Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

v3.24.2.u1
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of black scholes option pricing model using assumptions
       
   

At

June 30, 2024

 
Grant date share price at January 1, 2024   $ 2.70  
Grant date exercise price   $ 2.30  
Expected term     0.5 years  
Expected volatility     67.3 %
Risk-free rate     5.26 %
Expected dividend rate     0 %
Schedule of stock-based compensation
       
    At
June 30, 2024
 
Cash from employee withholdings used to purchase ESPP shares   $ 87,348  
Stock based compensation expense     40,589  
Total charges related to the Employee Stock Purchase Plan   $ 127,937  

   

       
   

At

June 30, 2023

 
Cash from employee withholdings used to purchase ESPP shares   $ 117,048  
Stock based compensation expense     66,217  
Total charges related to the Employee Stock Purchase Plan   $ 183,265  
Schedule of non-plan options
                         
          Weighted     Average        
          Average     Remaining     Aggregate  
    Number of     Exercise     Contractual     Intrinsic  
    Options     Price     Term (Years)     Value  
Outstanding at December 31, 2022     926,266     $ 5.74       3.3     $ —  
Granted     463,117     $ 4.22       4.35     $ —  
Forfeited     (1,608 )   $ 14.00       —     $ —  
Outstanding at December 31, 2023     1,387,775     $ 5.23       3.0     $ —  
Exercisable at December 31, 2023     581,324     $ 5.38       1.8     $ —  
                                 
Outstanding at December 31, 2023     1,387,775     $ 5.23       3.0     $ —  
Granted     —     $ —       —     $ —  
Exercised/Forfeited/Expired     (46,872 )   $ 5.47       —     $ —  
Outstanding at June 30, 2024     1,340,903     $ 5.22       2.5     $ —  
Exercisable at June 30, 2024     850,629     $ 5.43       1.8     $ —  
Schedule of warrants
                         
                Weighted        
          Weighted     Average        
          Average     Remaining     Aggregate  
    Number of     Exercise     Contractual     Intrinsic  
    Warrants     Price     Term (Years)     Value  
Outstanding at December 31, 2022     147,591     $ 8.63       0.8     $  —  
Warrants expired, forfeited, cancelled or exercised     (102,947 )   $  —       —     $  —  
Warrants issued     —     $  —       —     $  —  
Outstanding at December 31, 2023     44,644     $ 7.70       0.7     $ —  
Exercisable at December 31, 2023     44,644     $ 7.70       0.7     $ —  
                                 
Outstanding at December 31, 2023     44,644     $ 7.70       0.7     $  —  
Warrants expired, forfeited, cancelled or exercised     —     $  —       —     $  —  
Warrants issued     —     $ —       —     $ —  
Outstanding at June 30, 2024     44,644     $ 7.70       0.2     $  —  
Exercisable at June 30, 2024     44,644     $ 7.70       0.2     $  —