Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.23.2
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Total
Balances (in shares) at Dec. 31, 2021 18,882,313        
Balances at Dec. 31, 2021 $ 18,882 $ 31,789,464 $ (13,436,963) $ (930,211) $ 17,441,172
Net Income (loss) 0 0 (2,078,307) 0 (2,078,307)
Stock option compensation $ 0 312,176 0 0 312,176
Issuance of stock from exercise of options (in shares) 105,000        
Issuance of stock from exercise of options $ 105 26,694 0 0 26,799
Balances (in shares) at Mar. 31, 2022 18,987,313        
Balances at Mar. 31, 2022 $ 18,987 32,128,334 (15,515,270) (930,211) 15,701,840
Balances (in shares) at Dec. 31, 2021 18,882,313        
Balances at Dec. 31, 2021 $ 18,882 31,789,464 (13,436,963) (930,211) 17,441,172
Net Income (loss)         $ (3,603,749)
Issuance of stock from exercise of options (in shares)         157,000
Balances (in shares) at Jun. 30, 2022 19,039,313        
Balances at Jun. 30, 2022 $ 19,039 32,666,239 (17,040,712) (930,211) $ 14,714,355
Balances (in shares) at Mar. 31, 2022 18,987,313        
Balances at Mar. 31, 2022 $ 18,987 32,128,334 (15,515,270) (930,211) 15,701,840
Net Income (loss) 0 0 (1,525,442) 0 (1,525,442)
Stock option compensation $ 0 529,565 0 0 $ 529,565
Issuance of stock from exercise of options (in shares) 52,000       52,000
Issuance of stock from exercise of options $ 52 8,340 0 0 $ 8,392
Balances (in shares) at Jun. 30, 2022 19,039,313        
Balances at Jun. 30, 2022 $ 19,039 32,666,239 (17,040,712) (930,211) 14,714,355
Balances (in shares) at Dec. 31, 2022 20,838,599        
Balances at Dec. 31, 2022 $ 20,839 35,865,076 (31,190,801) (965,211) 3,729,903
Net Income (loss) 0 0 (1,349,952) 0 (1,349,952)
Stock option compensation 0 353,658 0 0 353,658
Forfeiture of stock options on disposal of business (Note 2) $ 0 (407,322) 0 0 (407,322)
Stock issued (in shares) 74,286        
Stock issued $ 74 37,557 0 0 37,631
Issuance of stock from exercise of options (in shares) 20,000        
Issuance of stock from exercise of options $ 20 7,380 0 0 7,400
Balances (in shares) at Mar. 31, 2023 20,932,885        
Balances at Mar. 31, 2023 $ 20,933 35,856,349 (32,540,753) (965,211) 2,371,318
Balances (in shares) at Dec. 31, 2022 20,838,599        
Balances at Dec. 31, 2022 $ 20,839 35,865,076 (31,190,801) (965,211) 3,729,903
Net Income (loss)         $ (1,115,167)
Issuance of stock from exercise of options (in shares)         20,000
Balances (in shares) at Jun. 30, 2023 20,932,885        
Balances at Jun. 30, 2023 $ 20,933 35,867,835 (32,305,968) (965,211) $ 2,617,589
Balances (in shares) at Mar. 31, 2023 20,932,885        
Balances at Mar. 31, 2023 $ 20,933 35,856,349 (32,540,753) (965,211) 2,371,318
Net Income (loss) 0 0 234,785 0 234,785
Stock option compensation $ 0 88,159 0 0 $ 88,159
Issuance of stock from exercise of options (in shares)         0
Balances (in shares) at Jun. 30, 2023 20,932,885        
Balances at Jun. 30, 2023 $ 20,933 35,867,835 (32,305,968) (965,211) $ 2,617,589
Amortization of stock issue costs $ 0 $ (76,673) $ 0 $ 0 $ (76,673)