XML 37 R28.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity

The following table summarizes stock option activity for the nine months ended September 30, 2022:

  

   Number of Options  Weighted-Average Exercise Price 

Weighted-

Average Remaining

Contractual Term (Years)

  Aggregate Intrinsic Value
Outstanding — January 1, 2022   196,006   $52.72    8.12   $-   
Granted   123,357    6.45           
Forfeited or expired   (11,445)   200.12           
Outstanding — September 30, 2022   307,918   $28.70    8.22   $-   
Exercisable — September 30, 2022   136,308   $46.42    7.42   $-   
Schedule of Calculation of Fair Value Assumptions

Schedule of Calculation of Fair Value Assumptions 

  

Nine Months Ended

September 30,

   2022  2021
Expected option life (years)   6.03    5.98 
Risk-free interest rate   2.03%   0.62%
Expected volatility   113.28%   104.96%
Expected dividend yield   -%   -%
Schedule of Stock-based Compensation Expenses

The following table presents total stock-based compensation expense for the three and nine months ended September 30, 2022 and 2021, respectively (dollars in thousands):

 

   2022  2021  2022  2021
  

Three Months Ended

September 30,

 

Nine Months Ended

September 30,

   2022  2021  2022  2021
Research and development  $65   $53   $189   $164 
General and administrative   212    231    646    747 
Total stock-based compensation expense  $277   $284   $835   $911