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Stockholders Equity (Tables)
9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Schedule of Changes in Stockholders Equity

The changes in stockholders’ equity are as follows:

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

Beginning balance

 

$

245,537,024

 

 

$

209,809,453

 

 

$

263,082,298

 

 

$

223,488,808

 

Stock-based compensation

 

 

270,094

 

 

 

177,814

 

 

 

876,174

 

 

 

533,421

 

Adjustment from related party transaction

 

 

(6,573

)

 

 

-

 

 

 

(6,573

)

 

 

-

 

Purchase of treasury stock

 

 

(2,384

)

 

 

(2,071

)

 

 

(108,091

)

 

 

(69,838

)

Net income (loss)

 

 

498,068

 

 

 

(67,536,837

)

 

 

(17,547,579

)

 

 

(81,504,032

)

Other comprehensive loss

 

 

(12,442

)

 

 

-

 

 

 

(12,442

)

 

 

-

 

Ending balance

 

$

246,283,787

 

 

$

142,448,359

 

 

$

246,283,787

 

 

$

142,448,359