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

Risk-Free interest rate

  3.56% - 4.61% 

Expected dividend yield

  

—%

 

Expected stock price volatility

  

63.02-63.64%

 

Expected life of options (in years)

  2.63-6.25 
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)

  837,600   1.31         

Exercised

  (30,000)  1.36         

Expired (2)

  (358,500)  2.10         

Canceled (3)

  (73,312)  1.73         

Outstanding at September 30, 2024

  5,845,035  $2.96   5.57  $3,500 
                 

Exercisable at September 30, 2024

  4,458,123  $3.19   4.63  $3,500 
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 September 30, 2024

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

Three Months Ended September 30,

  

Nine Months Ended September 30,

 
  

2024

  

2023

  

2024

  

2023

 

General and administrative

 $235,024  $270,672  $814,430  $913,804 

Research and development

  12,366   10,635   37,041   32,458 

Total

 $247,390  $281,307  $851,471  $946,262 
  

Three Months Ended September 30,

  

Nine Months Ended September 30,

 
  

2024

  

2023

  

2024

  

2023

 

Share based compensation expense - stock option

 $200,387  $224,749  $634,194  $779,663 

Share based compensation expense - restricted stock units

  47,003   56,558   217,277   166,599 

Total

 $247,390  $281,307  $851,471  $946,262