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Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
Series 1 Convertible Preferred Stock
Series 2 Convertible Preferred Stock
Common Stock
Treasury Stock
Additional Paid in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2022 $ 851,660 $ 21,952,000 $ 2,176   $ 39,819,420 $ (31,590,583) $ 31,034,673
Balance (in Shares) at Dec. 31, 2022 170,332 21,952 21,750,804        
Provision for compensation expense related to stock-based compensation   420,748 420,748
Exercise of stock options into common stock   1,185 1,185
Exercise of stock options into common stock (in Shares)     1,500        
Net loss   (230,215) (230,215)
Balance at Mar. 31, 2023 $ 851,660 $ 21,952,000 $ 2,176   40,241,353 (31,820,798) 31,226,391
Balance (in Shares) at Mar. 31, 2023 170,332 21,952 21,752,304        
Balance at Dec. 31, 2022 $ 851,660 $ 21,952,000 $ 2,176   39,819,420 (31,590,583) $ 31,034,673
Balance (in Shares) at Dec. 31, 2022 170,332 21,952 21,750,804        
Exercise of stock options into common stock (in Shares)             1,500
Net loss             $ (5,527,870)
Balance at Jun. 30, 2023 $ 851,660 $ 21,952,000 $ 2,176   41,602,734 (37,118,453) 27,290,117
Balance (in Shares) at Jun. 30, 2023 170,332 21,952 21,752,304        
Balance at Mar. 31, 2023 $ 851,660 $ 21,952,000 $ 2,176   40,241,353 (31,820,798) 31,226,391
Balance (in Shares) at Mar. 31, 2023 170,332 21,952 21,752,304        
Provision for compensation expense related to stock-based compensation         443,800 443,800
Extension of warrants         917,581 917,581
Net loss         (5,297,655) (5,297,655)
Balance at Jun. 30, 2023 $ 851,660 $ 21,952,000 $ 2,176   41,602,734 (37,118,453) 27,290,117
Balance (in Shares) at Jun. 30, 2023 170,332 21,952 21,752,304        
Balance at Dec. 31, 2023 $ 851,660 $ 21,952,000 $ 2,176 $ (166,757) 42,415,894 (35,824,200) 29,230,773
Balance (in Shares) at Dec. 31, 2023 170,332 21,952 21,752,304 164,029      
Provision for compensation expense related to stock-based compensation 217,125 217,125
Purchases of treasury stock $ (6,098) (6,098)
Purchases of treasury stock (in Shares)       5,418      
Net loss (214,179) (214,179)
Balance at Mar. 31, 2024 $ 851,660 $ 21,952,000 $ 2,176 $ (172,855) 42,633,019 (36,038,379) 29,227,621
Balance (in Shares) at Mar. 31, 2024 170,332 21,952 21,752,304 169,447      
Balance at Dec. 31, 2023 $ 851,660 $ 21,952,000 $ 2,176 $ (166,757) 42,415,894 (35,824,200) $ 29,230,773
Balance (in Shares) at Dec. 31, 2023 170,332 21,952 21,752,304 164,029      
Exercise of stock options into common stock (in Shares)            
Net loss             $ (1,817,238)
Balance at Jun. 30, 2024 $ 851,660 $ 21,952,000 $ 2,200 $ (367,563) 42,684,380 (37,641,438) 27,481,239
Balance (in Shares) at Jun. 30, 2024 170,332 21,952 21,988,711 346,258      
Balance at Mar. 31, 2024 $ 851,660 $ 21,952,000 $ 2,176 $ (172,855) 42,633,019 (36,038,379) 29,227,621
Balance (in Shares) at Mar. 31, 2024 170,332 21,952 21,752,304 169,447      
Provision for compensation expense related to stock-based compensation         154,873   154,873
Vesting of performance share units, net of share withheld for employee taxes     $ 24   (103,512)   (103,488)
Vesting of performance share units, net of share withheld for employee taxes (in Shares)     236,407        
Purchases of treasury stock       $ (194,708)     (194,708)
Purchases of treasury stock (in Shares)       176,811      
Net loss           (1,603,059) (1,603,059)
Balance at Jun. 30, 2024 $ 851,660 $ 21,952,000 $ 2,200 $ (367,563) $ 42,684,380 $ (37,641,438) $ 27,481,239
Balance (in Shares) at Jun. 30, 2024 170,332 21,952 21,988,711 346,258