Common Stock and Preferred Stock |
6 Months Ended |
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Jun. 30, 2024 | |
| Equity [Abstract] | |
| Common Stock and Preferred Stock |
5. Common Stock and Preferred Stock
As of June 30, 2024, the Company has authorized 100,000,000 shares of common stock, $0.001 par value per share, and 1,000,000 shares of preferred stock, $0.001 par value per share.
On June 27, 2024, the Company, following approval of the Company’s stockholders at the 2024 Annual Meeting of Stockholders filed an amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware (the “Amendment”) to decrease the number of shares of authorized capital stock of the Company from 155,000,000 shares of capital stock, consisting of 150,000,000 shares of common stock and 5,000,000 shares of preferred stock, to 101,000,000 shares of capital stock consisting of 100,000,000 shares of common stock and 1,000,000 shares of preferred stock. The Amendment became effective on June 27, 2024.
The Company had 10,174,000 shares of common stock and no shares of preferred stock issued and outstanding as of June 30, 2024, and December 31, 2023.
The holders of common stock are entitled to one vote for each share of common stock held.
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- References No definition available.
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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