v3.25.1
Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Compensation [Abstract]  
Schedule of Assumptions Used in Valuing the Share Options on Grant Dates The following are the assumptions used in valuing the share options on the grant date during the year ended December 31, 2024 (in percentages, except as noted):
    As of the
grant date		  
Volatility     15.69  
Risk-free rate     4.12  
Pre-vesting forfeiture rate     0.00 – 15.92  
Dividend yield     0.00  
Schedule of Nonvested Share Options

A summary of changes in the Company’s nonvested share options for the year are summarized as follows:

 

   Number of shares   Weighted average grant date per share
fair value		 
Balance at January 1, 2024   
-
   $
-
 
Granted   

2,420,000

    2.96 
Vested and exercised   (1,694,000)   2.94 
Forfeited   (201,000)   3.03 
Non-vested at December 31, 2024   525,000   $3.03