Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Unaudited)

v3.24.3
Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Class A [Member]
Common Stock [Member]
Common Class B [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2022 $ 8 $ 10 $ 32,131,041 $ (28,255,846) $ 3,875,213
Balance, shares at Dec. 31, 2022 80,235 100,000      
Class A common stock units issued $ 17 4,615,448 4,615,465
Class A common stock units issued, shares 172,500        
Net loss (3,441,059) (3,441,059)
Warrants issued for finance expense 566,229 566,229
Balance at Mar. 31, 2023 $ 25 $ 10 37,312,718 (31,696,905) 5,615,848
Balance, shares at Mar. 31, 2023 252,735 100,000      
Balance at Dec. 31, 2022 $ 8 $ 10 32,131,041 (28,255,846) 3,875,213
Balance, shares at Dec. 31, 2022 80,235 100,000      
Net loss         (11,024,725)
Balance at Sep. 30, 2023 $ 70 $ 10 47,764,129 (39,280,571) 8,483,638
Balance, shares at Sep. 30, 2023 709,663 100,000      
Balance at Mar. 31, 2023 $ 25 $ 10 37,312,718 (31,696,905) 5,615,848
Balance, shares at Mar. 31, 2023 252,735 100,000      
Class A common stock units issued $ 12 10,170,471 10,170,483
Class A common stock units issued, shares 123,599        
Class A common stock issued for exercise of warrants $ 22 1,541 1,563
Class A common stock issued for exercise of warrants, shares 221,624        
Net loss (3,501,581) (3,501,581)
Warrants issued for finance expense 240,525 240,525
Debt forgiveness related party
Balance at Jun. 30, 2023 $ 59 $ 10 47,725,255 (35,198,486) 12,526,838
Balance, shares at Jun. 30, 2023 597,958 100,000      
Class A common stock issued for exercise of warrants $ 11 599 610
Class A common stock issued for exercise of warrants, shares 111,705        
Vested Board Compensation 25,000 25,000
Stock option expense 13,275 13,275
Net loss (4,082,085) (4,082,085)
Balance at Sep. 30, 2023 $ 70 $ 10 47,764,129 (39,280,571) 8,483,638
Balance, shares at Sep. 30, 2023 709,663 100,000      
Balance at Dec. 31, 2023 $ 98 $ 10 49,918,441 (42,786,793) 7,131,756
Balance, shares at Dec. 31, 2023 983,173 100,000      
Class A common stock issued for conversion of Series A preferred stock and dividend $ 11 58,930 58,941
Class A common stock issued for conversion of Series A preferred stock and dividend, shares 106,748        
Class A common stock units issued $ 258 12,110,528 12,110,786
Class A common stock units issued, shares 2,572,700        
Class A common stock issued for exercise of warrants $ 42 1,631,483 1,631,525
Class A common stock issued for exercise of warrants, shares 418,724        
Vested Board Compensation 37,500 37,500
Stock option expense 41,698 41,698
Common stock issue for reverse split adjustment
Common stock issue for reverse split adjustment, shares (1)        
Dividend on Series A preferred Stock (42,375) (42,375)
Net loss (3,810,500) (3,810,500)
Balance at Mar. 31, 2024 $ 409 $ 10 63,798,580 (46,639,668) 17,159,331
Balance, shares at Mar. 31, 2024 4,081,344 100,000      
Balance at Dec. 31, 2023 $ 98 $ 10 49,918,441 (42,786,793) 7,131,756
Balance, shares at Dec. 31, 2023 983,173 100,000      
Net loss         (11,849,173)
Balance at Sep. 30, 2024 $ 409 $ 10 63,955,422 (54,678,341) 9,277,500
Balance, shares at Sep. 30, 2024 4,081,344 100,000      
Balance at Mar. 31, 2024 $ 409 $ 10 63,798,580 (46,639,668) 17,159,331
Balance, shares at Mar. 31, 2024 4,081,344 100,000      
Vested Board Compensation 36,484 36,484
Stock option expense 44,346 44,346
Net loss (4,136,084) (4,136,084)
Balance at Jun. 30, 2024 $ 409 $ 10 63,879,410 (50,775,752) 13,104,077
Balance, shares at Jun. 30, 2024 4,081,344 100,000      
Vested Board Compensation 31,666 31,666
Stock option expense 44,346 44,346
Net loss (3,902,589) (3,902,589)
Balance at Sep. 30, 2024 $ 409 $ 10 $ 63,955,422 $ (54,678,341) $ 9,277,500
Balance, shares at Sep. 30, 2024 4,081,344 100,000