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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

 

   June 30, 
   2022   2021 
Warrants   3,825,781    3,987,931 
Stock Options   1,528,637    853,936 
Preferred Stock   148,918    124,483 
Total Underlying Common Shares   5,503,336    4,966,350 
Schedule of Computing Loss Per Share

The following table shows the amounts used in computing loss per share and the effect on net loss and the weighted average number of shares of dilutive potential common stock for the periods ended June 30, 2022 and 2021:

 

   1   2   3   4 
   Three Months Ended June 30   Six Months Ended June 30 
   2022   2021   2022   2021 
                 
Net Loss per Common Share - Basic and Diluted  $(0.22)  $(0.18)  $(0.43)  $(0.28)
Loss Applicable to Common Stockholders (numerator)  $(2,261,390)  $(1,859,767)  $(4,483,005)  $(2,571,334)
                     
Weighted average number of common shares outstanding used in loss per share during the period (denominator)   10,498,802    10,493,598    10,498,802    9,149,328 
Schedule of Minimum Lease Payments Receivable

Minimum lease payments receivable for each of the succeeding years ending December 31 are as follows:

 

Year ending December 31,  Amount 
2022 (remaining)  $18,000 
2023  $3,000 
2024   - 
2025 and thereafter   - 
Total  $21,000 
Schedule of Assets underlying operating leases

Assets under operating leases are comprised of the following:

 

   June 30, 2022 
PrintRite 3D Hardware  $38,949 
Accumulated Depreciation   2,782 
Net Book Value  $36,167