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STOCK AWARDS, WARRANTS AND OPTIONS (Tables)
12 Months Ended
Dec. 31, 2023
Schedule of employee and non-employee stock based compensation expense

Year ended December 31, 

2023

2022

General and administrative

$

5,476,151

$

3,653,489

Research and development

 

1,916,245

 

805,089

Total

$

7,392,396

$

4,458,578

Summary of Stock Option Outstanding And Exercisable

Options Outstanding

Weighted Average

Weighted Average

Range of Ex. Prices

    

Options Outstanding

    

Term (yrs.)

    

Exercise Price

$1.39

 

1,600,054

 

5.71

$

1.39

$2.54 - $3.41

 

1,889,562

 

8.14

3.19

$3.61 - $3.85

3,004,621

8.17

3.80

$4.11 - $7.14

 

1,733,167

 

9.02

5.08

8,227,404

$

3.46

Options Exercisable

Weighted Average

Weighted Average

Range of Ex. Prices

    

Options Exercisable

    

Term (yrs.)

    

Exercise Price

$1.39

 

1,544,732

 

5.69

$

1.39

$2.54 - $3.41

 

845,993

 

8.00

3.18

$3.61 - $3.85

1,601,850

7.85

3.79

$4.11 - $7.14

 

255,561

 

7.49

5.16

4,248,136

$

2.88

Warrant [Member]  
Summary of warrant activity

Weighted Average

    

Warrants

    

Exercise Price

Outstanding at January 1, 2022

 

105,782

$

1.37

Granted

Exercised

Outstanding at December 31, 2022

 

105,782

$

1.37

Granted

4,935,621

5.70

Exercised

Outstanding at December 31, 2023

 

5,041,403

$

5.61

Schedule of outstanding warrants

Warrants Outstanding

December 31, 

December 31, 

Exercise Price

Expiration

Type

    

Grant Date

    

2023

    

2022

    

per Share

    

Date

Common Warrants

12/19/2019

40,782

 

40,782

$

1.10

12/19/2024

Common Warrants

3/27/2020

65,000

 

65,000

$

1.5313

3/27/2025

Common Warrants

10/3/2023

4,935,621

$

5.70

10/3/2030

5,041,403

105,782

Employee Stock Option [Member]  
Schedule of fair value of option using Black-Scholes option

    

Year ended December 31, 

 

2023

2022

Expected volatility

 

111 - 121

%  

123 - 124

%

Expected term

 

5 - 7 years

 

6 - 7 years

Dividend yield

 

0

%  

0

%

Risk-free interest rates

 

3.5 - 4.5

%  

1.5 - 3.9

%

Schedule of employee and non-employee stock option

Number of

Weighted Average

Aggregate

    

Options

    

Exercise Price

    

Intrinsic Value

Outstanding at January 1, 2022

 

3,793,824

$

2.68

 

Granted

 

2,817,370

 

3.46

 

  

Exercised

 

(325,667)

 

1.37

 

$

867,854

Expired/Cancelled

 

(508,688)

 

4.55

 

  

Outstanding at December 31, 2022

 

5,776,839

$

2.97

 

Granted

 

3,420,979

 

4.32

 

  

Exercised

 

(182,405)

 

2.55

 

$

367,422

Expired/Cancelled

 

(788,009)

 

3.82

 

  

Outstanding at December 31, 2023

 

8,227,404

$

3.46

$

12,493,414

Exercisable at December 31, 2023

 

4,248,136

$

2.88

$

8,636,326