Note 7. Employees and Employee-Related Costs

The number of employees, including executive and non-executive directs, during the year was as follows:


	Years Ended December 31,
	2020	2019	2018
Average number of full-time employees	33	25	18
Number of employees at end of period:
Denmark and United States	35	31	20
Total employees, at end of period	35	31	20

Employee Costs:


	Years Ended December 31,
	2020		2019		2018
	(USD in thousands)
Wages and salaries	$	4,016	$	2,819	$	1,733
Share-based compensation expenses		3,408		2,362		2,069
Defined contribution plans		206		96		70
Other social security expenses		17		12		10
Other staff expenses		196		176		133
Total	$	7,843	$	5,465	$	4,015


	Years Ended December 31,
	2020		2019		2018
	(USD in thousands)
Total Employee costs classified as:
Research and development expenses	$	4,833	$	3,607	$	2,652
General and administrative expenses		3,010		1,858		1,363
Total	$	7,843	$	5,465	$	4,015


	Years Ended December 31,
	2020		2019		2018
	(USD in thousands)
Non-management employee benefit expenses classified as:
Research and development expenses	$	4,009	$	2,590	$	1,686
General and administrative expenses		611		668		26
Total	$	4,620	$	3,258	$	1,712

Remuneration to the Board of Directors and Executive Management


	Year Ended December 31,
	2020		2019		2018
	(USD in thousands)
Remuneration to the Executive Management:
Wages and salaries	$	1,298	$	900	$	621
Share-based compensation expenses		1,566		956		1,157
Total		2,864		1,856		1,778
Remuneration to the Board of Directors:
Share-based compensation expenses		359		351		525
Total		359		351		525
Remuneration to the Board of Directors and Executive Management classified as:
Research and development expenses		824		1,017		965
General and administrative expenses		2,399		1,190		1,338
Total	$	3,223	$	2,207	$	2,303

The Executive Management was comprised of three members during 2018. This was expanded to four members in January 2019 and expanded again to five members in October 2019, of which one member resigned in 2020.