Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Details - Restricted stock unit activity)

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STOCK-BASED COMPENSATION (Details - Restricted stock unit activity) - Restricted Stock Units (RSUs) [Member]
12 Months Ended
Dec. 31, 2022
shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Outstanding, Beginning Balance 350,000
Granted 35,000
Vested (260,000) [1]
Cancelled (50,000)
Outstanding, Ending Balance 75,000
[1] A total of 125,000 RSUs were scheduled to vest in 2021. In January 2022, the Company modified the vesting terms of 100,000 of these to extend the vesting through May 15, 2022. The Company granted an additional 25,000 RSUs to the holders of these RSUs that vesting was extended and these additional RSUs also vested as of May 15, 2022. The Company recorded additional expense of $1,126,250 during 2022 related to these modifications. The remaining 25,000 shares that were vested as of December 31, 2021 were issued in January 2022.