STOCK BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

SCHEDULE OF UNVESTED STOCK OPTION

The following summarized the Company’s stock options activity for the stock option issued in 2016 for the nine months ended September 30, 2022 and 2021:

	Number of stock options
Issued and unvested as of January 1, 2021		194
Forfeited		11
Issued and unvested as of September 30, 2021		183
Issued and unvested as of January 1, 2022		183
Vested and exercised		183
Exercisable as of September 30, 2022		-

SCHEDULE OF STOCK OPTION ACTIVITY

The following table summarizes the share options activity and related information for the nine months ended September 30, 2022:

	Number of Options/ Warrants			Weighted Average Exercise Price		Weighted Average Remaining Term (Years)		Intrinsic Value
As of January 1, 2022		1,534,500		$	2.50		9.99	$	-
Granted		16,500			2.54		4.59		-
Exercised		-			-		-		-
Forfeited		(39,500	)		2.50		-		-
As of September 30, 2022		1,511,500		$	2.50		9.19	$	-
Vested and exercisable as of September 30, 2022		14,500		$	2.48		3.86	$	-

SCHEDULE OF RESTRICTED STOCK UNITS

The following table summarizes the RSUs activity for the nine months ended September 30, 2022:

	Number of RSUs			Weighted Average Grant Date Fair Value per Share
Unvested as of January 1, 2022		-		$	-
Granted		169,153			3.84
Vested		(83,333	)		2.70
Forfeited		-			-
Unvested as of September 30, 2022		85,820		$	4.95