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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2023
Stockholders' Equity Note [Abstract] |
Summary of Stock Option Activity | A summary of the Company’s stock option activity for the Current Year is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Average | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted | ​ | Remaining | ​ | ​ | ​
​ | ​ | ​ | ​ | Average | ​ | Contractual | ​ | Aggregate
​ | ​ | Number of | ​ | Exercise | ​ | Life | ​ | Intrinsic
​ |  | Options |  | Price |  | (in Years) |  | Value
Outstanding at January 1, 2023 |  | 5,614,310 | ​ | $ | 2.12 |  | 4.76 | ​ | $ | —
Granted |  | 200,000 | ​ |  | 1.51 |  |  | ​ |  |
Exercised |  | (87,750) | ​ |  | 0.80 |  |  | ​ |  |
Expired/Forfeited |  | (578,020) | ​ |  | 2.96 |  |  | ​ |  |
Outstanding at December 31, 2023, and expected to vest |  | 5,148,540 | ​ | $ | 2.03 |  | 4.26 | ​ | $ | —
Exercisable at December 31, 2023 |  | 1,398,540 | ​ | $ | 2.88 |  | 1.66 | ​ | $ | —
​
Schedule of Black-Scholes Assumptions for Fair Value of Options Granted | The fair values of the options granted were estimated at the respective dates of grant using the Black-Scholes option pricing model with the following range of assumptions: ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, |
​ |  | 2023 |  | 2022 |
Expected Volatility |  | 89 – 90 | % | 57 – 93 | %
Expected Dividend Yield |  | — | % | — | %
Expected Life (Term, in years) |  | 2.75 – 10 |  | 0.67 – 3.25 | ​
Risk-Free Interest Rate |  | 4.0 – 4.7 | % | 1.6 – 2.8 | %
Schedule of options vesting upon achievement of target price | ​
​ | ​ | ​
Target Prices |  | Number of Options Vesting
$3.00 | ​ | 1,000,000
$5.00 | ​ | 850,000
$7.00 | ​ | 700,000
$9.00 | ​ | 550,000
$11.00 | ​ | 400,000
Summary of Stock Option Activity for Non-Vested Options | The following table summarizes the Company’s stock option activity for non-vested options for the Current Year: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted
​ | ​ | ​ | ​ | Average
​ | ​ | Number of | ​ | Grant Date
​ |  | Options |  | Fair Value
Balance at January 1, 2023 |  | 3,697,500 | ​ | $ | 0.05
Granted |  | 200,000 | ​ |  | 0.68
Vested |  | (135,000) | ​ | ​ | 0.68
Forfeited or Canceled |  | (12,500) | ​ |  | 0.89
Balance at December 31, 2023 |  | 3,750,000 | ​ | $ | 0.05
Summary of Restricted Stock Activity | A summary of the Company’s restricted stock activity for the Current Year is as follows: ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted
​ | ​ | Number of | ​ | Average
​ | ​ | Restricted | ​ | Grant Date
​ |  | Shares |  | Fair Value
Outstanding at January 1, 2023 |  | 333,333 | ​ | $ | 3.71
Granted |  | 113,968 | ​ |  | 1.01
Vested |  | (108,968) | ​ |  | 1.08
Expired/Forfeited |  | (5,000) | ​ |  | 1.62
Outstanding at December 31, 2023 |  | 333,333 | ​ | $ | 3.69
​
Schedule Of Common Stock Repurchased | The following table provides information with respect to restricted stock purchased and retired by the Company during the Current Year and Prior Year: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Number of | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Shares | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Purchased as | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Part of | ​ | ​ | ​
​ | ​ | Total Number | ​ | Actual | ​ | Publicly | ​ | Fair value of
​ | ​ | of Shares | ​ | Price Paid | ​ | Announced | ​ | Re-Purchased
Date |  | Purchased |  | per Share |  | Plan |  | Shares
None |  | — | ​ |  | — |  | — | ​ |  | —
Total 2023 |  | — | ​ | $ | — |  | — | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
April 20, 2022 (i) | ​ | 53,882 | ​ |  | 1.57 |  | — | ​ |  | 84,000
May 31, 2022 (i) |  | 240,000 | ​ |  | 1.49 |  | — | ​ |  | 358,000
Total 2022 |  | 293,882 | ​ | $ | 1.50 |  | — | ​ | $ | 442,000
​
(i) | The shares were exchanged from employees and directors in connection with the income tax withholding obligations on behalf of such employees and directors from the vesting of restricted stock or the receipt of stock awards. The 2011 Plan and 2021 Plan allow for award holders to surrender vested shares to cover withholding tax liabilities.

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- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding and exercisable options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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