XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.4
Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2022 $ 1,098 $ 51,169,898 $ (46,519,740) $ 4,651,256
Balance, shares at Dec. 31, 2022 1,097,843      
Dividends declared (55,000) (55,000)
Share based compensation expense 27,702 27,702
Net loss (7,959,631) (7,959,631)
Issuance of preferred stock net of issuance costs $ 4 4,299,996 4,300,000
Issuance of preferred stock net of issuance costs, shares 4,300        
Issuance of common stock $ 12 64,020 64,032
Issuance of common stock, shares   11,492      
Balance at Sep. 30, 2023 $ 4 $ 1,110 55,506,616 (54,479,371) 1,028,359
Balance, shares at Sep. 30, 2023 4,300 1,109,335      
Balance at Jun. 30, 2023 $ 1,110 51,261,620 (51,621,700) (358,970)
Balance, shares at Jun. 30, 2023 1,109,335      
Dividends declared     (55,000) (55,000)
Net loss (2,857,671) (2,857,671)
Issuance of preferred stock net of issuance costs $ 4 4,299,996 4,300,000
Issuance of preferred stock net of issuance costs, shares 4,300        
Balance at Sep. 30, 2023 $ 4 $ 1,110 55,506,616 (54,479,371) 1,028,359
Balance, shares at Sep. 30, 2023 4,300 1,109,335      
Balance at Dec. 31, 2023 $ 5 $ 1,149 55,184,524 (55,938,325) (752,647)
Balance, shares at Dec. 31, 2023 4,550 1,148,321      
Dividends declared     (1,030,910) (1,030,910)
Conversion of Series C-1 preferred stock into common shares $ (2) $ 2
Conversion of Series C-1 preferred stock into common shares, shares (2,186) 864,846      
Share based compensation expense 3,562 3,562
Net loss (3,995,271) (3,995,271)
Issuance of preferred stock net of issuance costs $ 43 975,908 975,951
Issuance of preferred stock net of issuance costs, shares 43,462        
Balance at Sep. 30, 2024 $ 46 $ 1,151 55,133,084 (59,933,596) (4,799,315)
Balance, shares at Sep. 30, 2024 45,826 2,013,167      
Balance at Jun. 30, 2024 $ 47 $ 1,150 55,432,952 (57,728,948) (2,294,799)
Balance, shares at Jun. 30, 2024 47,126 1,494,272      
Dividends declared     (303,430) (303,430)
Conversion of Series C-1 preferred stock into common shares $ (1) $ 1
Conversion of Series C-1 preferred stock into common shares, shares (1,300) 518,895      
Share based compensation expense 3,562 3,562
Net loss (2,204,648) (2,204,648)
Balance at Sep. 30, 2024 $ 46 $ 1,151 $ 55,133,084 $ (59,933,596) $ (4,799,315)
Balance, shares at Sep. 30, 2024 45,826 2,013,167