Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders??? Equity (Unaudited)

v3.21.2
Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) - USD ($)
Common Stock
Additional Paid In Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2019 $ 10,368 $ 27,757,017 $ (20,626,799) $ 7,140,586
Balance (in Shares) at Dec. 31, 2019 10,368,352      
Equity-based compensation - stock option expense 342,007 342,007
Equity-based compensation - stock and warrant issuances to consultants and employees $ 261 345,366 345,627
Equity-based compensation - stock and warrant issuances to consultants and employees (in Shares) 261,251      
Net loss (2,276,813) (2,276,813)
Balance at Mar. 31, 2020 $ 10,629 28,444,390 (22,903,612) 5,551,407
Balance (in Shares) at Mar. 31, 2020 10,629,603      
Equity-based compensation - stock option expense 385,648 385,648
Equity-based compensation - stock and warrant issuances to consultants and employees 9,804 9,804
Sale of common stock, net of transaction costs $ 2,820 4,654,395 4,657,215
Sale of common stock, net of transaction costs (in Shares) 2,820,000      
Net loss     (1,811,110) (1,811,110)
Balance at Jun. 30, 2020 $ 13,449 33,494,237 (24,714,722) 8,792,964
Balance (in Shares) at Jun. 30, 2020 13,449,603      
Equity-based compensation - stock option expense 348,185 348,185
Equity-based compensation - stock and warrant issuances to consultants and employees $ 185 329,622 329,807
Equity-based compensation - stock and warrant issuances to consultants and employees (in Shares) 185,000      
Warrants exercised $ 227 449,781 450,008
Warrants exercised (in Shares) 226,354      
Sale of common stock, net of transaction costs $ 357 499,643 500,000
Sale of common stock, net of transaction costs (in Shares) 357,143      
Net loss (3,335,819) (3,335,819)
Balance at Sep. 30, 2020 $ 14,218 35,121,468 (28,050,541) 7,085,145
Balance (in Shares) at Sep. 30, 2020 14,218,100      
Balance at Dec. 31, 2020 $ 14,393 35,491,462 (31,519,789) 3,986,066
Balance (in Shares) at Dec. 31, 2020 14,393,100      
Equity-based compensation - stock option expense 473,787 473,787
Equity-based compensation - stock issuances to consultants and employees $ 350 850,550 850,900
Equity-based compensation - stock issuances to consultants and employees (in Shares) 350,000      
Warrants exercised $ 712 1,424,288 1,425,000
Warrants exercised (in Shares) 712,500      
Stock options exercised $ 10 14,490 14,500
Stock options exercised (in Shares) 10,000      
Stock issued as consideration for acquisition $ 700 1,059,450 1,060,150
Stock issued as consideration for acquisition (in Shares) 699,980      
Sale of common stock, net of transaction costs $ 1,105 2,639,898 2,641,003
Sale of common stock, net of transaction costs (in Shares) 1,104,297      
Net loss (4,833,764) (4,833,764)
Balance at Mar. 31, 2021 $ 17,270 41,953,925 (36,353,553) 5,617,642
Balance (in Shares) at Mar. 31, 2021 17,269,877      
Equity-based compensation - stock option expense 568,295 568,295
Equity-based compensation - stock issuances to consultants and employees $ 100 274,900 275,000
Equity-based compensation - stock issuances to consultants and employees (in Shares) 100,000      
Sale of common stock, net of transaction costs $ 1,036 2,807,964 2,809,000
Sale of common stock, net of transaction costs (in Shares) 1,035,849      
Net loss (4,440,934) (4,440,934)
Balance at Jun. 30, 2021 $ 18,406 45,605,084 (40,794,487) 4,829,003
Balance (in Shares) at Jun. 30, 2021 18,405,726      
Equity-based compensation - stock option expense 640,777 640,777
Equity-based compensation - stock issuances to consultants and employees $ 170 547,930 548,100
Equity-based compensation - stock issuances to consultants and employees (in Shares) 170,000      
Sale of common stock, net of transaction costs $ 1,872 5,498,130 5,500,002
Sale of common stock, net of transaction costs (in Shares) 1,872,430      
Net loss (4,317,784) (4,317,784)
Balance at Sep. 30, 2021 $ 20,448 $ 52,291,921 $ (45,112,271) $ 7,200,098
Balance (in Shares) at Sep. 30, 2021 20,448,156