XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.3
Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Total
Balance at Dec. 31, 2022 $ 87 $ 2,119,073 $ (1,433,427) $ 685,733
Balance (in Shares) at Dec. 31, 2022 868,154        
Common shares issued for cash $ 14 5,755,857 5,755,871
Common shares issued for cash (in Shares) 140,563        
Accretion of stock option expense 870,572 870,572
Accumulated other comprehensive gain (loss) - short-term investments 18,156 18,156
Net loss (1,536,031) (1,536,031)
Balance at Mar. 31, 2023 $ 101 8,745,502 18,156 (2,969,458) 5,794,301
Balance (in Shares) at Mar. 31, 2023 1,008,717        
Balance at Dec. 31, 2022 $ 87 2,119,073 (1,433,427) 685,733
Balance (in Shares) at Dec. 31, 2022 868,154        
Net loss           (3,147,134)
Balance at Sep. 30, 2023 $ 91 8,739,656 79,646 (4,580,561) 4,238,832
Balance (in Shares) at Sep. 30, 2023   902,786        
Balance at Mar. 31, 2023 $ 101 8,745,502 18,156 (2,969,458) 5,794,301
Balance (in Shares) at Mar. 31, 2023 1,008,717        
Purchase and cancellation of treasury stock $ (3) (24,238) (24,241)
Purchase and cancellation of treasury stock (in Shares) (32,048)        
Accretion of stock option expense 21,927 21,927
Accumulated other comprehensive gain (loss) - short-term investments 19,649 19,649
Net loss (754,044) (754,044)
Balance at Jun. 30, 2023 $ 98 8,743,191 37,805 (3,723,502) 5,057,592
Balance (in Shares) at Jun. 30, 2023 976,669        
Purchase and cancellation of treasury stock $ (7) (25,462) (25,469)
Purchase and cancellation of treasury stock (in Shares) (73,883)        
Accretion of stock option expense 21,927 21,927
Accumulated other comprehensive gain (loss) - short-term investments 41,841 41,841
Net loss (857,059) (857,059)
Balance at Sep. 30, 2023 $ 91 8,739,656 79,646 (4,580,561) 4,238,832
Balance (in Shares) at Sep. 30, 2023   902,786        
Balance at Dec. 31, 2023 $ 99 8,711,550 95,785 (5,381,524) 3,425,910
Balance (in Shares) at Dec. 31, 2023 988,368        
Common shares and warrants issued for cash, net $ 11 159,049 159,060
Common shares and warrants issued for cash, net (in Shares) 108,000        
Sale of pre-funded warrants for cash 2,897,924 2,897,924
Purchase and cancellation of treasury stock $ (1) (19,601) (19,602)
Purchase and cancellation of treasury stock (in Shares) (6,846)        
Accretion of stock option expense 15,806 15,806
Rounding shares from reverse split (in Shares)   4,150        
Accumulated other comprehensive gain (loss) - short-term investments (99,414) (99,414)
Net loss (912,145) (912,145)
Balance at Mar. 31, 2024 $ 109 11,764,728 (3,629) (6,293,669) 5,467,539
Balance (in Shares) at Mar. 31, 2024 1,093,672        
Balance at Dec. 31, 2023 $ 99 8,711,550 95,785 (5,381,524) 3,425,910
Balance (in Shares) at Dec. 31, 2023 988,368        
Net loss           (2,585,793)
Balance at Sep. 30, 2024 $ 189 14,668,396 13,299 (7,967,317) 6,714,567
Balance (in Shares) at Sep. 30, 2024   1,892,773        
Balance at Mar. 31, 2024 $ 109 11,764,728 (3,629) (6,293,669) 5,467,539
Balance (in Shares) at Mar. 31, 2024 1,093,672        
Common shares issued for warrant exercise $ 11 93 104
Common shares issued for warrant exercise (in Shares) 103,367        
Accretion of stock option expense 33,435 33,435
Accumulated other comprehensive gain (loss) - short-term investments 7,044 7,044
Net loss (809,238) (809,238)
Balance at Jun. 30, 2024 $ 120 11,798,256 3,415 (7,102,907) 4,698,884
Balance (in Shares) at Jun. 30, 2024 1,197,039        
Common shares issued for exercise of March 2024 Common Warrants for cash under warrants inducement offer, net $ 27 2,834,816 2,834,843
Common shares issued for exercise of March 2024 Common Warrants for cash under warrants inducement offer, net (in Shares)   278,734        
Common shares issued for Pre-funded warrant exercises $ 42 375 417
Common shares issued for Pre-funded warrant exercises (in Shares)   417,000        
Accretion of stock option expense 34,949 34,949
Accumulated other comprehensive gain (loss) - short-term investments 9,884 9,884
Net loss (864,410) (864,410)
Balance at Sep. 30, 2024 $ 189 $ 14,668,396 $ 13,299 $ (7,967,317) $ 6,714,567
Balance (in Shares) at Sep. 30, 2024   1,892,773