Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

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STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY
Common Shares
ATM
USD ($)
shares
Common Shares
USD ($)
shares
Common Shares
STD (Db)
shares
Preferred Stock
USD ($)
shares
Paid-in Capital
ATM
USD ($)
Paid-in Capital
USD ($)
Accumulated Other Comprehensive Loss
USD ($)
(Accumulated Deficit) Retained Earnings
USD ($)
ATM
USD ($)
shares
USD ($)
Beginning balance at Dec. 31, 2019   $ 22,117       $ 83,856,308 $ (50,878) $ (1,266,729)   $ 82,560,818
Beginning balance (in shares) at Dec. 31, 2019 | shares   22,117,301 22,117,301              
Offering costs-ATM         $ (58,353)       $ (58,353)  
Stock based compensation $ 8       $ 16,421       $ 16,429  
Stock based compensation (in shares) | shares 7,500                  
Unrealized loss on marketable securities             24,886     24,886
Dividends paid on Common stock               (7,963,128)   (7,963,128)
Dividends declared and payable               (2,654,977)   (2,654,977)
Net income for the year               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 | shares   22,124,801 22,124,801              
Issuance of Preferred Stock, net of expenses       $ 1,903   45,460,723       45,462,626
Issuance of Preferred Stock, net of expenses (in shares) | shares       1,903,000         6.0  
Issuance of Common Stock, net of expenses   $ 10,490       56,049,982       56,060,472
Issuance of Common Stock, net of expenses (in shares) | shares   10,490,188 10,490,188              
Exercise of warrants   $ 5 Db 5,334     (5)        
Stock based compensation   $ 110       191,318       191,428
Stock based compensation (in shares) | shares   109,681 109,681              
Unrealized loss on marketable securities             (450,024)     (450,024)
Dividends paid on Common stock               (9,638,722)   (9,638,722)
Dividends paid on Preferred Stock               (1,853,855)   (1,853,855)
Dividends declared and payable               (3,927,600)   (3,927,600)
Net income for the year               13,318,696   13,318,696
Balance at Dec. 31, 2021   $ 32,730   $ 1,903   $ 185,516,394 $ (476,016) $ (4,992,450)   $ 180,082,561
Balance (in shares) at Dec. 31, 2021 | shares   32,730,004 32,730,004 1,903,000