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Related Party Transactions
12 Months Ended
Dec. 31, 2023
Related Party Transactions  
Related Party Transactions

4. Related Party Transactions

BOD Cash Compensation

The Company makes BOD cash compensation on a quarterly basis based on the Director Compensation Program. For the years ended December 31, 2023, and 2022, the Company paid approximately $498,000 and $411,000 cash compensation to its directors.