STOCKHOLDERS’ EQUITY (Tables)
|
9 Months Ended |
12 Months Ended |
Sep. 30, 2023 |
Dec. 31, 2022 |
| Equity [Abstract] |
|
|
| Schedule of black scholes option pricing model |
| Schedule of black scholes option pricing model |
|
|
|
| |
|
At
September 30, 2023
|
|
| Grant date share price |
|
|
$2.10 - $5.13 |
|
| Grant date exercise price |
|
|
$1.79
- $4.36
|
|
| Expected term |
|
|
0.25 years - 0.5 years |
|
| Expected volatility |
|
|
89.7% - 103.4% |
|
| Risk-free rate |
|
|
4.76% - 5.53% |
|
| Expected dividend rate |
|
|
0 |
% |
|
| Schedule of black scholes option pricing model |
|
| Schedule of stock-based compensation |
|
Schedule of stock-based compensation
|
|
|
|
| |
|
At
September 30, 2023 |
|
| Cash payment received
from employee withholdings |
|
$ |
189,849 |
|
| Cash
from employee withholdings used to purchase shares under ESPP |
|
|
(117,048 |
) |
| Cash
and ESPP employee withholding liability |
|
$ |
72,801 |
|
| |
|
|
|
| |
|
For the Nine Months ended |
|
| |
|
September 30, 2023
|
|
| Cash from employee withholdings used to purchase ESPP shares |
|
$ |
117,048 |
|
| Stock based compensation expense |
|
|
98,945 |
|
| Total increase to equity for nine months ended September 30, 2023 |
|
$ |
215,993 |
|
|
|
| Schedule of stock option issuance of shares |
| Schedule of stock option issuance of shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
Weighted |
|
|
Average |
|
|
|
|
| |
|
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
|
Number of |
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
| |
|
|
Options |
|
|
Price |
|
|
Term (Years) |
|
|
Value |
|
| Outstanding at December 31, 2021 |
|
|
|
431,266 |
|
|
$ |
4.98 |
|
|
|
3.4 |
|
|
$ |
— |
|
| Granted |
|
|
|
685,000 |
|
|
$ |
6.41 |
|
|
|
4.0 |
|
|
$ |
— |
|
| Forfeited |
|
|
|
(190,000 |
) |
|
$ |
6.41 |
|
|
|
— |
|
|
$ |
— |
|
| Outstanding at December 31, 2022 |
|
|
|
926,266 |
|
|
$ |
5.74 |
|
|
|
3.3 |
|
|
$ |
— |
|
| Exercisable at December 31, 2022 |
|
|
|
404,599 |
|
|
$ |
5.02 |
|
|
|
3.3 |
|
|
$ |
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2022 |
|
|
|
926,266 |
|
|
$ |
5.74 |
|
|
|
3.3 |
|
|
$ |
— |
|
| Granted |
|
|
|
353,117 |
|
|
$ |
4.22 |
|
|
|
4.5 |
|
|
$ |
— |
|
| Exercised/Forfeited/Expired |
|
|
|
(61,608 |
) |
|
$ |
4.48 |
|
|
|
— |
|
|
$ |
— |
|
| Outstanding at September 30, 2023 |
|
|
|
1,217,775 |
|
|
$ |
5.37 |
|
|
|
3.0 |
|
|
$ |
— |
|
| Exercisable at September 30, 2023 |
|
|
|
581,325 |
|
|
$ |
5.38 |
|
|
|
2.1 |
|
|
$ |
— |
|
|
|
Schedule of options activity |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Weighted |
|
|
Average |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
|
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
| |
|
Shares |
|
|
Price |
|
|
Term (Years) |
|
|
Value |
|
| Outstanding at December 31, 2020 |
|
|
451,898 |
|
|
$ |
5.06 |
|
|
|
4.2 |
|
|
|
— |
|
| Granted |
|
|
20,000 |
|
|
$ |
4.32 |
|
|
|
4.0 |
|
|
|
— |
|
| Forfeited |
|
|
(40,632 |
) |
|
$ |
14.00 |
|
|
|
— |
|
|
|
— |
|
| Outstanding at December 31, 2021 |
|
|
