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Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Changes in Common Stock Options

The following summarizes the changes in common stock options for the six months ended June 30, 2024:

 




 

 

Options

 

 

Weighted
Average
Exercise
Price

 

 

Weighted
Average
Remaining Contractual Term (Years)

 

 

Aggregate Intrinsic Value (In thousands)

 

Outstanding as of December 31, 2023

 

 

2,265,350

 

 

$

1.71

 

 

 

6.8

 

 

$

2,025

 

Granted

 

 

20,000

 

 

$

2.93

 

 

 

 

 

 

 

Exercised

 

 

(13,750

)

 

$

1.02

 

 

 

 

 

 

 

Forfeited

 

 

(12,750

)

 

$

1.87

 

 

 

 

 

 

 

Outstanding as of June 30, 2024

 

 

2,258,850

 

 

$

1.72

 

 

 

6.3

 

 

$

1,998

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercisable as of June 30, 2024

 

 

1,483,975

 

 

$

1.36

 

 

 

5.3

 

 

$

1,752