General form for registration of securities under the Securities Act of 1933

SUBSEQUENT EVENTS (Tables)

v3.25.2
SUBSEQUENT EVENTS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Subsequent Events [Abstract]    
Schedule of black scholes option pricing model using assumptions
     
   

At

March 31, 2025

 
Grant date share price     $5.64  
Grant date exercise price      $4.79  
Expected term     0.25 years  
Expected volatility     74.1 %
Risk-free rate     4.32 %
Expected dividend rate     0 %
 
Schedule of stock-based compensation
     
    At
March 31, 2025
 
Cash payment received from employee withholdings   $ 51,781  
Cash from employee withholdings used to purchase shares under ESPP      
Cash and ESPP employee withholding liability   $ 51,781  

 

       
 
 
 
 
For the Three Months ended
March 31, 2025
 
 
Cash from employee withholdings used to purchase ESPP shares   $  
Stock based compensation expense     21,644  
Total increase to equity for three months ended March 31, 2025   $ 21,644  
 
Schedule of warrants
                       
    Number of
Options
    Weighted
Average
Exercise
Price
    Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic
Value
 
Outstanding at December 31, 2023     1,387,775     $ 5.23       3.0     $  
Granted         $           $  
Forfeited     (781,323 )   $ 5.17           $  
Outstanding at December 31, 2024     606,452     $ 5.29       2.0     $ 514,394  
Exercisable at December 31, 2024     442,445     $ 5.50       1.6     $ 296,145  
                                 
Outstanding at December 31, 2024     606,452     $ 5.29       2.0     $ 514,394  
Granted         $           $  
Exercised/Forfeited/Expired     131,084     $ 5.39           $  
Outstanding at March 31, 2025     475,368     $ 5.27       2.3     $ 351,353  
Exercisable at March 31, 2025     324,246     $ 5.76       1.9     $ 100,465  

  

 Warrants

Schedule of warrants                        
    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic
Value
 
Outstanding at December 31, 2023     44,644     $ 7.70       0.7     $  
Warrants expired, forfeited, cancelled or exercised     (344,644 )   $           $  
Warrants issued     300,000     $ 3.00           $  
Outstanding at December 31, 2024         $           $  
Exercisable at December 31, 2024         $           $  
                                 
Outstanding at December 31, 2024         $           $  
Warrants issued         $           $  
Warrants expired, forfeited, cancelled or exercised         $           $  
Outstanding at March 31, 2025         $           $  
Exercisable at March 31, 2025         $           $  
 Schedule of options activity                          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares
 
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Exercise
Price
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate
Intrinsic
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           $              
  Forfeited       (781,323 )   $ 5.17              
  Outstanding at December 31, 2024       606,452     $ 5.29       2.0     $ 514,394  
  Exercisable at December 31, 2024       442,445     $ 5.50       1.6     $ 296,145  
Schedule of warrants
Schedule of warrants                        
    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic
Value
 
Outstanding at December 31, 2023     44,644     $ 7.70       0.7     $  
Warrants expired, forfeited, cancelled or exercised     (344,644 )   $           $  
Warrants issued     300,000     $ 3.00           $  
Outstanding at December 31, 2024         $           $  
Exercisable at December 31, 2024         $           $  
                                 
Outstanding at December 31, 2024         $           $  
Warrants issued         $           $  
Warrants expired, forfeited, cancelled or exercised         $           $  
Outstanding at March 31, 2025         $           $  
Exercisable at March 31, 2025         $           $  
 Schedule of warrants outstanding                        
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of
Warrants
 
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Exercise
Price
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate
Intrinsic
Value
 
 
 
 
 
Outstanding at December 31, 2022     80,091     $ 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     (344,644 )   $              
Warrants issued     300,000     $ 3.00       4.47        
Outstanding at December 31, 2024         $              
Exercisable at December 31, 2024         $