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v3.24.1

STOCK OPTIONS - Summary (Details) |  | 1 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Dec. 19, 2022 USD ($) | Mar. 31, 2021 $ / shares | Dec. 31, 2023 USD ($) shares | Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) item shares | Dec. 31, 2020 shares
STOCK OPTIONS |  |  |  |  |  |
Aggregate consideration from issue of common stock | $ |  |  |  | $ 13,800 | $ 48,600 |
Share-based compensation expense | $ |  |  | $ 0 | $ 10,100,000 | $ 3,660,387 |
Non-directors and non-employees |  |  |  |  |  |
STOCK OPTIONS |  |  |  |  |  |
Options outstanding |  |  | 0 | 0 | 0 |
Employee Stock Option |  |  |  |  |  |
STOCK OPTIONS |  |  |  |  |  |
Stock Option Exercises (in shares) |  |  | 0 | 11,200 |  |
Aggregate consideration from issue of common stock | $ |  |  |  | $ 13,800 |  |
Accelerated stock option expense | $ |  |  |  | $ 5,500,000 |  |
Assumption, expected term (in years) |  |  | 5 years |  |  |
Assumption, expected dividends | $ |  |  | $ 0 |  |  |
2008 Stock Option Plan |  |  |  |  |  |
STOCK OPTIONS |  |  |  |  |  |
Aggregate number of shares granted under the plan |  |  | 3,649,508 |  |  |
Remaining shares available for future issuance |  |  | 0 |  |  |
Options outstanding |  |  | 147,150 | 147,150 | 173,050 | 199,450
Stock Option Exercises (in shares) |  |  |  | 11,200 | 25,400 |
2021 Stock Option Plan |  |  |  |  |  |
STOCK OPTIONS |  |  |  |  |  |
Accelerated stock option expense | $ | $ 5,500,000 |  |  |  |  |
2021 Stock Option Plan | Officers |  |  |  |  |  |
STOCK OPTIONS |  |  |  |  |  |
Number of shares granted |  |  |  |  | 1,350,000 |
Expiration term (in years) |  | 10 years |  |  |  |
Vesting term (in years) |  | 3 years |  |  |  |
Fair value at grant date (dollars per share) | $ / shares |  | $ 10.21 |  |  |  |
Assumption, risk free rate |  | 1.20% |  |  |  |
Assumption, exercise price | $ / shares |  | $ 13.00 |  |  |  |
Assumption, volatility factor |  | 92.66% |  |  |  |
Number of officers | item |  |  |  |  | 3 |
2021 Stock Option Plan | Employee Stock Option |  |  |  |  |  |
STOCK OPTIONS |  |  |  |  |  |
Remaining shares available for future issuance |  |  |  |  | 2,000,000 |
Options outstanding |  |  |  | 0 |  |
Number of shares granted |  |  | 0 | 0 |  |

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