Duos Technologies Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Details Narrative)

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)					1 Months Ended			3 Months Ended		6 Months Ended
STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Feb. 03, 2022	Jan. 11, 2022	May 12, 2021	Nov. 24, 2017	Feb. 21, 2022	Jan. 31, 2022	Feb. 26, 2021	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Class of Stock [Line Items]
Conversion shares		710
Conversion price		$ 5.50
Number of shares issued at shares	1,325,000				198,750
Common stock issued for services, value	$ 5,300,000				$ 795,000
Share price	$ 4				$ 4
Proceeds from offering cost	$ 4,779,000				$ 739,350
Aggregate common stock					$ 50,000,000
Stock issued for services								$ 40,000	$ 40,000
Preferred stock authorized								10,000,000		10,000,000		10,000,000
Preferred stock, par value								$ 0.001		$ 0.001		$ 0.001
Strike price								$ 6.41		$ 6.41
Total compensation cost for stock options								$ 961,405		$ 961,405
Options to purchase shares of common stock										665,000
Vesting term										5 years
Shares available for grant								1,563,708		1,563,708
Expected term										3 years 6 months
Expected volatility										72.00%
Discount rate										97.00%
Payroll taxes payable								$ 38,969		$ 38,969
Stock based compensation										$ 438,809	$ 153,163
Warrants outstanding								1,376,466		1,376,466
Share-Based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Options outstanding								986,266		986,266		431,266
Employee Stock Option 1 [Member]
Class of Stock [Line Items]
Options outstanding								110,000		110,000
Warrant [Member]
Class of Stock [Line Items]
Warrant issued								0		0
Warrants outstanding								1,376,466		1,376,466		1,376,466
Plan 2021 [Member]
Class of Stock [Line Items]
Number of shares issued at shares			1,000,000
Options outstanding								665,000		665,000		0
2016 Plan [Member]
Class of Stock [Line Items]
Options outstanding								271,266		271,266		271,266
Non Plan [Member]
Class of Stock [Line Items]
Options outstanding								160,000		160,000		160,000
Employees And Directors [Member]
Class of Stock [Line Items]
Stock-based compensation expense										$ 438,809	$ 153,163
Purchase Agreement [Member]
Class of Stock [Line Items]
Proceeds from issuance of preffeed stock							$ 4,500,000
Common Stock [Member]
Class of Stock [Line Items]
Stock issued for services , shares								10,668	7,198
Stock issued for services								$ 10	$ 7
Series C preferred converted to common stock, shares									454,546
Convertible Series C Preferred Stock [Member]
Class of Stock [Line Items]
Conversion shares		1,790
Preferred stock, shares issued								0		0		2,500
Preferred stock authorized								5,000		5,000		5,000
Preferred stock, par value								$ 1,000		$ 1,000		$ 1,000
Preferred stock, shares outstanding								0		0		2,500
Series C preferred converted to common stock, shares						454,546
Series B Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares issued								15,000		15,000
Conversion of preferred stock										$ 1,000
Conversion price								$ 7.00		$ 7.00
Series B Convertible Preferred Stock [Member] \| Equity Unit Purchase Agreements [Member]
Class of Stock [Line Items]
Preferred stock, shares issued				2,830
Conversion of preferred stock				$ 2,830,000
Strike price				$ 1,000
Convertible Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares issued								851		851		851
Preferred stock authorized								15,000		15,000		15,000
Preferred stock, par value								$ 1,000		$ 1,000		$ 1,000
Preferred stock, shares outstanding								851		851		851