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STOCKHOLDERS’ EQUITY (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

SCHEDULE OF COMMON STOCK

The Company issued the following common stock during the three months ended March 31, 2024, and 2023:

 SCHEDULE OF COMMON STOCK

Transaction Type		Shares Issued				Valuation $				Range of Value Per Share $
March 31, 2024 Equity Transactions
Common stock issued, pursuant to services provided			890,103				3,295,029			1.27-1.68
Issuance of common stock pursuant to offering, net			2,733,361				3,655,755			1.25-1.64

Transaction Type		Shares Issued				Valuation ($)				Range of Value Per Share ($)
March 31, 2023 Equity Transactions
Common stock issued, pursuant to services provided			282,188				2,963,702			2.52 – 3.56

SCHEDULE OF PREFERRED STOCK ACTIVITY

 SCHEDULE OF PREFERRED STOCK ACTIVITY

Transaction Type		Quantity				Carrying Value				Value per Share ($)
Preferred Stock Balance at December 31, 2022			880,400			$	220,099			$	0.25
Preferred Stock redemptions			—				—				—
Preferred Stock Balance at March 31, 2023			880,400			$	220,099			$	0.25

SCHEDULE OF STOCK OPTION ACTIVITY

The following is a summary of the Company’s stock option activity during the three month ended March 31, 2024 and 2023:

 SCHEDULE OF STOCK OPTION ACTIVITY

Options		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (In Years)				Aggregate Intrinsic Value
Outstanding, January 1, 2024			35,805,976			$	7.33				––			$	2,037,200
Exercised			––				––				––				––
Granted			540,000				1.63				––				—
Forfeited			(189,500	)			2.89				—				—
Expired							—
Outstanding, March 31, 2024			36,156,476			$	7.3				2.58			$	2,037,200
Exercisable, March 31, 2024			13,892,937			$	4.54				2.07			$	2,034,525

Options		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (In Years)				Aggregate Intrinsic Value
Outstanding, January 1, 2023			33,289,250			$	7.7				—			$	—
Exercised											—				—
Expired			175,000				3.0				—				—
Outstanding, March 31, 2023			33,114,250			$	7.7				3.2			$	10,534,567
Exercisable, March 31, 2023			12,731,250			$	4.4				2.55			$	10,534,567

SCHEDULE OF BLACK SCHOLES PRICING MODEL

 SCHEDULE OF BLACK SCHOLES PRICING MODEL

		March 31, 2024				March 31, 2023
			Range				Range
Stock price		$	1.76			$	3.74-3.84
Exercise price		$	0 - 14			$	3.0
Expected life (in years)			2.87 yrs.				5 yrs.
Volatility			37	%			42	%
Risk-fee interest rate			4.10	%			5.02	%
Dividend yield			—				—

SCHEDULE OF WARRANT ACTIVITY

The following is a summary of the Company’s warrant activity during three month ended March 31, 2024 and 2023:

 SCHEDULE OF WARRANT ACTIVITY

		Number of Warrants				Weighted Average Exercise Price
Balance, January 1, 2024			2,063,522			$	5.76
Issued			—				—
Exercised			—				—
Forfeited			(14,375	)			—
Balance, March 31, 2024			2,049,147			$	5.45

		Number of Warrants				Weighted Average Exercise Price
Balance, January 1, 2023			671,855			$	11.5
Issued			1,391,667				3.0
Exercised			—				—
Forfeited			—				—
Balance, March 31, 2023			2,063,522			$	5.76

SCHEDULE OF NON-VESTED RESTRICTED STOCK

A summary of the Company’s non-vested restricted stock units during the three months ended March 31, 2024 and 2023 are as follows:

 SCHEDULE OF NON-VESTED RESTRICTED STOCK

		Shares				Weighted Average Grant Due Fair Value
Non-vested restricted stock units, January 1, 2024			4,919,702			$	4.21
Granted			600,000				1.76
Vested			(770,888	)			3.79
Forfeited			(13,834	)			1.52
Non-Vested restricted stock units, March 31, 2024			4,734,980			$	3.98
Non-vested restricted stock units, January 1, 2023			2,516,461			$	8.39
Granted			9,096				3.29
Vested			(540,188	)			10.73
Forfeited			(5,400	)			11.4
Non-vested restricted stock units on March 31, 2023			1,979,969			$	7.87

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