XML 16 R5.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Changes in Convertible Preferred Stock and Stockholders' Deficit (Unaudited) - USD ($)
Preferred Stock [Member]
Series A-1 Preferred Stock [Member]
Preferred Stock [Member]
Series A-2 Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Series A-1 Preferred Stock [Member]
Series A-2 Preferred Stock [Member]
Series B Preferred Stock [Member]
Total
Balance at January 1, 2023 (in shares) at Dec. 31, 2021 1,960,600 335,711 1,034,890              
Balance at January 1, 2023 at Dec. 31, 2021 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at January 1, 2023 (in shares) at Dec. 31, 2021       518,140            
Balance at January 1, 2023 at Dec. 31, 2021       $ 518 $ 18,521,988 $ (46,465,869)       $ (27,943,363)
Stock-based compensation expense, including vesting of RSUs       0 252,847 0       252,847
Net income $ 0 $ 0 $ 0 0           (4,275,647)
Stock-based compensation expense       $ 0 252,847 0       252,847
Balance at September 30, 2023 (in shares) at Sep. 30, 2022 1,960,600 335,711 1,034,890              
Balance at September 30, 2023 at Sep. 30, 2022 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at September 30, 2023 (in shares) at Sep. 30, 2022       518,140            
Balance at September 30, 2023 at Sep. 30, 2022       $ 518 18,902,352 (50,741,516)       (31,838,646)
Contributed capital in lieu of executive compensation 0 0 0 0 127,517 0       127,517
Unrealized loss on marketable securities $ 0 $ 0 $ 0 $ 0           (4,275,647)
Balance at January 1, 2023 (in shares) at Jun. 30, 2022 1,960,600 335,711 1,034,890              
Balance at January 1, 2023 at Jun. 30, 2022 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at January 1, 2023 (in shares) at Jun. 30, 2022       518,140            
Balance at January 1, 2023 at Jun. 30, 2022       $ 518 18,819,968 (49,858,893)       (31,038,407)
Stock-based compensation expense, including vesting of RSUs 0 0 0 0 82,384 0       82,384
Net income 0 0 0 0 0 (882,623)       (882,623)
Stock-based compensation expense $ 0 $ 0 $ 0 $ 0 82,384 0       82,384
Balance at September 30, 2023 (in shares) at Sep. 30, 2022 1,960,600 335,711 1,034,890              
Balance at September 30, 2023 at Sep. 30, 2022 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at September 30, 2023 (in shares) at Sep. 30, 2022       518,140            
Balance at September 30, 2023 at Sep. 30, 2022       $ 518 18,902,352 (50,741,516)       (31,838,646)
Unrealized loss on marketable securities $ 0 $ 0 $ 0 $ 0 0 (882,623)       (882,623)
Balance at January 1, 2023 (in shares) at Dec. 31, 2022 1,960,600 335,711 1,034,890       1,960,600 335,711 1,034,890  
Balance at January 1, 2023 at Dec. 31, 2022 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at January 1, 2023 (in shares) at Dec. 31, 2022       518,140            
Balance at January 1, 2023 at Dec. 31, 2022       $ 518 18,983,339 (52,268,916)       (33,285,059)
Net income                   (1,959,837)
Balance at September 30, 2023 (in shares) at Jun. 30, 2023 1,960,600 335,711 1,034,890              
Balance at September 30, 2023 at Jun. 30, 2023 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at September 30, 2023 (in shares) at Jun. 30, 2023       518,140            
Balance at September 30, 2023 at Jun. 30, 2023       $ 518 19,116,831 (54,228,753)       (35,111,404)
Unrealized loss on marketable securities                   (1,959,837)
Balance at January 1, 2023 (in shares) at Dec. 31, 2022 1,960,600 335,711 1,034,890       1,960,600 335,711 1,034,890  
Balance at January 1, 2023 at Dec. 31, 2022 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at January 1, 2023 (in shares) at Dec. 31, 2022       518,140            
Balance at January 1, 2023 at Dec. 31, 2022       $ 518 18,983,339 (52,268,916)       (33,285,059)
Conversion of preferred stock to common stock (in shares) (1,960,600) (335,711) (1,034,890)              
