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Statements of Stockholders' Equity - USD ($)
Common Stock
Additional paid-in capital
Retained Earnings (Accumulated Deficit)
Treasury Stock
Accumulated Other Comprehensive (Loss) Income
Total
Balance at Dec. 31, 2017 $ 566,265 $ 22,458,219 $ 978,973 $ (407,879) $ (638) $ 23,594,940
Balance, Shares at Dec. 31, 2017 5,662,645     186,448    
Net loss (2,321,671) (2,321,671)
Other comprehensive loss, net of taxes 30,795 30,795
Exercise of stock options (106,678) $ 202,932 96,254
Exercise of stock options, Shares     (92,765)    
Stock-based compensation 344,016 344,016
Balance at Dec. 31, 2018 $ 566,265 22,695,557 (1,342,698) $ (204,947) 30,157 21,744,334
Balance, Shares at Dec. 31, 2018 5,662,645     93,683    
Net loss (1,295,587) (1,295,587)
Other comprehensive loss, net of taxes (74,052) (74,052)
Public offering of common stock, net of $696,566 of offering costs $ 163,636 8,139,800 8,303,436
Public offering of common stock, net of $696,566 of offering costs, Shares 1,636,364          
Exercise of stock options (16,608) $ 16,611 3
Exercise of stock options, Shares     (7,593)    
Stock-based compensation 313,144 313,144
Balance at Dec. 31, 2019 $ 729,901 $ 31,131,893 $ (2,638,285) $ (188,336) $ (43,895) $ 28,991,278
Balance, Shares at Dec. 31, 2019 7,299,009     86,090