Blackboxstocks (BLBX) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 11, 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	Q3
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 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		13,191,707

Balance Sheets (Current Period

Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash	$ 643,528	$ 2,426,497
Accounts receivable, net of allowance for doubtful accounts of $68,589 at September 30, 2022 and December 31, 2021, respectively	49,445	18,585
Inventory	15,375	13,567
Marketable securities	4,713,028	8,015,882
Prepaid expenses and other current assets	84,866	227,440
Total current assets	5,506,242	10,701,971
Property and equipment:
Right of use lease, net of amortization of $195,121 and $150,829 at September 30, 2022 and December 31, 2021, respectively	353,978	398,270
Total property and equipment	450,678	448,143
Total assets	5,956,920	11,150,114
Current liabilities:
Accounts payable	738,710	585,615
Accrued interest	6,544	6,544
Unearned subscriptions	638,305	1,302,036
Lease liability right of use, current	71,354	62,630
Senior secured note payable, net of debt issuance costs of $6,655 and $46,597 at September 30, 2022 and December 31, 2021, respectively (Note 7)	893,345	943,403
Note payable, current portion (Note 7)	28,662	28,448
Total current liabilities	2,376,920	2,928,676
Long term liabilities:
Note payable, net of current portion (Note 7)	46,823	68,347
Lease liability right of use, long term	282,625	335,641
Total long term liabilities	329,448	403,988
Commitments and contingencies (Note 8)
Stockholders' equity
Common stock, $0.001 par value, 100,000,000 shares authorized: 13,191,707 and 13,099,272 issued and outstanding at September 30, 2022 and December 31, 2021, respectively	13,192	13,099
Common stock subscribed	0	0
Common stock payable	3,960	15,000
Treasury stock	(1,065,216)	0
Additional paid in capital	17,962,884	17,586,635
Accumulated deficit	(13,667,538)	(9,800,554)
Total stockholders' equity	3,250,552	7,817,450
Total liabilities and stockholders' equity	5,956,920	11,150,114
Undesignated Preferred Stock [Member]
Stockholders' equity
Preferred Stock	0	0
Series A Preferred Stock [Member]
Stockholders' equity
Preferred Stock	3,270	3,270
Machinery and Equipment [Member]
Property and equipment:
Office, computer and related equipment, net of depreciation of $98,328 and $81,682 at September 30, 2022 and December 31, 2021, respectively	$ 96,700	$ 49,873

Balance Sheets (Current Perio_2

Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Accounts receivable, allowance for doubtful accounts	$ 68,589	$ 68,589
Right of use lease, amortization	$ 195,121	$ 150,829
Preferred stock, par value (in dollars per share)	$ 0.001
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)	13,191,707	13,099,272
Common stock, shares outstanding (in shares)	13,191,707	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
Preferred 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	$ 6,655	$ 46,597
Machinery and Equipment [Member]
Property and equipment, depreciation	$ 98,328	$ 81,682

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues	$ 1,219,150	$ 1,471,814	$ 3,890,951	$ 4,425,088
Cost of revenues	492,991	469,601	1,572,380	1,274,953
Gross margin	726,159	1,002,213	2,318,571	3,150,135
Operating expenses:
Software development costs	302,273	111,898	832,143	445,591
Selling, general and administrative	1,199,233	1,098,427	3,615,430	2,320,841
Advertising and marketing	417,433	286,057	1,242,573	840,557
Depreciation and amortization	5,521	4,760	16,646	14,465
Total operating expenses	1,924,460	1,501,142	5,706,792	3,621,454
Operating loss	(1,198,301)	(498,929)	(3,388,221)	(471,319)
Other (income) expense:
Interest expense	28,025	30,281	86,220	104,576
Amortization of debt discount and issuance costs	13,314	10,171	39,942	194,267
Investment loss	68,802	0	352,601	0
Gain on forgiveness of note payable	0	(33,405)	0	(33,405)
Total other (income) expense	110,141	7,047	478,763	265,438
Loss before income taxes	(1,308,442)	(505,976)	(3,866,984)	(736,757)
Income taxes	0	0	0	0
Net loss	$ (1,308,442)	$ (505,976)	$ (3,866,984)	$ (736,757)
Weighted average number of common shares outstanding - basic and diluted (in shares)	13,185,659	9,717,580	13,184,393	8,942,024
Net loss per share - basic and diluted (in dollars per share)	$ (0.10)	$ (0.05)	$ (0.29)	$ (0.08)
Subscription and Circulation [Member]
Revenues	$ 1,210,474	$ 1,466,363	$ 3,877,028	$ 4,412,536
Product and Service, Other [Member]
Revenues	$ 8,676	$ 5,451	$ 13,923	$ 12,552

