v3.25.3
Options (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of compensation expense related to common stock options

The Company recognized compensation expense related to common stock options that are being amortized over the implied service term, or vesting period, of the options during the three and nine months ended September 30, 2025 and 2024, as follows:

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Directors

 

$

3,598

 

 

$

29,284

 

 

$

13,487

 

 

$

86,892

 

Officers and employees

 

 

1,295,860

 

 

 

1,157,587

 

 

 

3,541,322

 

 

 

3,307,854

 

Total amortized options expense

 

$

1,299,458

 

 

$

1,186,871

 

 

$

3,554,809

 

 

$

3,394,746