Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY

v3.24.0.1
STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
Restricted stock units
Performance Shares
Common Stock
Common Stock
Restricted stock units
Common Stock
Performance Shares
Additional Paid-in Capital
Additional Paid-in Capital
Restricted stock units
Additional Paid-in Capital
Performance Shares
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Dec. 31, 2020       85,568,287            
Beginning balance at Dec. 31, 2020 $ 294,765,813     $ 85,568     $ 550,951,415     $ (256,271,170)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Common stock and warrants issued for cash, net (65,000)           (65,000)      
Exercise of pre-funded warrants issued in offering (in shares)       13,428,500            
Exercise of pre-funded warrants issued in offering 13,429     $ 13,429            
Exercise of Common warrants issued in offering (in shares)       442,600            
Exercise of common warrants issued in offering $ 354,080     $ 443     353,637      
Options exercised (in shares) 100,000     100,000            
Options exercised $ 200,000     $ 100     199,900      
Restricted stock vested (in shares)       785,357            
Restricted stock vested 0     $ 785     (785)      
Shares to cover tax withholdings (in shares)       (132,182)            
Shares to cover tax withholdings for restricted stock vested 0     $ (132)     132      
Payments to cover tax withholdings for restricted stock vested, net (385,330)           (385,330)      
Share-based compensation 2,418,323           2,418,323      
Net income 3,322,892                 3,322,892
Ending balance (in shares) at Dec. 31, 2021       100,192,562            
Ending balance at Dec. 31, 2021 300,624,207     $ 100,193     553,472,292     (252,948,278)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exercise of Common warrants issued in offering (in shares)       10,253,907            
Exercise of common warrants issued in offering $ 8,203,126     $ 10,254     8,192,872      
Options exercised (in shares) 100,000     100,000            
Options exercised $ 0     $ 100     (100)      
Shares elected to be withheld for options exercised (in shares)       (47,506)            
Shares elected to be withheld for options exercised 0     $ (48)     48      
Restricted stock vested (in shares)       1,310,894            
Restricted stock vested 0     $ 1,311     (1,311)      
Shares to cover tax withholdings (in shares)       (168,523)            
Shares to cover tax withholdings for restricted stock vested 0     $ (169)     169      
Payments to cover tax withholdings for restricted stock vested, net $ (521,199)           (521,199)      
Common stock issuance for Stronghold (in shares) 21,339,986                  
Common stock issuance for Stronghold $ 69,141,555     $ 21,340     69,120,215      
Conversion of mezzanine preferred shares for Stronghold (in shares)       42,548,892            
Conversion of mezzanine preferred shares for Stronghold 137,858,446     $ 42,549     137,815,897      
Share-based compensation 7,162,231           7,162,231      
Net income 138,635,025                 138,635,025
Ending balance (in shares) at Dec. 31, 2022       175,530,212            
Ending balance at Dec. 31, 2022 661,103,391     $ 175,530     775,241,114     (114,313,253)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exercise of Common warrants issued in offering (in shares)       4,517,427            
Exercise of common warrants issued in offering 3,613,941     $ 4,517     3,609,424      
Induced exercise of common warrants issued in offering (in shares)       14,512,166            
Induced exercise of common warrants issued in offering 8,687,655     $ 14,512     8,673,143      
Restricted stock vested (in shares)         1,680,232 1,170,024        
Restricted stock vested   $ 0 $ 0   $ 1,680 $ 1,170   $ (1,680) $ (1,170)  
Shares to cover tax withholdings (in shares)         (288,152) (284,908)        
Shares to cover tax withholdings for restricted stock vested   $ 0 $ 0   $ (287) $ (285)   $ 287 $ 285  
Payments to cover tax withholdings for restricted stock vested, net (520,153)           (520,153)      
Share-based compensation 8,833,425           8,833,425      
Net income 104,864,641                 104,864,641
Ending balance (in shares) at Dec. 31, 2023       196,837,001            
Ending balance at Dec. 31, 2023 $ 786,582,900     $ 196,837     $ 795,834,675     $ (9,448,612)