| Components of General and Administrative Expenses |
The following table presents the Company's general and administrative expenses for fiscal year ended December 31, 2025 and 2024.
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Fiscal Year Ended December 31, |
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Fiscal Year Ended December 31, |
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2025 |
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2024 |
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General and administrative expenses: |
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Marketing and investor relations |
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$ |
856,372 |
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$ |
391,825 |
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Office and administrative costs |
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411,513 |
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665,598 |
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Insurance |
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1,068,713 |
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1,294,758 |
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Professional fees |
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1,961,036 |
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1,773,338 |
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Regulatory fees |
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519,656 |
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518,960 |
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Salaries and benefits |
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4,057,084 |
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2,250,805 |
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Stock-based compensation |
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3,356,510 |
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2,638,635 |
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Travel |
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191,001 |
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410,776 |
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Director fees |
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660,989 |
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666,576 |
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Total |
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$ |
13,082,874 |
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$ |
10,611,271 |
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