XML 31 R20.htm IDEA: XBRL DOCUMENT v3.25.3
Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense

We recorded stock-based compensation expense for the three and nine months ended September 30, 2025 and 2024 as follows:

 

   2025   2024   2025   2024 
  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

 
   2025   2024   2025   2024 
Research and development  $110,239   $54,018   $165,572   $130,722 
General and administrative   192,808    100,173    568,434    343,744 
Total  $303,047   $154,191   $734,006   $474,466 
Schedule of Restricted Stock Units (“RSUs”) Activity

Activity with respect to our Restricted Stock Units (“RSUs”) during the nine months ended September 30, 2025 was as follows:

 

   Number of
shares
   Weighted-average
grant-date fair
value per share
 
Outstanding at January 1, 2025   383,636   $19.87 
Granted   -    - 
Forfeited   (27,547)   53.08 
Vested and issued   (76,189)   60.84 
Outstanding at September 30, 2025   279,900    5.45 
Vested and unissued   (253,836)   5.16 
           
Unvested at September 30, 2025   26,064   $8.23