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Subsequent Events
6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events

14. Subsequent Events

On August 5, 2024, the Board of Directors of the Company unanimously elected Regina Graul, Ph.D. as a member of the Board of Directors of the Company, effective as of such date and amended her Offer Letter, dated November 30, 2023, to include (i) a title change from President to President and Chief Executive Officer, (ii) an increase to her annual base compensation from $372,000 to $420,000, (iii) up to $100,000 of incentive bonus opportunities tied to entering into future material licensing arrangements approved by the Board of Directors as qualifying for the bonus, and (iv) the grant of a stock option to purchase up to 55,849 shares of common stock of the Company at the closing price upon the effective date of the agreement (an exercise price of $3.30 per share), subject to monthly vesting over four years.