STOCKBASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2023

STOCKBASED COMPENSATION

Schedule of stock options activity

	Shares			Weighted Average Exercise Price
Options outstanding at beginning of year		—		$	—
Granted		870,000			2.11
Exercised		(200,000	)		2.12
Forfeited		—			—
Balance at September 30, 2023		670,000		$	2.11
Options exercisable at September 30:		670,000		$	2.11
Grant Date Fair Value for options granted during the period:	$	1,242,902

Schedule of stock options outstanding and exercisable

Options Outstanding								Options Exercisable
Options Outstanding		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price		Aggregate Intrinsic Value		Options Exercisable		Weighted Average Exercise Price		Aggregate Intrinsic Value
	670,000		9.17	$	2.11	$	632,900		670,000	$	2.11	$	632,900

Schedule of fair value of equity-based awards

	2023
Risk-free interest rate		4.59	%
Expected volatility		90.00	%
Expected life (years)		5.0
Expected dividend yield		—	%