Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Employee Benefits (Details)

v3.23.3
Stock-Based Compensation and Employee Benefits (Details) - USD ($)
3 Months Ended 9 Months Ended
Apr. 16, 2018
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Oct. 27, 2016
Stock-Based Compensation and Employee Benefits            
Percentage of employer contribution 3.00%          
401(k) Plan expenses   $ 48,346 $ 21,924 $ 123,735 $ 71,925  
2016 Equity Compensation plan            
Stock-Based Compensation and Employee Benefits            
Maximum number of common shares reserved for the grant of awards           1,500,000
Aggregate shares available for grants in period   988,785   988,785    
Stock based compensation   $ 220,971 $ 127,000 $ 616,496 $ 357,167  
Unrecorded stock based compensation expense   $ 904,724   $ 904,724    
Restricted Stock | 2016 Equity Compensation plan            
Stock-Based Compensation and Employee Benefits            
Shares granted       201,390 153,967  
Fair value of shares granted       $ 771,621 $ 357,167  
Vested immediately on the grant date | Restricted Stock | 2016 Equity Compensation plan            
Stock-Based Compensation and Employee Benefits            
Shares vested       22,000    
Vested on first anniversary | Restricted Stock | 2016 Equity Compensation plan            
Stock-Based Compensation and Employee Benefits            
Stock grants in period, gross       22,000    
Vested on second anniversary | Restricted Stock | 2016 Equity Compensation plan            
Stock-Based Compensation and Employee Benefits            
Stock grants in period, gross       22,000    
Vested on January 1, 2024 | Restricted Stock | 2016 Equity Compensation plan            
Stock-Based Compensation and Employee Benefits            
Shares vested       4,500    
Vested on January 1, 2025 | Restricted Stock | 2016 Equity Compensation plan            
Stock-Based Compensation and Employee Benefits            
Shares vested       43,630