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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Weighted Average Assumptions
The weighted average assumptions used in the Black-Scholes model for option grants to employees and directors are presented below:
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Risk-free interest rate4.42%3.45%4.23%4.05%
Expected volatility106%101%105%100%
Expected life in years5.55.65.55.5
Dividend yield
Significant Assumption Used in Monte Carlo Simulation Method
The significant assumptions used in the Monte Carlo simulation method were as follows:
Risk-free interest rate4.60%
Expected volatility90%
Expected life in years3.61
Dividend yield