Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Stockholders' Equity (Unaudited)

v3.23.1
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Jun. 30, 2021 $ 23,345 $ 60,032,597 $ (38,644,084) $ 21,411,858
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)
Balance at Sep. 30, 2021 $ 23,345 60,066,770 (40,197,479) 19,892,636
Balance, shares at Sep. 30, 2021 23,344,567      
Balance at Jun. 30, 2021 $ 23,345 60,032,597 (38,644,084) 21,411,858
Balance, shares at Jun. 30, 2021 23,344,567      
Net loss       (4,502,877)
Balance at Mar. 31, 2022 $ 23,345 60,286,306 (43,146,961) 17,162,690
Balance, shares at Mar. 31, 2022 23,344,567      
Balance at Sep. 30, 2021 $ 23,345 60,066,770 (40,197,479) 19,892,636
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)
Balance at Dec. 31, 2021 $ 23,345 60,161,052 (41,270,470) 18,913,927
Balance, shares at Dec. 31, 2021 23,344,567      
Stock-based compensation expense 125,254 125,254
Net loss (1,876,491) (1,876,491)
Balance at Mar. 31, 2022 $ 23,345 60,286,306 (43,146,961) 17,162,690
Balance, shares at Mar. 31, 2022 23,344,567      
Balance at Jun. 30, 2022 $ 23,345 60,513,258 (45,469,703) 15,066,900
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
Stock Issued During Period, Shares, New Issues 2,264,650      
Common stock issued upon exercise of options $ 24 52,376 52,400
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period 24,000      
Balance at Sep. 30, 2022 $ 25,634 67,173,090 (48,081,538) 19,117,186
Balance, shares at Sep. 30, 2022 25,633,217      
Balance at Jun. 30, 2022 $ 23,345 60,513,258 (45,469,703) 15,066,900
Balance, shares at Jun. 30, 2022 23,344,567      
Net loss       $ (9,236,758)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period       24,000
Balance at Mar. 31, 2023 $ 25,634 67,622,348 (54,706,461) $ 12,941,521
Balance, shares at Mar. 31, 2023 25,633,217      
Balance at Sep. 30, 2022 $ 25,634 67,173,090 (48,081,538) 19,117,186
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)
Balance at Dec. 31, 2022 $ 25,634 67,398,711 (51,908,490) 15,515,855
Balance, shares at Dec. 31, 2022 25,633,217      
Stock-based compensation expense 223,637 223,637
Net loss (2,797,971) (2,797,971)
Balance at Mar. 31, 2023 $ 25,634 $ 67,622,348 $ (54,706,461) $ 12,941,521
Balance, shares at Mar. 31, 2023 25,633,217