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Condensed Consolidated Statements of Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2021 $ 82,586 $ 51,487,881 $ (15,670,887) $ 35,899,580
Balance, shares at Dec. 31, 2021 8,258,597        
Stock-based compensation 2,957,249 2,957,249
Issuance of shares of common stock and warrants, net of issuance costs $ 1,425 (1,425)
Issuance of shares of common stock and warrants, net of issuance costs, shares 142,450        
Reclassification adjustment for interest earned on marketable securities included in net loss (110,002) (110,002)
Change in unrealized gain on marketable securities 206,436 206,436
Net loss (14,322,798) (14,322,798)
Balance at Dec. 31, 2022 $ 84,011 54,443,705 (29,993,685) 96,434 24,630,465
Balance, shares at Dec. 31, 2022 8,401,047        
Stock-based compensation 727,144 727,144
Reclassification adjustment for interest earned on marketable securities included in net loss (129,229) (129,229)
Change in unrealized gain on marketable securities 210,252 210,252
Net loss (4,253,238) (4,253,238)
Balance at Mar. 31, 2023 $ 84,011 55,170,849 (34,246,923) 177,457 21,185,394
Balance, shares at Mar. 31, 2023 8,401,047        
Balance at Dec. 31, 2022 $ 84,011 54,443,705 (29,993,685) 96,434 24,630,465
Balance, shares at Dec. 31, 2022 8,401,047        
Reclassification adjustment for interest earned on marketable securities included in net loss         (430,993)
Change in unrealized gain on marketable securities         334,559
Net loss         (11,420,691)
Balance at Sep. 30, 2023 $ 84,011 56,664,118 (41,414,376) 15,333,753
Balance, shares at Sep. 30, 2023 8,401,047        
Balance at Dec. 31, 2022 $ 84,011 54,443,705 (29,993,685) 96,434 24,630,465
Balance, shares at Dec. 31, 2022 8,401,047        
Stock-based compensation 2,965,938 2,965,938
Reclassification adjustment for interest earned on marketable securities included in net loss (430,993) (430,993)
Change in unrealized gain on marketable securities 334,559 334,559
Net loss (15,423,471) (15,423,471)
Balance at Dec. 31, 2023 $ 84,011 57,409,643 (45,417,156) 12,076,498
Balance, shares at Dec. 31, 2023 8,401,047        
Balance at Mar. 31, 2023 $ 84,011 55,170,849 (34,246,923) 177,457 21,185,394
Balance, shares at Mar. 31, 2023 8,401,047        
Stock-based compensation 728,466 728,466
Reclassification adjustment for interest earned on marketable securities included in net loss (161,197) (161,197)
Change in unrealized gain on marketable securities 117,895 117,895
Net loss (3,245,065) (3,245,065)
Balance at Jun. 30, 2023 $ 84,011 55,899,315 (37,491,988) 134,155 18,625,493
Balance, shares at Jun. 30, 2023 8,401,047        
Stock-based compensation 764,803 764,803
Reclassification adjustment for interest earned on marketable securities included in net loss (140,567) (140,567)
Change in unrealized gain on marketable securities 6,412 6,412
Net loss (3,922,388) (3,922,388)
Balance at Sep. 30, 2023 $ 84,011 56,664,118 (41,414,376) 15,333,753
Balance, shares at Sep. 30, 2023 8,401,047        
Balance at Dec. 31, 2023 $ 84,011 57,409,643 (45,417,156) 12,076,498
Balance, shares at Dec. 31, 2023 8,401,047        
Stock-based compensation 774,691 774,691
Issuance of shares of common stock and warrants, net of issuance costs $ 1,378 314,669 316,047
Issuance of shares of common stock and warrants, net of issuance costs, shares 137,836        
Net loss (3,806,677) (3,806,677)
Balance at Mar. 31, 2024 $ 85,389 58,499,003 (49,223,833) 9,360,559
Balance, shares at Mar. 31, 2024 8,538,883        
Balance at Dec. 31, 2023 $ 84,011 57,409,643 (45,417,156) 12,076,498
Balance, shares at Dec. 31, 2023 8,401,047        
Reclassification adjustment for interest earned on marketable securities included in net loss        
Change in unrealized gain on marketable securities        
Net loss         (10,890,980)
Balance at Sep. 30, 2024 $ 101,969 62,209,493 (56,308,136) 6,003,326
Balance, shares at Sep. 30, 2024 10,196,884        
Balance at Mar. 31, 2024 $ 85,389 58,499,003 (49,223,833) 9,360,559
Balance, shares at Mar. 31, 2024 8,538,883        
Stock-based compensation 782,852 782,852
Issuance of shares of common stock and warrants, net of issuance costs $ 142 37,922 38,064
Issuance of shares of common stock and warrants, net of issuance costs, shares 14,164        
Net loss (4,015,267) (4,015,267)
Balance at Jun. 30, 2024 $ 85,531 59,319,777 (53,239,100) 6,166,208
Balance, shares at Jun. 30, 2024 8,553,047        
Stock-based compensation 444,184 444,184
Issuance of shares of common stock and warrants, net of issuance costs $ 16,438 2,445,532 2,461,970
Issuance of shares of common stock and warrants, net of issuance costs, shares 1,643,837        
Reclassification adjustment for interest earned on marketable securities included in net loss        
Change in unrealized gain on marketable securities        
Net loss (3,069,036) (3,069,036)
Balance at Sep. 30, 2024 $ 101,969 $ 62,209,493 $ (56,308,136) $ 6,003,326
Balance, shares at Sep. 30, 2024 10,196,884