SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF STOCK-BASED COMPENSATION OPTIONS ACTIVITY

The following is a summary of stock-based compensation award activity for the six months ended June 30, 2023:

      

   Number of Options 
Awards outstanding under the MSGM 2021 Stock Plan as of January 1, 2023 (net of forfeitures)   74,285 
Stock options awarded to Board of Directors under the MSGM 2021 Stock Plan   26,316 
Forfeited, cancelled or expired   (30,609)
Awards outstanding under the MSGM 2021 Stock Plan as of June 30, 2023 (net of forfeitures)   69,992 
SCHEDULE OF STOCK BASED COMPENSATION EXPENSE

The following table summarizes stock-based compensation expense resulting from equity awards included in the Company’s condensed consolidated statements of operations:

      

   For the Three Months Ended
June 30,
   For the Six Months Ended
June 30,
 
   2023   2022   2023   2022 
General and Administrative  $525,952   $188,201   $545,378   $458,323 
Sales and Marketing   (16,982)   32,365    222,735    78,839 
Development   12,333    18,007    2,423    54,441 
Stock-based compensation expense  $521,303   $238,573   $770,536   $591,603