Equity Compensation Plan (Tables)

12 Months Ended

Dec. 31, 2023

Equity Compensation Plan Arrangement [Abstract]

Summary of Company's Non-Vested Restricted Shares

A summary of the status of the Company’s non-vested restricted shares as of December 31, 2022 and 2023, is presented below:

	Number of restricted shares			Weighted average grant date fair value per non-vested share
Non-vested, January 1, 2022		—
Granted		190,476			5.25
Non-vested, December 31, 2022		190,476			5.25
Granted		1,585,311			2.42
Vested		(235,434	)		(3.64	)
Non-vested, December 31, 2023		1,540,353			2.58

Summary of the Company's Non-Vested Stock Option Activity and Related Information

A summary of the Company’s non-vested stock option activity and related information for the year ended December 31, 2023, is as follows:

	December 31, 2023
	Option shares #		Weighted- Average Exercise Price $
Outstanding – beginning of year		—		—
Granted		631,250		1.60
Exercised		—		—
Outstanding – end of year		631,250		1.60
Exercisable – end of year		—