Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CHANGES IN SHAREHOLDERS'/MEMBERS' EQUITY

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STATEMENT OF CHANGES IN SHAREHOLDERS'/MEMBERS' EQUITY - USD ($)
Common Shares
ATM
Common Shares
Additional Paid-in Capital
ATM
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
ATM
Total
Beginning balance at Dec. 31, 2018   $ 15,439   $ 53,192,859   $ (405,483)   $ 52,802,815
Beginning balance (in shares) at Dec. 31, 2018   15,438,621            
Sales of common stock through ATM $ 4,355 $ 2,300 $ 19,959,990 10,578,300     $ 19,964,345 $ 10,580,600
Sale of common stock 4,354,773 2,300,000         4,354,773 2,300,000
Exercise of warrants   $ 16   82,019       $ 82,035
Exercise of warrants (in shares)   16,407            
Stock based compensation   $ 7   43,140       43,147
Stock based compensation (in shares)   7,500            
Unrealized loss on marketable securities         $ (50,878)     (50,878)
Dividends paid           (7,057,257)   (7,057,257)
Net income for the year               6,196,011
Profit Losses           6,196,011   6,196,011
Balance at Dec. 31, 2019   $ 22,117   83,856,308 (50,878) (1,266,729)   82,560,818
Balance (in shares) at Dec. 31, 2019   22,117,301            
Offering costs-ATM       (58,353)       (58,353)
Stock based compensation   $ 8   16,421       $ 16,429
Stock based compensation (in shares)   7,500           37,884
Unrealized loss on marketable securities         24,886     $ 24,886
Dividends paid           (7,963,128)   (7,963,128)
Dividends declared and payable           (2,654,977)   (2,654,977)
Net income for the year               8,993,865
Profit Losses           8,993,865   8,993,865
Balance at Dec. 31, 2020   $ 22,125   $ 83,814,376 $ (25,992) $ (2,890,969)   $ 80,919,540
Balance (in shares) at Dec. 31, 2020   22,124,801