XML 53 R42.htm IDEA: XBRL DOCUMENT v3.25.1
STOCKHOLDERS’ EQUITY (DEFICIT) (Details Narrative) - USD ($)
3 Months Ended
Jun. 07, 2024
Nov. 15, 2023
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Jun. 14, 2024
Jun. 16, 2022
Jun. 24, 2021
Feb. 22, 2021
Jan. 08, 2021
Jan. 02, 2021
Class of Stock [Line Items]                      
Common stock, shares authorized     100,000,000   100,000,000            
Common stock, par value     $ 0.01   $ 0.01       $ 0.01    
Preferred stock, shares authorized     5,000,000                
Preferred stock, at par value     $ 0.0001                
Undesignated preferred stock     3,385,000                
Net income attributed to the non-controlling interest     $ 531,845 $ 119,432              
Distribution to non-controlling shareholders     36,000 36,000              
Number of shares issued   79,330                  
Warrant [Member]                      
Class of Stock [Line Items]                      
Share based compensation     0 0              
Unamortized expenses     $ 0                
2020 Plan [Member]                      
Class of Stock [Line Items]                      
Issuance of share based compensation     8,250,000             1,500,000  
Number of shares available for issuance           3,000,000 1,500,000 1,500,000     150,000
Remaining authorization of shares     1,585,844                
Fair value of options granted     $ 7,000 669,000              
Unamortized expense     22,000                
Options outstanding intrinsic value     $ 265,000                
Restricted Stock [Member]                      
Class of Stock [Line Items]                      
Common stock share service     1,282,654                
Service-Based Stock Options [Member]                      
Class of Stock [Line Items]                      
Unamortized expense     $ 0                
Options outstanding intrinsic value     1,100,000                
Fair value of options granted     $ 163,000                
Dividend yield     0.00%                
Expected term     5 years                
Volatility     108.50%                
Risk-free rate     4.34%                
Share based compensation     $ 145,000 192,000              
Number of share based compensation option exercised for cashless     95,000                
Number of shares issued     56,139                
Performance Shares [Member]                      
Class of Stock [Line Items]                      
Options outstanding intrinsic value     $ 55,000                
RSUs and RSAs [Member]                      
Class of Stock [Line Items]                      
Unamortized expense     0                
Share based compensation     $ 0 255,000              
Fair value                    
Shares issued     162,500                
Shares vested     100,000                
Shares previously vested     62,500                
Warrant and Restricted Stock Units (RSUs) [Member]                      
Class of Stock [Line Items]                      
Share based compensation     $ 2,500,000 2,500,000              
Unamortized expenses     7,800,000                
ATM Sales Agreement [Member]                      
Class of Stock [Line Items]                      
Offering price $ 53,300,000   53,300,000                
Shelf Agreement [Member]                      
Class of Stock [Line Items]                      
Proceeds from sale of securities     $ 150,000,000.0                
2020 Plan [Member] | Restricted Stock Units (RSUs) [Member]                      
Class of Stock [Line Items]                      
Fair value     725,000                
2020 Plan [Member] | RSUs and RSAs [Member]                      
Class of Stock [Line Items]                      
Unamortized expense     $ 7,800,000                
Share based compensation     $ 2,400,000 1,400,000              
Fair value     725,000                
Grants value     $ 3,800,000                
Shares vested     1,213,166                
Shares issued     1,120,154                
Shares and Securities [Member]                      
Class of Stock [Line Items]                      
Raise up funds $ 150,000,000.0                    
Common Stock [Member]                      
Class of Stock [Line Items]                      
Cashless exercise of options shares     56,139                
Distribution to non-controlling shareholders                  
Series B Convertible Preferred Stock [Member]                      
Class of Stock [Line Items]                      
Preferred stock, shares authorized     5,000                
Series A Preferred Stock [Member]                      
Class of Stock [Line Items]                      
Preferred stock, shares authorized     1,610,000   1,610,000            
Preferred stock, at par value     $ 0.0001   $ 0.0001            
Cumulative distributions on preferred stock     2.21875                
Preferred stock liquidation preference     $ 25.55   $ 25.55            
Series A Preferred Stock [Member] | Preferred Stock [Member]                      
Class of Stock [Line Items]                      
Distribution to non-controlling shareholders                  
Percentage of preferred stock liquidation preference     8.875%                
Preferred stock liquidation preference     $ 25.00