Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Deficit (Unaudited)

v3.22.2
Condensed Consolidated Statements of Changes in Stockholders' Deficit (Unaudited) - USD ($)
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance, amount at Dec. 31, 2020 $ (24,796,965) $ 21,971 $ 10,798,536 $ (35,655,163) $ 37,691
Beginning balance, shares at Dec. 31, 2020   21,970,638      
Net income (loss) 88,737     88,737  
Foreign currency translation gain (loss) (79,207)       (79,207)
Stock options exercised 10,999 $ 50 10,949    
Stock options exercised, share   50,000      
Share-based compensation 316,640 $ 55 316,585    
Share based compensation, share   55,000      
Ending balance, amount at Mar. 31, 2021 (24,459,796) $ 22,076 11,126,070 (35,566,426) (41,516)
Ending balance, shares at Mar. 31, 2021   22,075,638      
Beginning balance, amount at Dec. 31, 2020 (24,796,965) $ 21,971 10,798,536 (35,655,163) 37,691
Beginning balance, shares at Dec. 31, 2020   21,970,638      
Net income (loss) 639,192        
Foreign currency translation gain (loss) (58,000)        
Ending balance, amount at Jun. 30, 2021 (23,431,189) $ 22,181 11,582,910 (35,015,971) (20,309)
Ending balance, shares at Jun. 30, 2021   22,180,638      
Beginning balance, amount at Mar. 31, 2021 (24,459,796) $ 22,076 11,126,070 (35,566,426) (41,516)
Beginning balance, shares at Mar. 31, 2021   22,075,638      
Net income (loss) 550,455     550,455  
Foreign currency translation gain (loss) 21,207       21,207
Stock options exercised 15,501 $ 50 15,451    
Stock options exercised, share   50,000      
Share-based compensation 441,444 $ 55 441,389    
Share based compensation, share   55,000      
Ending balance, amount at Jun. 30, 2021 (23,431,189) $ 22,181 11,582,910 (35,015,971) (20,309)
Ending balance, shares at Jun. 30, 2021   22,180,638      
Beginning balance, amount at Dec. 31, 2021 (17,286,423) $ 23,524 16,380,597 (33,543,351) (147,193)
Beginning balance, shares at Dec. 31, 2021   23,523,969      
Net income (loss) (13,962)     (13,962)  
Foreign currency translation gain (loss) (41,949)       (41,949)
Stock options exercised 195,456 $ 220 195,236    
Stock options exercised, share   219,999      
Share-based compensation 310,002 $ 19 309,983    
Share based compensation, share   18,965      
Ending balance, amount at Mar. 31, 2022 (16,836,876) $ 23,763 16,885,816 (33,557,313) (189,142)
Ending balance, shares at Mar. 31, 2022   23,762,933      
Beginning balance, amount at Dec. 31, 2021 (17,286,423) $ 23,524 16,380,597 (33,543,351) (147,193)
Beginning balance, shares at Dec. 31, 2021   23,523,969      
Net income (loss) (1,129,603)        
Foreign currency translation gain (loss) (155,534)        
Ending balance, amount at Jun. 30, 2022 (18,296,514) $ 24,116 16,655,051 (34,672,954) (302,727)
Ending balance, shares at Jun. 30, 2022   24,116,083      
Beginning balance, amount at Mar. 31, 2022 (16,836,876) $ 23,763 16,885,816 (33,557,313) (189,142)
Beginning balance, shares at Mar. 31, 2022   23,762,933      
Net income (loss) (1,115,641)     (1,115,641)  
Foreign currency translation gain (loss) (113,585)       (113,585)
Stock options exercised 734,313 $ 672 733,641    
Stock options exercised, share   671,665      
Surrender of options (1,280,133) $ (366) (1,279,767)    
Surrender of options, shares   (365,751)      
Share-based compensation 315,408 $ 47 315,361    
Share based compensation, share   47,236      
Ending balance, amount at Jun. 30, 2022 $ (18,296,514) $ 24,116 $ 16,655,051 $ (34,672,954) $ (302,727)
Ending balance, shares at Jun. 30, 2022   24,116,083