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Related Party Transactions
9 Months Ended
Sep. 30, 2025
Related Party Transactions  
Related Party Transactions

5. Related Party Transactions

Board of Directors (“BOD”) Cash Compensation

The Company makes BOD cash compensation quarterly based on the Director Compensation Program. For the three months ended September 30, 2025 and 2024, the Company paid its directors approximately $109,000 and $103,000 in cash compensation, respectively. For the nine months ended September 30, 2025 and 2024, the Company paid its directors approximately $322,000 and $321,000 in cash compensation, respectively.