v3.25.2
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense

We recorded stock-based compensation expense for the three and six months ended June 30, 2025 and 2024 as follows:

 

   2025   2024   2025   2024 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2025   2024   2025   2024 
Research and development  $8,613   $45,583   $55,333   $76,704 
General and administrative   194,635    107,049    375,626    243,571 
Total  $203,248   $152,632   $430,959   $320,275 
Schedule of Restricted Stock Units (“RSUs”) Activity

Activity with respect to our Restricted Stock Units (“RSUs”) during the six months ended June 30, 2025 was as follows:

 

   Number of
shares
   Weighted-
average
grant-date fair
value per share
 
Outstanding at January 1, 2025   383,636   $19.87 
Granted   -    - 
Forfeited   (27,547)   53.08 
Issued   (74,804)   58.78 
Outstanding at June 30, 2025   281,285    6.27 
Vested and unissued   (229,905)   5.47 
           
Unvested at June 30, 2025   51,380   $9.84