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

SHARE-BASED COMPENSATION - (Details)

v3.24.4
SHARE-BASED COMPENSATION - (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2024
Feb. 29, 2024
Jun. 30, 2023
Feb. 28, 2023
Apr. 30, 2022
Jan. 31, 2022
Jul. 31, 2021
Jun. 30, 2021
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Apr. 30, 2021
Share-based compensation                              
Stock options granted (in shares)                     895,000   517,500    
Grant exercise price (in dollars per share)                     $ 3.1   $ 3.35    
Total compensation expense not yet recognized                 $ 2,517,214   $ 2,517,214   $ 2,458,851    
Weighted average vesting period                     2 years 18 days   1 year 3 months 18 days    
Intrinsic value of stock option                         $ 251,550 $ 5,700  
Weighted average grant date fair value                     $ 3.93   $ 4.33    
June 2021                              
Share-based compensation                              
Share based compensation expense                 0 $ 181,720 $ 363,440 $ 545,160 $ 726,880 726,880  
Common stock shares available (in shares)               807,500              
Stock options granted (in shares)               807,500              
Grant exercise price (in dollars per share)               $ 6.26              
June 2021 | Employee | Tranche one                              
Share-based compensation                              
Vesting percentage               40.00%              
June 2021 | Employee | Tranche two                              
Share-based compensation                              
Vesting term of options               36 months              
July 2021                              
Share-based compensation                              
Share based compensation expense                 0 490,917 981,833 1,472,750 1,963,667 1,963,667  
Stock options granted (in shares)             1,550,000                
Grant exercise price (in dollars per share)             $ 6.18                
July 2021 | Executive officers | Tranche one                              
Share-based compensation                              
Vesting percentage             25.00%                
July 2021 | Executive officers | Tranche two                              
Share-based compensation                              
Vesting term of options             36 months                
July 2021 | Independent directors/consultants                              
Share-based compensation                              
Vesting term of options             36 months                
January 2022                              
Share-based compensation                              
Share based compensation expense                 18,950 18,950 56,850 56,850 75,800 145,283  
Stock options granted (in shares)           80,000                  
Grant exercise price (in dollars per share)           $ 4.44                  
January 2022 | Tranche one                              
Share-based compensation                              
Vesting percentage           25.00%                  
January 2022 | Tranche two                              
Share-based compensation                              
Vesting term of options           36 months                  
April 2022                              
Share-based compensation                              
Share based compensation expense                 5,377 5,377 16,133 16,133 21,510 $ 35,850  
Stock options granted (in shares)         30,000                    
Grant exercise price (in dollars per share)         $ 3.79                    
April 2022 | Tranche one                              
Share-based compensation                              
Vesting percentage         25.00%                    
April 2022 | Tranche two                              
Share-based compensation                              
Vesting term of options         36 months                    
February 2023                              
Share-based compensation                              
Share based compensation expense                 109,521 109,521 328,563 255,549 365,070    
Stock options granted (in shares)       467,500                      
Grant exercise price (in dollars per share)       $ 3.41                      
Vesting term of options       36 months                      
June 2023                              
Share-based compensation                              
Share based compensation expense                 0 $ 26,800 53,600 $ 26,800 $ 53,600    
Stock options granted (in shares)     50,000                        
Grant exercise price (in dollars per share)     $ 2.75                        
Vesting term of options     1 year                        
February 2024                              
Share-based compensation                              
Share based compensation expense                 183,713   428,663        
Stock options granted (in shares)   835,000                          
Grant exercise price (in dollars per share)   $ 3.15                          
Vesting term of options   36 months                          
June 2024                              
Share-based compensation                              
Share based compensation expense                 $ 27,630   $ 27,630        
Stock options granted (in shares) 60,000                            
Grant exercise price (in dollars per share) $ 2.38                            
Vesting term of options 1 year                            
2021 Equity Incentive Plan                              
Share-based compensation                              
Common stock shares reserved                 3,454,915   3,454,915       2,000,000
Additional common stock shares reserved                         465,432    
Common stock shares available (in shares)                 171,720   171,720   485,868