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Subsequent Events
9 Months Ended
Sep. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events

Note 11 – Subsequent Events

 

The Company evaluates events that have occurred after the balance sheet date but before the financial statements are issued. Based upon the evaluation, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the financial statements other than disclosed.

 

During the period from October 1, 2024 to November 12, 2024, the Company sold a total of 470,061 shares of Common Stock under the ATM Agreement for aggregate total gross proceeds of approximately $1,238,000 at an average selling price of $2.63 per share, resulting in net proceeds of approximately $1,198,000 after deducting commissions and other transaction costs.

 

After the expiration of the Company’s prior Form S-3, the Company filed a new Form S-3, which became effective October 4, 2024.