SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] - USD ($) |
1 Months Ended | |
---|---|---|
Aug. 15, 2022 |
Aug. 17, 2022 |
|
Subsequent Event [Line Items] | ||
Issauance of common stock | 980,000 | |
Number of warrants purchased | 1,960,000 | |
Share Price | $ 7.50 | |
Proceeds from offering | $ 6,189,734 | $ 7,350,000 |
Underwriters description | Company granted the underwriters a 45-day option to purchase up to an additional 147,000 shares of common stock and/or warrants to purchase up to an additional 294,000 shares of common stock to cover over-allotments, of which Maxim Group LLC has exercised its option to purchase additional warrants to purchase 294,000 shares of common stock. | |
Initial public offering description | Company’s initial public offering, Lucyd Ltd. converted $2,002,280 of the $2,256,214 outstanding on its convertible promissory note from the Company into 260,970 shares of our common stock. After this conversion, approximately $254,000 was outstanding on the convertible promissory note issued to Lucyd. | |
Maxim [Member] | ||
Subsequent Event [Line Items] | ||
Number of warrants purchased | 58,800 | |
Exercise price | $ 8.228 | |
Common Stock [Member] | ||
Subsequent Event [Line Items] | ||
Issauance of common stock | 980,000 |