Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Changes In Stockholders' Equity (Deficit)

v3.24.3
Condensed Consolidated Statements Of Changes In Stockholders' Equity (Deficit) - USD ($)
Preferred Stock [Member]
Redeemable Convertible Preferred Stock [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series A Convertible Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series C Preferred Stock [Member]
Common Stock [Member]
Series C Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive (Loss) Income [Member]
Series C Preferred Stock [Member]
Total
BALANCE at Dec. 31, 2022 $ 28,000     $ 661 [1] $ 46,293,187 [1] $ (19,089,134) $ (10,422)   $ 27,222,292
BALANCE, Shares at Dec. 31, 2022 28,000     13,221 [1]          
Net loss                 (6,468,769)     (6,468,769)
Issuance of common stock under Employee Stock Purchase Plan             $ 6 [1] 125,392 [1]       125,398
Issuance of common stock under Employee Stock Purchase Plan, Shares [1]             113          
Issuance of common stock under Equity Incentive Plan [1]             $ 14 (14)        
Issuance of common stock under Equity Incentive Plan, Shares [1]             283          
Gain on extinguishment of related party debt               36,291 [1]       36,291
Share based compensation               966,825 [1]       966,825
Other share retirements             $ (2) [1] (139,380) [1] 108,196     (31,186)
Other share retirements, shares [1]             (40)          
Other comprehensive income (loss)                   10,422   10,422
BALANCE at Sep. 30, 2023 $ 28,000     $ 679 [1] 47,282,301 [1] (25,449,707)   21,861,273
BALANCE, Shares at Sep. 30, 2023 28,000 28,000   13,577 [1]          
BALANCE at Jun. 30, 2023 $ 28,000     $ 670 [1] 47,047,939 [1] (23,181,248) 34,108   23,929,469
BALANCE, Shares at Jun. 30, 2023   28,000     13,378 [1]          
Net loss                 (2,363,036)     (2,363,036)
Issuance of common stock under Employee Stock Purchase Plan [1]             $ 11 (11)        
Issuance of common stock under Employee Stock Purchase Plan, Shares [1]             233          
Share based compensation               353,843 [1]       353,843
Other share retirements             $ (2) [1] (119,470) [1] 94,577     (24,895)
Other share retirements, shares [1]             (34)          
Other comprehensive income (loss)                   (34,108)   (34,108)
BALANCE at Sep. 30, 2023 $ 28,000     $ 679 [1] 47,282,301 [1] (25,449,707)   21,861,273
BALANCE, Shares at Sep. 30, 2023 28,000 28,000   13,577 [1]          
BALANCE at Dec. 31, 2023 $ 28,000     $ 683 [1] 47,489,517 [1] (27,081,411)   20,436,789
BALANCE, Shares at Dec. 31, 2023 28,000     13,663 [1]          
Net loss                 (9,029,973)     (9,029,973)
Issuance of common stock under Employee Stock Purchase Plan             $ 8 [1] 9,764 [1]       9,772
Issuance of common stock under Employee Stock Purchase Plan, Shares [1]             153          
Issuance of common stock under Equity Incentive Plan [1]             $ 17 (17)        
Issuance of common stock under Equity Incentive Plan, Shares [1]             331          
Issuance of common stock under registered direct offering, net of issuance costs, Shares [1]             3,604          
Issuance of common stock under registered direct offering, net of issuance costs             $ 180 [1] 918,808 [1]       918,988
Issuance of Series B Preferred Stock, shares       1                
Issuance of Series B Preferred Stock       $ 1       14 [1]       15
Cancellation of Series B Preferred Stock, shares       (1)                
Cancellation of Series B Preferred Stock       $ (1)               (1)
Issuance of common stock under PIPE Warrant exercise, shares [1]             16,545          
Issuance of common stock under PIPE Warrant exercise             $ 827 [1] 323,963 [1]       324,790
Cash in lieu payment on fractional shares under reverse stock split             $ (1) [1] (1,131) [1]       (1,132)
Cash in lieu payment on fractional shares under reverse stock split, Shares [1]             (14)          
Reclassification of Series A Preferred Stock to temporary equity, Shares 28,000 (28,000)                    
Reclassification of Series A Preferred Stock to temporary equity $ 30,968,875 $ (28,000)           (30,940,875) [1]       (30,968,875)
