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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options Activity

A summary of stock option activity during the six months ended June 30, 2024 and 2023 is as follows:

 

           Weighted-     
       Weighted-   Average     
   Shares   Average   Remaining   Aggregate 
   Under   Exercise   Contractual   Intrinsic 
   Option   Price   Life   Value 
Outstanding at January 1, 2024   357,887   $5.69    8 years   $          - 
Forfeited   (4,000)   4.63           
Outstanding at June 30, 2024   353,887   $5.07    7 years   $- 
                     
Exercisable at June 30, 2024   256,138   $5.75    7 years   $- 

 

           Weighted-     
       Weighted-   Average     
   Shares   Average   Remaining   Aggregate 
   Under   Exercise   Contractual   Intrinsic 
   Option   Price   Life   Value 
Outstanding at January 1, 2023   365,447   $5.89    8 years   $19,200 
Forfeited   (5,000)   4.00           
Outstanding at June 30, 2023   360,447   $5.92    8 years   $19,200 
                     
Exercisable at June 30, 2023   165,654   $6.32    7 years   $19,200