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SCHEDULE OF CHANGE IN RESTRICTED STOCK UNITS (Details) (Parenthetical) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Common Stock [Member]    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Common stock shares 6,000  
Common stock options issued 429,996 40,000
Restricted Stock Units (RSUs) [Member]    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Number of shares vested 6,000 [1] 32,002 [2]
Grand date fair value $ 105,097 $ 1,002,449
Price per share $ 17.52 $ 7.54
Common stock shares   32,002
Number of shares cancelled 10,000  
Common stock options issued 6,000 [3] 133,021 [4]
Description of restricted stock   (i) 53,257 RSUs which immediately vested upon grant, (ii) 63,764 RSUs with time-based vesting in equal annual installments over three years, and (iii) 16,000 RSUs with time-based vesting in equal annual installments over four years.
Number of shares redeemed   32,002
[1] 6,000 RSUs vested and were settled through the issuance of 6,000 shares of Common Stock.
[2] 32,002 RSUs vested and were settled through the issuance of 32,002 shares of Common Stock.
[3] 6,000 RSUs vested immediately upon grant and were issued with a total grant date fair value of $105,097 as measured at $17.52/share using the Company’s 20-day volume weighted average price trailing to the date the RSU was granted.
[4] 133,021 RSUs were granted to directors, officers, and consultants of the Company, with a total grant date fair value of $1,002,449 as measured at $7.54/share using the Company’s 20-day volume weighted average price trailing to the date the RSU was granted, as follows: (i) 53,257 RSUs which immediately vested upon grant, (ii) 63,764 RSUs with time-based vesting in equal annual installments over three years, and (iii) 16,000 RSUs with time-based vesting in equal annual installments over four years.