Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.23.1
Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of fair value of stock option activity
               
    March 31, 2023     December 31, 2022  
Risk-free interest rate     4.22%       4.22%  
Expected life of the options     3 years       3 years  
Expected volatility     42.63%       42.63%  
Expected dividend yield     0%       0%  
Schedule of options activity
                         
Options   Shares     Weighted average exercise price     Weighted Average Remaining Contractual Life     Aggregate Intrinsic Value  
Outstanding at December 31, 2022     615,061     $ 5.93       8.04       –  
Granted     –     $ –       –       –  
Exercised     (78,812 )   $ 5.38       –       –  
Forfeited or expired     –     $ –       –       –  
Outstanding at March 31, 2023     536,250     $ 3.96       7.80       45,000  
Vested as of March 31, 2023     423,457     $ 4.03       7.62       45,000  
Exercisable at March 31, 2023     423,457     $ 4.03       7.62       45,000