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Note 6 - Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Risk-Free interest rate

  3.93% - 4.61% 

Expected dividend yield

  

—%

 

Expected stock price volatility

  

63.31%

 

Expected life of options (in years)

  5.50-6.25 
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
          

Weighted-Average

     
      

Weighted-Average

  

Remaining Contractual

  

Aggregate Intrinsic

 
  

Shares

  

Exercise Price

  

Term (Years)

  

Value

 

Outstanding at December 31, 2023

  5,469,247  $3.08   5.66  $322,738 

Granted (1)

  812,600   1.60         

Exercised

  (30,000)  1.36         

Expired (2)

  (358,500)  2.10         

Canceled (3)

  (63,125)  1.59         

Outstanding at June 30, 2024

  5,830,222  $2.96   5.83  $138,360 
                 

Exercisable at June 30, 2024

  4,430,623  $3.20   4.89  $109,383 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
      

Weighted-Average

 
      

Grant Date

 
  

Shares

  

Fair Value

 

Outstanding at December 31, 2023

  213,044  $1.43 

Granted (1)

  354,219   1.60 

Vested (2)

  (437,546)  1.52 

Unvested shares forfeited (3)

  (11,792)  1.59 

Outstanding at June 30, 2024

  117,925  $1.59 
Share-Based Payment Arrangement, Activity [Table Text Block]
  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2024

  

2023

  

2024

  

2023

 

General and administrative

 $285,372  $323,796  $579,406  $643,132 

Research and development

  12,231   10,520   24,675   21,823 

Total

 $297,603  $334,316  $604,081  $664,955 
  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2024

  

2023

  

2024

  

2023

 

Share based compensation expense - stock option

 $243,538  $278,373  $433,807  $554,914 

Share based compensation expense - restricted stock units

  54,065   55,943   170,274   110,041 

Total

 $297,603  $334,316  $604,081  $664,955