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Stockholders’ Equity (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Stock Option Activity

 

   Options Outstanding 
   Number of
Shares
   Weighted-
Average Exercise Price Per Share
 
Outstanding December 31, 2023   1,091,196   $6.11 
Granted   241,000    4.63 
Cancelled or expired   (57,650)   5.97 
Outstanding September 30, 2024   1,274,546   $5.83 
Schedule of Stock-based Compensation

Stock-based compensation was as follows for the three and nine months ended September 30, 2024 and 2023:

 

   2024   2023   2024   2023 
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2024   2023   2024   2023 
General and administrative  $86,786   $95,189   $199,082   $540,260 
Research and development   92,380    95,566    248,312    376,415 
Total stock-based compensation  $179,166   $190,755   $447,394   $916,675