v3.25.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
SUMMARY OF STOCK OPTION ACTIVITY

Option activity during 2024 and 2023 was as follows:

  

   Options   Weighted Average Exercise Price   Weighted Average Remaining Contractual Term (in Years)   Aggregate Intrinsic Value 
                 
Outstanding at December 31, 2022   944,177   $2.08           
Granted   60,000   $2.09           
Exercised   -   $3.84           
Forfeited   (3,370)  $20.43           
                     
Outstanding at December 31, 2023   1,000,807    2.46           
Granted   82,320    1.08           
Exercised   -                
Expired   (166,140)   3.87           
                     
Outstanding at December 31, 2024   916,987   $2.06    6.10   $16,956 
Exercisable at December 31, 2024   851,131   $2.13    5.86   $16,956 
SCHEDULE OF STOCK-BASED COMPENSATION

The following table reflects stock-based compensation recorded by the Company for 2024 and 2023:

  

   2024   2023 
         
Stock-based compensation expense from stock options and common stock included in general and administrative expense  $101,508   $238,314 
Earnings per share effect of stock-based compensation expense  $(0.01)  $(0.02)