Share-based Compensation

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

(8) Share-based Compensation

For the three and six months ended June 30, 2024 and 2023, the Company recognized the following non-cash, share-based compensation expense in the statements of operations (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
General and administrative	$	112	$	145	$	226	$	308
Research and development		—		42		—		83
Total	$	112	$	187	$	226	$	391

Stock option transactions for the six months ended June 30, 2024 under the Company’s stock incentive plans were as follows:


	Options Outstanding
	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)
Options outstanding - December 31, 2023		616,707		$	4.76		7.35
Granted		42,000			1.64
Exercised		(6,000	)		2.32
Forfeited and cancelled		(45,652	)		10.05
Options outstanding - June 30, 2024		607,055		$	4.17		7.00
Options exercisable - June 30, 2024		506,540		$	4.44		6.90
Options vested and expected to vest - June 30, 2024		607,039		$	4.17		7.00