Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders??? Equity

v3.23.1
Condensed Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
Preferred Stock [Member]
Series A Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Total
BALANCE at Dec. 31, 2021   $ 153,750 $ (53,750) $ (8,736,894)   $ (8,636,894)
BALANCE, Shares at Dec. 31, 2021   3,074,998        
Net loss       (1,883,634)   (1,883,634)
Issuance of common stock for professional services   $ 625 (625)      
Issuance of common stock for professional services, Shares   12,499        
Issuance of common stock for conversion of related party payables   $ 14,688 2,335,313     2,350,000
Issuance of common stock for conversion of related party payables, Shares   293,750        
Issuance of common stock for conversion of working capital note payable   $ 3,125 496,875     500,000
Issuance of common stock for conversion of working capital note payable, Shares   62,500        
Effect of reverse capitalization   $ 121,467 1,473,312     1,594,779
Effect of reverse capitalization, Shares   2,429,341        
Issuance of common stock for HEC Asset Acquisition   $ 78,125 12,703,109     12,781,234
Issuance of common stock for HEC Asset Acquisition, Shares   1,562,498        
Issuance of preferred stock and warrants to PIPE investors, net of issuance costs $ 32,000   29,268,630     29,300,630
Issuance of preferred stock and warrants to PIPE investors, net of issuance costs, Shares 32,000          
Contingent consideration related to merger transaction     (4,684,000)     (4,684,000)
Other comprehensive income (loss)         $ (17,067) (17,067)
BALANCE at Mar. 31, 2022 $ 32,000 $ 371,779 41,538,864 (10,620,528) (17,067) 31,305,048
BALANCE, Shares at Mar. 31, 2022 32,000 7,435,586        
BALANCE at Dec. 31, 2022 $ 28,000 $ 495,779 45,798,069 (19,089,134) (10,422) 27,222,292
BALANCE, Shares at Dec. 31, 2022 28,000 9,915,586        
Net loss       (2,554,989)   (2,554,989)
Issuance of common stock under Equity Incentive Plan   $ 1,875 (1,875)      
Issuance of common stock under Equity Incentive Plan, Shares   37,500        
Share based compensation     312,445     312,445
Other share retirements   $ (212) (19,698) 13,619   (6,291)
Other share retirements, shares   (4,250)        
Other comprehensive income (loss)         24,405 24,405
BALANCE at Mar. 31, 2023 $ 28,000 $ 497,442 $ 46,088,941 $ (21,630,504) $ 13,983 $ 24,997,862
BALANCE, Shares at Mar. 31, 2023 28,000 9,948,836