XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.1

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

Stock-Based Compensation

Schedule of assumptions in its application of the Black-Scholes option pricing model for grants

​

​	​	​	​	​
​	​	Three Months Ended March 31,
​		2022		2021
​	​	​	​	​
Weighted-average risk-free interest rate	​	1.35% - 2.44%	​	1.11% - 1.71%
Expected term (in years)	​	5.00 - 10 years	​	5.83 - 10 years
Expected dividend yield	​	0%	​	0%
Expected volatility	​	65.96% - 78.12%	​	69.01% - 80.99%

Summary of stock option activity

​

​	​	​	​	​	​	​	​	​	​	​
​		​		​	​	​	Weighted		​	​
​	​	​	​	Weighted-		​	Average	​	​	​
​	​	​	​	Average		​	Remaining	​	​	​
​	​	Number of	​	Exercise Price		​	Contractual	​	Aggregate
​	​	Options	​	per Share			Term (in Years)	​	Intrinsic Value
​				​					​
Outstanding at of December 31, 2021		2,859,544	​	$	6.55		8.30		​
Granted		942,025	​	​	10.10	​	​		​
Exercised		(63,100)	​	​	3.01	​	​		​
Cancelled		(22,513)	​	​	7.00	​	​		​
Outstanding at March 31, 2022		3,715,956	​	$	7.50	​	8.48	​	$	5,289,348
​		​	​	​	​	​	​	​	​	​
Vested and exercisable at March 31, 2022		1,163,564	​	$	3.24		7.08	​	$	3,879,198
Vested and expected to vest at March 31, 2022	​	3,715,956	​	$	7.50		8.48	​	$	5,289,348

Summary of recognized share-based compensation expense recognized

​

​	​	​	​	​	​	​	​
​	​	Three Months Ended March 31,					​
​		2022			2021
​	​	​	​	​	​	​	​
Cost of revenue	​	$	4,630	​	$	22,515	​
Research and development	​		432,719	​		105,703	​
General and administrative	​		460,301	​		54,007	​
Total	​	$	897,650	​	$	182,225	​

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 cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration