XML 43 R27.htm IDEA: XBRL DOCUMENT v3.22.4
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Summary Of Common Shares That Were Excluded From The Diluted Net Loss Per Share Calculation Because Of Their Anti-Dilutive Effect
The following table summarizes potential shares of common stock that were excluded from diluted net loss per share calculation because of their anti-dilutive effect:
Year Ended December 31,
202220212020
Options to purchase common stock12,221,548 10,488,993 8,906,624 
Service-based restricted stock units2,556,257 2,448,868 2,558,052 
Performance-based restricted stock units111,941 663,353 663,353 
Convertible preferred stock3,309 3,309 3,309 
Convertible notes3,049,980 3,049,980 3,049,980 
December 2019 Bonds— — 1,009,450 
Total17,943,035 16,654,503 16,190,768 
Summary Of Assumptions Used To Estimate The Fair Value Of Stock Options
The weighted average assumptions used in the Black-Scholes model for option grants to employees and directors are presented below:
 Year Ended December 31,
 202220212020
Risk-free interest rate2.05%0.91%0.63%
Expected volatility94%93%78%
Expected life in years5.766
Dividend yield

The weighted average assumptions used in the Black-Scholes model for option grants to non-employees are presented below:
 Year Ended December 31,
 202220212020
Risk-free interest rate1.96%1.45%0.82%
Expected volatility87%87%76%
Expected life in years101010
Dividend yield