Stock Compensation Plan (Tables)

6 Months Ended

Jun. 30, 2024

Stock Compensation Plan

Schedule of company's stock options

	Number of Options			Weighted- Average Exercise Price per Share		Weighted Average Remaining Contractual Term (in Years)		Aggregate Intrinsic Value
Outstanding as of December 31, 2023		2,766,000		$	1.91		8.4	$	231,000
Granted		-		$	-
Forfeited		(35,000	)	$	2.00
Outstanding as of June 30, 2024		2,731,000		$	1.90		7.9	$	3,157,360
Exercisable as of June 30, 2024		1,996,623		$	1.88		7.9	$	2,356,120
Vested or expected to vest as of June 30, 2024		2,731,000		$	1.90		7.9	$	3,157,360

Schedule of summarizes vesting of restricted common stock

	Number of Shares			Weighted Average Grant Date Fair Value Per Share
Unvested as of December 31, 2023		4,489,186		$	1.42
Granted		250,000		$	3.54
Vested		(1,864,186	)	$	0.54
Forfeited and retired		(325,000	)	$	1.19
Unvested as of June 30, 2024		2,550,000		$	2.45

Schedule of stock-based compensation expense

	Three Months Ended June 30, 2024		Three Months Ended June 30, 2023		Six Months Ended June 30, 2024		Six Months Ended June 30, 2023
Selling, general and administrative	$	2,436,295	$	2,281,277	$	4,066,886	$	4,332,985
Research and development		81,721		93,409		164,784		185,800
Total	$	2,518,016	$	2,374,686	$	4,231,670	$	4,518,785