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Loss per Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share of Common Stock | The following table sets forth the computation of basic and diluted earnings (loss) per share of common stock for the three and nine months ended September 30, 2024 and 2023: Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share of Common Stock
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Basic loss per share attributable to common stock: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (2,218,818 | ) |  | $ | (6,650,970 | ) |  | $ | (1,773,831 | ) |  | $ | (14,069,829 | )
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted avg. common shares outstanding |  |  | 5,347,940 |  |  |  | 5,292,058 |  |  |  | 5,335,941 |  |  |  | 5,254,116 |
Basic earnings loss per share attributable to common stock |  | $ | (0.41 | ) |  | $ | (1.26 | ) |  | $ | (0.33 | ) |  | $ | (2.68 | )
Diluted loss per share attributable to common stock: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (2,218,818 | ) |  | $ | (6,650,970 | ) |  | $ | (1,773,831 | ) |  | $ | (14,069,829 | )
Effect of dilutive securities on net loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock warrants |  |  | 138,081 |  |  |  | 74,827 |  |  |  | 13,580 |  |  |  | 200,416 |
Total net loss for purpose of calculating diluted loss per common share |  | $ | (2,356,899 | ) |  | $ | (6,725,797 | ) |  | $ | (1,787,411 | ) |  | $ | (14,270,245 | )
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted avg. common shares outstanding |  |  | 5,347,940 |  |  |  | 5,292,058 |  |  |  | 5,335,941 |  |  |  | 5,254,116 |
Weighted average effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Restricted stock units |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Dilutive securities |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total shares for purpose of calculating diluted net loss per common share |  |  | 5,347,940 |  |  |  | 5,292,058 |  |  |  | 5,335,941 |  |  |  | 5,254,116 |
Diluted loss per share attributable to common stock |  | $ | (0.44 | ) |  | $ | (1.27 | ) |  | $ | (0.33 | ) |  | $ | (2.72 | )
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share | The computation of diluted loss per share for the three and nine months ended September 30, 2024 and 2023 does not include the following stock options and warrants to purchase shares of common stock or unvested restricted stock units in the computation of diluted loss per share because these instruments were antidilutive: Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share
|  | For the Three and Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |
Stock options |  |  | 286,484 |  |  |  | 264,069 |
Unvested restricted stock units |  |  | 21,762 |  |  |  | - |
Warrants |  |  | 49,333 |  |  |  | 49,433 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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