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STOCKHOLDERS’ EQUITY (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Assumptions for options granted

Assumptions for options granted
		2022				2021
Expected volatility			94.94% - 97.41%				93.03% - 99.32%
Expected term			5 - 7 Years				5 - 7 Years
Risk-free interest rate			1.55% - 3.86%				1.25% - 1.38%
Weighted average FV			$13.02				$19.55

Schedule of option activity

Schedule of option activity
		Number of Options				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life
Outstanding at December 31, 2020			341,808			$	11.27
Granted			43,300				24.63
Exercised			(97,192	)			13.28
Forfeited			(24,483	)			23.84
Outstanding at December 31, 2021			263,433				11.56
Granted			78,400				16.72
Exercised			(1,750	)			6.67
Forfeited			(3,325	)			36.25
Outstanding at December 31, 2022			336,758			$	12.54			7.04 Years
Exercisable at December 31, 2022			225,360			$	8.89			6.30 Years

Schedule of restricted stock units

Schedule of restricted stock units
		PSU Nonvested Shares				RSU Nonvested Shares				Weighted-Average Grant-Date Fair Value
Nonvested at December 31, 2021			–				–			$	–
Granted			142,500				142,500				13.05
Vested			–				(71,250	)			13.05
Nonvested at December 31, 2022			142,500				71,250			$	13.05

Schedule of restricted stock award activity

Schedule of restricted stock award activity
						Weighted-
		Nonvested				Average Grant-
		Shares				Date Fair Value
Nonvested at December 31, 2020			46,563			$	12.28
Granted			20,444				31.41
Vested			(40,513	)			18.32
Forfeited			(12,825	)			14.95
Nonvested at December 31, 2021			13,669				20.45
Granted			26,136				14.68
Vested			(21,940	)			18.75
Nonvested at December 31, 2022			17,865			$	14.11

Schedule of warrant activity

Schedule of warrant activity
			Number of Warrants				Weighted Average Exercise Price
Outstanding at December 31, 2020				965,584			$	6.33
Exercised				(445,926	)			6.40
Outstanding at December 31, 2021				519,658				6.30
Exercised				(79,454	)			6.30
Outstanding at December 31, 2022				440,204			$	6.30
Exercisable at December 31, 2022				440,204			$	6.30

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

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Tabular disclosure of activity for outstanding award under share-based payment arrangement excluding share and unit options and nonvested award.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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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.

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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.

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