XML 92 R23.htm IDEA: XBRL DOCUMENT v3.25.1
SHAREHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
SCHEDULE OF RESTRICTED COMMON STOCK ACTIVITY

The following table summarizes restricted stock unit activity during the year ended December 31, 2024:

 

  

Number of

Restricted
Shares

   Fair Value   Weighted
Average
Grant Date
Fair Value
 
Non-vested, December 31, 2023      $   $ 
Granted   240,341    532    2.21 
Vested   (68,341)   (218)   3.19 
Forfeited            
Non-vested, December 31, 2024   172,000   $314   $1.83 
SCHEDULE OF WARRANT ACTIVITY

The table below summarizes the Company’s warrant activities for years ended December 31, 2023 and 2024:

 

   Number of Warrant
Shares
   Exercise
Price
Range Per
Share
   Weighted
Average
Exercise
Price
 
             
Balance, December 31, 2022   180,000   $4.17 - 8.33   $4.86 
Granted            
Cancelled            
Exercised            
Forfeited/Expired   (30,000)   8.33    8.33 
Balance, December 31, 2023   150,000    4.17    4.17 
Granted   128,188    2.40 - 4.80    4.43 
Cancelled            
Exercised            
Forfeited/Expired            
Balance, December 31, 2024   278,188   $2.40 - 4.80   $4.29 
Vested and exercisable, December 31, 2024   169,688   $2.40 - 4.17   $3.96 
SCHEDULE OF OUTSTANDING AND EXERCISABLE WARRANTS

The following table summarizes information concerning outstanding and exercisable warrants as of December 31, 2024:

 

      Warrants Outstanding     Warrants Exercisable  

Range of
Exercise
Prices

   

Number
Outstanding

   

Average
Remaining
Contractual
Life
(in years)

   

Weighted
Average
Exercise Price

   

Number
Exercisable

   

Average
Remaining
Contractual
Life
(in years)

   

Weighted
Average
Exercise
Price

 
$

2.40

     

19,688

     

4.75

    $ 2.40       19,688       4.75     $ 2.40  
  4.17 - 4.80       258,500       2.14       4.43       150,000       0.25       4.17  
$ 2.40 - 4.17       278,188       2.32     $ 4.29       169,688       0.77     $ 4.17