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Equity (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Investor Warrants Issued Exerxisable On A Cashless Basis Investor Warrants issued on September 8 and 30, 2021 became exercisable on a cashless basis on January 6 and 28, 2022, respectively.

 

As of June 30,

 

Issue Date

2024

 

April 25, 2019 at an exercise price of $20.00

 

50,000

 

November 13, 2020 at an exercise price of $20.00

 

50,000

 

September 8, 2021 at an exercise price of $10.00

 

404,510

 

September 8, 2021 at an exercise price of $12.50

 

135,000

 

September 30, 2021 at an exercise price of $10.00

 

165,000

 

September 30, 2021 at an exercise price of $12.50

 

14,850

 

 

 

819,360

 

Schedule of Stockholders Equity

 

Warrants

 

 

Weighted Average Price

 

 

Weighted Average Remaining Life

 

As of December 31, 2023

 

898,200

 

 

$

11.53

 

 

 

2.7

 

Exercised

 

(78,840

)

 

 

10.00

 

 

 

 

As of June 30, 2024

 

819,360

 

 

$

11.61

 

 

 

2.5

 

 

 

 

 

 

 

 

 

 

Warrants exercisable

 

819,360

 

 

$

11.61

 

 

 

2.5

 

 

 

 

 

 

 

 

 

 

 

Warrants

 

 

Weighted Average Price

 

 

Weighted Average Remaining Life

 

As of December 31, 2022

 

1,102,900

 

 

$

11.25

 

 

 

3.7

 

Exercised

 

(173,010

)

 

 

10.00

 

 

 

 

As of June 30, 2023

 

929,890

 

 

$

11.38

 

 

 

3.2

 

 

 

 

 

 

 

 

 

 

Warrants exercisable

 

929,890

 

 

$

11.38

 

 

 

3.2

 

Schedule of Restricted Common Shares Issued

The following is a summary of restricted shares for the six months ended June 30, 2024 and 2023:

 

2024

 

 

2023

 

Number of Shares Outstanding at beginning of period

 

91,516

 

 

 

58,502

 

Restricted Shares Issued

 

-

 

 

 

98,593

 

Restricted Shares Vested

 

(43,364

)

 

 

(46,213

)

Number of Shares Outstanding at end of period

 

48,152

 

 

 

110,882

 

Schedule of Cash Distributions

Authorized Date

Record Date

 

Per Share/Unit

 

June 3, 2024

June 15, 2024

 

$

0.039

 

May 3, 2024

May 15, 2024

 

$

0.039

 

April 4, 2024

April 15, 2024

 

$

0.039

 

January 3, 2024

March 15, 2024

 

$

0.039

 

January 3, 2024

February 14, 2024

 

$

0.039

 

January 3, 2024

January 15, 2024

 

$

0.039

 

October 3, 2023

December 15, 2023

 

$

0.039

 

October 3, 2023

November 15, 2023

 

$

0.039

 

October 3, 2023

October 15, 2023

 

$

0.039

 

July 3, 2023

September 15, 2023

 

$

0.039

 

July 3, 2023

August 15, 2023

 

$

0.039

 

July 3, 2023

July 15, 2023

 

$

0.039

 

April 3, 2023

June 15, 2023

 

$

0.039

 

April 3, 2023

May 15, 2023

 

$

0.039

 

April 3, 2023

April 15, 2023

 

$

0.039

 

January 3, 2023

March 15, 2023

 

$

0.039