XML 105 R23.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Equity Incentive Awards (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The following weighted-average assumptions were used for stock options granted in the six months ended June 30, 2024 and 2023:
|  | Expected Volatility |  | Risk-free Interest Rate |  | Expected Term |  | Dividend Rate
June 30, 2024 |  |  |  |  |  |  |  |
Employees |  | 96 | % |  | 4.5 | % |  | 4 |  | — | %
Officers and non-employee directors |  | 104 | % |  | 4.2 | % |  | 6 |  | — | %
June 30, 2023 |  |  |  |  |  |  |  |
Employees |  | 113 | % |  | 3.8 | % |  | 4 |  | — | %
Officers and non-employee directors |  | 99 | % |  | 3.9 | % |  | 6 |  | — | %
Share-based Payment Arrangement, Option, Activity | The following is a summary of stock option activity under Lexicon’s stock-based compensation plans for the six months ended June 30, 2024:
|  | Stock Options |  | Weighted Average Exercise Price
|  | (in thousands) |  |
Outstanding at December 31, 2023 |  | 18,705 |  |  | $ | 3.93 |
Granted |  | 4,632 |  |  | 2.10 |
Exercised |  | (51) |  |  | 1.72 |
Expired |  | (174) |  |  | 11.81 |
Forfeited |  | (898) |  |  | 2.69 |
Outstanding at June 30, 2024 |  | 22,214 |  |  | 3.54 |
Exercisable at June 30, 2024 |  | 10,505 |  |  | $ | 4.81 |
Schedule of Nonvested Restricted Stock Units Activity | The following is a summary of restricted stock unit activity under Lexicon’s stock-based compensation plans for the six months ended June 30, 2024:
|  | RSU’s |  | Weighted Average Grant Date Fair Value
|  | (in thousands) |  |
Outstanding at December 31, 2023 |  | 5,015 |  |  | $ | 2.78 |
Granted |  | 8,527 |  |  | 2.14 |
Vested |  | (1,970) |  |  | 3.10 |
Forfeited |  | (407) |  |  | 2.28 |
Outstanding at June 30, 2024 |  | 11,165 |  |  | $ | 2.25 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration