Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.24.3
STOCK-BASED COMPENSATION (Tables)
 9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
A summary of the stock option activity and related information for the Plans for the nine months ended September 30, 2024, is as follows:

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

 

    Shares     Weighted-Average
Exercise Price		     Weighted-Average
Remaining
Contractual Term		     Aggregate
Intrinsic
Value		  
Outstanding at December 31, 2023     43,235     $ 50,542.10       8.75     $ —  
Grants     338,934       10.30                  
Exercised     —       —                  
Forfeitures or expirations     (25,996 )     34,586.33                  
                                 
Outstanding at September 30, 2024     356,173     $ 3,622.40       9.32     $ —  
Exercisable at September 30, 2024     65,691     $ 17,687.56       8.68     $    
The assumptions used in the valuation of stock options granted during the nine months ended September 30, 2024, and 2023 were as follows:

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

 

    Nine Months Ended
September 30, 2024		     Nine Months Ended
September 30, 2023		  
Risk-free interest rate     3.58% to 5.33%       3.42% to 4.35%  
Expected term of option     5.25 to 10.00 years       5.0 to 10 years  
Expected stock price volatility     111.89% to 140.42%       122.19% to 142.72%  
Expected dividend yield     0.0       0.0