Statement of Stockholders' Equi

Statement of Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Warrants Issued for Compensation [Member] Common Stock Payable [Member]	Warrants Issued for Compensation [Member] Additional Paid-in Capital [Member]	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					0	5,000,000	8,410,386
Balance at Dec. 31, 2020					$ 0	$ 5,000	$ 8,410	$ 12,500	$ 0	$ 0	$ 5,401,154	$ (7,184,818)	$ (1,757,754)
Issuance of shares for cash, net of fees (in shares)					0	0	70,772
Issuance of shares for cash, net of fees					$ 0	$ 0	$ 71	0	0	0	137,935	0	138,006
Issuance of subscribed shares (in shares)					0	0	6,411
Issuance of subscribed shares					$ 0	$ 0	$ 6	(12,500)	0	0	12,494	0	0
Issuance of shares in settlement of liabilities (in shares)					0	0	103,308
Issuance of shares in settlement of liabilities					$ 0	$ 0	$ 104	0	0	0	201,346	0	201,450
Issuance of shares from conversion of Series A preferred shares (in shares)					0	(1,730,002)	1,730,002
Issuance of shares from conversion of Series A preferred shares					$ 0	$ (1,730)	$ 1,730	0	0	0	0	0	0
Issuance of warrants	$ 0	$ 10,635	$ 0	$ 10,635	0	0	0	0		0
Issuance of options for compensation					0	0	0	0	0	0	422,899	0	422,899
Net loss					$ 0	$ 0	$ 0	0	0	0	0	(736,757)	(736,757)
Balance (in shares) at Sep. 30, 2021					0	3,269,998	10,320,879
Balance at Sep. 30, 2021					$ 0	$ 3,270	$ 10,321	0	0	0	6,186,463	(7,921,575)	(1,721,521)
Balance (in shares) at Dec. 31, 2021					0	3,269,998	13,099,272
Balance at Dec. 31, 2021					$ 0	$ 3,270	$ 13,099	0	15,000	0	17,586,635	(9,800,554)	7,817,450
Issuance of warrants					0	0	0	0	0	0	95,640	0	95,640
Issuance of options for compensation					0	0	0	0	0	0	250,702	0	250,702
Net loss					0	0	0	0	0	0	0	(3,866,984)	(3,866,984)
Purchase of treasury stock					$ 0	$ 0	$ 0	0	0	(1,065,216)	0	0	(1,065,216)
Cashless exercise of warrants (in shares)					0	0	86,387
Cashless exercise of warrants					$ 0	$ 0	$ 87	0	0	0	(87)	0	0
Common stock payable for compensation					$ 0	$ 0	$ 0	0	18,960	0	0	0	18,960
Common stock issued for common stock payable (in shares)					0	0	6,048
Common stock issued for common stock payable					$ 0	$ 0	$ 6	0	(30,000)	0	29,994	0	0
Balance (in shares) at Sep. 30, 2022					0	3,269,998	13,191,707
Balance at Sep. 30, 2022					$ 0	$ 3,270	$ 13,192	$ 0	$ 3,960	$ (1,065,216)	$ 17,962,884	$ (13,667,538)	$ 3,250,552

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net loss	$ (3,866,984)	$ (736,757)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense	16,646	14,465
Amortization of note discount and issuance costs	39,942	234,208
Shares issued in settlement of services	0	21,450
Stock based compensation	365,302	433,534
Right of use lease	0	(4,366)
Gain on forgiveness of note payable	0	(33,405)
Investment loss	352,601	0
Changes in operating assets and liabilities:
Accounts receivable	(30,860)	1,292
Inventory	(1,808)	(5,796)
Prepaid expenses and other current assets	142,574	(70,075)
Accounts payable	153,095	181,237
Accrued interest	0	(4,129)
Unearned subscriptions	(663,731)	(243,018)
Net cash used in operating activities	(3,493,223)	(211,360)
Cash flows from investing activities:
Purchase of property and equipment	(63,473)	(60,610)
Purchase of marketable securities	(22,573,384)	0
Sale of marketable securities	25,523,637	0
Net cash provided by (used in) investing activities	2,886,780	(60,610)
Cash flows from financing activities:
Common stock and warrants issued for cash	0	138,006
Principal payments on senior secured note payable	(90,000)	0
Principal payments on notes payable	(21,310)	(1,405)
Principal payments on convertible notes payable	0	(416,197)
Principal payments on notes payable, related parties	0	(859)
Purchase of treasury stock	(1,065,216)	0
Net cash used in financing activities	(1,176,526)	(280,455)
Net decrease in cash	(1,782,969)	(552,425)
Cash - beginning of period	2,426,497	972,825
Cash - end of period	643,528	420,400
Supplemental disclosures:
Interest paid	86,220	108,705
Income taxes paid	0	0
Non-cash investing and financing activities:
Common stock issued in settlement of common stock payable	30,000	0
Common stock issued in settlement of accrued liabilities	0	180,000
Preferred Stock Series A Converted to Common Stock [Member]
Non-cash investing and financing activities:
Preferred Series A shares converted to common shares	$ 0	$ 1,730

