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Equity (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Stockholders Equity [Table Text Block]

 

Warrants

 

 

Weighted Average Price

 

 

Weighted Average Remaining Life

 

As of December 31, 2024

 

819,360

 

 

$

11.61

 

 

 

2.5

 

Exercised

 

-

 

 

 

-

 

 

 

 

As of March 31, 2025

 

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, 2023

 

898,200

 

 

$

11.53

 

 

 

2.7

 

Exercised

 

(45,510

)

 

 

10.00

 

 

 

 

As of March 31, 2024

 

852,690

 

 

$

11.61

 

 

 

2.5

 

 

 

 

 

 

 

 

 

 

Warrants exercisable

 

852,690

 

 

$

11.61

 

 

 

2.5

 

Schedule of Restricted Common Shares Issued

The following is a summary of restricted shares for the three months ended March 31, 2025 and 2024:

 

2025

 

 

2024

 

Number of Shares Outstanding at beginning of period

 

61,322

 

 

 

91,516

 

Restricted Shares Issued

 

-

 

 

 

-

 

Restricted Shares Vested

 

-

 

 

 

(34,888

)

Number of Shares Outstanding at end of period

 

61,322

 

 

 

56,628

 

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] Investor Warrants issued on September 8 and 30, 2021 became exercisable on a cashless basis on January 6 and 28, 2022, respectively.

 

As of March 31,

 

Issue Date

2025

 

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