TEMPORARY EQUITY AND STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 6 Months Ended | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May 06, 2021 |
Feb. 19, 2021 |
Feb. 16, 2021 |
Jan. 08, 2021 |
Jun. 30, 2021 |
Jun. 30, 2021 |
Mar. 31, 2021 |
Jun. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
Dec. 31, 2020 |
|||||||
Class of Stock [Line Items] | |||||||||||||||||
Reverse stock split | the Secretary of State of the State of Delaware to effect a reverse stock split of the Common Stock at a ratio of 15-for-1 (the “Reverse Split”). | ||||||||||||||||
Common stock, shares authorized | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | ||||||||||||
Exercise price | $ 6.00 | ||||||||||||||||
Proceeds from issuance of common stock and warrants | $ 926,061 | ||||||||||||||||
Gross proceeds from underwritten public offerings | $ 8,000,000.0 | ||||||||||||||||
Proceeds from underwritten public offerings | 6,500,000 | 7,287,004 | [1] | [1] | |||||||||||||
Offering costs | $ 1,500,000 | ||||||||||||||||
Stock issued during the period | [2] | $ 1,586,960 | |||||||||||||||
Sale of Common stock | $ 80,888 | $ 80,888 | $ 80,888 | $ 52,344 | |||||||||||||
Common stock share issued | 8,088,864 | 8,088,864 | 8,088,864 | 5,234,406 | |||||||||||||
Gross proceeds from public offering | $ 8,002,004 | $ 2,303,211 | |||||||||||||||
Non-cash offering cost | 500,000 | ||||||||||||||||
Stock based compensation expense | $ 146,063 | $ 102,675 | 314,712 | $ 206,256 | |||||||||||||
Stock Incentive Plan [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Unrecognized expense | $ 617,191 | 617,191 | $ 617,191 | ||||||||||||||
Weighted average term | 2 years 2 months 26 days | ||||||||||||||||
Underwritten Public Offering [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Offering price | $ 6.00 | ||||||||||||||||
IPO [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Exercise price | $ 7.50 | ||||||||||||||||
IPO [Member] | Maximum [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Warrants to purchase | 15,333 | ||||||||||||||||
Tumim Stone Capital [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Sale of common stock | 489,400 | ||||||||||||||||
Gross proceeds from public offering | $ 2,303,211 | ||||||||||||||||
Shares subscriptions received | 1,377,150 | 1,377,150 | $ 1,377,150 | ||||||||||||||
Cash offering cost | $ 216,251 | $ 216,251 | $ 216,251 | ||||||||||||||
Tumim Stone Capital [Member] | Purchase Agreement [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Commitment shares issued during the period | 120,337 | ||||||||||||||||
Capital issuance | $ 500,000 | ||||||||||||||||
Common stock share issued | 1,494,404 | ||||||||||||||||
Commitment share | $ 120,337 | ||||||||||||||||
Agreement description | Purchase Agreement more shares than are being registered for resale under this prospectus in order to receive aggregate gross proceeds equal to the Total Commitment of $50,000,000 under the Purchase Agreement, the Company must first (i) obtain stockholder approval to issue shares of common stock in excess of the Exchange Cap under the Purchase Agreement in accordance with applicable Nasdaq rules, unless the average per share purchase price paid by Tumim Stone Capital for all shares of common stock sold under the Purchase Agreement equals or exceeds $4.002, in which case the Exchange Cap limitation will not apply under applicable Nasdaq rules, and (ii) file with the SEC one or more additional registration statements to register under the Securities Act the resale by Tumim Stone Capital of any such additional shares of the Company’s common stock the Company wishes to sell from time to time under the Purchase Agreement, which the SEC must declare effective, in each case before the Company may elect to sell any additional shares of the Company’s common stock to Tumim Stone Capital under the Purchase Agreement. The Purchase Agreement limits the sale of shares of the Company’s common stock to Tumim Stone Capital, and Tumim Stone Capital’s purchase or acquisition of common stock from the Company, to an amount of common stock that, when aggregated with all other shares of the Company’s common stock then beneficially owned by Tumim Stone Capital would result in Tumim Stone Capital having beneficial ownership, at any single point in time, of more than 4.99% of the then total outstanding shares of the Company’s common stock. | ||||||||||||||||
Percentage of owning shares | 4.99% | ||||||||||||||||
Discount rate | 5.00% | ||||||||||||||||
Cash placement fee | 8.00% | ||||||||||||||||
Tumim Stone Capital [Member] | Maximum [Member] | Purchase Agreement [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Capital | $ 50,000,000 | ||||||||||||||||
Sale of Common stock | $ 50,000,000 | ||||||||||||||||
VWAP Tumim Stone Capital [Member] | Purchase Agreement [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Discount rate | 700.00% | ||||||||||||||||
Debt Obligations [Member] | Accredited Investor [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Stock issued during the period, shares | 73,167 | ||||||||||||||||
Warrants to purchase | 73,167 | ||||||||||||||||
Exercise price | $ 6.00 | ||||||||||||||||
Proceeds from issuance of common stock and warrants | $ 439,000 | ||||||||||||||||
Common Stock [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Conversion of Stock, Shares Converted | 600,713 | ||||||||||||||||
Stock issued during the period, shares | [2] | 489,400 | |||||||||||||||
Sale of common stock | 1,333,334 | ||||||||||||||||
Stock issued during the period | [2] | $ 4,894 | |||||||||||||||
Common Stock [Member] | Kingswood Capital Markets [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Stock issued during the period, shares | 54,154 | ||||||||||||||||
Stock issued during the period | $ 268,064 | ||||||||||||||||
Warrant [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Sale of common stock | 1,533,333 | ||||||||||||||||
Series B Preferred Stock [Member] | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Cumulative cash dividends annual rate | 8.00% | ||||||||||||||||
Offering price | $ 10 | $ 10 | $ 10 | ||||||||||||||
Dividends earned | $ 182,360 | $ 361,987 | |||||||||||||||
|