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Stock Option Plan (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions The fair values of the stock-based awards granted were calculated with the following assumptions:
Risk-free interest rate3.81 %
Expected term (years)
5-10
Expected volatility80.00 %
Dividend yield0.00 %
Schedule of Stock Options Roll Forward
Stock option activity for the periods ended June 30, 2024 and 2023 is summarized as follows:

SharesWeighted Average Exercise PriceWeighted Remaining Contractual Life(Years)
Options outstanding at December 31, 20223,468,7600.0001 6.65
Granted227,6660.0001 6.65
Exercised— — 
Expired or forfeited— — 

Options outstanding at June 30, 20233,696,4260.0001 6.15


Options outstanding at December 31, 20233,666,426 0.0001 8.10
Granted
333,574 0.0001 8.10
Exercised
(4,000,000)0.0001 — 
Expired or forfeited
— — — 

Options outstanding at June 30, 2024— — —