XML 30 R18.htm IDEA: XBRL DOCUMENT v3.24.3
CONTRACTS AND AGREEMENTS
9 Months Ended
Sep. 30, 2024
CONTRACTS AND AGREEMENTS  
CONTRACTS AND AGREEMENTS

NOTE 12. CONTRACTS AND AGREEMENTS

 

Director Compensation

 

In January 2023, we increased the annual fee to non-employee members of our Board to $48,000, to be paid in cash on a quarterly basis, with the exception of the audit committee chairperson, whose annual fee was increased to $54,600, also to be paid in cash on a quarterly basis. Non-employee Director compensation also includes the annual issuance of our Common Stock.

 

For the nine months ended September 30, 2023, we issued an aggregate of 60,000 shares of Common Stock that were valued at approximately $51,000 to members of our Board.

 

For the nine months ended September 30, 2024, we issued an aggregate of 60,000 shares of Common Stock that were valued at approximately $45,000 to members of our Board.