STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
|
Common Stock [Member] |
Additional Paid-in Capital [Member] |
Retained Earnings [Member] |
Treasury Stock, Common [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
|
|
|
|
|
| Accrued compensation paid in shares |
$ 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 expense related to restricted stock awards |
|
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, 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
|
|
|
|
|
| Net loss |
|
|
|
|
(6,684,415)
|
| Ending balance, value at Sep. 30, 2022 |
$ 486,570
|
43,443,201
|
(7,594,484)
|
(3,843,562)
|
32,491,725
|
| Ending balance (in shares) at Sep. 30, 2022 |
48,657,023
|
|
|
|
|
| Beginning balance, value at Mar. 31, 2022 |
$ 481,212
|
41,611,030
|
(3,447,583)
|
(3,843,562)
|
34,801,097
|
| Beginning balance (in shares) at Mar. 31, 2022 |
48,121,289
|
|
|
|
|
| Accrued compensation paid in shares |
$ 697
|
114,808
|
|
|
115,505
|
| Issuance of stock-based compensation (in shares) |
69,707
|
|
|
|
|
| Compensation expense related to stock options |
|
527,736
|
|
|
527,736
|
| Compensation expense related to restricted stock awards |
500
|
231,011
|
|
|
231,511
|
| Net loss |
|
|
(2,921,341)
|
|
(2,921,341)
|
| Issuance upon options exercised |
$ 1,667
|
(134,825)
|
|
|
(133,158)
|
| Issuance upon options exercised (in shares) |
166,623
|
|
|
|
|
| Issuance upon options exercised (in shares) |
50,000
|
|
|
|
|
| Ending balance, value at Jun. 30, 2022 |
$ 484,076
|
42,349,760
|
(6,368,924)
|
(3,843,562)
|
32,621,350
|
| Ending balance (in shares) at Jun. 30, 2022 |
48,407,619
|
|
|
|
|
| Accrued compensation paid in shares |
$ 460
|
97,041
|
|
|
97,501
|
| Issuance of stock-based compensation (in shares) |
45,936
|
|
|
|
|
| Compensation expense related to stock options |
|
514,047
|
|
|
514,047
|
| Compensation expense related to restricted stock awards |
|
170,387
|
|
|
170,387
|
| Net loss |
|
|
(1,225,560)
|
|
(1,225,560)
|
| Issuance upon options exercised |
$ 2,034
|
311,966
|
|
|
314,000
|
| Issuance upon options exercised (in shares) |
203,468
|
|
|
|
|
| Ending balance, value at Sep. 30, 2022 |
$ 486,570
|
43,443,201
|
(7,594,484)
|
(3,843,562)
|
32,491,725
|
| Ending balance (in shares) at Sep. 30, 2022 |
48,657,023
|
|
|
|
|
| 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
|
|
|
|
|
| Accrued compensation paid in shares |
$ 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 expense related to restricted stock awards |
$ 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
|
|
|
|
|
| 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
|
|
|
|
|
| Net loss |
|
|
|
|
(6,275,033)
|
| Ending balance, value at Sep. 30, 2023 |
$ 490,596
|
46,629,753
|
(15,846,244)
|
(3,843,562)
|
27,430,543
|
| Ending balance (in shares) at Sep. 30, 2023 |
49,059,583
|
|
|
|
|
| Beginning balance, value at Mar. 31, 2023 |
$ 489,608
|
45,132,350
|
(11,982,096)
|
(3,843,562)
|
29,796,300
|
| Beginning balance (in shares) at Mar. 31, 2023 |
48,960,766
|
|
|
|
|
| Accrued compensation paid in shares |
$ 229
|
90,018
|
|
|
90,247
|
| Issuance of stock-based compensation (in shares) |
22,886
|
|
|
|
|
| Compensation expense related to stock options |
|
540,099
|
|
|
540,099
|
| Compensation expense related to restricted stock awards |
$ 500
|
169,887
|
|
|
170,387
|
| Compensation related to Restricted Stock (in shares) |
50,000
|
|
|
|
|
| Net loss |
|
|
(2,495,886)
|
|
(2,495,886)
|
| Ending balance, value at Jun. 30, 2023 |
$ 490,337
|
45,932,354
|
(14,477,982)
|
(3,843,562)
|
28,101,147
|
| Ending balance (in shares) at Jun. 30, 2023 |
49,033,652
|
|
|
|
|
| Accrued compensation paid in shares |
$ 259
|
82,567
|
|
|
82,826
|
| Issuance of stock-based compensation (in shares) |
25,931
|
|
|
|
|
| Compensation expense related to stock options |
|
551,250
|
|
|
551,250
|
| Compensation expense related to restricted stock awards |
|
63,582
|
|
|
63,582
|
| Net loss |
|
|
(1,368,262)
|
|
(1,368,262)
|
| Ending balance, value at Sep. 30, 2023 |
$ 490,596
|
$ 46,629,753
|
$ (15,846,244)
|
$ (3,843,562)
|
$ 27,430,543
|
| Ending balance (in shares) at Sep. 30, 2023 |
49,059,583
|
|
|
|
|