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Share-based Compensation (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Share-based Compensation |
Schedule of weighted-average assumptions used to estimate the fair value | ​
​ | ​ | ​ | ​ | ​
​ |  | For the Three Months |
​ | ​ | Ended March 31, 2023 |
Share price | ​ | $ | 8.16 | ​
Expected volatility | ​ |  | 96.5 | %
Risk-free rate | ​ |  | 3.58 | %
Expected life | ​ |  | 6.1 years | ​
Expected dividend yield | ​ |  | — | %
​
Schedule of share option activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ | ​ |  | Weighted |  | ​ | ​
​ | ​ | ​ | ​ | Weighted | ​ | Average | ​ | Aggregate
​ | ​ | ​ | ​ | Average | ​ | Remaining | ​ | Intrinsic
​ | ​ | Number of | ​ | Exercise Price | ​ | Contractual | ​ | Value
​ | ​ | Options | ​ | (per share) | ​ | Life (Years) | ​ | (in thousands)
Options outstanding at December 31, 2022 |  | 3,547 | ​ | $ | 90.50 |  | 9.4 | ​ | $ | 1,804
Recapitalization |  | 379,824 | ​ |  | (89.66) |  | — | ​ |  | —
Options outstanding at December 31, 2022 |  | 383,371 | ​ |  | 0.84 |  | 9.4 | ​ |  | 1,804
Granted |  | 1,558,562 | ​ |  | 1.20 |  | — | ​ |  | —
Options outstanding at March 31, 2023 |  | 1,941,933 | ​ | $ | 1.13 |  | 9.6 | ​ | $ | 26,781
Options vested and exercisable at March 31, 2023 |  | 85,708 | ​ | $ | 0.84 |  | 9.2 | ​ | $ | 1,207
​
Schedule of restricted Share units activity | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted
​ | ​ | ​ | ​ | Average
​ | ​ | Number of | ​ | Grant Date
​ | ​ | RSUs | ​ | Fair Value
RSUs at December 31, 2022 |  | — | ​ | $ | —
Granted |  | 499,993 | ​ |  | 8.16
RSUs at March 31, 2023 |  | 499,993 | ​ | $ | 8.16
​
Schedule of allocation of share-based compensation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | For the Period from
​ | ​ | For the Three | ​ | January 18, 2022
​ | ​ | Months Ended | ​ | (date of inception) to
​ | ​ | March 31, | ​ | March 31,
​ | ​ | 2023 | ​ | 2022
Research and development | ​ | $ | 2,186 | ​ | $ | —
General and administrative | ​ |  | 180 | ​ |  | —
Total share-based compensation expense | ​ | $ | 2,366 | ​ | $ | —
​

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- 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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + 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 (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- 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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- 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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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