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Equity based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Equity-based Compensation Expenses

The following table summarizes equity‑based compensation expense within the Company’s interim unaudited consolidated statements of operations and comprehensive loss for the three and nine months ended September 30, 2025 and 2024 (in thousands):

 

 

 

Three Months Ended September 30,

 

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

 

2025

 

 

2024

 

Research and development

 

$

 

 

$

 

 

 

$

 

 

$

232

 

General and administrative

 

 

33

 

 

 

102

 

 

 

 

87

 

 

 

466

 

Restructuring charges: expense acceleration

 

 

 

 

 

 

 

 

 

 

 

 

2,123

 

 

 

$

33

 

 

$

102

 

 

 

$

87

 

 

$

2,821

 

Schedule of Equity-based Compensation Expenses by Award Type

The following table summarizes equity‑based compensation expense by type of award for the three and nine months ended September 30, 2025 and 2024 (in thousands):

 

 

 

Three Months Ended September 30,

 

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

 

2025

 

 

2024

 

Stock options

 

$

9

 

 

$

69

 

 

 

$

32

 

 

$

1,851

 

Restricted stock awards

 

 

24

 

 

 

33

 

 

 

 

55

 

 

 

992

 

ESPP

 

 

 

 

 

 

 

 

 

 

 

 

(22

)

 

 

$

33

 

 

$

102

 

 

 

$

87

 

 

$

2,821