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Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Stock Based Compensation (Tables) [Line Items]  
Schedule of Fair Value of Stock Option Derived from Share Price The fair value of stock option was derived from the share price on October 18, 2023.
   2023 - 
   Oct. 
     
Probability weighted time to exit   5 years 
Expected dividend yield   0 
The fair value of stock option was derived from the share price on October 4, 2023.
   2023 - 
   Oct. 
     
Probability weighted time to exit   5 years 
Expected dividend yield   0 
Schedule of Fair Value of Restricted Stock Units Determined Using the Black-Scholes Option-Pricing Model The stock-based compensation expense accounted as general administrative expense for the years ended December 31, 2023, 2022 and 2021 are are US$1,415,589, US$1,415,589 and US$767,908, respectively. Restricted common stocks of 4,360,419 converted to common stock on the deSPAC.
   2021 
     
Expected volatility   75.00%
Risk-free interest rate   0.72 
Probability weighted time to exit   5 years 
Expected dividend yield   0 

 

Employees [Member]  
Stock Based Compensation (Tables) [Line Items]  
Schedule of Activity Related to Restricted Common Stock The following table summarizes the activity related to restricted common stock for the years ended December 31, 2023, 2022 and 2021.
   Number of shares  

Weighted
average
grant-

date fair
value per
share

 
         
Beginning balance, January 1, 2021   289,218    0.95 
Granted   173,851    1.11 
Vested   (145,060)   1.04 
Canceled and forfeited   (123,518)   0.96 
           
Ending balance, December 31, 2021   194,492    1.02 
           
Beginning balance, January 1, 2022   194,492    1.02 
Granted   261,576    2.99 
Vested   (176,795)   1.58 
Canceled and forfeited   (13,103)   0.99 
           
Ending balance, December 31, 2022   266,170    2.58 
           
Beginning balance, January 1, 2023   266,170    2.58 
Granted   532,420    3.99 
Vested   (96,438)   3.05 
Canceled and forfeited   (326,765)   3.60 
           
Ending balance, December 31, 2023   377,943    3.52 

 

Schedule of Total Stock-Based Compensation Expense The following table summarizes total stock-based compensation expense for employees by account for the years ended December 31, 2023, 2022 and 2021.
   Dec 31,
2023
   Dec 31,
2022
   Dec 31,
2021
 
             
Cost of revenues   59,457    8,978    19,419 
General and administrative expenses   7,396    190,295    48,942 
Selling and marketing expenses   34,561    15,954    2,707 
                
Total   101,414    215,227    71,068 
Schedule of Fair Value of Stock Option Derived from Share Price The fair value of stock options was determined using the Black-Scholes option-pricing model with the following weighted-average assumptions.
   2023 -   2022 -   2021- 
   July   July   January 
             
Expected volatility   65.30%   75.00%   65.00%
Risk-free interest rate   3.86%   0.72%   0.18%
Probability weighted time to exit   6 years    3 years    3 years 
Expected dividend yield   0    0    0 

 

The fair value of stock options was determined using the Black-Scholes option-pricing model with the following weighted-average assumptions.
   2023- 
   Oct 
     
Expected volatility   65.30%
Risk-free interest rate   4.94%
Probability weighted time to exit   6 years 
Expected dividend yield   0 
Third-Party Consultant [Member]  
Stock Based Compensation (Tables) [Line Items]  
Schedule of Activity Related to Restricted Common Stock The summary of common shares issued to consultants and the related fair value at issuance is as follows,
   Number of shares  

Weighted
average
grant-

date fair
value per
share

 
         
Beginning balance, January 1, 2021   
--
    
--
 
Granted (*)   76,996    1.53 
Vested   (8,332)   1.53 
           
Ending balance, December 31, 2021   68,664    1.53 
           
Beginning balance, January 1, 2022   68,664    1.53 
Granted   12,783    2.99 
Vested   (13,652)   1.96 
           
Ending balance, December 31, 2022   67,795    1.72 
           
Beginning balance, January 1, 2023   67,795    1.72 
Granted   
--
    
--
 
Vested   (9,624)   1.53 
Cancelled   (12,783)   2.99 
           
Ending balance, December 31, 2023   45,387    1.53 

 

Schedule of Total Stock-Based Compensation Expense The following table summarizes total stock-based compensation expense for third-party consultant for the year ended December 31, 2023 and 2022.
   Dec 31,
2023
   Dec 31,
2022
   Dec 31,
2021
 
             
General and administrative expenses   2,736    26,893    12,776 
                
Total   2,736    26,893    12,776