Subsequent Events	6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	8. Subsequent Events On August 1, 2024, the Company entered into warrant inducement letter agreements with holders of the March 2024 Warrants. The Company offered, to each warrant holder who exercised the March 2024 Warrants, the issuance of two Incentive Warrants. The Incentive Warrants entitle the holders to purchase an aggregate of 781,251 shares of common stock of the Company for a period of 18 months from the date of issuance, and warrants exercisable into an aggregate of 781,251 shares of common stock of the Company for a period of five years from the date of issuance, exercisable immediately, at a price of $2.00 per share. On August 2, 2024, the Company completed the warrant inducement transaction and received net proceeds to the Company of approximately $1.7 million. In addition, the Company issued warrants to purchase up to an aggregate of 46,875 shares of common stock to the placement agent as compensation. The warrants issued to the placement agent have substantially the same terms and conditions as the five-year Incentive Warrants, except the placement agent warrants have an exercise price of $3.35 per share. Due to certain beneficial ownership limitations set forth in the March 2024 Warrants, the Company issued the number of shares that would not cause a holder to exceed such beneficial ownership limitation and agreed to hold such balance of shares of common stock in abeyance. Of March 2024 Warrants exercised, an aggregate of 560,251 shares of common stock were held in abeyance. The abeyance shares will be held until notice is received by the holder that the shares of common stock may be issued in compliance with such beneficial ownership limitations. Until such time, the abeyance shares are evidenced through the holder's existing warrants and will continue to be included in the Company's table of outstanding warrants. The abeyance shares are not considered issued or outstanding in our consolidated balance sheets. As of August 6, 2024, 264,938 Abeyance Shares were released and issued.

Subsequent Events

6 Months Ended

Jun. 30, 2024

8. Subsequent Events

On August 1, 2024, the Company entered into warrant inducement letter agreements with holders of the March 2024 Warrants. The Company offered, to each warrant holder who exercised the March 2024 Warrants, the issuance of two Incentive Warrants. The Incentive Warrants entitle the holders to purchase an aggregate of 781,251 shares of common stock of the Company for a period of 18 months from the date of issuance, and warrants exercisable into an aggregate of 781,251 shares of common stock of the Company for a period of five years from the date of issuance, exercisable immediately, at a price of $2.00 per share. On August 2, 2024, the Company completed the warrant inducement transaction and received net proceeds to the Company of approximately $1.7 million.

In addition, the Company issued warrants to purchase up to an aggregate of 46,875 shares of common stock to the placement agent as compensation. The warrants issued to the placement agent have substantially the same terms and conditions as the five-year Incentive Warrants, except the placement agent warrants have an exercise price of $3.35 per share.

Due to certain beneficial ownership limitations set forth in the March 2024 Warrants, the Company issued the number of shares that would not cause a holder to exceed such beneficial ownership limitation and agreed to hold such balance of shares of common stock in abeyance. Of March 2024 Warrants exercised, an aggregate of 560,251 shares of common stock were held in abeyance. The abeyance shares will be held until notice is received by the holder that the shares of common stock may be issued in compliance with such beneficial ownership limitations. Until such time, the abeyance shares are evidenced through the holder's existing warrants and will continue to be included in the Company's table of outstanding warrants. The abeyance shares are not considered issued or outstanding in our consolidated balance sheets.

As of August 6, 2024, 264,938 Abeyance Shares were released and issued.