Reclassification of temporary equity to Series A Preferred Stock, shares (14,515) 14,515                    
Reclassification of temporary equity to Series A Preferred Stock $ (16,442,945) $ 14,515           16,428,430 [1]       16,442,945
Deemed dividend on extinguishment of Convertible Preferred Stock 751,125             (751,125) [1]       (751,125)
Reclassification of PIPE Warrants to liabilities               (10,592,220) [1]       (10,592,220)
Reclassification of PIPE Warrants to equity               11,242,257 [1]       11,242,257
Exchange of Series A Preferred Stock and PIPE Warrants to Series C Preferred Stock, net of issuance costs, shares   (13,025)     28,041           28,041  
Exchange of Series A Preferred Stock and PIPE Warrants to Series C Preferred Stock, net of issuance costs   $ (13,025)     $ 28,041     (15,016) [1]        
Issuance costs on exchange of Series A Preferred Stock and PIPE Warrants to Series C Preferred Stock               (156,524) [1]       (156,524)
Conversion of Redeemable Convertible Preferred Stock to Common Stock $ (15,277,055)           $ 6,305 [1] 15,270,750 [1]       15,277,055
Conversion of Redeemable Convertible Preferred Stock to Common Stock, Shares (13,485)           126,098 [1]          
Conversion of Series A Convertible Preferred Stock to Common Stock, Shares   (1,490)         14,195 [1]          
Conversion of Series A Convertible Preferred Stock to Common Stock   $ (1,490)         $ 710 [1] 780 [1]        
Conversion of Series C Preferred Stock to Common Stock, shares         (17,233) 765,912 765,912 [1]          
Conversion of Series C Preferred Stock to Common Stock         $ (17,233)   $ 38,297 [1] (21,064) [1]        
Share based compensation               (16,199) [1]       (16,199)
Other share retirements             $ (5) [1] (38,263) [1] 32,170     (6,098)
Other share retirements, shares [1]             (102)          
BALANCE at Sep. 30, 2024   $ 10,808   $ 47,021 [1] 49,151,849 [1] (36,079,214)   13,130,464
BALANCE, Shares at Sep. 30, 2024   10,808   940,385 [1]          
BALANCE at Jun. 30, 2024 $ 16,442,945   $ 1   $ 7,244 [1] 21,875,678 [1] (32,780,605)   (10,897,682)
BALANCE, Shares at Jun. 30, 2024 14,515   1   144,865 [1]          
Net loss                 (3,298,609)     (3,298,609)
Cancellation of Series B Preferred Stock, shares       (1)                
Cancellation of Series B Preferred Stock       $ (1)               (1)
Issuance of common stock under PIPE Warrant exercise, shares [1]             15,413          
Issuance of common stock under PIPE Warrant exercise [1]             $ 770 (770)        
Reclassification of temporary equity to Series A Preferred Stock, shares (14,515) 14,515                    
Reclassification of temporary equity to Series A Preferred Stock $ (16,442,945) $ 14,515           16,428,430 [1]       16,442,945
Reclassification of PIPE Warrants to equity               11,242,257 [1]       11,242,257
Exchange of Series A Preferred Stock and PIPE Warrants to Series C Preferred Stock, net of issuance costs, shares   (13,025)     28,041              
Exchange of Series A Preferred Stock and PIPE Warrants to Series C Preferred Stock, net of issuance costs   $ (13,025)     $ 28,041     (15,016) [1]        
Issuance costs on exchange of Series A Preferred Stock and PIPE Warrants to Series C Preferred Stock               (156,524) [1]       (156,524)
Conversion of Series A Convertible Preferred Stock to Common Stock, Shares   (1,490)         14,195 [1]          
Conversion of Series A Convertible Preferred Stock to Common Stock   $ (1,490)         $ 710 [1] 780 [1]        
Conversion of Series C Preferred Stock to Common Stock, shares         (17,233)   765,912 [1]          
Conversion of Series C Preferred Stock to Common Stock         $ (17,233)   $ 38,297 [1] (21,064) [1]        
Share based compensation               (201,922) [1]       (201,922)
BALANCE at Sep. 30, 2024   $ 10,808   $ 47,021 [1] $ 49,151,849 [1] $ (36,079,214)   $ 13,130,464
BALANCE, Shares at Sep. 30, 2024   10,808   940,385 [1]          
[1] Prior period results have been adjusted to reflect the reverse stock split of the common stock at a ratio of 1-for-50 that became effective October 17, 2024 and the reverse stock split of the common stock at a ratio of 1-for-15 that became effective June 12, 2024. See Note 1, "Nature of Operations," for further details.