XML 44 R32.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Option Activity

          A summary of activity for the year ended December 31, 2020 is as follows:

 

 

 

Options

 

 

Weighted

Average

Exercise Price

 

Balance as of December 31, 2019

 

 

1,865

 

 

$

2,968.22

 

Granted

 

 

530,000

 

 

$

2.12

 

Cancelled/forfeited

 

 

(529

)

 

$

2,486.82

 

Balance as of December 31, 2020

 

 

531,336

 

 

$

10.01

 

Stock Options Vested and Expected to Vest

 

 

 

Options

 

 

Weighted

Average Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Term (years)

 

 

Aggregate

Intrinsic Value

 

Balance as of December 31, 2020

 

 

531,336

 

 

$

10.01

 

 

 

9.41

 

 

$

-

 

Vested and expected to vest at December 31, 2020

 

 

490,008

 

 

$

10.52

 

 

 

9.41

 

 

$

-

 

Exercisable at December 31, 2020

 

 

75,028

 

 

$

56.84

 

 

 

9.43

 

 

$

-

 

 

Weighted-average Assumptions

The fair value of each option awarded during the years ended December 31, 2020 and 2019 was estimated on the date of grant using the Black-Scholes-Merton option valuation model based on the following weighted-average assumptions:

 

 

December 31,

2020

 

 

December 31,

2019

 

Expected term

 

5.8 years

 

 

7.0 years

 

Risk-free interest rate

 

 

0.58

%

 

 

2.41

%

Expected volatility

 

 

128.6

%

 

 

96.5

%

Dividends

 

 

0

%

 

 

0

%

Resulting fair value

 

$

1.87

 

 

$

0.26

 

 

Summary of Share-Based Compensation Recognized

The following table summarizes share-based compensation recognized during the years ended December 31, 2020 and 2019 in the statement of operations and comprehensive loss:

 

 

 

Years ended December 31,

 

 

 

2020

 

 

2019

 

Research and development

 

$

32

 

 

$

40

 

General and administrative

 

 

215

 

 

 

87

 

Total share-based compensation

 

$

        247

 

 

$

127