Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.22.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Total
Balances (in shares) at Dec. 31, 2019 12,854,376        
Balances at Dec. 31, 2019 $ 128,543 $ 14,682,937 $ (12,718,893) $ (930,211) $ 1,162,376
Net income (loss) 0 0 413,379 0 413,379
Stock option compensation $ 0 27,628 0 0 $ 27,628
Issuance of stock from exercise of options (in shares) 50,000       50,000
Issuance of stock from exercise of options $ 500 9,500 0 0 $ 10,000
Balances (in shares) at Dec. 31, 2020 12,904,376        
Balances at Dec. 31, 2020 $ 129,043 14,720,065 (12,305,514) (930,211) 1,613,383
Net income (loss) 0 0 (1,131,449) 0 (1,131,449)
Stock option compensation $ 0 1,868,897 0 0 $ 1,868,897
Issuance of stock from exercise of options (in shares) 453,000       453,000
Issuance of stock from exercise of options $ 4,530 91,257 0 0 $ 95,787
Stock and warrants issued (in shares) 5,524,937        
Stock and warrants issued $ 55,249 14,939,305 0 0 14,994,554
Change in par value of common stock $ (169,940) 169,940 0 0 0
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