Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

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STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
A summary of the stock option activity and related information for the Plans for the six months ended June 30, 2024, is as follows:

A summary of the stock option activity and related information for the Plans for the six months ended June 30, 2024, is as follows:

 

    Shares     Weighted-Average
Exercise Price		     Weighted-Average
Remaining
Contractual Term		     Aggregate
Intrinsic
Value		  
Outstanding at December 31, 2023     43,245     $ 50,542.10       8.75     $ —  
Grants     288,934       12.19                  
Exercised     —       —                  
Forfeitures or expirations     (21,382 )     42,044.88                  
                                 
Outstanding at June 30, 2024     310,797     $ 4,151.95       9.44     $ —  
Exercisable at June 30, 2024     22,609     $ 51,345.40       7.75     $    
The assumptions used in the valuation of stock options granted during the six months ended June 30, 2024, and 2023 were as follows:

The assumptions used in the valuation of stock options granted during the six months ended June 30, 2024, and 2023 were as follows:

 

    Six Months Ended
June 30, 2024		     Six Months Ended
June 30, 2023		  
Risk-free interest rate     4.23% to 5.33 %     3.42% to 4.02 %
Expected term of option     5.25 to 10.00 years       5.0 to 10 years  
Expected stock price volatility     111.89% to 137.79 %     121.26% - 142.72 %
Expected dividend yield     0.0       0.0