Quarterly report pursuant to Section 13 or 15(d)

StockBased Compensation (Details Narrative)

v3.21.2
StockBased Compensation (Details Narrative) - USD ($)
1 Months Ended 6 Months Ended
Apr. 13, 2021
Mar. 25, 2021
Jun. 30, 2021
Jun. 30, 2020
Feb. 01, 2021
Jan. 01, 2021
Stock compensation expenses     $ 337,823 $ 41,587    
Compensation cost related to non-vested warrants     $ 402,971      
Vesting term     7 months 2 days      
Common stock shares issuable upon exercise of warrants           5,000
Restricted stock units description   Company granted aggregate RSUs of 30,000 shares of common stock to two non-executive directors in exchange for services provided to the Company. These RSUs vest over two years, with 50% vesting on each of March 25, 2022 and March 25, 2023        
Restricted stock units, shares   15,000        
Aggregate weighted average remaining contractual life     4 years 5 months 15 days      
Price per share         $ 4.90 $ 3.95
Intrinsic value     $ 102,500      
May 1, 2021 [Member]            
Stock compensation expenses     $ 496,500      
Restricted stock units description   These RSUs vest over three years with 50,000 units vesting on each of May 1, 2022, May 1, 2023 and May 1, 2024        
RSUs vested shares     150,000      
January 1, 2021 [Member]            
Term     3 years 6 months      
Stock price     $ 3.95      
Volatility     74.53%      
Exercise price     $ 3.80      
Risk free rate     0.50%      
Expire description     These warrants vest on January 1, 2022 (subject to continued employment through such date) and expire on January 1, 2027, with an exercise price of $3.95 per share      
Common stock, share issued upon cashless exercise     3,000      
Warrants to purchase, shares     125,000      
Warrants to purchase, amount     $ 242,877      
Total Compensation expense   $ 107,700 $ 19,450      
February 1, 2021 [Member]            
Term     3 years 6 months      
Stock price     $ 4.90      
Volatility     75.03%      
Exercise price     $ 4.80      
Risk free rate     0.59%      
Expire description     These warrants vest on February 1, 2022 (subject to continued employment through such date) and expire on February 1, 2027, with an exercise price of $4.90 per share      
Warrants to purchase, shares     185,000      
Warrants to purchase, amount     $ 459,352      
Option [Member] | 2015 Equity Incentive Plan [Member]            
Compensation cost related to non-vested warrants     $ 72,095      
Aggregate weighted average remaining contractual life     2 years 6 months 14 days      
Intrinsic value     $ 25,400      
Term     10 months 20 days      
Stock-based compensation expense     $ 418,292 482,103    
Common stock shares reserved for future issuance     1,968,852      
Common stock, shares authorized     6,000,000      
Option [Member] | On 13, April 2021 [Member]            
RSUs vested shares     26,250      
Common stock, share issued upon cashless exercise     21,712      
Withheld shares returned remaining 4,538          
Option [Member] | On January 20, 2021 [Member]            
Common stock shares issuable upon exercise of warrants     5,000      
RSUs vested shares     5,000      
Common stock, share issued upon cashless exercise     3,000      
Option [Member] | On 20, May 2021 [Member]            
Fair market value of options     $ 73,641      
Term     3 years 6 months      
Stock price     $ 3.50      
Volatility     76.16%      
Exercise price     $ 3.60      
Risk free rate     0.58%      
Expire description     These options vest on May 20, 2022 and expire five years after the vesting date, with an exercise price of $3.60 per share      
Stock options purchase shares of common stock     40,000      
Restricted Stock Units [Member]            
Stock compensation expenses     $ 136,971 $ 29,619    
Compensation cost related to non-vested warrants     $ 568,243      
Aggregate weighted average remaining contractual life     7 months 13 days      
Intrinsic value     $ 0