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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Total
Common Stock
Additional Paid in Capital
Retained Earnings (Accumulated Deficit)
Beginning Balances at Dec. 31, 2021 $ 47,118,097 $ 107,086 $ 46,851,360 $ 159,651
Beginning Balance, shares at Dec. 31, 2021   10,708,613    
Restricted stock grants issued   $ 260 (260)  
Restricted stock grants issued, Shares   26,025    
Restricted stock grant forfeitures, shares   (203)    
Restricted stock grant forfeiture   $ (2) 2  
Issuance of common stock, net of expenses 198,370 $ 659 197,711  
Issuance of common stock, net of expenses, Shares   65,843    
Stock-based compensation 52,604   52,604  
Net income 283,207     283,207
Dividends (700,339)     (700,339)
Ending Balance at Mar. 31, 2022 46,951,939 $ 108,003 47,101,417 (257,481)
Ending Balance, shares at Mar. 31, 2022   10,800,278    
Beginning Balances at Dec. 31, 2022 $ 48,339,114 $ 111,091 49,029,712 (801,689)
Beginning Balance, shares at Dec. 31, 2022 11,109,077 11,109,077    
Restricted stock grants issued   $ 380 (380)  
Restricted stock grants issued, Shares   37,976    
Restricted stock grant forfeitures, shares   (3,145)    
Restricted stock grant forfeiture   $ (32) 32  
Stock-based compensation $ 37,787   37,787  
Net income 992,541     992,541
Dividends (805,228)     (805,228)
Ending Balance at Mar. 31, 2023 $ 48,564,214 $ 111,439 $ 49,067,151 $ (614,376)
Ending Balance, shares at Mar. 31, 2023 11,143,908 11,143,908