XML 21 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Changes in Mezzanine Equity and Shareholders' Equity - USD ($)
Redeemable Noncontrolling Interest [Member]
Mezzanine Equity [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Subscription Receivable [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2022 $ 885,028 $ 885,028 $ 1,386 $ 94,415,058 $ (79,207,786) $ (536,734) $ 14,671,924
Beginning balance, shares at Dec. 31, 2022     138,554          
Mezzanine equity balance, shares at Dec. 31, 2022 1,000              
Stock-based compensation 2,150,160 2,150,160
Issuance of common shares for vested RSU $ 69 (69)
Issuance of common shares for vested RSU, shares     6,910          
Issuance of Inducement Warrants, net of offering costs of $239,302 1,967,424 (280,500) 1,686,924
Exercise of warrants and preferred investment options $ 279 1,536,861 (1,537,140)
Exercise of warrants and preferred investment options, shares     27,867          
Foreign exchange translation loss (33,015) (33,015)
Net loss (17,291,732) (17,291,732)
Preferred dividends attributable to redeemable non-controlling interest 19,041 19,041 (19,041) (19,041)
Accretion of embedded derivative to redemption value 147,988 147,988 (147,988) (147,988)
Redemption of Series A preferred stock $ (1,052,057) (1,052,057)
Redemption of Series A preferred stock, shares (1,000)              
Issuance of common shares for deferred offering costs $ 93 255,014 255,107
Issuance of common shares for deferred offering costs, shares     9,294          
Induced conversion of warrants and preferred investment options 683,997 683,997
Balance at Dec. 31, 2023 $ 1,827 100,841,416 (1,817,640) (96,499,518) (569,749) 1,956,336
Ending balance, shares at Dec. 31, 2023     182,625          
Mezzanine equity balance, shares at Dec. 31, 2023              
Common stock sold under the Equity Distribution Agreement, net of offering costs of $583,713     $ 1,112 1,807,677 1,808,789
Common stock sold under the Equity Distribution Agreement, net of offering cost, shares     111,200          
Issuance of direct offering shares (see Note 8)     $ 458 770,835 771,293
Issuance of direct offering shares, shares     45,780          
Exercise of Inducement Warrants for common stock     $ 1,303 2,675,677 2,676,980
Exercise of Inducement Warrants for common stock, shares     130,267          
Stock-based compensation     1,562,392 1,562,392
Issuance of common shares for vested RSU     $ 18 (18)
Issuance of common shares for vested RSU, shares     1,830          
Issuance of Inducement Warrants, net of offering costs of $239,302     (12,821) 280,500 267,679
Exercise of warrants and preferred investment options     $ 469 (469) 1,537,140 1,537,140
Exercise of warrants and preferred investment options, shares     46,934          
Common stock sold under the Purchase Agreement, net of offering costs of $471,756     $ 1,593 610,360 611,953
Common stock sold under the Purchase Agreement, net of offering costs, shares     159,366          
Foreign exchange translation loss     (24,768) (24,768)
Net loss (9,574,987) (9,574,987)
Preferred dividends attributable to redeemable non-controlling interest              
Accretion of embedded derivative to redemption value              
Balance at Dec. 31, 2024 $ 6,780 $ 108,255,049 $ (106,074,505) $ (594,517) $ 1,592,807
Ending balance, shares at Dec. 31, 2024     678,002