Quarterly report pursuant to Section 13 or 15(d)

CONDENSED INTERIM STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

v3.23.2
CONDENSED INTERIM STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Balance at beginning at Dec. 31, 2021 $ 10,216 $ 38,948,334 $ (26,548,309) $ 12,410,241
Balance at beginning, Common shares (in shares) at Dec. 31, 2021 10,215,792      
Share-Based Compensation   761,069   761,069
Share-Based Payments to Vendors $ 44 188,056   188,100
Share-Based Payments to Vendors (in shares) 43,889      
Cashless Warrant Exercise $ 3 (3)    
Cashless Warrant Exercise (in shares) 3,521      
Net Loss     (2,670,138) (2,670,138)
Balance at ending at Mar. 31, 2022 $ 10,263 39,897,456 (29,218,447) 10,689,272
Balance at ending, Common shares (in shares) at Mar. 31, 2022 10,263,202      
Balance at beginning at Dec. 31, 2021 $ 10,216 38,948,334 (26,548,309) 12,410,241
Balance at beginning, Common shares (in shares) at Dec. 31, 2021 10,215,792      
Net Loss       (5,290,670)
Balance at ending at Jun. 30, 2022 $ 10,263 40,614,138 (31,838,980) 8,785,421
Balance at ending, Common shares (in shares) at Jun. 30, 2022 10,263,202      
Balance at beginning at Mar. 31, 2022 $ 10,263 39,897,456 (29,218,447) 10,689,272
Balance at beginning, Common shares (in shares) at Mar. 31, 2022 10,263,202      
Share-Based Compensation   716,682   716,682
Net Loss     (2,620,533) (2,620,533)
Balance at ending at Jun. 30, 2022 $ 10,263 40,614,138 (31,838,980) 8,785,421
Balance at ending, Common shares (in shares) at Jun. 30, 2022 10,263,202      
Balance at beginning at Dec. 31, 2022 $ 11,628 45,944,478 (38,641,085) $ 7,315,021
Balance at beginning, Common shares (in shares) at Dec. 31, 2022 11,627,609     11,627,609
Share-Based Compensation   733,472   $ 733,472
Share-Based Payments to Vendors $ 44 165,859   165,903
Share-Based Payments to Vendors (in shares) 44,186      
Net Loss     (2,902,957) (2,902,957)
Balance at ending at Mar. 31, 2023 $ 11,672 46,843,809 (41,544,042) 5,311,439
Balance at ending, Common shares (in shares) at Mar. 31, 2023 11,671,795      
Balance at beginning at Dec. 31, 2022 $ 11,628 45,944,478 (38,641,085) $ 7,315,021
Balance at beginning, Common shares (in shares) at Dec. 31, 2022 11,627,609     11,627,609
Net Loss       $ (6,348,197)
Balance at ending at Jun. 30, 2023 $ 13,005 51,192,646 (44,989,282) $ 6,216,369
Balance at ending, Common shares (in shares) at Jun. 30, 2023 13,005,128     13,005,128
Balance at beginning at Mar. 31, 2023 $ 11,672 46,843,809 (41,544,042) $ 5,311,439
Balance at beginning, Common shares (in shares) at Mar. 31, 2023 11,671,795      
Share-Based Compensation   806,485   806,485
Issuance of shares of common stock and pre-funded warrants in registered direct offering, net of cash issuance costs $ 602 3,543,010   3,543,612
Issuance of shares of common stock and pre-funded warrants in registered direct offering, net of cash issuance costs (in shares) 601,851      
Pre-funded Warrant Exercise $ 731 (658)   73
Pre-funded Warrant Exercise (in shares) 731,482      
Net Loss     (3,445,240) (3,445,240)
Balance at ending at Jun. 30, 2023 $ 13,005 $ 51,192,646 $ (44,989,282) $ 6,216,369
Balance at ending, Common shares (in shares) at Jun. 30, 2023 13,005,128     13,005,128