Blackboxstocks (BLBX) 10-Q 16 May 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 14, 2022
Document Information [Line Items]
Entity Central Index Key	0001567900
Entity Registrant Name	BLACKBOXSTOCKS INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-41051
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	45-3598066
Entity Address, Address Line One	5430 LBJ Freeway, Suite 1485
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75240
City Area Code	972
Local Phone Number	726-9203
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	BLBX
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		13,185,659

Balance Sheets (Current Period

Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash	$ 651,518	$ 2,426,497
Accounts receivable, net of allowance for doubtful accounts of $68,589 at March 31, 2022 and December 31, 2021, respectively	11,074	18,585
Inventory	14,062	13,567
Marketable securities	7,922,244	8,015,882
Prepaid expenses and other current assets	95,591	227,440
Total current assets	8,694,489	10,701,971
Property and equipment:
Right of use lease, net of amortization of $166,058 and $150,829 at March 31, 2022 and December 31, 2021, respectively	383,041	398,270
Total property and equipment	427,639	448,143
Total assets	9,122,128	11,150,114
Current liabilities:
Accounts payable	700,987	585,615
Accrued interest	6,544	6,544
Unearned subscriptions	1,177,701	1,302,036
Lease liability right of use, current	66,494	62,630
Senior secured note payable, net of debt issuance costs of $33,283 and $46,597 at March 31, 2022 and December 31, 2021, respectively (Note 7)	926,717	943,403
Note payable, current portion (Note 7)	28,448	28,448
Total current liabilities	2,906,891	2,928,676
Long term liabilities:
Note payable, net of current portion (Note 7)	61,262	68,347
Lease liability right of use, long term	316,547	335,641
Total long term liabilities	377,809	403,988
Commitments and contingencies (Note 9)
Stockholders' equity
Common stock, $0.001 par value, 100,000,000 shares authorized: 13,185,659 and 13,099,272 issued and outstanding at March 31, 2022 and December 31, 2021, respectively	13,186	13,099
Common stock payable	22,500	15,000
Treasury stock	(859,612)	0
Additional paid in capital	17,701,081	17,586,635
Accumulated deficit	(11,042,997)	(9,800,554)
Total stockholders' equity	5,837,428	7,817,450
Total liabilities and stockholders' equity	9,122,128	11,150,114
Undesignated Preferred Stock [Member]
Stockholders' equity
Preferred stock, $0.001 par value, 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	0	0
Series A Preferred Stock [Member]
Stockholders' equity
Preferred stock, $0.001 par value, 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	3,270	3,270
Machinery and Equipment [Member]
Property and equipment:
Office, computer and related equipment, net of depreciation of $86,957 and $81,682 at March 31, 2022 and December 31, 2021, respectively	$ 44,598	$ 49,873

Balance Sheets (Current Perio_2

Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Accounts receivable, allowance for doubtful accounts	$ 68,589	$ 68,589
Right of use lease, amortization	$ 166,058	$ 150,829
Preferred stock, par value (in dollars per share)	$ 0.001
Common stock, shares outstanding (in shares)	13,185,659	13,099,272
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	13,185,659	13,099,272
Undesignated Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, shares outstanding (in shares)	0	0
Series A Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	3,269,998	3,269,998
Preferred stock, shares outstanding (in shares)	3,269,998	3,269,998
Convertible Notes Payable [Member]
Debt issuance costs	$ 33,283	$ 46,597
Machinery and Equipment [Member]
Property and equipment, depreciation	$ 86,957	$ 81,682

