Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' (Deficit) (Unaudited)

v3.22.2
Consolidated Statements of Stockholders' (Deficit) (Unaudited) - USD ($)
Series A Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance at Dec. 31, 2020 $ 538,109 $ 127,159 $ 42,515,999 $ (44,229,106) $ (1,047,839)
Beginning balance, shares at Dec. 31, 2020 538,109,409 127,159 [1]      
Conversion of Series A Preferred Stock to Common Stock $ (17,804) $ 17,804
Conversion of series A preferred stock to common stock, shares (17,803,525) 17,804 [1]      
Share based compensation 862,000 862,000
Net loss (3,465,679) (3,465,679)
Ending balance at Jun. 30, 2021 $ 520,305 $ 144,963 43,377,999 (47,694,785) (3,651,518)
Ending balance, shares at Jun. 30, 2021 520,305,884 144,963 [1]      
Beginning balance at Mar. 31, 2021 $ 528,429 $ 136,839 42,515,999 (45,636,780) (2,455,513)
Beginning balance, shares at Mar. 31, 2021 528,429,575 136,839 [1]      
Conversion of Series A Preferred Stock to Common Stock $ (8,124) $ 8,124
Conversion of series A preferred stock to common stock, shares (8,123,691) 8,124 [1]      
Share based compensation 862,000 862,000
Net loss (2,058,005) (2,058,005)
Ending balance at Jun. 30, 2021 $ 520,305 $ 144,963 43,377,999 (47,694,785) (3,651,518)
Ending balance, shares at Jun. 30, 2021 520,305,884 144,963 [1]      
Beginning balance at Dec. 31, 2021 $ 501,887 $ 164,199 43,700,084 (49,028,413) (4,662,243)
Beginning balance, shares at Dec. 31, 2021 501,887,534 166,394 [1]      
Conversion of Series A Preferred Stock to Common Stock $ (7,309) $ 7,309
Conversion of series A preferred stock to common stock, shares (7,308,415) 7,309 [1]      
Share based compensation 415,033 415,033
Net loss $ (6,527,048) $ (6,527,048)
Adjustment for a 1-for-1,000 reverse stock split [1] (254,831) 254,831
Commons Stock adjustments resulting reverse stock split, shares [1]        
Inducement expense $ 3,024,872 $ 3,024,872
Conversion of warrants to Common Stock $ 83,580 1,086,530 1,170,110
Conversion of warrants to Common Stock, shares [1]   83,579      
Ending balance at Jun. 30, 2022 $ 494,578 $ 257 48,481,350 (55,555,461) (6,579,276)
Ending balance, shares at Jun. 30, 2022 494,579,119 257,282 [1]      
Beginning balance at Mar. 31, 2022 $ 498,229 $ 251,437 48,037,565 (52,920,196) (4,132,965)
Beginning balance, shares at Mar. 31, 2022 498,229,804 253,631 [1]      
Conversion of Series A Preferred Stock to Common Stock $ (3,651) $ 3,651
Conversion of series A preferred stock to common stock, shares (3,650,685) 3,651 [1]      
Share based compensation 188,954 188,954
Net loss $ (2,635,265) $ (2,635,265)
Adjustment for a 1-for-1,000 reverse stock split [1] (254,831) 254,831
Commons Stock adjustments resulting reverse stock split, shares [1]        
Ending balance at Jun. 30, 2022 $ 494,578 $ 257 $ 48,481,350 $ (55,555,461) $ (6,579,276)
Ending balance, shares at Jun. 30, 2022 494,579,119 257,282 [1]      
[1] The number of outstanding shares of common stock have been adjusted for all periods presented to reflect a one-for-one thousand reverse stock split that became effective on June 13, 2022. The amounts in common stock and additional paid-in capital were adjusted as of the effective date of the one-for-one thousand reverse stock split. See Note 1 for additional information.