XML 50 R39.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Stock-Based Compensation (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jul. 01, 2024
Jun. 30, 2024
Nov. 27, 2023
Sep. 26, 2023
Jun. 30, 2023
Nov. 06, 2022
Oct. 07, 2022
Jun. 30, 2022
Jun. 17, 2022
Jun. 30, 2021
May 11, 2021
Aug. 12, 2020
Aug. 01, 2020
Jul. 15, 2020
Jul. 14, 2020
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Shares outstanding   605,348                           605,348   605,348   552,083
Number of fully vested option exercisable   327,849                           327,849   327,849   252,292
Number of fully vested option exercisable                                   56,598    
Deferred compensation expense for unvested stock options                                   $ 538,000    
Fair market value, per share                                   $ 2.37    
Intrinsic value   $ 26,000                           $ 26,000   $ 26,000    
Outstanding stock options to acquire shares of common stock not vested   277,500                           277,500   277,500    
Director [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options   10,000     10,000     10,000   10,000                    
Stock option vested exercisable term   5 years             5 years                      
Exercise price   $ 2.37                           $ 2.37   $ 2.37    
Share based compensation vesting rights, percentage   vesting 12.5% on the last day of each subsequent calendar quarter-end until fully vested, subject to continued service.                                    
Fair value of stock options   $ 73,976                                    
Stock price per share   $ 1.8494       $ 20.00                   $ 1.8494   $ 1.8494    
Number of fully vested option exercisable   40,000                                    
Five Non Officer Directors [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options                   50,000                    
Stock option vested exercisable term                   5 years                    
Share based compensation vesting rights, percentage                   vesting 12.5% on the last day of each subsequent calendar quarter-end until fully vested.                    
Fair value of stock options                   $ 1,421,095                    
Stock price per share                   $ 28.423                    
Stock based compensation                                 $ 106,290   $ 211,413  
BasvanderBaan [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options                 25,000                      
Exercise price                 $ 7.40                      
Share based compensation vesting rights, percentage                 vesting 50% on the grant date and the remainder vesting 12.5% on the last day of each subsequent calendar quarter-end until fully vested, subject to continued service.                      
Fair value of stock options                 $ 158,525                      
Stock price per share                 $ 6.341                      
Stock based compensation                               $ 9,695 9,695 $ 19,390 19,283  
Stock options granted to purchase common stock, issued                 $ 79,263                      
Five Non-Officer Directors [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options               50,000                        
Stock option vested exercisable term               5 years                        
Exercise price               $ 7.40                        
Share based compensation vesting rights, percentage               vesting 12.5% on the last day of each subsequent calendar quarter-end until fully vested, subject to continued service.                        
Fair value of stock options               $ 316,700                        
Stock price per share               $ 6.334                        
Stock based compensation                               23,655 23,655 47,310 47,049 $ 23,655
Four Officers [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options           20,000                            
Stock option vested exercisable term           5 years                            
Share based compensation vesting rights, percentage           vesting 25% on issuance and 25% on each anniversary date thereafter until fully vested, subject to continued service.                            
Fair value of stock options           $ 262,560                            
Stock price per share           $ 3.282                            
Stock based compensation                               $ 12,396 $ 16,352 $ 24,660 $ 32,524  
Number of fully vested option exercisable           80,000                            
Stock options granted to purchase common stock, issued           80,000                            
Four Non-officer Directors [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options         40,000                              
Stock option vested exercisable term   5 years     5 years                              
Exercise price   $ 2.37     $ 5.88                     $ 2.37 $ 5.88 $ 2.37 $ 5.88  
Share based compensation vesting rights, percentage         vesting 12.5% on the last day of each subsequent calendar quarter-end until fully vested, subject to continued service.                              
Fair value of stock options   $ 27,500     $ 192,593                              
Stock price per share   $ 1.6570     $ 4.8131                     $ 1.6570 $ 4.8131 $ 1.6570 $ 4.8131  
Stock based compensation                               $ 24,100   $ 48,068    
Four Non Officer Director [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options   16,598                                    
Robert N. Weingarten [Member] | Director [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options                       5,833                
Ms.Regina Brown [Member] | Director [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options                     25,000                  
Stock option vested exercisable term                     5 years                  
Exercise price                     $ 28.00                  
Share based compensation vesting rights, percentage                     vesting 50% on the grant date and the remainder vesting 12.5% on the last day of each subsequent calendar quarter-end until fully vested.                  
Fair value of stock options                     $ 658,363                  
Stock price per share                     $ 26.335                  
Stock options fully vested amount, fair value                     $ 329,188                  
Stock based compensation                                 $ 38,405   $ 76,388  
Schellens [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Purchase of granted stock options 15,000                                      
Schellens [Member] | Subsequent Event [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options 15,000                                      
Stock option vested exercisable term 5 years                                      
Exercise price $ 2.39                                      
Share based compensation vesting rights, percentage The options vest quarterly over a three-year period commencing on the last day of each calendar quarter commencing September 30, 2024.                                      
Fair value of stock options $ 29,074                                      
Stock price per share $ 1.9382                                      
Employment Agreement [Member] | Eric J. Forman [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options                           5,833            
Stock option vested exercisable term                           5 years            
Exercise price                           $ 71.40            
Share based compensation vesting rights, percentage                           The options vested 25% on August 12, 2020, 2021 and 2022, respectively, with the final 25% vesting on August 12, 2023.            
Fair value of stock options                           $ 400,855            
Stock price per share                           $ 68.718            
Stock options fully vested amount, fair value                       $ 100,214                
Stock based compensation                                 24,985   49,695  
Employment Agreement [Member] | Dr.James S. Miser [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options                         8,333              
Stock option vested exercisable term                         5 years              
Exercise price                         $ 71.40              
Share based compensation vesting rights, percentage                         The options vested 25% on August 1, 2020, 2021 and 2022, respectively, with the final 25% vesting on August 1, 2023.              
Fair value of stock options                         $ 572,650              
Stock price per share                         $ 68.718              
Stock options fully vested amount, fair value                         $ 143,163              
Stock based compensation                                 35,693   70,993  
Employment Agreement [Member] | Robert N. Weingarten [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Stock option vested exercisable term                       5 years                
Exercise price                       $ 71.40                
Share based compensation vesting rights, percentage                                       The options vested 25% on August 12, 2020, 2021 and 2022, respectively, with the final 25% vesting on August 12, 2023.
Fair value of stock options                       $ 400,855                
Stock price per share                       $ 68.718                
Stock options fully vested amount, fair value                       $ 100,214                
Stock based compensation                                 $ 24,985   $ 49,695  
Employment Agreement [Member] | BasvanderBaan [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Fair value of stock options       250,000                                
Stock option vested exercisable term       5 years                                
Exercise price       $ 1.95                                
Fair value of stock options       $ 403,066                                
Stock price per share       $ 1.612                                
Stock based compensation                               $ 33,345   $ 66,690    
Employment Agreement [Member] | Mrvander Baan [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Share based compensation vesting rights, percentage       The options vest in equal increments quarterly over a three-year period commencing on the last day of each calendar quarter commencing October 1, 2023, subject to continued service.                                
2020 Stock Incentive Plan [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Purchase of granted stock options     336,667       180,000                          
Fair value of stock options     750,000       413,333                          
Shares outstanding   551,598                           551,598   551,598    
Shares were available for issuance   198,402                           198,402   198,402    
2020 Stock Incentive Plan [Member] | Maximum [Member]                                        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]                                        
Number of restricted stock issued                             233,333