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Capital Structure (Tables)

12 Months Ended

Dec. 31, 2022

Capital Structure [Abstract]

Schedule of weighted average grant date fair value

		Warrants				Expense				Grant date fair value
Grant Date		Granted				Recorded				Per Warrant
January 31, 2021			40,000			$	73,595			$	1.84
February 29, 2021			40,000				76,318				1.91
March 31, 2021			40,000				63,010				1.58
April 30, 2021			40,000				60,542				1.51
May 31, 2021			40,000				63,156				1.58
June 30, 2021			40,000				68,228				1.71
July 31, 2021			40,000				55,658				1.39
August 31, 2021			40,000				62,301				1.56
			320,000				522,808				1.63

Schedule of outstanding stock warrants

	Exercise				Common Stock Warrants			Series 2 Preferred Stock Warrants		Weighted Average Remaining Contractual Life
	Price				Outstanding			Outstanding		Dec 31, 2022		Dec 31, 2021
$	1.25				1,055,184					1 year		2 years
$	1.25				160,000					Less than 1 year		1 year
$	1.34				40,000					Less than 1 year		1 year
$	1.40				40,000					Less than 1 year		1 year
$	1.54				40,000					Less than 1 year		1 year
$	1.62				40,000					Less than 1 year		1 year
$	1.68				40,000					2 years		3 years
$	1.69				40,000					Less than 1 year		1 year
$	1.74				40,000					Less than 1 year		1 year
$	1.76				40,000					Less than 1 year		1 year
$	1.91				40,000					Less than 1 year		1 year
$	1.95				40,000					2 years		3 years
$	2.00				40,000					Less than 1 year		1 year
$	2.01				40,000					Less than 1 year		1 year
$	2.08				40,000					2 years		3 years
$	2.45				40,000					Less than 1 year		1 year
$	2.53				40,000					Less than 1 year		1 year
$	2.57				40,000					2 years		3 years
$	2.70				40,000					3 years		4 years
$	2.78				40,000					Less than 1 year		1 year
$	2.79				40,000					2 years		3 years
$	2.89				40,000					2 years		3 years
$	2.93				40,000					Less than 1 year		1 year
$	2.97				40,000					2 years		3 years
$	3.09				40,000					2 years		3 years
$	3.17				40,000					2 years		3 years
$	3.19				40,000					3 years		4 years
$	3.27				40,000					2 years		3 years
$	1,250							439	*	Less than 1 year		1 year
					2,255,184			439

(*) At December 31, 2022 and 2021, these warrants were exercisable into Series 2 Preferred Stock which, in turn, were convertible into 116,903 shares of common stock

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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
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-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section S99
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

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Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year.

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-Publisher FASB
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