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Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2025
Commitments and Contingencies [Abstract]  
Schedule of Board of Directors Approved the Director’s Compensation Program

On October 31, 2024, the Company’s Board of Directors approved the director’s compensation program, as follows:

 

Element  Amount 
Annual equity award  $160,000 
Annual board cash retainer  $60,000 
Annual Audit Committee Member Retainer  $10,000 
Annual Compensation Committee Member retainer  $7,500 
Annual Nominating/Governance Committee Member Retainer  $7,500 
Annual Board Chair Additional retainer  $40,000 
Annual Audit Chair Additional retainer  $20,000 
Annual Compensation Chair Additional retainer  $15,000 
Annual Nominating/Governance Chair Additional retainer  $15,000 
Schedule of Stock Price and Market Capitalization Goals

The CEO Agreement also provides Mr. Gutterman with the opportunity to earn an incentive bonus (the “Incentive Bonus”), with will become payable, if ever, in tranches following the Company’s attainment of certain stock price and market capitalization goals. The specific goals are as follows:

 

   Company Stock Price Goal  Company Market
Capitalization Goal		  Amount
oflncentive
Bonus Payable for Achievement of
Tranche Goals
Tranche 1  $2.50 based on 30-day VWAP  $150 Million  100% of Base Salary
Tranche 2  $2.50 based on 30-day VWAP  $250 Million  200% of Base Salary
Tranche 3  $5.00 based on 30-day VWAP  $500 Million  300% of Base Salary
Tranche 4  $10.00 based on 30-day VWAP  $1 Billion  500% of Base Salary