Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - 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
Beginning balance, value at Dec. 31, 2022 $ 6,530 $ (2,000,000) $ 27,573,500 $ 48,075 $ (17,864,028) $ (6,543) $ 7,757,534
Beginning balance, shares at Dec. 31, 2022 6,529,638            
Stock based compensation - options 515,490 515,490
Stock based compensation - cashless exercise option $ 1 (1)
Stock based compensation - cashless exercise option, shares 1,086            
Stock based compensation - shares $ 6 405,406 26,401 431,813
Stock based compensation - shares, shares 6,225            
Purchase of treasury stock (469,048) (469,048)
Retirement of treasury stock $ (60) 2,000,000 (1,999,940)
Retirement of treasury stock, shares (60,000)            
Amendment stock purchase agreement – treasury stock 35,000 35,000
Issued stock dividend
Issued stock dividend, shares 233            
Other comprehensive loss (7,021) (7,021)
Net loss (4,718,142) (4,718,142)
Ending balance, value at Dec. 31, 2023 $ 6,477 (434,048) 26,494,455 74,476 (22,582,170) (13,564) 3,545,626
Ending balance, shares at Dec. 31, 2023 6,477,182            
Stock based compensation - options 147,975 147,975
Stock based compensation - shares $ 13 466,183 (48,903) 417,293
Stock based compensation - shares, shares 12,594            
Purchase of treasury stock $ (243) (669,906) 243 (669,906)
Purchase of treasury stock, shares (243,304)            
Stock issued for placement agent $ 375 1,085,625 1,086,000
Stock issued for placement agent, shares 375,000            
Stock issued for private placement $ 430 1,289,570 1,290,000
Stock issued for private placement, shares 430,000            
Fair value of stock issued to placement agent as commitment fee $ 105 249,895 250,000
Fair value of stock issued to placement agent as commitment fee, shares 105,175            
Stock based compensation related to discount on shares sold to related parties 340,000 340,000
Retirement of treasury stock $ (3) 48,362 (48,359)
Retirement of treasury stock, shares (3,000)            
Other comprehensive loss (11,626) (11,626)
Net loss (3,200,138) (3,200,138)
Ending balance, value at Dec. 31, 2024 $ 7,154 $ (1,055,592) $ 30,025,587 $ 25,573 $ (25,782,308) $ (25,190) $ 3,195,224
Ending balance, shares at Dec. 31, 2024 7,153,647