XML 22 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)
Total
Common Stock
Additional Paid-In Capital
Treasury Stock [Member]
Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning Balance at Dec. 31, 2020 $ (53,874,177) $ 242 $ 383,711   $ (1,523,038) $ (52,735,092)
Beginning Balance, Shares at Dec. 31, 2020   24,177,315        
Net Loss (30,212,770)         (30,212,770)
Other comprehensive (loss) gain 897,769       897,769  
Initial public offering, net of offering costs of approximately $6.2 million 39,797,377 $ 38 39,797,339      
Initial public offering, net of offering costs, shares   3,833,334        
Conversion of convertible affiliated note $ 65,423,496 $ 55 65,423,441      
Conversion of convertible affiliated note, shares 5,451,958 5,451,958        
Option Exercises $ 150   150      
Option Exercises, shares 41,746 41,746        
Forfeiture of restricted stock $ (100)   (100)      
Forfeiture of restricted stock, shares   (27,830)        
Grant and recognition of stock options 1,620,461   1,620,461      
Recognition of parent stock options 124,263   124,263      
Ending Balance at Dec. 31, 2021 23,776,469 $ 335 107,349,265   (625,269) (82,947,862)
Ending Balance, Shares at Dec. 31, 2021   33,476,523        
Net Loss (27,991,212)         (27,991,212)
Other comprehensive (loss) gain $ 332,801       332,801  
Conversion of convertible affiliated note, shares 5,451,958          
Option Exercises $ 1,595 $ 2 1,593      
Option Exercises, shares 258,648 258,648        
Vesting of nonvested shares   $ 1 (1)      
Vesting of nonvested shares, Shares 60,595 60,595        
Forfeiture of restricted stock $ (75)   (75)      
Forfeiture of restricted stock, shares   (20,872)        
Grant and recognition of stock options 3,089,583   3,089,583      
Recognition of parent stock options $ 96,013   96,013      
Issuance of shares for employee bonuses, shares 125,199 125,199        
Issuance of shares for employee bonuses $ 136,329 $ 1 293,522 $ (157,194)    
Issuance of shares for employee bonus, treasury shares       43,665    
Retirement of treasury shares, shares   (43,665)   43,665    
Retirement of treasury shares 157,194     $ 157,194    
Ending Balance at Dec. 31, 2022 $ (401,303) $ 339 $ 110,829,900   $ (292,468) $ (110,939,074)
Ending Balance, Shares at Dec. 31, 2022   33,856,428