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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

The estimated amortization expense for the succeeding years for the intangible assets is approximately:

The estimated amortization expense for the succeeding years for the intangible assets is approximately:

Year Ending December 31,
2024		$	65,869
2025			65,729
2026			64,674
2027			64,242
2028			64,242
Thereafter			429,605
Total amortization expense		$	754,361

The following securities were not included in the computation of diluted shares outstanding for the years ended December 31, 2023, and 2022 because the effect would be anti-dilutive:

The following securities were not included in the computation of diluted shares outstanding for the years ended December 31, 2023, and 2022 because the effect would be anti-dilutive:


		Years Ended December 31,
		2023			2022
Stock options		$	12,335		$	—
Restricted stock			904,496			950,000
Total		$	916,831		$	950,000

Schedule of net income per common share

Schedule of net income per common share


		Years Ended
		December 31, 2023			December 31, 2022

Net loss		$	(13,741,062	)	$	(8,661,142	)

Weighted Average Outstanding Shares:
Basic weighted average shares outstanding			45,601,346			45,002,074
Dilutive effect of outstanding stock options and unvested restricted stock			—			—
Diluted weighted average shares outstanding			45,601,346			45,020,074

Net loss per share
Basic		$	(0.30	)	$	(0.19	)
Diluted		$	(0.30	)	$	(0.19	)

The following table summarizes net revenues by geography for the years ended December 31, 2023 and 2022:

The following table summarizes net revenues by geography for the years ended December 31, 2023 and 2022:


		Years Ended December 31,
		2023			2022
Net Revenues
Domestic		$	23,676,039		$	23,586,254
International			4,841,627			4,309,783
Total		$	28,517,666		$	27,896,037