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Equity Incentive Plan
 12 Months Ended
Dec. 31, 2023
Retirement Benefits [Abstract]  
Equity Incentive Plan

Note 9. Equity Incentive Plan

 

The Company has adopted the 2021 Equity Incentive Plan (the “Plan”). The Plan permits the grant of both options qualifying under Section 422 of the Internal Revenue Code (“incentive stock options”) and options not so qualifying, and the grant of stock appreciation rights, stock awards, incentive awards, performance units, and other equity-based awards. A total of 250,000 shares have been authorized to be granted under the Plan.

 

As of December 31, 2023, and 2022, 225,100 shares were available for grant. No shares were issued during the years ended December 31, 2023 and 2022.