Quarterly report pursuant to Section 13 or 15(d)

COMMON STOCK

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COMMON STOCK
 3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
COMMON STOCK

Note 12. COMMON STOCK

 

Common Stock

 

The Company has authorized a total of 25,000,000 shares of Common Stock, $0.007 par value per share. On June 6, 2023, the Company received stockholder approval to increase the number of authorized shares from 14,285,715 shares to 25,000,000 shares. The Company has issued 11,514,354 shares of Common Stock of which 297,862 are unvested restricted stock shares as of March 31, 2024, and 9,505,255 shares of Common Stock of which 110,664 are unvested as of December 31, 2023.