Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.24.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Total
Balances (in shares) at Dec. 31, 2021 1,888,231        
Balances at Dec. 31, 2021 $ 1,888 $ 31,806,458 $ (13,436,963) $ (930,211) $ 17,441,172
Net Income (loss) 0 0 (17,753,838) 0 (17,753,838)
Stock option compensation $ 0 1,967,927 0 0 1,967,927
Stock issued (in shares) 169,229        
Stock issued $ 169 2,036,831 0 0 $ 2,037,000
Issuance of stock from exercise of options (in shares) 26,400       26,400
Issuance of stock from exercise of options $ 27 72,615 0 (35,000) $ 37,642
Balances (in shares) at Dec. 31, 2022 2,083,860        
Balances at Dec. 31, 2022 $ 2,084 35,883,831 (31,190,801) (965,211) 3,729,903
Net Income (loss) 0 0 (2,034,435) 0 (2,034,435)
Stock option compensation $ 0 776,036 0 0 776,036
Stock issued (in shares) 94,625        
Stock issued $ 94 347,014 0 0 $ 347,108
Issuance of stock from exercise of options (in shares) 2,000       2,000
Issuance of stock from exercise of options $ 2 7,398 0 0 $ 7,400
Forfeiture of stock options on disposal of business (Note 2) 0 (407,322) 0 0 (407,322)
Amortization of stock issue costs $ 0 (150,000) 0 0 (150,000)
Balances (in shares) at Dec. 31, 2023 2,180,485        
Balances at Dec. 31, 2023 $ 2,180 $ 36,456,957 $ (33,225,236) $ (965,211) $ 2,268,690