Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited)

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - 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 Dec. 31, 2020 $ 8 $ 232,550 $ (1,374,413) $ (1,141,855)
Beginning balance, shares at Dec. 31, 2020 1,937,500      
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 $ 4 (4)
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      
Stock-based compensation 13,406,594 13,406,594
Net loss (19,455,285) (19,455,285)
Ending balance, value at Jun. 30, 2021 $ 8 $ 12 $ 11 29,924,400 (20,829,698) 9,094,733
Ending balance, shares at Jun. 30, 2021 2,140,546 1,191,388 1,105,827      
Beginning balance, value at Dec. 31, 2021 $ 128 47,803,643 (41,499,522) 6,304,249
Beginning balance, shares at Dec. 31, 2021 17,309,187      
Issuance of common stock for public offering, net of issuance costs of $1,910,883 $ 67     18,089,117 18,089,184
Issuance of common stock for public offering, net of issuance costs, shares 6,666,667          
Issuance of common stock for cashless exercise of warrants    
Issuance of common stock for cashless exercise of warrants, shares 83,552          
Issuance of common stock for exercise of stock options and restricted options $ 2     39,998 40,000
Issuance of common stock for exercise of stock options and restricted options, shares 234,769          
Stock-based compensation     2,199,869 2,199,869
Stock-based compensation, shares 44,623          
Forfeiture of performance shares    
Forfeiture of performance shares, shares (2,876)          
Net loss (18,538,808) (18,538,808)
Ending balance, value at Jun. 30, 2022 $ 197 $ 68,132,627 $ (60,038,330) $ 8,094,494
Ending balance, shares at Jun. 30, 2022 24,335,922