Note 1 - Organization

Note 1 - Organization	9 Months Ended
	Sep. 30, 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	9 Months Ended
	Sep. 30, 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. September 30, 2022, no Earnings or (Loss) Per Share. The Company had total potential additional dilutive securities outstanding at September 30, 2022, September 30, 2022 Series A Convertible Preferred Shares 3,269,998 Conversion rate 0.2 Common shares after conversion 654,000 Option shares 670,242 Warrant shares 438,336 Revenue Recognition. not

Note 3 - Marketable Securities

Note 3 - Marketable Securities	9 Months Ended
	Sep. 30, 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 September 30, 2022: Level 1 Level 2 Level 3 Total Balance at December 31, 2021 $ 8,015,882 $ - $ - $ 8,015,882 Purchases 22,573,384 - - 22,573,384 Sales (25,523,637 ) - - (25,523,637 ) Change in fair value (352,601 ) - - (352,601 ) Balance at September 30, 2022 $ 4,713,028 $ - $ - $ 4,713,028

Note 4 - Stockholders' Equity (

Note 4 - Stockholders' Equity (Deficit)	9 Months Ended
	Sep. 30, 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, 1 1 ● 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 September 30, 2022, On August 11, 2022, third 12 September 30, 2022,

Note 5 - Warrants to Purchase C

Note 5 - Warrants to Purchase Common Stock	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	5. The following table presents the Company’s warrants as of September 30, 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 September 30, 2022 438,336 $ 4.18 4.78 At September 30, 2022,

Note 6 - Incentive Stock Plan

Note 6 - Incentive Stock Plan	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	5. The following table presents the Company’s warrants as of September 30, 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 September 30, 2022 438,336 $ 4.18 4.78 At September 30, 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. October 7, 2022 2021 2021 On September 11, 2021, nine September 30, 2022, On August 11, twelve September 11, 2022, 25% twelve September 30, 2022, The following table presents the Company’s options as of September 30, 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 82,000 $ 1.77 10.00 Forfeited (87,591 ) $ 3.02 9.10 Exercised - $ - - Options as of September 30, 2022 670,242 $ 2.92 9.03 At September 30, 2022,

Note 7 - Debt

Note 7 - Debt	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	7. Notes Payable On May 1, 2020, May 1, 2022. August 2021, December 2021, May 4, 2025. September 30, 2022 December 31, 2021, On November 12, 2020, November 12, 2022. one first September 30, 2022 December 31, 2021, On March 9, 2022 December 31, 2021 September 30, 2022. September 30, 2022. November 14, 2022

Note 8 - Commitments and Contin

Note 8 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	8. In August 2017 5430 September 2017 February 22, 2021 September 30, 2025. April 14, 2021, September 30, 2028. nine September 30, 2022, The table below shows the future lease payment obligations: Year Ending December 31, Amount 2022 $ 21,648 2023 87,934 2024 89,948 2025 91,122 2026 93,136 Thereafter 167,645 Total remaining lease payments $ 551,433 Less: imputed interest (197,454 ) Present Value of remaining lease payments $ 353,979 Current $ 71,354 Noncurrent $ 282,625 Weighted-average remaining lease term (years) 4.55 Weighted-average discount rate 10.00 % The Company is not

Note 9 - Subsequent Events

Note 9 - Subsequent Events	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Subsequent Events [Text Block]	9. On October 7, 2022 2021 6. On October 25, 2022, not 5550 2 5550 2 $1.00 5810 3 30 30 no no The Notification Letter provides that the Company has 180 April 24, 2023, 5550 2 $1.00 10 not April 24, 2023, may 180 second not second second The Company intends to monitor the closing bid price of its common stock and may, not As discussed in Note 7 November 14, 2022

