Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.22.2
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Total
Balance at Dec. 31, 2020 $ 85,568 $ 550,951,415 $ (256,271,170) $ 294,765,813
Balance (in shares) at Dec. 31, 2020 85,568,287      
Common stock and warrants issued for cash, net $ 0 (65,000) 0 (65,000)
Common stock and warrants issued for cash, net (in shares) 0      
Exercise of pre-funded warrants issued in offering $ 13,429 0 0 13,429
Exercise of pre-funded warrants issued in offering (in shares) 13,428,500      
Exercise of common warrants issued in offering $ 185 147,655 0 147,840
Exercise of common warrants issued in offering (in shares) 184,800      
Restricted stock vested $ 94 (94) 0 0
Restricted stock vested (in shares) 94,350      
Share-based compensation $ 0 355,494 0 355,494
Net income (loss) 0 0 (19,066,093) (19,066,093)
Balance at Mar. 31, 2021 $ 99,276 551,389,471 (275,337,263) 276,151,483
Balance (in shares) at Mar. 31, 2021 99,275,937      
Balance at Dec. 31, 2020 $ 85,568 550,951,415 (256,271,170) 294,765,813
Balance (in shares) at Dec. 31, 2020 85,568,287      
Net income (loss)       (34,953,252)
Balance at Jun. 30, 2021 $ 99,351 551,821,170 (291,224,422) 260,696,099
Balance (in shares) at Jun. 30, 2021 99,351,145      
Balance at Mar. 31, 2021 $ 99,276 551,389,471 (275,337,263) 276,151,483
Balance (in shares) at Mar. 31, 2021 99,275,937      
Exercise of common warrants issued in offering $ 100 79,900 0 80,000
Exercise of common warrants issued in offering (in shares) 100,000      
Restricted stock vested $ 3 (3) 0 0
Restricted stock vested (in shares) 3,480      
Shares elected to be withheld for options exercised $ (28) 28 0 0
Shares elected to be withheld for options exercised (in shares) (28,272)      
Share-based compensation $ 0 351,775 0 351,775
Net income (loss) 0 0 (15,887,159) (15,887,159)
Balance at Jun. 30, 2021 $ 99,351 551,821,170 (291,224,422) 260,696,099
Balance (in shares) at Jun. 30, 2021 99,351,145      
Balance at Dec. 31, 2021 $ 100,193 553,472,292 (252,948,278) 300,624,207
Balance (in shares) at Dec. 31, 2021 100,192,562      
Share-based compensation $ 0 1,521,910 0 1,521,910
Net income (loss) 0 0 7,112,043 7,112,043
Balance at Mar. 31, 2022 $ 100,193 554,994,202 (245,836,235) 309,258,160
Balance (in shares) at Mar. 31, 2022 100,192,562      
Balance at Dec. 31, 2021 $ 100,193 553,472,292 (252,948,278) 300,624,207
Balance (in shares) at Dec. 31, 2021 100,192,562      
Net income (loss)       49,056,465
Balance at Jun. 30, 2022 $ 107,236 561,791,836 (203,891,813) 358,007,259
Balance (in shares) at Jun. 30, 2022 107,236,111      
Balance at Mar. 31, 2022 $ 100,193 554,994,202 (245,836,235) 309,258,160
Balance (in shares) at Mar. 31, 2022 100,192,562      
Options exercised $ 100 (100) 0 0
Options exercised (in shares) 100,000      
Exercise of common warrants issued in offering $ 6,454 5,156,672 0 5,163,126
Exercise of common warrants issued in offering (in shares) 6,453,907      
Restricted stock vested $ 610 (610) 0 0
Restricted stock vested (in shares) 610,195      
Shares elected to be withheld for options exercised $ (48) 48 0 0
Shares elected to be withheld for options exercised (in shares) (47,506)      
Shares to cover tax withholdings for restricted stock vested $ 73 (73) 0 0
Shares to cover tax withholdings for restricted stock vested (in shares) 73,047      
Payments to cover tax withholdings $ 0 (257,694) 0 (257,694)
Share-based compensation 0 1,899,245 0 1,899,245
Net income (loss) 0 0 41,944,422 41,944,422
Balance at Jun. 30, 2022 $ 107,236 $ 561,791,836 $ (203,891,813) $ 358,007,259
Balance (in shares) at Jun. 30, 2022 107,236,111