Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
Shares To Be Issued Common Shares [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance – December 31, 2021* at Dec. 31, 2021 $ 64,889 $ 24,071,445 $ 1,922,753 $ (12,937,091) $ (4) $ 13,121,992
Beginning balance, shares at Dec. 31, 2021 64,889,612            
Stock based compensation - options $ 82 652,419 652,501
Stock based compensation - options, shares 82,347            
Stock based compensation - shares $ 91 642,789 21,020 663,900
Stock based compensation - shares, shares 90,750            
Purchase of treasury stock (2,000,000) (2,000,000)
Common stock issued for this period service $ 1 7,999 8,000
Common stock issued for this period service, shares 1,337            
Common stock issued for prior period service $ 48 146,661 (146,709)
Common stock issued for prior period service, shares 47,604            
Common stock issued for cashless exercise of warrants $ 182 1,775,862 (1,776,044)
Common stock issued for cashless exercise of warrants, shares 181,723            
Other comprehensive income 4,717 4,717
Net loss (3,872,247) (3,872,247)
Balance – September 30, 2022* at Sep. 30, 2022 $ 65,293 (2,000,000) 27,297,175 21,020 (16,809,338) 4,713 8,578,863
Ending balance, shares at Sep. 30, 2022 65,293,373            
Balance – December 31, 2021* at Jun. 30, 2022 $ 65,120 26,458,717 684,920 (15,867,318) 117 11,341,556
Beginning balance, shares at Jun. 30, 2022 65,120,276            
Stock based compensation - options $ 82 195,669 195,751
Stock based compensation - options, shares 82,347            
Stock based compensation - shares $ 91 642,789 (663,900) (21,020)
Stock based compensation - shares, shares 90,750            
Purchase of treasury stock (2,000,000) (2,000,000)
Other comprehensive income 4,596 4,596
Net loss (942,020) (942,020)
Balance – September 30, 2022* at Sep. 30, 2022 $ 65,293 (2,000,000) 27,297,175 21,020 (16,809,338) 4,713 8,578,863
Ending balance, shares at Sep. 30, 2022 65,293,373            
Balance – December 31, 2021* at Dec. 31, 2022 $ 65,297 (2,000,000) 27,514,733 48,075 (17,864,028) (6,543) 7,757,534
Beginning balance, shares at Dec. 31, 2022 65,296,383            
Stock based compensation - options 400,208 400,208
Stock based compensation – cashless exercise options $ 10 (10)
Stock based compensation cashless exercise options, shares 10,857            
Stock based compensation - shares $ 62 184,917 (1,975) 183,004
Stock based compensation - shares, shares 62,250            
Purchase of treasury stock   (420,686) (420,686)
Retirement of treasury stock $ (600) 2,000,000 (1,999,400)
Retirement of treasury stock, shares (600,000)            
Amendment stock purchase agreement – treasury stock 35,000 35,000
Other comprehensive income (447) (447)
Issued stock dividend $ 2 (2)
Issued stock dividend, shares 2,327            
Net loss (3,100,442) (3,100,442)
Balance – September 30, 2022* at Sep. 30, 2023 $ 64,771 (385,686) 26,100,446 46,100 (20,964,470) (6,990) 4,854,171
Ending balance, shares at Sep. 30, 2023 64,771,817            
Balance – December 31, 2021* at Jun. 30, 2023 $ 64,771 (420,686) 25,967,044 31,400 (19,996,437) (6,751) 5,639,341
Beginning balance, shares at Jun. 30, 2023 64,771,817            
Stock based compensation - options 133,402 133,402
Stock based compensation - shares 14,700 14,700
Amendment stock purchase agreement – treasury stock 35,000 35,000
Other comprehensive income (239) (239)
Net loss (968,033) (968,033)
Balance – September 30, 2022* at Sep. 30, 2023 $ 64,771 $ (385,686) $ 26,100,446 $ 46,100 $ (20,964,470) $ (6,990) $ 4,854,171
Ending balance, shares at Sep. 30, 2023 64,771,817