Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.24.1.1.u2
Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of options activity and related information
                       
    Number of   Weighted   Weighted
    Shares   Average   Average
    Under   Exercise   Contractual
    Options   Price   Life
Options Outstanding at December 31, 2023     595,347     $ 3.46       5.82  
Options Granted     136,255       3.32       5.15  
Exercised                  
Expired/Cancelled     (2,448     5.41        
Options Outstanding at March 31, 2024     729,154     $ 2.66       6.83  
                         
Options Exercisable at March 31, 2024     282,072     $ 2.97       5.91  
Schedule of weighted average fair value of options granted
               
    2024   2023
Weighted average fair value of options granted   $ 3.32     $ 1.77  
Risk-free interest rate     3.94% - 4.21 %     3.48% – 4.01 %
Volatility     126159 %     196% – 199 %
Expected life (years)     3.56 years       10 years  
Dividend yield     %     %
Schedule of non-vested restricted stock units
               
Restricted Stock Units (RSUs)   Shares   Weighted Average Fair Value $
RSUs non-vested at January 1, 2024     208,472       1.90  
RSUs granted     84,559       3.40  
RSUs vested     49,490       1.74  
RSUs forfeited            
RSUs non-vested at March 31, 2024     243,541       2.45