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Stockholder Equity (Tables)
3 Months Ended
Mar. 31, 2024
Stockholder Equity  
Schedule of stock option activity

 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Aggregate

Intrinsic

Value

 

 

Weighted

Average

Remaining

Contractual

Life (Years)

 

Options outstanding at December 31, 2023

 

 

10,828,174*

 

$0.83

 

 

$6,374,433

 

 

 

4.66

 

Granted

 

 

50,000

 

 

$1.40

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Expired/forfeit

 

 

(137,924)

 

$2.65

 

 

 

 

 

 

 

Options outstanding at March 31, 2024

 

 

10,740,250 *

 

$0.81

 

 

$4,826,248

 

 

 

4.35

 

Options Exercisable at March 31, 2024

 

 

8,696,519*

 

$0.50

 

 

$6,609,354

 

 

 

1.74

 

Schedule of stock option assumtion

 

 

March 31,

2024

 

Dividend yield

 

 

0.00%

Expected life

 

6.25 Years

 

Expected volatility

 

26.36–26.38%

 

Risk-free interest rate

 

4.09–4.31%

 

Schedule of warrant activity

 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Aggregate

Intrinsic

Value

 

 

Weighted

Average

Remaining

Contractual

Life (Years)

 

Balance at December 31, 2023

 

 

1,235,000

 

 

 

2.50

 

 

$

 

 

 

0.96

 

Issued

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2024

 

 

1,235,000

 

 

 

2.50

 

 

$

 

 

 

0.71