SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2023

SCHEDULE OF PROPERTY AND EQUIPMENT

Property and equipment are summarized as follows:

	2023			2022
Computers	$	288,007		$	259,206
Furniture and equipment		3,785			3,785
Total Property and Equipment		291,792			262,991
Less: accumulated depreciation		(199,424	)		(179,895	)
Net Property and Equipment	$	92,368		$	83,097

SCHEDULE OF OPTIONS OUTSTANDING

Information with respect to options outstanding is summarized as follows:

	Options Outstanding			Weighted-Average Exercise Price		Aggregate Intrinsic Value
Outstanding as of December 31, 2022		1,031,000		$	1.00	$	1,031,000
Cancelled		(168,740	)
Outstanding as of September 30, 2023		862,260		$	1.00	$	862,260
Options exercisable as of September 30, 2023		739,424		$	1.00	$	739,424

SCHEDULE OF FAIR VALUE OF STOCK OPTIONS

The fair value of the Company’s stock options was estimated assuming no expected dividends and the following weighted average assumptions:

	2022			2011
Expected life in years		5.89			6.08
Risk-free interest rate		0.55	%		0.49	%
Expected dividend yield		0.00	%		0.00	%
Expected volatility		32	%		60	%

Warrant [Member]

SCHEDULE OF STOCK WARRANTS

	Options Outstanding		Weighted-Average Exercise Price		Aggregate Intrinsic Value
Outstanding as of December 31, 2022		2,669,848	$	0.94	$	2,513,156
Issued		1,550,000
Outstanding as of September 30, 2023		4,219,848	$	0.96	$	4,063,156
Warrants exercisable as of September 30, 2023		4,219,848	$	0.96	$	4,063,156