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

Note 7 - 2019 Equity Incentive Plan 3 (Tables)

v3.24.4
Note 7 - 2019 Equity Incentive Plan 3 (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Notes Tables    
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
   

Common

   

Weighted

   

Weighted

 
   

Shares

   

Average

   

Average

 
   

Underlying

   

Exercise

   

Remaining

 
   

Stock

   

Price per

   

Contractual

 
   

Options

   

Share

   

Life (Years)

 

Outstanding at December 31, 2023

    1,581,041     $ 2.72       7.3  

Granted

    568,097       2.33          

Exercised

                     

Forfeited / Cancelled

                     

Outstanding at September 30, 2024

    2,149,138     $ 2.62       7.4  
                         

Exercisable at September 30, 2024

    1,287,990     $ 2.61       6.2  
   

Common

   

Weighted

   

Weighted

 
   

Shares

   

Average

   

Average

 
   

Underlying

   

Exercise

   

Remaining

 
   

Stock

   

Price per

   

Contractual

 
   

Options

   

Share

   

Life (Years)

 

Outstanding at January 1, 2023

    1,024,628     $ 2.53       7.1  

Granted

    608,388       3.03          

Exercised

                     

Forfeited / Cancelled

    (51,975 )     2.64          

Outstanding at December 31, 2023

    1,581,041     $ 2.72       7.3  
                         

Exercisable at December 31, 2023

    1,009,011     $ 2.56       6.5  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]  

Expected volatility

    80.14% - 81.01 %

Risk-free interest

    4.05% - 4.08 %

Expected term (years)

    5.4 - 6.0  

Expected dividend yield