Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited)

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STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 480,441 $ 40,774,245 $ (910,069) $ (3,843,562) $ 36,501,055
Beginning balance (in shares) at Dec. 31, 2021 48,044,162        
Issuance of stock-based compensation $ 475 142,025 142,500
Issuance of stock-based compensation (in shares) 47,500        
Compensation expense related to stock options 524,670 524,670
Compensation related to Restricted Stock   170,386     170,386
Net loss (2,537,514) (2,537,514)
Issuance upon options exercised $ 296 (296)
Issuance upon options exercised (in shares) 29,627        
Ending balance, value at Mar. 31, 2022 $ 481,212 41,611,030 (3,447,583) (3,843,562) 34,801,097
Ending balance (in shares) at Mar. 31, 2022 48,121,289        
Beginning balance, value at Dec. 31, 2022 $ 488,619 44,252,117 (9,571,211) (3,843,562) 31,325,963
Beginning balance (in shares) at Dec. 31, 2022 48,861,891        
Issuance of stock-based compensation $ 489 175,287 175,776
Issuance of stock-based compensation (in shares) 48,875        
Compensation expense related to stock options 535,059 535,059
Compensation related to Restricted Stock $ 500 169,887 170,387
Compensation related to Restricted Stock (in shares) 50,000        
Net loss (2,410,885) (2,410,885)
Ending balance, value at Mar. 31, 2023 $ 489,608 $ 45,132,350 $ (11,982,096) $ (3,843,562) $ 29,796,300
Ending balance (in shares) at Mar. 31, 2023 48,960,766