COMMON AND PREFERRED STOCK (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

COMMON AND PREFERRED STOCK

Summary of Stock Option Activity

Options Outstanding	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Balance Outstanding - January 1, 2024		776,328		$	3.75		8.0	$	-
Granted		5,100,241			2.64		9.7		-
Exercised		-			-		-		-
Forfeited		(7,112	)		2.81		7.8		-
Balance Outstanding – June 30, 2024		5,869,457		$	2.79		9.4	$	-
Exercisable – June 30, 2024		4,285,364		$	3.18		9.4	$	-

Nonvested Options	Number of Options			Weighted Average Grant Date Fair Value		Weighted Average Remaining Years to Vest
Nonvested - January 1, 2024		395,072		$	3.76		8.0
Granted		5,100,241			2.64		9.7
Vested		(4,285,364	)		3.18		9.4
Forfeited		-			-		-
Nonvested – June 30, 2024		1,209,949		$	1.72		9.4

2022 Options Outstanding	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Balance Outstanding - January 1, 2022		1,094,005		$	3.58		9.8	$	-
Granted		10,054		$	3.58		9.0		-
Exercised		(23,459	)		-		5.5		-
Forfeited		(335	)	$	4.48		6.2		-
Balance Outstanding - December 31, 2022		1,080,265		$	3.88		8.8	$	-
Exercisable - December 31, 2022		311,049		$	3.58		8.8	$	-

2022 Nonvested Options	Number of Options			Weighted Average Grant Date Fair Value		Weighted Average Remaining Years to Vest
Nonvested - January 1, 2022		1,034,856		$	3.58		9.8
Granted		10,054		$	4.48		9.0
Vested		(275,359	)	$	-		8.3
Forfeited/expired		(335	)	$	4.13		9.0
Nonvested - December 31, 2022		769,216		$	3.58		8.8

2023 Options Outstanding	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Balance Outstanding - January 1, 2023		1,080,265		$	3.88		8.8	$	-
Granted		7,446		$	6.04		9.6
Exercised		(310,881	)		3.62		7.6
Forfeited		(502	)	$	2.81		7.8
Balance Outstanding - December 31, 2023		776,328		$	3.74		8.0	$	-
Exercisable - December 31, 2023		381,256		$	3.72		7.9	$	-

2023 Nonvested Options	Number of Options			Weighted Average Grant Date Fair Value		Weighted Average Remaining Years to Vest
Nonvested - January 1, 2023		769,216		$	3.58		8.8
Granted		7,446		$	6.04		9.6
Vested		(381,256	)	$	3.72		7.9
Forfeited		(334	)		4.13		9.0
Nonvested - December 31, 2023		395,072		$	3.76		8.0

Schedule of preferred stock warrants outstanding

Common Stock Warrants Outstanding	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2023		45,129	$	2.09		4.81	$	-
Granted		69,000		1.36		4.51		-
Exercised		-		-		-		-
Cancelled		-		-		-		-
Outstanding – June 30, 2024		114,129	$	1.65		4.43	$	-

$2.00 Preferred Stock Warrants Outstanding	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2023		425,800	$	2.00		9.7	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Expired		-		-		-		-
Outstanding – June 30, 2024		425,800	$	2.00		9.2	$	-

$11.50 Preferred Stock Warrants Outstanding	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2023		10,122,313	$	11.50		9.7	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Expired		-		-		-		-
Outstanding – June 30, 2024		10,122,313	$	11.50		9.2	$	-

$15.00 Preferred Stock Warrants Outstanding	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2023		1,000,000	$	15.00		9.7	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Expired		-		-		-		-
Outstanding – June 30, 2024		1,000,000	$	15.00		9.2	$	-

	Warrant Shares Outstanding			Weighted Average Exercise Price		Weighted Average Remaining Life		Intrinsic Value
Outstanding - December 31, 2021		648,461		$	3.88		4.40	$	-
Granted
Additions including Down Round feature		379,492			2.39		3.40		-
Forfeited/expired		-		$	-		-		-
Outstanding - December 31, 2022		1,027,953		$	3.88		3.45
Granted		45,129			2.09		5.00		-
Exercised		(368,368	)		3.88		2.78		-
Cancelled		(659,585	)	$	3.88		2.78		-
Outstanding - December 31, 2023		45,129		$	2.09		4.80	$	-

$2.00 Preferred Stock Warrants Outstanding	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2022		-			-		-		-
Granted		600,000			2.00		10.0		-
Exercised		(174,200	)		2.00		9.8		-
Expired		-			-		-		-
Outstanding – December 31, 2023		425,800		$	2.00		9.7	$	-

$11.50 Preferred Stock Warrants Outstanding	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2022			$					-
Granted		10,122,313		11.50		10		-
Exercised		-		-		-		-
Expired		-		-		-		-
Outstanding – December 31, 2023		10,122,313	$	11.50		9.7	$	-

$15.00 Preferred Stock Warrants Outstanding	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2022			$					-
Granted		1,000,000		15.00		10		-
Exercised		-		-		-		-
Expired		-		-		-		-
Outstanding – December 31, 2023		1,000,000	$	15.00		9.7	$	-