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Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2023
Stock-Based Compensation [Abstract]  
Schedule of Option Activity Stock-based compensation expense included the following components as of September 30,:
   2023   2022 
Stock Options  $30,591    83,182 
Restricted Stock   112,427    129,186 
    143,018    212,368 
Schedule of Black-Scholes Option Pricing Model The Black-Scholes option pricing model assumptions are as follows:
Risk-Free Interest Rate  3.58%
Expected Term  5.5-6.25 years
Expected Volatility  29.24%
Expected Dividends  0%

 
Schedule of Option Activity A summary of option activity under the 2021 Plan as of September 30, 2023 and 2022 and changes during the nine months then ended is presented below:
Options  Shares   Weighted
Average
Exercise
Price		   Aggregate
Intrinsic
Value		 
Outstanding at January 1, 2022   1,587,000   $4.15   $3,045,700 
Granted   68,000   $1.80    
-
 
Forfeited or Expired and Other Adjustments   (50,180)  $4.15    
-
 
Outstanding at September 30, 2022   1,604,820   $4.06   $
-
 
Exercisable at September 30, 2022   109,924   $4.06   $
-
 
                
Outstanding at January 1, 2023   1,558,000   $4.15      
Granted   46,000   $1.54    
-
 
Forfeited or Expired and Other Adjustments   (39,001)  $3.11    
-
 
Outstanding at September 30, 2023   1,564,999   $4.12   $
-
 
Exercisable at September 30, 2023   630,228   $4.13   $
-
 
Schedule of Restricted Stock Activity A summary of restricted stock activity under the 2021 Plan as of September 30, and changes during the nine months then ended is presented below:
Restricted Stock  Time-
Based		 
Outstanding at January 1, 2022   154,960 
Granted   125,725 
Vested   (179,514)
Forfeited   (6,466)
Outstanding at September 30, 2022   94,705 
      
Outstanding at January 1, 2023   64,166 
Granted   19,252 
Vested   (17,500)
Forfeited   (10,647)
Outstanding at September 30, 2023   55,271