Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Compensation

Schedule of Restricted Stock Units

	For the Year Ended December 31,
	2023					2022
	Number of Shares			Weighted-Average Grant Date Fair Value Per Share		Number of Shares			Weighted-Average Grant Date Fair Value Per Share
Unvested balance at January 1		160,000		$	12.08		-		$	-
RSUs granted		870,200		$	3.46		266,666		$	29.45
RSUs vested		(44,680	)	$	13.11		(106,666	)	$	55.5
RSUs forfeited		(31,214	)	$	5.28		-		$	-
Unvested balance at December 31		954,306		$	4.39		160,000		$	12.08

Summary of option activity

	Number of Shares		Weighted-Average Exercise Price Per Share		Weighted-Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value
Outstanding at January 1, 2022		7,332	$	28.50		9.3		-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at December 31, 2022		7,332		28.50		8.3		-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at December 31, 2023		7,332	$	28.50		7.3	$	-
Vested or expected to vest at December 31, 2023		7,332	$	28.50		7.3	$	-
Exercisable at December 31, 2023		5,110	$	28.50		7.2	$	-

Schedule of share-based compensation expense

	For the Year Ended December 31,
	2023		2022
Selling, general and administrative expenses	$	875,509	$	6,394,198
Research and development expenses		220,723		24,232
Cost of revenues		18,535		3,449
Total	$	1,114,767	$	6,421,879