at Jun. 30, 2020 $ 3,500,000 $ 1,117 26,021,904 (27,845,186) 1,677,835
Balance, shares at Jun. 30, 2020 350,000 11,174,302      
Beginning balance, value at Mar. 31, 2020 $ 3,500,000 $ 1,117 26,021,904 (27,472,061) 2,050,960
Balance, shares at Mar. 31, 2020 350,000 11,174,302      
Net loss for the period (373,125) (373,125)
Ending balance, value at Jun. 30, 2020 $ 3,500,000 $ 1,117 26,021,904 (27,845,186) 1,677,835
Balance, shares at Jun. 30, 2020 350,000 11,174,302      
Beginning balance, value at Dec. 31, 2020 $ 3,500,000 $ 1,240 31,864,479 (30,353,768) 5,011,951
Balance, shares at Dec. 31, 2020 350,000 12,402,157      
Exercise of options $ 12 100,988 $ 101,000
Exercise of options, shares   125,001     125,001
Proceeds from sale of common stock in direct equity offering, net of offering costs $ 113 3,689,648 $ 3,689,761
Proceeds from sale of common stock in direct equity offering, net of offering costs, shares   1,133,102      
Exercise of warrants $ 1 17,099 17,100
Exercise of warrants, shares   3,000      
Stock-based compensation expense 1,506,836 1,506,836
Net loss for the period (3,460,310) (3,460,310)
Ending balance, value at Jun. 30, 2021 $ 3,500,000 $ 1,366 37,179,050 (33,814,078) 6,866,338
Balance, shares at Jun. 30, 2021 350,000 13,663,260      
Beginning balance, value at Mar. 31, 2021 $ 3,500,000 $ 1,354 36,227,258 (32,080,912) 7,647,700
Balance, shares at Mar. 31, 2021 350,000 13,538,259      
Exercise of options $ 12 100,988 101,000
Exercise of options, shares   125,001      
Stock-based compensation expense 850,804 850,804
Net loss for the period (1,733,166) (1,733,166)
Ending balance, value at Jun. 30, 2021 $ 3,500,000 $ 1,366 $ 37,179,050 $ (33,814,078) $ 6,866,338
Balance, shares at Jun. 30, 2021 350,000 13,663,260