XML 37 R27.htm IDEA: XBRL DOCUMENT v3.23.1
Stockholders’ Equity (Details) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Mar. 31, 2021
Stockholders’ Equity (Details) [Line Items]        
Common stock shares 75,000      
Common stock option exercise 75,000      
Stock option exercise price per share $ 0.13      
Series A convertible preferred stock, issued 13,602   13,602  
Accrued dividends $ 48,079      
Balance sheet total amount $ 340,239      
Series A convertible preferred stock, liquidation preference $ 25      
Series A convertible preferred stock, dividend rate 6.50%      
Weighted average of the last sales prices 95.00%      
Dividend rate increase 10.00%      
Preferred stock conversion price per share $ 12      
Stockholders equity, description If the closing sale price of the common stock is greater than 140% of the conversion price on 20 out of 30 trading days, the company may redeem the Series A Preferred Stock in whole or in part at any time through October 31, 2010, upon at least 30 days’ notice, at a redemption price, payable in cash, equal to 100% of the liquidation preference of the shares to be redeemed, plus unpaid dividends thereon to, but excluding, the redemption date, subject to certain conditions. In addition, beginning November 1, 2010, the company may redeem the Series A Preferred Stock in whole or in part, upon at least 30 days’ notice, at a redemption price, payable in cash, equal to 100% of the liquidation preference of the Series A Preferred Stock to be redeemed, plus unpaid dividends thereon to, but excluding, the redemption date, under certain conditions.      
Common stock discount shares, description The purchase price is payable, at the corporation’s option, (x) in cash, (y) in shares of the common stock at a discount of 5% from the fair market value of Common Stock on the Purchase Date (i.e. valued at a 95% discount of the Common Stock on the Purchase Date), or (z) any combination thereof.      
Reserved a total possible issuance under the plan 50,000,000      
Stock options purchase 100,000      
Exercise price $ 2.2      
Aggregate share 175,000      
Stock-based compensation $ 779,272      
Option expense 331,075      
Expense from the vesting of the restricted stock 427,112      
Expense related to shares of common stock 21,085      
Unrecognized compensation cost 4,047,073      
Shares issued       75,000
Unrecognized compensation $ 6,402,587   $ 5,071,427  
Common stock, par value $ 0      
Preferred stock, shares 223,000      
Preferred stock, par value $ 5,000,000      
Price per share $ 0.4014      
Amortized cost $ 0 $ 167,250    
Restricted Stock Agreement [Member]        
Stockholders’ Equity (Details) [Line Items]        
Common stock shares   130,417    
Restricted shares value $ 0      
Options [Member]        
Stockholders’ Equity (Details) [Line Items]        
Common stock shares 100,000      
Common stock option exercise 100,000      
Stock option exercise price per share $ 0.07      
Cash proceeds $ 7,000      
Stock options purchase 312,500      
Exercise price $ 2.05      
Warrant Two [Member]        
Stockholders’ Equity (Details) [Line Items]        
Cash proceeds $ 9,750      
Preferred Stock [Member]        
Stockholders’ Equity (Details) [Line Items]        
Liquidation preference, percentage 101.00%      
Deferred Compensation, Share-Based Payments [Member]        
Stockholders’ Equity (Details) [Line Items]        
Stock options purchase 100,000      
Exercise price $ 2.25      
Minimum [Member]        
Stockholders’ Equity (Details) [Line Items]        
Liquidation preference, percentage 1.00%      
Maximum [Member]        
Stockholders’ Equity (Details) [Line Items]        
Liquidation preference, percentage 6.50%      
Private Placement Two [Member]        
Stockholders’ Equity (Details) [Line Items]        
Accredited investors price per share $ 9,584      
Series A Preferred Stock [Member]        
Stockholders’ Equity (Details) [Line Items]        
Series A convertible preferred stock, issued 13,602   13,602  
Liquidation preference, percentage 7.50%      
Executive Employment Agreement [Member]        
Stockholders’ Equity (Details) [Line Items]        
Recognized stock based compensation expense $ 779,272 $ 554,877    
Restricted Stock [Member]        
Stockholders’ Equity (Details) [Line Items]        
Restricted stock shares 940,909      
Restricted shares 35,000