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues	$ 1,272,486	$ 1,489,668
Cost of revenues	579,962	395,775
Gross margin	692,524	1,093,893
Operating expenses:
Software development costs	184,884	130,438
Selling, general and administrative	1,224,723	606,687
Advertising and marketing	298,796	207,312
Depreciation and amortization	5,275	4,324
Total operating expenses	1,713,678	948,761
Operating income (loss)	(1,021,154)	145,132
Otherexpense:
Interest expense	29,243	41,038
Amortization of debt discount and issuance costs	13,314	91,539
Investment loss	178,732	0
Total other expense	221,289	132,577
Income (loss) before income taxes	(1,242,443)	12,555
Income Taxes	0	0
Net income (loss)	$ (1,242,443)	$ 12,555
Weighted average number of common shares outstanding - basic (in shares)	13,181,820	8,513,694
Weighted average number of common shares outstanding - diluted (in shares)	13,181,820	13,780,566
Net income (loss) per share - basic (in dollars per share)	$ (0.09)	$ 0
Net income (loss) per share - diluted (in dollars per share)	$ (0.09)	$ 0
Subscription and Circulation [Member]
Revenues	$ 1,270,930	$ 1,485,798
Product and Service, Other [Member]
Revenues	$ 1,556	$ 3,870

Statement of Stockholders' Equi

Statement of Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Warrants Issued for Compensation [Member]Retained Earnings [Member]	Warrants Issued for Compensation [Member]	Preferred Stock [Member]	Preferred Stock Outstanding [Member]Series A Preferred Stock [Member]	Common Stock [Member]	Common Stock, Subscribed [Member]	Common Stock Payable [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2020				5,000,000	8,410,386
Balance at Dec. 31, 2020				$ 5,000	$ 8,410	$ 12,500		$ 0	$ 5,401,154	$ (7,184,818)	$ (1,757,754)
Issuance of shares for cash, net of fees (in shares)					70,772
Issuance of shares for cash, net of fees					$ 71			0		0	138,006
Issuance of subscribed shares (in shares)					6,411
Issuance of subscribed shares					$ 6	(12,500)		0
Issuance of shares in settlement of liabilities (in shares)					92,308
Issuance of shares in settlement of liabilities					$ 93			0		0	180,000
Net income (loss)			$ 0	$ 0	$ 0	0	$ 0	0	0	12,555	12,555
Balance (in shares) at Mar. 31, 2021				5,000,000	8,579,877
Balance at Mar. 31, 2021				$ 5,000	$ 8,580	0		0	5,731,490	(7,172,263)	(1,427,193)
Balance (in shares) at Dec. 31, 2021				3,269,998	13,099,272
Balance at Dec. 31, 2021				$ 3,270	$ 13,099		15,000	0	17,586,635	(9,800,554)	7,817,450
Net income (loss)									0	(1,242,443)	(1,242,443)
Purchase of treasury stock			$ 0	$ 0	$ 0	0	0	(859,612)	0	0	(859,612)
Cashless exercise of warrants (in shares)			0	0	86,387
Cashless exercise of warrants			$ 0	$ 0	$ 87	0	0	0	(87)	0	0
Issuance of warrants	$ 0	$ 31,880						0
Issuance of options for compensation								0		0	82,653
Common stock payable for compensation							7,500			0	7,500
Balance (in shares) at Mar. 31, 2022			0	3,269,998	13,185,659
Balance at Mar. 31, 2022			$ 0	$ 3,270	$ 13,186	$ 0	$ 22,500	$ (859,612)	$ 17,701,081	$ (11,042,997)	$ 5,837,428

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income (loss)	$ (1,242,443)	$ 12,555
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization expense	5,275	4,324
Amortization of note discount and issuance costs	13,314	104,853
Stock based compensation	122,033	0
Right of use lease	0	(506)
Investment loss	178,732	0
Changes in operating assets and liabilities:
Accounts receivable	7,511	6,994
Inventory	(495)	(355)
Prepaid expenses and other current assets	131,849	15,600
Accounts payable	115,371	11,999
Accrued interest	0	(2,388)
Unearned subscriptions	(124,335)	78,836
Net cash provided by (used in) operating activities	(793,188)	231,912
Cash flows from investing activities:
Purchase of property and equipment	0	(31,234)
Purchase of marketable securities	(9,855,275)	0
Proceeds from sales of marketable securities	9,770,181	0
Net cash used in investing activities	(85,094)	(31,234)
Cash flows from financing activities:
Common stock and warrants issued for cash	0	150,506
Common stock subscribed	0	(12,500)
Principal payments on senior secured note payable	(30,000)	0
Principal payments on notes payable	(7,085)	(832)
Principal payments on convertible notes payable	0	(196,209)
Purchase of treasury stock	(859,612)	0
Net cash used in financing activities	(896,697)	(59,035)
Net increase (decrease) in cash	(1,774,979)	141,643
Cash - beginning of year	2,426,497	972,825
Cash - end of year	651,518	1,114,468
Supplemental disclosures:
Interest paid	29,243	43,425
Income taxes paid	0	0
Non-cash investing and financing activities:
Common stock issued in settlement of accrued liabilities	$ 0	$ 180,000

