Quarterly report [Sections 13 or 15(d)]

Stock-based Compensation (Tables)

v3.25.1
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense

We recorded stock-based compensation expense for the three months ended March 31, 2025 and 2024 as follows:

 

    2025     2024  
Research and development   $ 46,720     $ 31,121  
General and administrative     180,991       136,522  
Total   $ 227,711     $ 167,643  
Schedule of Restricted Stock Units (“RSUs”) Activity

Activity with respect to our Restricted Stock Units (“RSUs”) during the three months ended March 31, 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     (3,555 )     33.61  
Issued     (3,688 )     43.10  
Outstanding at March 31, 2025     376,393       19.51  
Vested and unissued     (185,080 )     35.16  
                 
Unvested at March 31, 2025     191,313     $ 4.37