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Stockholders’ Equity
 6 Months Ended
Jun. 30, 2024
Stockholders’ Equity [Abstract]  
STOCKHOLDERS’ EQUITY

Note 6. STOCKHOLDERS’ EQUITY

 

Common Stock – Issuance of Securities

 

The Company issued 7,942 and 15,230 shares of common stock in payment of director fees totaling $38,000 and $54,000 for the three months ended June 30, 2024 and 2023, respectively, and 20,265 and 26,660 shares totaling $76,000 and $108,000 for the six months ended June 30, 2024 and 2023, respectively.

 

The Company issued 1,475 shares of common stock to net settle the exercise of stock options for the three and six months ended June 30, 2024. There were no issuances of common stock due to the exercise of stock options for the three and six months ended June 30, 2023.

 

During the third quarter of 2024, the Company issued 12,252 shares of common stock in payment of directors’ fees totaling $38,000.