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Capital Stock | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Capital Stock | 11. CAPITAL STOCK As of December 31, 2023, the Company was authorized to issue 450,000,000 shares of $0.01 par value common stock of which 11,153,513 shares were issued and outstanding. The Company was also authorized to issue 50,000,000 shares of preferred stock, $0.01 par value, of which none has been issued. On January 14, 2022, the Company entered into an At Market Offering Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (the “Agent”) pursuant to which the Company may sell, from time to time, shares of common stock having an aggregate offering price of up to $15,000,000, through the Agent. There were no shares of common stock sold during the year ended December 31, 2023 under the sales agreement. For the year ended December 31, 2022, under the Sales Agreement, the Company sold and issued an aggregate of 373,833 shares of common stock and raised aggregate gross proceeds of approximately $2,272,628, less sales commissions of approximately $45,491 and other offering costs resulting in net proceeds of $2,008,436.

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