431,266 |
|
|
$ |
4.98 |
|
|
|
3.4 |
|
|
$ |
197,506 |
|
| Exercisable at December 31, 2021 |
|
|
312,310 |
|
|
$ |
5.25 |
|
|
|
3.4 |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2021 |
|
|
431,266 |
|
|
$ |
4.98 |
|
|
|
3.4 |
|
|
$ |
197,506 |
|
| Granted |
|
|
685,000 |
|
|
$ |
6.41 |
|
|
|
4.0 |
|
|
|
— |
|
| Exercised/Forfeited |
|
|
(190,000 |
) |
|
$ |
6.41 |
|
|
|
— |
|
|
|
— |
|
| Outstanding at December 31, 2022 |
|
|
926,266 |
|
|
$ |
5.74 |
|
|
|
3.3 |
|
|
$ |
0 |
|
| Exercisable at December 31, 2022 |
|
|
404,599 |
|
|
$ |
5.02 |
|
|
|
3.3 |
|
|
|
— |
|
|
| Schedule of warrants outstanding |
| Schedule of warrants outstanding
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Weighted |
|
|
Average |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
Number of |
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
| |
|
Warrants |
|
|
Price |
|
|
Term (Years) |
|
|
Value |
|
| Outstanding at December 31, 2021 |
|
|
1,376,466 |
|
|
$ |
8.18 |
|
|
|
1.9 |
|
|
|
— |
|
| Warrants expired, forfeited, cancelled or exercised |
|
|
(1,228,875 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Warrants issued |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Outstanding at December 31, 2022 |
|
|
147,591 |
|
|
$ |
8.63 |
|
|
|
0.8 |
|
|
|
— |
|
| Exercisable at December 31, 2022 |
|
|
147,591 |
|
|
$ |
8.63 |
|
|
|
0.8 |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2022 |
|
|
147,591 |
|
|
$ |
8.63 |
|
|
|
0.8 |
|
|
|
— |
|
| Warrants expired, forfeited, cancelled or exercised |
|
|
(67,500 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Warrants issued |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Outstanding at September 30, 2023 |
|
|
80,091 |
|
|
$ |
8.53 |
|
|
|
0.6 |
|
|
|
— |
|
| Exercisable at September 30, 2023 |
|
|
80,091 |
|
|
$ |
8.53 |
|
|
|
0.6 |
|
|
|
— |
|
|
|
Schedule of warrants outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Weighted |
|
|
Average |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
Number of |
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
| |
|
Warrants |
|
|
Price |
|
|
Term (Years) |
|
|
Value |
|
| Outstanding at December 31, 2020 |
|
|
1,587,553 |
|
|
$ |
8.62 |
|
|
|
2.0 |
|
|
|
— |
|
| Warrants expired, forfeited, cancelled or exercised |
|
|
(232,517 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants issued |
|
|
21,430 |
|
|
$ |
7.70 |
|
|
|
1.9 |
|
|
|
— |
|
| Outstanding at December 31, 2021 |
|
|
1,376,466 |
|
|
$ |
8.18 |
|
|
|
1.9 |
|
|
|
— |
|
| Exercisable at December 31, 2021 |
|
|
1,376,466 |
|
|
$ |
8.18 |
|
|
|
1.9 |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2021 |
|
|
1,376,466 |
|
|
$ |
8.18 |
|
|
|
1.9 |
|
|
|
— |
|
| Warrants expired, forfeited, cancelled or exercised |
|
|
(1,228,875 |
) |
|
|
|
|
|
|
— |
|
|
|
|
|
| Warrants issued |
|
|
0 |
|
|
$ |
— |
|
|
|
— |
|
|
|
— |
|
| Outstanding at December 31, 2022 |
|
|
147,591 |
|
|
$ |
8.63 |
|
|
|
0.8 |
|
|
|
— |
|
| Exercisable at December 31, 2022 |
|
|
147,591 |
|
|
$ |
8.63 |
|
|
|
0.8 |
|
|
|
— |
|
|