Note 1 - Organization

Note 1 - Organization	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Blackboxstocks Inc. (the “Company”) was incorporated on October 4, 2011 11 The Company changed its name to Blackboxstocks, Inc. and began operating as a financial technology and social media platform in March 2016. may 10,000 1,500,000 September 2016. On November 10, 2021,

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. The accompanying interim unaudited financial statements and footnotes of Blackboxstocks Inc. have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and the instructions to Rule 10 01 X not not December 31, 2022. 10 December 31, 2021. Use of Estimates. Cash. three Investments in Marketable Securities. Recently Issued Accounting Pronouncements. three March 31, 2022, no Earnings or (Loss) Per Share. The Company had total potential additional dilutive securities outstanding at March 31, 2022, March 31, 2022 Series A Convertible Preferred Shares 3,269,998 Conversion rate 0.2 Common shares after conversion 654,000 Option shares 652,500 Warrant shares 438,336 Revenue Recognition. not

Note 3 - Marketable Securities

Note 3 - Marketable Securities	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	3. The Company determines the fair values of its financial instruments based on the fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The following three may Level 1 Level 2 Level 3 The Company’s marketable securities are highly liquid and are quoted on major exchanges and are therefore classified as Level 1 March 31, 2022: Level 1 Level 2 Level 3 Total Balance at December 31, 2021 $ 8,015,882 $ - $ - $ 8,015,882 Additions - - - - Change in fair value (178,732 ) - - (178,732 ) Balance at March 31, 2022 $ 7,922,244 $ - $ - $ 7,922,244

Note 4 - Stockholders' Equity (

Note 4 - Stockholders' Equity (Deficit)	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	4. Equity (Deficit) The Company has authorized 10,000,000 shares of preferred stock at $0.001 par value, 5,000,000 of which are designated as “Series A Convertible Preferred Stock” at $0.001 par value and 100,000,000 authorized shares of common stock at $0.001 par value (“Common Stock”). Shares of Series A Convertible Preferred Stock (“Series A Stock”) rank pari passu with the Company’s Common Stock with respect to dividend and liquidation rights. Additionally, each share entitles the holder to 100 2021, October 14, 2021, one one ● If the Company’s Market Capitalization is less than $150,000,000, the outstanding Series A Stock will be convertible into Common Stock on a 5 1 ● If the Company’s Market Capitalization is equal to or greater than $150,000,000 but less than $200,000,000, 3.3 1 ● If the Company’s Market Capitalization is equal to or greater than $200,000,000 $250,000,000, 2.5 1 ● If the Company’s Market Capitalization is equal to or greater than $250,000,000 $350,000,000 1.75 1 ● If the Company’s Market Capitalization is equal to or greater than $350,000,000 1 1 The Agreement terminates when the last share of Series A Stock is either converted or the largest Market Capitalization Threshold is met. On January 4, 2022, 5 On January 7, 2022, December 31, 2022 $2,500,000 March 28, 2022,

Note 5 - Warrants to Purchase C

Note 5 - Warrants to Purchase Common Stock	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	5. The following table presents the Company’s warrants as of March 31, 2022: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Life (in years) Warrants as of December 31, 2021 558,336 $ 3.28 5.09 Issued - $ - - Exercised (120,000 ) $ 1.00 3.28 Warrants as of March 31, 2022 438,336 $ 4.18 5.28 At March 31, 2022,

