XML 29 R15.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 8 - Share-based Compensation
6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

(8)

Share-Based Compensation

 

The share-based compensation expense is recorded in research and development, and selling, general and administrative expenses based on the employee's or non-employee’s respective function. No share-based compensation was capitalized during the periods presented. Share-based compensation expense for the three and six months ended June 30, 2024 and 2023 was recorded as follows (in thousands):

 

   

Three months ended

   

Six months ended

 
   

June 30,

   

June 30,

 
   

2024

   

2023

   

2024

   

2023

 

Research and development

  $ 102     $ 134     $ 217     $ 273  

Selling, general and administrative

    82       183       171       322  

Total share-based compensation

  $ 184     $ 317     $ 388     $ 595  

 

The following table summarizes the activity of stock options and related information:

 

   

Number of

shares

   

Weighted

average exercise

price

   

Weighted

average

remaining

contractual

term (years)

   

Aggregate intrinsic

value
(in thousands)

 
                                 

Balance, December 31, 2023

    165,784     $ 52.67       6.8     $ 43  

Stock options forfeited

    (3,177 )     33.97                  

Stock options expired

    (6,965 )     57.37                  

Balance, June 30, 2024

    155,642     $ 52.85       6.7     $  

Exercisable, June 30, 2024

    106,464     $ 65.79       5.9     $  

 

Unrecognized share-based compensation for employee and nonemployee options granted through June 30, 2024 is approximately $1.0 million to be recognized over a remaining weighted average service period of 2.0 years.

 

Share-Based Compensation (RSUs)

 

There were no RSUs outstanding and hence there is no unrecognized share-based compensation at June 30, 2024 and December 31, 2023.