SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

SCHEDULE OF STOCK OPTION ACTIVITY

A summary of the stock option activity for the three-month periods ended March 31, 2023 and 2022 is as follows:

	Number of  Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at January 1, 2022		896,250			4.71	6.9 years		-
Outstanding at March 31, 2022		896,250			4.71	6.6 years		-
Exercisable at March 31, 2022		601,250			4.44	5.7 years		-
Outstanding at January 1, 2023		871,250		$	4.67	5.6 years	$	-
Forfeited		(25,000	)	$	6.00			-
Outstanding at March 31, 2023		846,250		$	4.63	5.5 years	$	-
Exercisable at March 31, 2023		736,875		$	4.43	5.2 years	$	-

SCHEDULE OF ACTIVITY OF UNVESTED RESTRICTED STOCK AWARDS

	Weighted- Number of Restricted Stock Awards			Weighted- Average Grant Date Fair Value
Nonvested at January 1, 2023		23,000			2.37
Granted		96,647		$	2.37
Vested		(16,250	)		2.37
Nonvested at March 31, 2023		103,397			2.37

	Weighted- Number of Restricted Stock Awards			Weighted- Average Grant Date Fair Value
Nonvested at January 1, 2022		15,000		$	6.80
Granted		32,000		$	6.80
Vested		(3,000	)	$	6.80
Nonvested at March 31, 2022		44,000		$	6.80