STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($) |
3 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
Feb. 28, 2023 |
Feb. 02, 2023 |
Dec. 13, 2021 |
Dec. 13, 2021 |
Feb. 21, 2021 |
Apr. 02, 2023 |
Jan. 02, 2022 |
Jan. 01, 2023 |
|
Officers Directors and Controlled Entities [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Percentage of outstanding common stock owned | 53.40% | |||||||
Seven Directors [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Stock price | $ 0.553 | $ 0.553 | ||||||
Shares issued for annual compensation award | 84,888 | |||||||
Director [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Compensation Expense | $ 61,944 | |||||||
Two Directors [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Annual Compensation award description | On December 13, 2021, the Company declared its annual compensation award to seven directors for their service on the Board of Directors. Five directors were awarded $10,000 each, two new directors were awarded $2,222 each, and two directors received a total of $7,500 for serving as committee chairpersons and as a non-employee officer, with such compensation to be paid all in shares of the Company’s common stock, all in cash or a combination thereof, at each director’s election. Five directors elected to receive all shares, one director elected to receive 60% in shares and 40% in cash, and one director elected all cash. Based on the closing stock price of $0.553 per share on December 13, 2021, a total of 84,888 shares were distributed on February 21, 2022. The total compensation award cost of $61,944 was reported as an expense in the three month period ended January 2, 2022. | |||||||
Five Directors [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Annual compensation award to each director | $ 10,000 | |||||||
Two New Directors [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Annual compensation award to each director | 2,222 | |||||||
Non Director Officer [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Annual compensation award to each director | $ 10,000 | |||||||
Stock price | $ 0.553 | $ 0.553 | ||||||
Shares issued for annual compensation award | 18,083 | |||||||
Compensation Expense | $ 10,000 | |||||||
Subsequent Event [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Annual Compensation award description | On February 2, 2023, the Company declared its annual compensation award to seven directors for their service on the Board of Directors. Seven directors were awarded $10,000 each and three directors received a total of $10,000 for serving as committee chairpersons and as a non-employee officer, with such compensation to be paid all in shares of the Company’s common stock, all in cash or a combination thereof, at each director’s election. Five directors elected to receive all shares, one director elected to receive 60% in shares and 40% in cash, and one director elected all cash. Based on the closing stock price of $0.40 per share on February 2, 2023, a total of 162,500 shares are expected to be distributed by February 28, 2023. The total compensation award cost of $80,000 will be reported as an expense in the three month period ended April 2, 2023. | |||||||
Subsequent Event [Member] | Seven Directors [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Annual compensation award to each director | $ 10,000 | |||||||
Stock price | $ 0.40 | |||||||
Shares issued for annual compensation award | 162,500 | |||||||
Subsequent Event [Member] | Three Directors [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Annual compensation award to each director | $ 10,000 | |||||||
Subsequent Event [Member] | Director [Member] | ||||||||
Subsequent Event [Line Items] | ||||||||
Compensation Expense | $ 80,000 |