WARRANTS AND OPTIONS (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

SCHEDULE OF FAIR VALUE MEASUREMENT

	June 30, 2024			December 31, 2023
	(unaudited)			(audited)
Stock Price	$	0.47		$	0.31
Exercise Price	$	1.10		$	1.10
Term (expected in years)		4.1			4.7
Volatility		54.84	%		17.18	%
Annual Rate of Dividends		0.0	%		0.0	%
Risk Free Rate		5.09	%		4.79	%

SCHEDULE OF WARRANT ACTIVITY

The following table summarizes all warrant activity for the year ended December 31, 2023, and for the six months ended June 30, 2024.

	Shares			Weighted- Average Exercise Price Per Share			Remaining term		Intrinsic value
Outstanding and Exercisable at December 31, 2022 (audited)		1,096,455		$	30.50			4.50 years		-
Granted		615,000		$	4.37			5.00 years		-
Granted in Debt Conversion		686,499		$	4.24			5.00 years		-
Granted Prefunded Warrants		1,365,251		$	1.10			4.00 years		-
Granted in PIPE transaction		5,977,374		$	1.10	*		5.00 years		-
Exercised		(3,603,687	)	$	0.88			5.00 years		-
Expired		-			-			-		-
Outstanding and Exercisable at December 31, 2023 (audited)		6,136,892		$	3.15			4.70 years
Granted		-		$	-			-		-
Exercised		-		$	-			-		-
Expired		-		$	-			-		-
Outstanding and Exercisable at June 30, 2024 (unaudited)		6,136,892		$	3.15			4.10 years		-

- *Pursuant to the Inducement Agreement the following warrants were repriced with an exercise price of $1.10 per warrant.