Conversion of preferred stock to common stock $ (246,849) $ (4,173,267) $ (19,867,095)             (24,287,211)
Conversion of preferred stock to common stock (in shares)       2,936,566            
Conversion of preferred stock to common stock $ 246,849 $ 4,173,267 $ 19,867,095             24,287,211
Issuance of common stock upon settlement of convertible promissory note (in shares) 0 0 0 795,905            
Issuance of common stock upon settlement of convertible promissory note $ 0 $ 0 $ 0 $ 796 6,988,953 0       6,989,749
Issuance of common stock to Diffusion stockholders in reverse recapitalization, net of issuance costs $ 0 $ 0 $ 0 $ 1,360 10,337,754 0       $ 10,339,114
Issuance of common stock to Diffusion stockholders in reverse recapitalization, net of issuance costs (in shares)     0 1,360,244           1,360,244
Sale of common stock (in shares) 0 0 0 63,422            
Sale of common stock $ 0 $ 0 $ 0 $ 63 809,937 0       $ 810,000
Stock-based compensation expense, including vesting of RSUs 0 0 0 $ 0 242,660 0       242,660
Stock-based compensation expense, including vesting of RSUs (in shares)       77            
Net income 0 0 0 $ 0 0 190,525       190,525
Conversion of convertible preferred stock to common stock       2,937 24,284,274 0       24,287,211
Stock-based compensation expense $ 0 $ 0 $ 0 $ 0 242,660 0       242,660
Balance at September 30, 2023 (in shares) at Sep. 30, 2023 0 0 0       0 0 0  
Balance at September 30, 2023 at Sep. 30, 2023 $ 0 $ 0 $ 0              
Balance at September 30, 2023 (in shares) at Sep. 30, 2023       5,674,354            
Balance at September 30, 2023 at Sep. 30, 2023       $ 5,674 61,646,917 (52,078,391)       9,574,200
Unrealized loss on marketable securities $ 0 $ 0 $ 0 $ 0 0 190,525       190,525
Balance at January 1, 2023 (in shares) at Jun. 30, 2023 1,960,600 335,711 1,034,890              
Balance at January 1, 2023 at Jun. 30, 2023 $ 246,849 $ 4,173,267 $ 19,867,095              
Balance at January 1, 2023 (in shares) at Jun. 30, 2023       518,140            
Balance at January 1, 2023 at Jun. 30, 2023       $ 518 19,116,831 (54,228,753)       (35,111,404)
Conversion of preferred stock to common stock (in shares) (1,960,600) (335,711) (1,034,890)              
Conversion of preferred stock to common stock $ (246,849) $ (4,173,267) $ (19,867,095) $ (2,937) (24,284,274) 0       (24,287,211)
Conversion of preferred stock to common stock (in shares)       2,936,566            
Conversion of preferred stock to common stock $ 246,849 $ 4,173,267 $ 19,867,095 $ 2,937 24,284,274 0       24,287,211
Issuance of common stock upon settlement of convertible promissory note (in shares) 0 0 0 795,905            
Issuance of common stock upon settlement of convertible promissory note $ 0 $ 0 $ 0 $ 796 6,988,953 0       6,989,749
Issuance of common stock to Diffusion stockholders in reverse recapitalization, net of issuance costs $ 0 $ 0 $ 0 $ 1,360 10,337,754 0       10,339,114
Issuance of common stock to Diffusion stockholders in reverse recapitalization, net of issuance costs (in shares)       1,360,244            
Sale of common stock (in shares) 0 0 0 63,422            
Sale of common stock $ 0 $ 0 $ 0 $ 63 809,937 0       810,000
Stock-based compensation expense, including vesting of RSUs 0 0 0 $ 0 109,168 0       109,168
Stock-based compensation expense, including vesting of RSUs (in shares)       77            
Net income 0 0 0 $ 0 0 2,150,362       2,150,362
Stock-based compensation expense $ 0 $ 0 $ 0 $ 0 109,168 0       109,168
Balance at September 30, 2023 (in shares) at Sep. 30, 2023 0 0 0       0 0 0  
Balance at September 30, 2023 at Sep. 30, 2023 $ 0 $ 0 $ 0              
Balance at September 30, 2023 (in shares) at Sep. 30, 2023       5,674,354            
Balance at September 30, 2023 at Sep. 30, 2023       $ 5,674 61,646,917 (52,078,391)       9,574,200
Unrealized loss on marketable securities $ 0 $ 0 $ 0 $ 0 $ 0 $ 2,150,362       $ 2,150,362