Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Common Stock Subscription Receivable [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2020 $ 460 $ 8,133,655 $ (6,003,292) $ 2,130,823
Balance, shares at Dec. 31, 2020 1 4,597,000          
Net income (loss) (914,689) (914,689)
Share-based payments 189,237   189,237
Issuance of common stock for equipment order $ 1 99,999   100,000
Issuance of common stock for equipment order, shares   14,286          
Balance at Mar. 31, 2021 $ 461 8,422,891 (6,917,981) 1,505,371
Balance, shares at Mar. 31, 2021 1 4,611,286          
Balance at Dec. 31, 2020 $ 460 8,133,655 (6,003,292) 2,130,823
Balance, shares at Dec. 31, 2020 1 4,597,000          
Net income (loss)             (3,066,584)
Balance at Sep. 30, 2021 $ 505 (50,000) 12,472,043 (9,069,876) 3,384,672
Balance, shares at Sep. 30, 2021 1 5,050,715          
Balance at Mar. 31, 2021 $ 461 8,422,891 (6,917,981) 1,505,371
Balance, shares at Mar. 31, 2021 1 4,611,286          
Net income (loss) (810,647) (810,647)
Share-based payments 104,766   104,766
Issuance of common stock for equipment order $ 6 399,994   400,000
Issuance of common stock for equipment order, shares   57,143          
Issuance of common stock from subscriptions $ 24 1,659,976   1,660,000
Issuance of common stock from subscriptions, shares   237,143          
Balance at Jun. 30, 2021 $ 491 10,587,627 (7,728,628) 2,859,490
Balance, shares at Jun. 30, 2021 1 4,905,572          
Net income (loss) (1,341,248) (1,341,248)
Issuance of common stock from subscriptions $ 11 (50,000) 764,419   746,430
Issuance of common stock from subscriptions, shares   113,715          
Share-based compensation charges 900,000   900,000
Shares issued for services   20,000   20,000
Shares issued for services, shares   2,857          
Issuance of common stock as advance on asset acquisition $ 3 199,997   200,000
Issuance of common stock as advance on asset acquisition, shares   28,571          
Balance at Sep. 30, 2021 $ 505 (50,000) 12,472,043 (9,069,876) 3,384,672
Balance, shares at Sep. 30, 2021 1 5,050,715          
Balance at Dec. 31, 2021 $ 519 (32,500) 13,835,882 (10,667,704) 3,136,197
Balance, shares at Dec. 31, 2021 1 5,187,062          
Net income (loss) (1,869,721) (1,869,721)
Share-based compensation charges 328,460 328,460
Collections of common stock subscriptions 32,500 32,500
Balance at Mar. 31, 2022 $ 519 14,164,342 (12,537,425) 1,627,436
Balance, shares at Mar. 31, 2022 1 5,187,062          
Balance at Dec. 31, 2021 $ 519 (32,500) 13,835,882 (10,667,704) 3,136,197
Balance, shares at Dec. 31, 2021 1 5,187,062          
Net income (loss)             (3,790,090)
Shares issued for services             $ 60,551
Shares issued for services, shares             35,000
Balance at Sep. 30, 2022 $ 922 24,367,585 (190,863) (14,457,794) $ 9,719,850
Balance, shares at Sep. 30, 2022 1 9,207,415          
Balance at Mar. 31, 2022 $ 519 14,164,342 (12,537,425) 1,627,436
Balance, shares at Mar. 31, 2022 1 5,187,062          
Net income (loss) 477,754 477,754
Share-based compensation charges 365,606 365,606
Shares issued for services $ 4 60,547 60,551
Shares issued for services, shares   35,000          
Shares issued in Initial Public Offering   $ 375 8,974,282 8,974,657
Shares issued in Initial Public Offering, shares   3,750,000          
Issuance of shares for contingent stock liability   $ 24 495,976 496,000
Issuance of shares for contingent stock liability, shares   235,294          
Fractional share adjustment      
Fractional share adjustment, shares   59          
Balance at Jun. 30, 2022 $ 922 24,060,753 (12,059,671) 12,002,004
Balance, shares at Jun. 30, 2022 1 9,207,415          
Net income (loss) (2,398,123) (2,398,123)
Share-based compensation charges   306,832 306,832
Foreign currency translation   (190,863) (190,863)
Balance at Sep. 30, 2022 $ 922 $ 24,367,585 $ (190,863) $ (14,457,794) $ 9,719,850
Balance, shares at Sep. 30, 2022 1 9,207,415