Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Stockholders' Equity (Unaudited)

v3.22.4
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Jun. 30, 2021 $ 23,345 $ 60,032,597 $ (38,644,084) $ 21,411,858
Beginning balance, shares at Jun. 30, 2021 23,344,567      
Stock-based compensation expense 34,173 34,173
Net loss (1,553,395) (1,553,395)
Ending balance, value at Sep. 30, 2021 $ 23,345 60,066,770 (40,197,479) 19,892,636
Ending balance, shares at Sep. 30, 2021 23,344,567      
Beginning balance, value at Jun. 30, 2021 $ 23,345 60,032,597 (38,644,084) 21,411,858
Beginning balance, shares at Jun. 30, 2021 23,344,567      
Net loss       (2,626,386)
Ending balance, value at Dec. 31, 2021 $ 23,345 60,161,052 (41,270,470) 18,913,927
Ending balance, shares at Dec. 31, 2021 23,344,567      
Beginning balance, value at Sep. 30, 2021 $ 23,345 60,066,770 (40,197,479) 19,892,636
Beginning balance, shares at Sep. 30, 2021 23,344,567      
Stock-based compensation expense 94,282 94,282
Net loss (1,072,991) (1,072,991)
Ending balance, value at Dec. 31, 2021 $ 23,345 60,161,052 (41,270,470) 18,913,927
Ending balance, shares at Dec. 31, 2021 23,344,567      
Beginning balance, value at Jun. 30, 2022 $ 23,345 60,513,258 (45,469,703) 15,066,900
Beginning balance, shares at Jun. 30, 2022 23,344,567      
Stock-based compensation expense 211,900 211,900
Net loss (2,611,835) (2,611,835)
Issuance of common stock, net of offering costs of $248,927 $ 2,265 6,395,556 6,397,821
Issuance of common stock, net of offering costs of $248,927, shares 2,264,650      
Common stock issued upon exercise of options $ 24 52,376 52,400
Common stock issued upon exercise of options, shares 24,000      
Ending balance, value at Sep. 30, 2022 $ 25,634 67,173,090 (48,081,538) 19,117,186
Ending balance, shares at Sep. 30, 2022 25,633,217      
Beginning balance, value at Jun. 30, 2022 $ 23,345 60,513,258 (45,469,703) 15,066,900
Beginning balance, shares at Jun. 30, 2022 23,344,567      
Net loss       $ (6,438,787)
Common stock issued upon exercise of options, shares       24,000
Ending balance, value at Dec. 31, 2022 $ 25,634 67,398,711 (51,908,490) $ 15,515,855
Ending balance, shares at Dec. 31, 2022 25,633,217      
Beginning balance, value at Sep. 30, 2022 $ 25,634 67,173,090 (48,081,538) 19,117,186
Beginning balance, shares at Sep. 30, 2022 25,633,217      
Stock-based compensation expense 225,621 225,621
Net loss (3,826,952) (3,826,952)
Ending balance, value at Dec. 31, 2022 $ 25,634 $ 67,398,711 $ (51,908,490) $ 15,515,855
Ending balance, shares at Dec. 31, 2022 25,633,217