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Related Party Transactions
3 Months Ended
Mar. 31, 2024
Related Party Transactions  
Related Party Transactions

5. Related Party Transactions

Board of Directors (“BOD”) Cash Compensation

The Company makes BOD cash compensation on a quarterly basis based on the Director Compensation Program. For the three months ended March 31, 2024, and 2023, the Company paid approximately $112,256 and $68,000 cash compensation to its directors, respectively.