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Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated other Comprehensive Income (Loss)
Total
Balance at Dec. 31, 2022 $ 130 $ 50,198,630 $ (45,099,116) $ 22,006 $ 5,121,650
Balance (in Shares) at Dec. 31, 2022 1,302,113        
Exercise of warrants $ 186 1,674 1,860
Exercise of warrants (in Shares) 1,860,000        
Stock-based compensation 10,630 10,630
Common stock and warrants issued in private placement, net of offering costs $ 14 8,909,516 8,909,530
Common stock and warrants issued in private placement, net of offering costs (in Shares) 140,000        
Cumulative translation adjustment 5,370 5,370
Net loss (2,183,507) (2,183,507)
Balance at Mar. 31, 2023 $ 330 59,120,450 (47,282,623) 27,376 11,865,533
Balance (in Shares) at Mar. 31, 2023 3,302,113        
Balance at Dec. 31, 2022 $ 130 50,198,630 (45,099,116) 22,006 5,121,650
Balance (in Shares) at Dec. 31, 2022 1,302,113        
Net loss         (4,056,538)
Balance at Jun. 30, 2023 $ 330 59,130,198 (49,155,654) (23,712) 9,951,162
Balance (in Shares) at Jun. 30, 2023 3,302,113        
Balance at Mar. 31, 2023 $ 330 59,120,450 (47,282,623) 27,376 11,865,533
Balance (in Shares) at Mar. 31, 2023 3,302,113        
Stock-based compensation 9,748 9,748
Cumulative translation adjustment (51,088) (51,088)
Net loss (1,873,031) (1,873,031)
Balance at Jun. 30, 2023 $ 330 59,130,198 (49,155,654) (23,712) 9,951,162
Balance (in Shares) at Jun. 30, 2023 3,302,113        
Balance at Dec. 31, 2023 $ 435 61,732,106 (52,944,506) 27,260 8,815,295
Balance (in Shares) at Dec. 31, 2023 4,348,129        
Exercise of pre-funded warrants $ 5 (5)
Exercise of pre-funded warrants (in Shares) 55,675        
Stock-based compensation 513,350 513,350
Deferred offering cost related to warrant inducement 550,500 550,500
Cumulative translation adjustment (5,768) (5,768)
Net loss (2,040,783) (2,040,783)
Balance at Mar. 31, 2024 $ 440 62,795,951 (54,985,289) 21,492 7,832,594
Balance (in Shares) at Mar. 31, 2024 4,403,804        
Balance at Dec. 31, 2023 $ 435 61,732,106 (52,944,506) 27,260 8,815,295
Balance (in Shares) at Dec. 31, 2023 4,348,129        
Net loss         (3,673,257)
Balance at Jun. 30, 2024 $ 536 65,934,709 (56,617,763) 23,126 9,340,608
Balance (in Shares) at Jun. 30, 2024 5,358,804        
Balance at Mar. 31, 2024 $ 440 62,795,951 (54,985,289) 21,492 7,832,594
Balance (in Shares) at Mar. 31, 2024 4,403,804        
Exercise of pre-funded warrants
Common shares issued and issuable for exercise of warrants [1] $ 96 3,682,204 3,682,300
Common shares issued and issuable for exercise of warrants (in Shares) [1] 955,000        
Stock-based compensation 7,054 7,054
Deferred offering cost related to warrant inducement (550,500) (550,500)
Cumulative translation adjustment 1,634 1,634
Net loss (1,632,474) (1,632,474)
Balance at Jun. 30, 2024 $ 536 $ 65,934,709 $ (56,617,763) $ 23,126 $ 9,340,608
Balance (in Shares) at Jun. 30, 2024 5,358,804        
[1] Represents the aggregate fair value of 2,500,000 shares of common stock, which includes 955,000 shares that have been issued and 1,545,000 shares held in abeyance (See Note 5 – Stockholders’ Equity – Warrants for additional information.