STOCKHOLDERS' EQUITY (Details - Schedule of black sholes option pricing model) - Share-Based Payment Arrangement, Option [Member] - $ / shares |
9 Months Ended | 12 Months Ended | |
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Sep. 30, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Expected term | 3 years 6 months | ||
Expected volatility | 91.60% | ||
Risk-free rate | 0.18% | ||
Expected dividend rate | 0.00% | ||
Minimum [Member] | |||
Grant date share price | $ 2.10 | ||
Grant date exercise price | $ 1.79 | ||
Expected term | 3 months | 3 years 3 months | |
Expected volatility | 89.70% | 72.00% | |
Risk-free rate | 4.76% | 0.97% | |
Maximum [Member] | |||
Grant date share price | $ 5.13 | ||
Grant date exercise price | $ 4.36 | ||
Expected term | 6 months | 3 years 6 months | |
Expected volatility | 103.40% | 80.00% | |
Risk-free rate | 5.53% | 3.15% |
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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