XML 17 R5.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
Common Stock
Paid in Capital
Retained Earnings (Accumulated Deficit)
Beginning Balance at Dec. 31, 2020 $ 40,038,891 $ 93,431 $ 40,455,409 $ (509,949)
Beginning Balance, shares at Dec. 31, 2020   9,343,118    
Restricted stock grants issued   $ 758 (758)  
Restricted stock grants issued, Shares   75,775    
Issuance of common stock, net of expenses 6,215,234 $ 12,897 6,202,337  
Issuance of common stock, net of expenses, Shares   1,289,720    
Stock-based compensation 194,372   194,372  
Net income 3,281,251     3,281,251
Dividends (2,611,651)     (2,611,651)
Ending Balance at Dec. 31, 2021 $ 47,118,097 $ 107,086 46,851,360 159,651
Ending Balance, shares at Dec. 31, 2021 10,708,613 10,708,613    
Restricted stock grants issued   $ 299 (299)  
Restricted stock grants issued, Shares   29,944    
Restricted stock grants forfeitures   $ (33) 33  
Restricted stock grants forfeiture, Shares   (3,313)    
Issuance of common stock, net of expenses $ 2,008,436 $ 3,739 2,004,697  
Issuance of common stock, net of expenses, Shares   373,833    
Stock-based compensation 173,921   173,921  
Net income 2,057,723     2,057,723
Dividends (3,019,063)     (3,019,063)
Ending Balance at Dec. 31, 2022 $ 48,339,114 $ 111,091 $ 49,029,712 $ (801,689)
Ending Balance, shares at Dec. 31, 2022 11,109,077 11,109,077