Note 6 - Incentive Stock Plan

Note 6 - Incentive Stock Plan	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	5. The following table presents the Company’s warrants as of March 31, 2022: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Life (in years) Warrants as of December 31, 2021 558,336 $ 3.28 5.09 Issued - $ - - Exercised (120,000 ) $ 1.00 3.28 Warrants as of March 31, 2022 438,336 $ 4.18 5.28 At March 31, 2022,
Share-Based Payment Arrangement, Option [Member]
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	6. On August 4, 2021, 2021 “2021 August 31, 2021. 2021 2021 In addition, 6,048 shares of restricted common stock were granted on September 11, 2021 nine March 31, 2022, The following table presents the Company’s options as of March 31, 2022: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Life (in years) Options as of December 31, 2021 675,833 $ 3.07 9.69 Issued - $ - - Forfeited (23,333 ) $ 2.99 9.60 Exercised - $ - - Options as of March 31, 2022 652,500 $ 3.07 9.45 At March 31, 2022,

Note 7 - Related Party Transact

Note 7 - Related Party Transactions	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	7. G2 “G2” December 31, 2020, G2/IPA. December 31, 2021.

Note 8 - Debt

Note 8 - Debt	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	8. Notes Payable On May 1, 2020, May 1, 2022. August 2021, December 2021, 1% May 4, 2025. March 31, 2022 December 31, 2021, On November 12, 2020, November 12, 2022. one first March 31, 2022 December 31, 2021, On March 9, 2022 December 31, 2021 September 30, 2022. March 31, 2022.

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9. During August 2017 5430 September 2017 September 30, 2022. February 22, 2021 847 2,685 September 30, 2025. April 14, 2021, September 30, 2028. three March 31, 2022, The table below shows the future lease payment obligations: Year Ending December 31, Amount 2022 $ 66,495 2023 87,934 2024 89,948 2025 91,122 2026 93,136 Thereafter 167,645 $ 596,280 The Company is not

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Use of Estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash. three
Marketable Securities, Policy [Policy Text Block]	Investments in Marketable Securities.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements. three March 31, 2022, no
Earnings Per Share, Policy [Policy Text Block]	Earnings or (Loss) Per Share. The Company had total potential additional dilutive securities outstanding at March 31, 2022, March 31, 2022 Series A Convertible Preferred Shares 3,269,998 Conversion rate 0.2 Common shares after conversion 654,000 Option shares 652,500 Warrant shares 438,336
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition. not

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	March 31, 2022 Series A Convertible Preferred Shares 3,269,998 Conversion rate 0.2 Common shares after conversion 654,000 Option shares 652,500 Warrant shares 438,336

Note 3 - Marketable Securities

Note 3 - Marketable Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Marketable Securities [Table Text Block]	Level 1 Level 2 Level 3 Total Balance at December 31, 2021 $ 8,015,882 $ - $ - $ 8,015,882 Additions - - - - Change in fair value (178,732 ) - - (178,732 ) Balance at March 31, 2022 $ 7,922,244 $ - $ - $ 7,922,244

Note 5 - Warrants to Purchase_2

Note 5 - Warrants to Purchase Common Stock (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Number of Shares Weighted Average Exercise Price Weighted Average Remaining Life (in years) Warrants as of December 31, 2021 558,336 $ 3.28 5.09 Issued - $ - - Exercised (120,000 ) $ 1.00 3.28 Warrants as of March 31, 2022 438,336 $ 4.18 5.28

Note 6 - Incentive Stock Plan (

Note 6 - Incentive Stock Plan (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Number of Shares Weighted Average Exercise Price Weighted Average Remaining Life (in years) Options as of December 31, 2021 675,833 $ 3.07 9.69 Issued - $ - - Forfeited (23,333 ) $ 2.99 9.60 Exercised - $ - - Options as of March 31, 2022 652,500 $ 3.07 9.45

Note 9 - Commitments and Cont_2

Note 9 - Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Year Ending December 31, Amount 2022 $ 66,495 2023 87,934 2024 89,948 2025 91,122 2026 93,136 Thereafter 167,645 $ 596,280

