v3.25.3
Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 5 $ 1,149 $ 55,184,524 $ (55,938,325) $ (752,647)
Balance, shares at Dec. 31, 2023 4,550 1,148,321      
Dividends declared (1,886,257) (1,886,257)
Capitalized dividends – D, E & F 1,587,852 1,587,852
Net loss (3,995,271) (3,995,271)
Conversion of Series C-1 preferred stock into common shares $ (2) $ 2 $ 28,886 $ 28,886
Conversion of preferred stock into common shares, shares (2,186) 864,846      
Share based compensation expense 3,562 3,562
Issuance of preferred stock net of issuance costs $ 43 $ 975,908 $ 975,951
Issuance of preferred stock net of issuance costs, shares 43,462        
Balance at Sep. 30, 2024 $ 46 $ 1,151 55,894,475 (59,933,596) (4,037,924)
Balance, shares at Sep. 30, 2024 45,826 2,013,167      
Balance at Jun. 30, 2024 $ 47 $ 1,150 55,958,027 (57,728,948) (1,769,724)
Balance, shares at Jun. 30, 2024 47,126 1,494,272      
Dividends declared     (1,158,777) (1,158,777)
Capitalized dividends – D, E & F 1,062,777 1,062,777
Net loss (2,204,648) (2,204,648)
Conversion of Series C-1 preferred stock into common shares $ (1) $ 1 $ 28,886 $ 28,886
Conversion of preferred stock into common shares, shares (1,300) 518,895      
Share based compensation expense 3,562 3,562
Balance at Sep. 30, 2024 $ 46 $ 1,151 $ 55,894,475 $ (59,933,596) $ (4,037,924)
Balance, shares at Sep. 30, 2024 45,826 2,013,167      
Balance at Dec. 31, 2024 $ 51 $ 1,168 59,344,408 (64,984,152) (5,638,525)
Balance, shares at Dec. 31, 2024 50,502 2,029,832      
Dividends declared (3,729,556) (3,729,556)
Capitalized dividends – D, E & F 3,511,535 3,511,535
Net loss (7,398,666) (7,398,666)
Conversion of preferred stock into common shares $ (4) $ 4 178,332 178,332
Conversion of preferred stock into common shares, shares (4,455) 1,425,170      
Issuance of common stock for cash $ 165 99,835 100,000
Issuance of common stock for cash, shares   329,932      
Balance at Sep. 30, 2025 $ 47 $ 1,337 59,404,554 (72,382,818) (12,976,880)
Balance, shares at Sep. 30, 2025 46,047 3,784,934      
Balance at Jun. 30, 2025 $ 47 $ 1,337 59,476,955 (69,304,285) (9,825,946)
Balance, shares at Jun. 30, 2025 46,047 3,784,934      
Dividends declared (1,271,828) (1,271,828)
Capitalized dividends – D, E & F 1,199,427 1,199,427
Net loss (3,078,533) (3,078,533)
Balance at Sep. 30, 2025 $ 47 $ 1,337 $ 59,404,554 $ (72,382,818) $ (12,976,880)
Balance, shares at Sep. 30, 2025 46,047 3,784,934