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 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. September 30, 2022, no
Earnings Per Share, Policy [Policy Text Block]	Earnings or (Loss) Per Share. The Company had total potential additional dilutive securities outstanding at September 30, 2022, September 30, 2022 Series A Convertible Preferred Shares 3,269,998 Conversion rate 0.2 Common shares after conversion 654,000 Option shares 670,242 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)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	September 30, 2022 Series A Convertible Preferred Shares 3,269,998 Conversion rate 0.2 Common shares after conversion 654,000 Option shares 670,242 Warrant shares 438,336

Note 3 - Marketable Securities

Note 3 - Marketable Securities (Tables)	9 Months Ended
	Sep. 30, 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 Purchases 22,573,384 - - 22,573,384 Sales (25,523,637 ) - - (25,523,637 ) Change in fair value (352,601 ) - - (352,601 ) Balance at September 30, 2022 $ 4,713,028 $ - $ - $ 4,713,028

Note 5 - Warrants to Purchase_2

Note 5 - Warrants to Purchase Common Stock (Tables)	9 Months Ended
	Sep. 30, 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 September 30, 2022 438,336 $ 4.18 4.78

Note 6 - Incentive Stock Plan (

Note 6 - Incentive Stock Plan (Tables)	9 Months Ended
	Sep. 30, 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 82,000 $ 1.77 10.00 Forfeited (87,591 ) $ 3.02 9.10 Exercised - $ - - Options as of September 30, 2022 670,242 $ 2.92 9.03

Note 8 - Commitments and Cont_2

Note 8 - Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Year Ending December 31, Amount 2022 $ 21,648 2023 87,934 2024 89,948 2025 91,122 2026 93,136 Thereafter 167,645 Total remaining lease payments $ 551,433 Less: imputed interest (197,454 ) Present Value of remaining lease payments $ 353,979 Current $ 71,354 Noncurrent $ 282,625 Weighted-average remaining lease term (years) 4.55 Weighted-average discount rate 10.00 %

Note 1 - Organization (Details

Note 1 - Organization (Details Textual)	Nov. 10, 2021 shares
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)	9 Months Ended
	Sep. 30, 2022 shares
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)	670,242

Note 3 - Marketable Securitie_2

Note 3 - Marketable Securities - Summary of Assets Measured at Fair Value By Measurement Input Level (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Balance	$ 8,015,882
Purchases	22,573,384	$ 0
Sales	(25,523,637)	$ 0
Change in fair value	(352,601)
Balance	4,713,028
Fair Value, Inputs, Level 1 [Member]
Balance	8,015,882
Purchases	22,573,384
Sales	(25,523,637)
Change in fair value	(352,601)
Balance	4,713,028
Fair Value, Inputs, Level 2 [Member]
Balance	0
Purchases	0
Sales	0
Change in fair value	0
Balance	0
Fair Value, Inputs, Level 3 [Member]
Balance	0
Purchases	0
Sales	0
Change in fair value	0
Balance	$ 0

Note 4 - Stockholders' Equity_2

Note 4 - Stockholders' Equity (Deficit) (Details Textual)			9 Months Ended		12 Months Ended
	Aug. 11, 2022 shares	Jan. 04, 2022 shares	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Dec. 31, 2021 $ / shares shares	Jan. 07, 2022 USD ($)	Dec. 31, 2020 shares
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares			$ 0.001	$ 0.001
Common Stock, Shares Authorized (in shares)			100,000,000	100,000,000	100,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares			$ 0.001	$ 0.001	$ 0.001
Conversion of Stock, Shares Converted (in shares)				3,269,998
Treasury Stock, Value, Acquired, Cost Method | $				$ 1,065,216
Common Stock [Member] | Third-party Service Provider [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	36,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)	3,000
Stock Repurchase Plan [Member]
Stock Repurchase Program, Authorized Amount | $						$ 2,500,000
Treasury Stock, Shares, Acquired (in shares)			615,748
Treasury Stock, Value, Acquired, Cost Method | $			$ 1,065,216
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	5
One for Three Point ThreeShare Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)			3.3	3.3
One for Two Point Five Share Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)			2.5	2.5
One For One Point Seven Five Share Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)			1.75	1.75
One For One Share Basis [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)			1	1
Total Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)			10,000,000	10,000,000
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)			5,000,000	5,000,000	5,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares			$ 0.001	$ 0.001	$ 0.001
Preferred Stock, Number of Votes Per Share			100	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	$ 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	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	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	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	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	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	250,000,000
Series A Preferred Stock [Member] | Minimum [Member] | One For One Share Basis [Member]
Market Capitalization, Conversion Threshold, Value | $			$ 350,000,000	$ 350,000,000

