Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT) - USD ($)
Common Stock [Member]
Series A Preferred Stocks [Member]
Series B Preferred Stocks [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Feb. 20, 2020 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
Beginning balance, shares at Feb. 20, 2020      
Issuance of founders shares for cash $ 7 10,826 10,833
Issuance of founders shares for cash, shares 1,625,000          
Stock-based compensation $ 1 221,724 221,725
Stock-based compensation, shares 312,500          
Net loss (1,374,413) (1,374,413)
Ending balance, value at Dec. 31, 2020 $ 8 232,550 (1,374,413) (1,141,855)
Ending balance, shares at Dec. 31, 2020 1,937,500      
Stock-based compensation $ 2 14,627,380 14,627,382
Stock-based compensation, shares 163,132          
Net loss (40,125,109) (40,125,109)
Proceeds from WeFunder offering, net of issuance costs of $53,500 2,205,440 2,205,440
Issuance of series A preferred stock, net of issuance costs of $205,470 $ 4 2,464,504 2,464,508
Issuance of series A preferred stock, net of issuance costs, shares 79,750 415,287        
Conversion of WeFunder offering to series A preferred stock $ 0 $ 4 0 (4) 0 0
Conversion of WeFunder offering to series A preferred stock, shares   351,832        
Conversion of SAFE Liability to series A preferred stock $ 4 1,999,996 2,000,000
Conversion of SAFE Liability to series A preferred stock, shares   424,269        
Issuance of series B preferred stock, net of issuance costs of $890,026 $ 11 9,615,320 9,615,331
Issuance of series B preferred stock, net of issuance costs, shares 123,296   1,105,827      
Issuance of common stock with promissory notes, net of issuance costs of $65,000 $ 3 734,997 735,000
Issuance of common stock with promissory notes, net of issuance costs, shares 266,664          
Issuance of common stock for initial public offering, net of issuance costs of $2,949,882 $ 33 15,917,269 15,917,302
Issuance of common stock for initial public offering, net of issuance costs, shares 3,251,875          
Conversion of preferred stock for initial public offering $ 23 $ (12) $ (11) 0 0 0
Conversion of preferred stock for initial public offering, shares 5,743,175 (1,191,388) (1,105,827)      
Issuance of common stock for exercise of warrants $ 57 6,193 6,250
Issuance of common stock for exercise of warrants, shares 5,743,795          
Ending balance, value at Dec. 31, 2021 $ 128 $ 47,803,643 $ (41,499,522) $ 6,304,249
Ending balance, shares at Dec. 31, 2021 17,309,187