Note 1 - Organization (Details

Note 1 - Organization (Details Textual)	Nov. 10, 2021shares
Stock Issued During Period, Shares, New Issues (in shares)	2,400,000

Note 2 - Summary of Significa_3

Note 2 - Summary of Significant Accounting Policies - Potential Additional Dilutive Securities Outstanding (Details)	3 Months Ended
	Mar. 31, 2022shares
Series A Convertible Preferred Shares (in shares)	3,269,998
Conversion rate	0.2
Common shares after conversion (in shares)	654,000
Warrant [Member]
Warrant shares (in shares)	438,336
Share-Based Payment Arrangement, Nonemployee [Member]
Option shares (in shares)	652,500

Note 3 - Marketable Securitie_2

Note 3 - Marketable Securities - Summary of Assets Measured at Fair Value By Measurement Input Level (Details)	3 Months Ended
	Mar. 31, 2022USD ($)
Balance	$ 8,015,882
Additions, marketable securities	0
Change in fair value	(178,732)
Balance	7,922,244
Fair Value, Inputs, Level 1 [Member]
Balance	8,015,882
Additions, marketable securities	0
Change in fair value	(178,732)
Balance	$ 7,922,244

Note 4 - Stockholders' Equity_2

Note 4 - Stockholders' Equity (Deficit) (Details Textual)	Jan. 04, 2022shares	Mar. 31, 2022USD ($)$ / sharesshares	Mar. 28, 2022USD ($)shares	Dec. 31, 2021$ / sharesshares	Jan. 07, 2022USD ($)	Dec. 31, 2020shares
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares		$ 0.001
Common Stock, Shares Authorized (in shares)		100,000,000		100,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares		$ 0.001		$ 0.001
Conversion of Stock, Shares Converted (in shares)		3,269,998
Stock Repurchase Plan [Member]
Stock Repurchase Program, Authorized Amount | $					$ 2,500,000
Stock Repurchased During Period, Shares (in shares)			436,600
Stock Repurchased During Period, Value | $			$ 859,612
Share-Based Payment Arrangement, Nonemployee [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)	86,387
Class of Warrant or Right, Cashless Exercise During Period, Shares (in shares)	120,000
One for Five Share Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)		5
One for Three Point ThreeShare Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)		3.3
One for Two Point Five Share Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)		2.5
One For One Point Seven Five Share Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)		1.75
One For One Share Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)		1
Total Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)		10,000,000
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)		5,000,000		5,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares		$ 0.001		$ 0.001
Preferred Stock, Number of Votes Per Share		100
Conversion of Stock, Shares Converted (in shares)				1,730,002
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)						1
Series A Preferred Stock [Member] | Maximum [Member] | One for Five Share Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		$ 150,000,000
Series A Preferred Stock [Member] | Maximum [Member] | One for Three Point ThreeShare Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		200,000,000
Series A Preferred Stock [Member] | Maximum [Member] | One for Two Point Five Share Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		250,000,000
Series A Preferred Stock [Member] | Maximum [Member] | One For One Point Seven Five Share Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		350,000,000
Series A Preferred Stock [Member] | Minimum [Member] | One for Three Point ThreeShare Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		150,000,000
Series A Preferred Stock [Member] | Minimum [Member] | One for Two Point Five Share Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		200,000,000
Series A Preferred Stock [Member] | Minimum [Member] | One For One Point Seven Five Share Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		250,000,000
Series A Preferred Stock [Member] | Minimum [Member] | One For One Share Basis [Member]
Market Capitalization, Conversion Threshold, Value | $		$ 350,000,000

Note 5 - Warrants to Purchase_3

Note 5 - Warrants to Purchase Common Stock (Details Textual)	Mar. 31, 2022USD ($)shares
Class of Warrant or Right, Number of Securities Called by Warrants or Rights, Vested (in shares)	357,783
Class of Warrant or Right, Number of Securities Called by Warrants or Rights, Unvested (in shares)	80,553
Warrant, Nonvested, Cost Not yet Recognized, Amount | $	$ 308,176

