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v3.23.1

STOCK BASED COMPENSATION (Details Narrative) - USD ($) | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2023 | Mar. 31, 2022 | May 16, 2019 | May 15, 2019
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Common stock remaining for grants | 122,936 |  |  |
Pricing model used in calculation of grant-date fair value | Black-Scholes |  |  |
Expected dividend yield | 0.00% |  |  |
Expected option life | 10 years |  |  |
Unrecognized compensation expense related to non-vested market-based share awards | $ 5,427,714 |  |  |
Aggregate intrinsic value of options and warrants outstanding and exercisable | $ 30,696,511 |  |  |
Closing stock price of common stock | $ 5.23 |  |  |
Proceeds from Options exercised | $ 7,000 |  |  |
Cashless options exercised | 25,000 | 4,375 |  |
Unamortized value | $ 579,822 |  |  |
Warrant [Member] |  |  |  |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Proceed from warrants exercised | $ 18,750 |  |  |
Common Stock [Member] |  |  |  |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Options exercised | 10,000 | 30,000 |  |
Minimum [Member] |  |  |  |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Expected volatility | 73.70% |  |  |
Risk-free interest rate | 3.49% |  |  |
Maximum [Member] |  |  |  |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Expected volatility | 76.90% |  |  |
Risk-free interest rate | 3.94% |  |  |
Two Thousands Seven Plan [Member] |  |  |  |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Number of common shares available to be purchased through options, issued and outstanding | 10,000,000 |  |  |
Number of shares authorized under plan | 2,895,000 |  |  |
Two Thousands Sixteen Plan [Member] |  |  |  |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Number of common shares available to be purchased through options, issued and outstanding | 5,712,923 |  |  |
Number of shares authorized under plan |  |  | 8,000,000 | 3,000,000
Common stock remaining for grants | 885,314 |  |  |
Exercisable period | 10 years |  |  |

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