Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY

v3.22.0.1
STATEMENTS OF STOCKHOLDERS' EQUITY - 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
Balance beginning (in shares) at Dec. 31, 2019 42,239,788        
Issuance of stock-based compensation $ 322 240,638 240,960
Issuance of stock-based compensation (in shares) 32,181        
Compensation expense related to stock options 1,377,772 1,377,772
Litigation settlement options 347,008 347,008
Litigation settlement share issuance $ 952 937,142 938,094
Litigation settlement share issuance (in shares) 95,238        
Repurchases of shares (3,499,358) (3,499,358)
Issuance upon options exercised $ 7,191 88,689 95,880
Issuance upon options exercised (in shares) 719,162        
Capital raise $ 35,938 26,596,668 26,632,606
Capital raise (in shares) 3,593,750        
Net loss (1,212,063) (1,212,063)
Ending balance, value at Dec. 31, 2020 $ 466,801 35,880,986 3,652,754 (3,843,562) 36,156,979
Balance ending (in shares) at Dec. 31, 2020 46,680,119        
Issuance of stock-based compensation $ 958 432,696 433,654
Issuance of stock-based compensation (in shares) 95,725        
Compensation expense related to stock options 2,049,041 2,049,041
Litigation settlement share issuance $ 952 937,142 938,094
Litigation settlement share issuance (in shares) 95,238        
Issuance upon options exercised $ 11,730 1,249,521 1,261,251
Issuance upon options exercised (in shares) 1,173,080        
Net loss (4,562,823) (4,562,823)
Issuance of Restricted Stock 224,859 224,859
Ending balance, value at Dec. 31, 2021 $ 480,441 $ 40,774,245 $ (910,069) $ (3,843,562) $ 36,501,055
Balance ending (in shares) at Dec. 31, 2021 48,044,162