XML 48 R37.htm IDEA: XBRL DOCUMENT v3.25.1

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2024

Stockholders' Equity Note [Abstract]

Summary of Stock Option Activity

A summary of stock option activity under the plans during the years ended December 31, 2024 and 2023, are as follows:

		Stock Options Outstanding
		Number of Underlying Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (in years)				Aggregate Intrinsic Value
Outstanding on January 1, 2023			970,680			$	2.07				5.61			$	988,197
Granted			400,000			$	2.95				-			$	-
Forfeited / Canceled			(8,250	)		$	2.49				-			$	-
Exercised			(38,670	)		$	0.63				-			$	-
Outstanding on December 31, 2023			1,323,760			$	2.37				4.06			$	169,802
Granted			-			$	-				-			$	-
Forfeited / Canceled			(99,784	)		$	1.56				-			$	181,779
Exercised			(83,426	)		$	1.76				-			$	132,627
Outstanding on December 31, 2024			1,140,550			$	2.49				3.85			$	1,019,680
Exercisable on December 31, 2024			890,550			$	2.36				2.56			$	919,680
Vested and expected to vest on December 31, 2024			890,550			$	2.36				2.56			$	919,680

Summary of Common Stock Options Outstanding

The following table summarizes information about common stock options outstanding as of December 31, 2024:

				Stock Options Outstanding												Stock Options Exercisable
Plan		Exercise Price Range		Number of Shares Outstanding				Weighted Average Remaining Contractual Life (in years)				Weighted Average Exercise Price				Number of Shares Exercisable				Weighted Average Remaining Contractual Life (in years)				Weighted Average Exercise Price
2015		$1.08-$1.95			197,059				2.04			$	1.75				197,059				2.04			$	1.75
2017		$2.14-$4.09			543,491				1.13			$	2.42				543,491				1.13			$	2.42
Incentive options issued outside of Plans		2.95			400,000				8.43			$	2.95				150,000				8.43			$	2.95
					1,140,550												890,550

Schedule of Assumption to Calculate Weighted Average Grant Date Fair Value of Options Grant

The following table presents details of the assumptions used to calculate the weighted-average grant date fair value of common stock options granted by the Company. There were no options granted during the year ended December 31, 2024.

		For the Year Ended December 31,
		2024				2023
Expected term (in years)			-				6.16
Expected volatility			0.00	%			72.73	%
Risk-free interest rate			0.00	%			3.79	%
Weighted average grant date fair value per share		$	-			$	2.95
Grant date fair value of options vested		$	1,107,251			$	927,447
Intrinsic value of options exercised		$	132,627			$	48,361

Schedule of Restricted Stock Unit Activity

The Company’s restricted stock unit activity for the years ended December 31, 2024 and 2023, was as follows:

		Restricted Stock Units
		Number of Shares				Weighted Average Grant Date Fair Value
Unvested on January 1, 2023			907,507			$	4.05
Granted			925,243			$	2.80
Vested			(647,943	)		$	3.94
Canceled			(91,318	)		$	4.30
Unvested on December 31, 2023			1,093,489			$	3.04
Granted			654,700			$	1.81
Vested			(495,510	)		$	3.16
Canceled			(124,252	)		$	1.99
Unvested on December 31, 2024			1,128,427			$	3.04

Summary of Stock-Based Compensation Expense

Stock-based compensation expense for the years ended December 31, 2024 and 2023, was comprised of the following:

		For the Year Ended December 31,
Stock-based compensation classified as:		2024				2023
General and administrative		$	1,296,977			$	1,452,774
Production			141,040				305,763
Marketing and selling			334,795				322,854
Research and development			215,314				263,967
		$	1,988,125			$	2,345,358

Schedule of Warrant Activity

The following table summarizes the Company’s warrant activity during the years ended December 31, 2024 and 2023:

		Number of Warrants				Weighted Average Exercise Price
Warrants outstanding on December 31, 2022			451,112			$	5.37
Warrants granted			-			$	-
Warrants expired			(380,000	)		$	6.00
Warrants exercised			(28,090	)		$	1.78
Warrants outstanding on December 31, 2023			43,022			$	2.15
Warrants expired			(9,302	)		$	2.15
Warrants exercised			(33,720	)		$	2.15
Warrants outstanding on December 31, 2024			-			$	-

X

- Definition

Summary of stock based compensation expense.

+ References

No definition available.

+ Details

Name:	oss_SummaryOfStockBasedCompensationExpenseTableTextBlock
Namespace Prefix:	oss_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock units.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-1

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration