STOCKHOLDERS’ EQUITY (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of stock purchase warrants

	Number of stock purchase warrants		Weighted average exercise price		Weighted average remaining life
July 1, 2024	$	1,019,750	$	1.33		0.75

Schedule of assumptions used for valuation of warrants

Expected dividend yield (1)	0.00%
Risk-free interest rate (2)	0.07%
Volatility	135%
Expected life in years	5.00

(1)	The Company has no history or expectation of paying cash dividends on its Common Stock.
(2)	The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected life of the awards in effect at the time of grant.