Note 5 - Warrants to Purchase_3

Note 5 - Warrants to Purchase Common Stock (Details Textual)	Sep. 30, 2022 USD ($) shares
Class of Warrant or Right, Number of Securities Called by Warrants or Rights, Vested (in shares)	374,449
Class of Warrant or Right, Number of Securities Called by Warrants or Rights, Unvested (in shares)	63,887
Warrant, Nonvested, Cost Not yet Recognized, Amount | $	$ 244,416

Note 5 - Warrants to Purchase_4

Note 5 - Warrants to Purchase Common Stock - Warrant Activity (Details) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Warrants outstanding, number of shares (in shares)	558,336
Warrants, average remaining life (Year)	4 years 9 months 10 days	5 years 1 month 2 days
Issued, number of shares (in shares)	0
Exercised (in shares)	(120,000)
Exercised, average remaining life (Year)	3 years 3 months 10 days
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 ($)					9 Months Ended	21849 Months Ended
	Oct. 07, 2022	Sep. 11, 2022	Aug. 11, 2022	Sep. 11, 2021	Sep. 30, 2022	Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number (in shares)					294,192	294,192
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares, Ending Balance (in shares)					376,050	376,050
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount					$ 530,130	$ 530,130
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		29,412	36,000	6,048
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)					6,048	3,000
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				25%
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25%
Restricted Stock [Member] | Share-based Compensation Award, Tranche Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25%
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25%
Subsequent Event [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Additional Shares Authorized (in shares)	500,000
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	1,250,000

Note 6 - Incentive Stock Plan -

Note 6 - Incentive Stock Plan - Option Activity Under Stock Plan (Details) - The 2021 Incentive Stock Plan [Member] - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Outstanding (in shares)	675,833
Outstanding, weighted average exercise price (in dollars per share)	$ 3.07
Options outstanding, weighted average remaining life (Year)	9 years 10 days	9 years 8 months 8 days
Issued (in shares)	82,000
Issued, weighted average exercise price (in dollars per share)	$ 1.77
Issued, weighted average remaining life (Year)	10 years
Forfeited (in shares)	(87,591)
Forfeited, weighted average exercise price (in dollars per share)	$ 3.02
Forfeited, weighted average remaining life (Year)	9 years 1 month 6 days
Exercised (in shares)	0
Exercised, weighted average exercise price (in dollars per share)	$ 0
Outstanding (in shares)	670,242	675,833
Outstanding, weighted average exercise price (in dollars per share)	$ 2.92	$ 3.07

Note 7 - Debt (Details Textual)

Note 7 - Debt (Details Textual) - USD ($)			9 Months Ended
	Nov. 12, 2020	May 01, 2020	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Aug. 31, 2021
Repayments of Notes Payable			$ 21,310	$ 1,405
Paycheck Protection Program CARES Act [Member]
Proceeds from Issuance of Long-term Debt, Total		$ 130,200
Debt Instrument, Interest Rate, Stated Percentage		1%				1%
Long-term Debt, Total						$ 96,795
Notes Payable, Noncurrent, Total			75,485		$ 96,795
Loan Agreement [Member]
Debt Instrument, Interest Rate, Stated Percentage	12%
Debt Instrument, Face Amount	$ 1,000,000
Secured Note Payable [Member]
Notes Payable, Noncurrent, Total			$ 900,000		$ 990,000
Repayments of Notes Payable	100,000
Repayments of Trade Payables	$ 133,880

Note 8 - Commitments and Cont_3

Note 8 - Commitments and Contingencies (Details Textual)	9 Months Ended
	Sep. 30, 2022 USD ($)	Feb. 21, 2021 ft²	Sep. 30, 2017 ft²	Aug. 31, 2017 ft²
Operating Lease, Expense | $	$ 71,700
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)		2,685	1,838
Expansion, Area of Real Estate Property (Square Foot)		847

Note 8 - Commitments and Cont_4

Note 8 - Commitments and Contingencies - Future Lease Payment Obligations (Details)	Sep. 30, 2022 USD ($)
2022	$ 21,648
2023	87,934
2024	89,948
2025	91,122
2026	93,136
Thereafter	167,645
Total remaining lease payments	551,433
Less: imputed interest	(197,454)
Present Value of remaining lease payments	353,979
Current	71,354
Noncurrent	$ 282,625
Weighted-average remaining lease term (years) (Year)	4 years 6 months 18 days
Weighted-average discount rate	10%

Note 9 - Subsequent Events (Det

Note 9 - Subsequent Events (Details Textual) - The 2021 Incentive Stock Plan [Member] - Subsequent Event [Member]	Oct. 07, 2022 shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Additional Shares Authorized (in shares)	500,000
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	1,250,000