Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Stockholders' Equity (Unaudited)

v3.22.2.2
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Common Stock Subscription Receivable [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance - March 31, 2022 at Dec. 31, 2020 $ 460 $ 8,133,655 $ (6,003,292) $ 2,130,823
Beginning 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        
Ending Balance at Mar. 31, 2021 $ 461 8,422,891 (6,917,981) 1,505,371
Ending balance, shares at Mar. 31, 2021 1 4,611,286        
Balance - March 31, 2022 at Dec. 31, 2020 $ 460 8,133,655 (6,003,292) 2,130,823
Beginning Balance, shares at Dec. 31, 2020 1 4,597,000        
Net income (loss)           (1,725,336)
Ending Balance at Jun. 30, 2021 $ 491 10,587,627 (7,728,628) 2,859,490
Ending balance, shares at Jun. 30, 2021 1 4,905,572        
Balance - March 31, 2022 at Mar. 31, 2021 $ 461 8,422,891 (6,917,981) 1,505,371
Beginning 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        
Ending Balance at Jun. 30, 2021 $ 491 10,587,627 (7,728,628) 2,859,490
Ending balance, shares at Jun. 30, 2021 1 4,905,572        
Balance - March 31, 2022 at Dec. 31, 2021 $ 519 (32,500) 13,835,882 (10,667,704) 3,136,197
Beginning 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
Ending Balance at Mar. 31, 2022 $ 519 14,164,342 (12,537,425) 1,627,436
Ending balance, shares at Mar. 31, 2022 1 5,187,062        
Balance - March 31, 2022 at Dec. 31, 2021 $ 519 (32,500) 13,835,882 (10,667,704) 3,136,197
Beginning Balance, shares at Dec. 31, 2021 1 5,187,062        
Net income (loss)           (1,391,967)
Shares issued for services           $ 60,551
Shares issued for services, shares           35,000
Ending Balance at Jun. 30, 2022 $ 922 24,060,753 (12,059,671) $ 12,002,004
Ending balance, shares at Jun. 30, 2022 1 9,207,415        
Balance - March 31, 2022 at Mar. 31, 2022 $ 519 14,164,342 (12,537,425) 1,627,436
Beginning 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 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        
Shares issued for services $ 4 60,547 60,551
Shares issued for services, shares   35,000        
Ending Balance at Jun. 30, 2022 $ 922 $ 24,060,753 $ (12,059,671) $ 12,002,004
Ending balance, shares at Jun. 30, 2022 1 9,207,415