Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited)

v3.21.2
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, 2019 $ 422,398 $ 6,293,069 $ 4,864,817 $ (344,204) $ 11,236,080
Shares, Outstanding, Beginning Balance at Dec. 31, 2019 42,239,788        
Issuance of stock-based compensation $ 92 59,910 60,002
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture 9,189        
Compensation expense related to stock options 300,966 300,966
Issuance upon options exercised $ 1,750 83,750 85,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period 175,000        
Net income 449,428 449,428
Ending balance, value at Mar. 31, 2020 $ 424,240 6,737,695 5,314,245 (344,204) 12,131,976
Shares, Outstanding, Ending Balance at Mar. 31, 2020 42,423,977        
Cancellation of common stock
Beginning balance, value at Dec. 31, 2019 $ 422,398 6,293,069 4,864,817 (344,204) 11,236,080
Shares, Outstanding, Beginning Balance at Dec. 31, 2019 42,239,788        
Net income         (377,435)
Ending balance, value at Sep. 30, 2020 $ 466,718 35,331,483 4,487,382 (344,204) 39,941,379
Shares, Outstanding, Ending Balance at Sep. 30, 2020 46,671,807        
Beginning balance, value at Mar. 31, 2020 $ 424,240 6,737,695 5,314,245 (344,204) 12,131,976
Shares, Outstanding, Beginning Balance at Mar. 31, 2020 42,423,977        
Issuance of stock-based compensation $ 80 59,922 60,002
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture 7,999        
Compensation expense related to stock options 363,851 363,851
Litigation settlement share issuance $ 952 937,142 938,094
[custom:NewIssuanceLitigationSettlementShareIssuance] 95,238        
Issuance upon options exercised $ 5,192 5,189 10,381
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period 519,156        
Net income (1,076,038) (1,076,038)
Ending balance, value at Jun. 30, 2020 $ 466,401 34,886,850 4,238,207 (344,204) 39,247,254
Shares, Outstanding, Ending Balance at Jun. 30, 2020 46,640,120        
Litigation settlement options 347,008 347,008
Capital raise $ 35,937 26,436,043 26,471,980
[custom:NewIssuanceOfCapitalRaiseShares] 3,593,750        
Issuance of stock-based compensation $ 67 59,935 60,002
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture 6,681        
Compensation expense related to stock options 346,323 346,323
Issuance upon options exercised $ 250 (250)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period 25,006        
Net income 249,175 249,175
Ending balance, value at Sep. 30, 2020 $ 466,718 35,331,483 4,487,382 (344,204) 39,941,379
Shares, Outstanding, Ending Balance at Sep. 30, 2020 46,671,807        
Capital raise 38,625 38,625
Beginning balance, value at Dec. 31, 2020 $ 466,801 35,880,986 3,652,754 (3,843,562) 36,156,979
Shares, Outstanding, Beginning Balance at Dec. 31, 2020 46,680,119        
Issuance of stock-based compensation $ 101 56,149 56,250
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture 10,124        
Compensation expense related to stock options 677,934 677,934
Litigation settlement share issuance $ 952 937,142 938,094
[custom:NewIssuanceLitigationSettlementShareIssuance] 95,238        
Issuance upon options exercised $ 11,106 1,218,894 1,230,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period 1,110,580        
Net income (1,276,138) (1,276,138)
Ending balance, value at Mar. 31, 2021 $ 478,960 38,771,105 2,376,616 (3,843,562) 37,783,119
Shares, Outstanding, Ending Balance at Mar. 31, 2021 47,896,061        
Beginning balance, value at Dec. 31, 2020 $ 466,801 35,880,986 3,652,754 (3,843,562) 36,156,979
Shares, Outstanding, Beginning Balance at Dec. 31, 2020 46,680,119        
Net income         (3,494,465)
Ending balance, value at Sep. 30, 2021 $ 479,317 40,004,197 158,289 (3,843,562) 36,798,241
Shares, Outstanding, Ending Balance at Sep. 30, 2021 47,931,664        
Beginning balance, value at Mar. 31, 2021 $ 478,960 38,771,105 2,376,616 (3,843,562) 37,783,119
Shares, Outstanding, Beginning Balance at Mar. 31, 2021 47,896,061        
Issuance of stock-based compensation $ 146 97,050 97,196
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture 14,615        
Compensation expense related to stock options 441,841 441,841
Net income (1,124,549) (1,124,549)
Compensation expense related to restricted stock awards 66,135 66,135
Ending balance, value at Jun. 30, 2021 $ 479,106 39,376,131 1,252,067 (3,843,562) 37,263,742
Shares, Outstanding, Ending Balance at Jun. 30, 2021 47,910,676        
Issuance of stock-based compensation $ 211 142,290 142,501
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture 20,988        
Compensation expense related to stock options 406,414 406,414
Net income (1,093,778) (1,093,778)
Compensation expense related to restricted stock awards 79,362 79,362
Ending balance, value at Sep. 30, 2021 $ 479,317 $ 40,004,197 $ 158,289 $ (3,843,562) $ 36,798,241
Shares, Outstanding, Ending Balance at Sep. 30, 2021 47,931,664