Note 5 - Warrants to Purchase_4

Note 5 - Warrants to Purchase Common Stock - Warrant Activity (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Warrants outstanding, number of shares (in shares)	558,336
Warrants, average remaining life (Year)	5 years 3 months 10 days	5 years 1 month 2 days
Issued, number of shares (in shares)	0
Exercised (in shares)	(120,000)
Exercised, number of shares (in shares)	438,336	558,336
Minimum [Member]
Warrants, exercise price (in dollars per share)	$ 3.28
Issued, exercise price (in dollars per share)	0
Exercised, exercise price (in dollars per share)	1
Warrants, exercise price (in dollars per share)	$ 4.18	$ 3.28

Note 6 - Incentive Stock Plan_2

Note 6 - Incentive Stock Plan (Details Textual) - The 2021 Incentive Stock Plan [Member] - USD ($)	Sep. 11, 2021	Mar. 31, 2022	Aug. 11, 2021
Common Stock, Capital Shares Reserved for Future Issuance (in shares)			750,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number (in shares)		235,003
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares, Ending Balance (in shares)		417,497
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount		$ 631,614
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	6,048
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)		4,536
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	25.00%
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	25.00%
Restricted Stock [Member] | Share-based Compensation Award, Tranche Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	25.00%
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	25.00%

Note 6 - Incentive Stock Plan -

Note 6 - Incentive Stock Plan - Option Activity Under Stock Plan (Details) - The 2021 Incentive Stock Plan [Member] - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Options outstanding, weighted average remaining life (Year)	9 years 5 months 12 days	9 years 8 months 8 days
Issued (in shares)	0
Issued, weighted average exercise price (in dollars per share)	$ 0
Forfeited (in shares)	(23,333)
Forfeited, weighted average exercise price (in dollars per share)	$ 2.99
Forfeited (Year)	9 years 7 months 6 days
Outstanding (in shares)	652,500
Outstanding, weighted average exercise price (in dollars per share)	$ 3.07

Note 7 - Related Party Transa_2

Note 7 - Related Party Transactions (Details Textual)	Dec. 31, 2020USD ($)
G2 and IPA [Member]
Prepaid Expenses, Related Party, Current	$ 36,700

Note 8 - Debt (Details Textual)

Note 8 - Debt (Details Textual) - USD ($)	Nov. 12, 2020	May 01, 2020	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Aug. 31, 2021
Repayments of Notes Payable			$ 7,085	$ 832
Paycheck Protection Program CARES Act [Member]
Proceeds from Issuance of Long-term Debt, Total		$ 130,200
Debt Instrument, Interest Rate, Stated Percentage		1.00%			1.00%
Long-term Debt, Total						$ 96,795
Notes Payable, Noncurrent, Total			89,710		$ 96,795
Loan Agreement [Member]
Debt Instrument, Interest Rate, Stated Percentage	12.00%
Debt Instrument, Face Amount	$ 1,000,000
Secured Note Payable [Member]
Notes Payable, Noncurrent, Total			$ 960,000		$ 990,000
Repayments of Notes Payable	100,000
Repayments of Trade Payables	$ 133,880

Note 9 - Commitments and Cont_3

Note 9 - Commitments and Contingencies (Details Textual)	3 Months Ended
	Mar. 31, 2022USD ($)	Sep. 30, 2017ft²	Aug. 31, 2017ft²
Operating Lease, Expense | $	$ 22,300
Office Space, 5430 LBJ Freeway Dallas Texas [Member]
Area of Real Estate Property (Square Foot)			1,502
Expansion, Area of Real Estate Property (Square Foot)		336
Expanded Office Space, 5430 LBJ Freeway Dallas Texas [Member]
Area of Real Estate Property (Square Foot)		1,838

Note 9 - Commitments and Cont_4

Note 9 - Commitments and Contingencies - Future Lease Payment Obligations (Details)	Mar. 31, 2022USD ($)
2022	$ 66,495
2023	87,934
2024	89,948
2025	91,122
2026	93,136
Thereafter	167,645
Lessee, Operating Lease, Liability, to be Paid, Total	$ 596,280