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Options (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of compensation expense related to common stock options

The Company recognized compensation expense related to common stock options that are being amortized over the implied service term, or vesting period, of the options during the three and six months ended June 30, 2024 and 2023, as follows:

 

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Directors

 

$

28,962

 

 

$

28,658

 

 

$

57,608

 

 

$

57,633

 

 Officers

 

 

1,030,032

 

 

 

79,644

 

 

 

2,044,628

 

 

 

158,412

 

Employees

 

 

63,286

 

 

 

23,222

 

 

 

105,639

 

 

 

42,632

 

Total amortized options expense

 

$

1,122,280

 

 

$

131,841

 

 

$

2,207,875

 

 

$

258,677