General form of registration statement for all companies including face-amount certificate companies

SHARE-BASED COMPENSATION - Option activity (Details)

v3.24.4
SHARE-BASED COMPENSATION - Option activity (Details) - USD ($)
 9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Options outstanding      
Outstanding at the beginning of the period 2,985,000 2,467,500  
Granted 895,000 517,500  
Outstanding at the end of the period 3,880,000 2,985,000 2,467,500
Exercisable 2,915,556 2,280,361  
Weighted Average Exercise Price      
Weighted Average Exercise price, Beginning of the period $ 5.64 $ 6.12  
Weighted Average Exercise price, granted 3.1 3.35  
Weighted Average Exercise price, End of the period 5.05 5.64 $ 6.12
Exercisable $ 5.68 $ 5.98  
Weighted Average Remaining Contractual Term (in years)      
Weighted average contractual life 7 years 7 months 9 days 7 years 9 months 21 days 8 years 6 months 10 days
Weighted average remaining contractual term, Granted 9 years 5 months 8 days 9 years 1 month 28 days  
Weighted Average Remaining Contractual Term, Exercisable 7 years 1 month 2 days 7 years 7 months 9 days  
Aggregate Intrinsic Value      
Aggregate Intrinsic Value, Beginning of the period $ 251,550 $ 5,700  
Aggregate Intrinsic Value, End of the period   251,550 $ 5,700
Aggregate Intrinsic Value, Exercisable   $ 55,342