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Options (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2024 and 2023, as follows:

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Directors

 

$

29,284

 

 

$

25,695

 

 

$

86,892

 

 

$

91,990

 

Officers

 

 

1,039,169

 

 

 

80,520

 

 

 

3,083,827

 

 

 

238,932

 

Employees

 

 

118,418

 

 

 

34,334

 

 

 

224,027

 

 

 

68,304

 

Total amortized options expense

 

$

1,186,871

 

 

$

140,759

 

 

$

3,394,746

 

 

$

399,436