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, 2022 |
$ 488,619
|
$ 44,252,117
|
$ (9,571,211)
|
$ (3,843,562)
|
$ 31,325,963
|
| Ending 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
|
| Ending balance (in shares) at Mar. 31, 2023 |
48,960,766
|
|
|
|
|
| Ending balance, value at Mar. 31, 2023 |
$ 489,608
|
45,132,350
|
(11,982,096)
|
(3,843,562)
|
29,796,300
|
| Compensation expense related to restricted stock awards (in shares) |
50,000
|
|
|
|
|
| Net loss |
|
|
(2,410,885)
|
|
(2,410,885)
|
| Beginning balance, value at Dec. 31, 2022 |
$ 488,619
|
44,252,117
|
(9,571,211)
|
(3,843,562)
|
31,325,963
|
| Ending balance (in shares) at Dec. 31, 2022 |
48,861,891
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2023 |
49,059,583
|
|
|
|
|
| Ending balance, value at Sep. 30, 2023 |
$ 490,596
|
46,629,753
|
(15,846,244)
|
(3,843,562)
|
27,430,543
|
| Net loss |
|
|
|
|
(6,275,033)
|
| Beginning 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
|
|
|
|
|
| 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
|
| Ending balance (in shares) at Jun. 30, 2023 |
49,033,652
|
|
|
|
|
| Ending balance, value at Jun. 30, 2023 |
$ 490,337
|
45,932,354
|
(14,477,982)
|
(3,843,562)
|
28,101,147
|
| Compensation expense related to restricted stock awards (in shares) |
50,000
|
|
|
|
|
| Net loss |
|
|
(2,495,886)
|
|
(2,495,886)
|
| 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
|
| Ending balance (in shares) at Sep. 30, 2023 |
49,059,583
|
|
|
|
|
| Ending balance, value at Sep. 30, 2023 |
$ 490,596
|
46,629,753
|
(15,846,244)
|
(3,843,562)
|
27,430,543
|
| Net loss |
|
|
(1,368,262)
|
|
(1,368,262)
|
| Beginning balance, value at Dec. 31, 2023 |
$ 490,899
|
47,018,707
|
(23,312,273)
|
(3,843,562)
|
20,353,771
|
| Ending balance (in shares) at Dec. 31, 2023 |
49,089,864
|
|
|
|
|
| Accrued compensation paid in shares |
$ 537
|
123,267
|
|
|
123,804
|
| Issuance of stock-based compensation (in shares) |
53,725
|
|
|
|
|
| Compensation expense related to stock options |
|
393,113
|
|
|
393,113
|
| Compensation expense related to restricted stock awards |
|
130,676
|
|
|
130,676
|
| Ending balance (in shares) at Mar. 31, 2024 |
49,143,589
|
|
|
|
|
| Ending balance, value at Mar. 31, 2024 |
$ 491,436
|
47,717,888
|
(25,248,231)
|
(3,843,562)
|
19,117,531
|
| Issuance of warrants |
|
52,125
|
|
|
52,125
|
| Net loss |
|
|
(1,935,958)
|
|
(1,935,958)
|
| Beginning balance, value at Dec. 31, 2023 |
$ 490,899
|
47,018,707
|
(23,312,273)
|
(3,843,562)
|
20,353,771
|
| Ending balance (in shares) at Dec. 31, 2023 |
49,089,864
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2024 |
49,275,830
|
|
|
|
|
| Ending balance, value at Sep. 30, 2024 |
$ 492,758
|
48,940,978
|
(27,817,763)
|
(3,882,493)
|
17,733,480
|
| Net loss |
|
|
|
|
(4,505,490)
|
| Beginning balance, value at Mar. 31, 2024 |
$ 491,436
|
47,717,888
|
(25,248,231)
|
(3,843,562)
|
19,117,531
|
| Ending balance (in shares) at Mar. 31, 2024 |
49,143,589
|
|
|
|
|
| Accrued compensation paid in shares |
$ 411
|
136,020
|
|
(38,932)
|
97,500
|
| Issuance of stock-based compensation (in shares) |
41,138
|
|
|
|
|
| Compensation expense related to stock options |
|
401,218
|
|
|
401,218
|
| Compensation expense related to restricted stock awards |
$ 551
|
63,434
|
|
|
63,984
|
| Ending balance (in shares) at Jun. 30, 2024 |
49,239,788
|
|
|
|
|
| Ending balance, value at Jun. 30, 2024 |
$ 492,398
|
48,331,591
|
(26,236,946)
|
(3,882,493)
|
18,704,550
|
| Compensation expense related to restricted stock awards (in shares) |
55,061
|
|
|
|
|
| Issuance of warrants |
|
13,032
|
|
|
13,032
|
| Net loss |
|
|
(988,715)
|
|
(988,715)
|
| Accrued compensation paid in shares |
$ 360
|
97,140
|
|
|
97,500
|
| Issuance of stock-based compensation (in shares) |
36,042
|
|
|
|
|
| Compensation expense related to stock options |
|
305,376
|
|
|
305,376
|
| Compensation expense related to restricted stock awards |
|
193,839
|
|
|
193,839
|
| Ending balance (in shares) at Sep. 30, 2024 |
49,275,830
|
|
|
|
|
| Ending balance, value at Sep. 30, 2024 |
$ 492,758
|
48,940,978
|
(27,817,763)
|
(3,882,493)
|
17,733,480
|
| Issuance of warrants |
|
13,032
|
|
|
13,032
|
| Net loss |
|
|
$ (1,580,817)
|
|
$ (1,580,817)
|