Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity for the six months ended June 30, 2023 and 2022:

Schedule of Stock Option Activity

											Weighted
											Average
							Weighted				Remaining
							Average				Contractual				Aggregate
			Number of				Exercise				Life				Intrinsic
			Options				Price				(in Years)				Value
Outstanding - January 1, 2023				33,063			$	9.04				6.8			$	-
Granted				-				-				-
Exercised				-				-				-
Forfeited				-				-				-
Outstanding - June 30, 2023				33,063			$	9.04				6.2			$	-

Exercisable at June 30, 2023				28,063			$	9.91				6.0			$	-

											Weighted
											Average
							Weighted				Remaining
							Average				Contractual				Aggregate
			Number of				Exercise				Life				Intrinsic
			Options				Price				(in Years)				Value
Outstanding - January 1, 2022				33,063			$	9.04				7.8			$	-
Granted				-				-				-				-
Exercised				-				-				-				-
Forfeited				-				-				-				-
Outstanding - June 30, 2022				33,063			$	9.04				7.2			$	-

Exercisable at June 30, 2022				23,063			$	11.14				6.5			$	-

Schedule of Restricted Stock Unit Activity

As of June 30, 2023 and 2022, the following is a summary of restricted stock unit activity:

			Number of
			Shares
Outstanding - January 1, 2023				69,114
Granted				30,490
Forfeited				-
Vested				(69,114	)
Outstanding – June 30, 2023				30,490

			Number of
			Shares
Outstanding - January 1, 2022				79,763
Granted				170,937
Forfeited				(13,823	)
Vested				(167,763	)
Outstanding – June 30, 2022				69,114