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Note 11 - Equity (Tables)
9 Months Ended
Sep. 30, 2024
Stockholders' Equity Note [Abstract]  
Summary of Stock-Based Award Activity

The following table summarizes the stock-based award activity under the Plan for the nine months ended September 30, 2024 and 2023.

 

 

Restricted Stock Awards

 

 

Weighted-Average Grant Date
Fair Value Per Restricted Stock Award

 

Outstanding as of December 31, 2023

 

 

775,369

 

 

$

0.99

 

Granted

 

 

1,519,154

 

 

 

0.40

 

Vested

 

 

(190,665

)

 

 

1.20

 

Outstanding as of September 30, 2024

 

 

2,103,858

 

 

$

0.54

 

 

 

 

Restricted Stock Awards

 

 

Weighted-Average Grant Date
Fair Value Per Restricted Stock Award

 

Outstanding as of December 31, 2022

 

 

159,439

 

 

$

2.24

 

Granted

 

 

419,618

 

 

 

0.78

 

Vested

 

 

(59,607

)

 

 

2.25

 

Forfeitures

 

 

(19,791

)

 

 

1.69

 

Outstanding as of September 30, 2023

 

 

499,659

 

 

$

1.04

 

Summary of Option Awards

In connection with the completion of the Initial Mergers, the Company assumed option awards previously issued to directors and officers of MedAmerica. Details of these options for the nine months ended September 30, 2023 are presented in the tables below:

 

 

 

Number
of Shares
Underlying
Options

 

 

Weighted
Average Exercise
Price Per Share

 

 

Weighted
Average Fair
Value at
Grant Date

 

 

Weighted
Average Remaining
Contractual Life

 

 

Intrinsic
Value

 

Balance at December 31, 2022

 

 

10,000

 

 

$

6.00

 

 

$

 

 

 

0.45

 

 

$

 

Options granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

(10,000

)

 

 

(6.00

)

 

 

 

 

 

 

 

 

 

Balance at September 30, 2023

 

 

 

 

$

 

 

$

 

 

 

 

 

$