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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Compensation [Abstract]  
Schedule of RSUs Award Activity A summary of the Plan’s RSUs award activity is as follows:
   Restricted
Stock Units
 
Nonvested at January 1, 2024   939,330 
Granted   50,874 
Forfeited   23,574 
Vested   
 
 
Nonvested at June 30, 2024   966,630 
Vested at June 30, 2024   - 
Schedule of Plan’s RSUs Vesting The fair value of these RSUs is estimated based on the fair value of the Company’s common stock on the date of grant using the closing price on the day of grant. A summary of the Plan’s RSUs vesting schedule is as follows:

 

Vesting Date for RSUs granted on December 21, 2023

  RSU Vested
(% of total)
 
December 21, 2024   15.0%
December 21, 2025   17.5%
December 21, 2026   20.0%
December 21, 2027   22.5%
December 21, 2028   25.0%
Vesting Date for RSUs granted on May 21, 2024  RSU Vested
(% of total)
 
May 21, 2025   15.0%
May 21, 2026   17.5%
May 21, 2027   20.0%
May 21, 2028   22.5%
May 21, 2029   25.0%
Vesting Date for RSUs granted on June 25, 2024  RSU Vested
(% of total)
 
June 25, 2025   15.0%
June 25, 2026   17.5%
June 25, 2027   20.0%
June 25, 2028   22.5%
June 25, 2029   25.0%