Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY

v3.22.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY - USD ($)
Total
Series B, Preferred Stock
Common Stock
Series A, Preferred Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Balance, shares at Dec. 31, 2020   2,666,667 6,567,110 699,878    
Balance, amount at Dec. 31, 2020 $ 17,207,557 $ 2,667 $ 6,567 $ 699 $ 146,353,232 $ (129,155,608)
Shares issued to consultant & directors for services, shares     24,200      
Shares issued to consultant & directors for services, amount 69,690 0 $ 24 0 69,666 0
Stock-based compensation 60,068 0 0 0 60,068 0
Net loss for the three months ended March 31, 2021 (2,011,988) $ 0 $ 0 $ 0 0 (2,011,988)
Balance, shares at Mar. 31, 2021   2,666,667 6,591,310 699,878    
Balance, amount at Mar. 31, 2021 15,325,327 $ 2,667 $ 6,591 $ 699 146,482,966 (131,167,596)
Balance, shares at Dec. 31, 2020   2,666,667 6,567,110 699,878    
Balance, amount at Dec. 31, 2020 17,207,557 $ 2,667 $ 6,567 $ 699 146,353,232 (129,155,608)
Stock-based compensation 246,403          
Net loss for the three months ended March 31, 2021 (3,622,085)          
Balance, shares at Jun. 30, 2021   2,666,667 6,595,503 683,852    
Balance, amount at Jun. 30, 2021 13,916,565 $ 2,667 $ 6,595 $ 683 146,684,313 (132,777,693)
Balance, shares at Mar. 31, 2021   2,666,667 6,591,310 699,878    
Balance, amount at Mar. 31, 2021 15,325,327 $ 2,667 $ 6,591 $ 699 146,482,966 (131,167,596)
Shares issued to consultant & directors for services, shares     2,347      
Shares issued to consultant & directors for services, amount 15,000 0 $ 2 0 14,998 0
Stock-based compensation 186,335 0 0 0 186,335 0
Net loss for the three months ended March 31, 2021 (1,610,097) 0 $ 0 $ 0 0 (1,610,097)
Conversion of 16,026 preferred shares to 1,846 common shares, shares     1,846 (16,026)    
Conversion of 16,026 preferred shares to 1,846 common shares, amount 0 $ 0 $ 2 $ (16) 14 0
Balance, shares at Jun. 30, 2021   2,666,667 6,595,503 683,852    
Balance, amount at Jun. 30, 2021 13,916,565 $ 2,667 $ 6,595 $ 683 146,684,313 (132,777,693)
Balance, shares at Dec. 31, 2021     9,759,223      
Balance, amount at Dec. 31, 2021 24,791,127   $ 9,759   161,772,641 (136,991,273)
Shares issued to consultant & directors for services, amount 15,000   8   14,992 0
Stock-based compensation 264,936   0   264,936 0
Net loss for the three months ended March 31, 2021 (2,049,529)   $ 0   0 (2,049,529)
Shares issued - registered offerings - net of offering costs, shares     820,641      
Shares issued - registered offerings - net of offering costs, amount 5,412,863   $ 822   5,412,041 0
Shares issued to consultant & directors for services, shares     8,810      
Balance, shares at Mar. 31, 2022     10,588,674      
Balance, amount at Mar. 31, 2022 28,434,397   $ 10,589   167,464,610 (139,040,802)
Balance, shares at Dec. 31, 2021     9,759,223      
Balance, amount at Dec. 31, 2021 24,791,127   $ 9,759   161,772,641 (136,991,273)
Stock-based compensation 438,708          
Net loss for the three months ended March 31, 2021 (3,552,171)          
Balance, shares at Jun. 30, 2022     11,009,000      
Balance, amount at Jun. 30, 2022 29,302,509   $ 11,009   169,834,944 (140,543,444)
Balance, shares at Mar. 31, 2022     10,588,674      
Balance, amount at Mar. 31, 2022 28,434,397   $ 10,589   167,464,610 (139,040,802)
Shares issued to consultant & directors for services, amount 15,000   2   14,998 0
Stock-based compensation 173,772   0   173,772 0
Net loss for the three months ended March 31, 2021 (1,502,642)   $ 0   0 (1,502,642)
Shares issued - registered offerings - net of offering costs, shares     418,530      
Shares issued - registered offerings - net of offering costs, amount 2,181,982   $ 418   2,181,564 0
Shares issued to consultant & directors for services, shares     1,796      
Balance, shares at Jun. 30, 2022     11,009,000      
Balance, amount at Jun. 30, 2022 $ 29,302,509   $ 11,009   $ 169,834,944 $ (140,543,444)