Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY

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CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2019 $ 46 $ 9,530,198 $ (635,584) $ 8,894,660
Balance (in Shares) at Dec. 31, 2019 4,501,271      
Cash dividend   (1,800,509)   (1,800,509)
Share-based compensation   10,194   10,194
Net income (loss)     175,647 175,647
Balance at Dec. 31, 2020 $ 46 7,739,883 (459,937) 7,279,992
Balance (in Shares) at Dec. 31, 2020 4,501,271      
Cash dividend   (3,081,706)   (3,081,706)
Proceeds from sale of common stock, net of legal expenses $ 4 4,180,900   $ 4,180,904
Proceeds from sale of common stock, net of legal expenses (in Shares) 468,300     468,300
Shares issued in exchange for convertible debt $ 2 670,755   $ 670,757
Shares issued in exchange for convertible debt (in Shares) 166,606      
Share-based compensation   441,310   441,310
Net income (loss)     (134,434) (134,434)
Balance at Dec. 31, 2021 $ 52 $ 9,951,142 $ (594,371) $ 9,356,823
Balance (in Shares) at Dec. 31, 2021 5,136,177