XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.3

Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2023

Stock Based Compensation [Abstract]

Schedule of Stock Based Compensation Expense

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

Nine Months Ended

​

September 30,

September 30,

​

2023

2022

2023

2022

​

General and administrative

​

$

279

​

$

255

​

$

801

​

$

724

​

Research and development

​

​

111

​

$

134

​

$

350

​

$

396

​

Stock-based compensation costs before income taxes

​

$

390

​

$

389

​

$

1,151

​

$

1,119

​

Schedule of Fair Value of the Stock Options Granted

​

​	​	​	​	​
​	​	​	​	​
​	​	Nine months ended	​	Nine months ended
​		September 30, 2023		September 30, 2022
Expected term (years)		5-6		5-6
Risk free interest rate		3.660%  – 4.050%	​	1.370% – 3.605%
Volatility		89% – 92%	​	86% – 93%
Expected dividend yield over expected term		0.00%	​	0.00%

Schedule of Share Option Activity

A summary of the share option activity and related information is as follows:

​	​	​	​	​	​	​	​	​	​	​
​		​		​	​		Weighted		​	​
​		​		Weighted			Average		​	​
​		Number of		Average			Remaining		Aggregate
​	​	Options		Exercise			Contractual	​	Intrinsic
​	​	Outstanding	​	Price Per Share			Term (Years)	​	Value ($000)
Options outstanding at December 31, 2022		1,610,590	​	$	5.85		8.34	​	$	—
Granted		650,128	​	$	0.59		—	​		—
Cancelled/forfeited		(79,030)	​	$	15.47		—	​		—
Options outstanding at September 30, 2023		2,181,688	​	$	3.93		8.21	​	$	—
Unvested at September 30, 2023		994,421	​	$	1.59		9.20	​	$	—
Vested and exercisable at September 30, 2023		1,187,267	​	$	5.89		7.38	​	$	—

Schedule of Restricted Stock Units Activity

​

​	​	​	​	​	​	​	​
​		​		Weighted		​	Weighted
​		​		Average		​	Average
​	​	Restricted		Grant Date		​	Remaining
​	​	Stock Units	​	Value Per Share		​	Term
Restricted Stock Units outstanding at September 30, 2023	​	521,971	​	$	1.08	​	9.21 years
Unvested at September 30, 2023		400,927	​	$	0.82	​	9.45 years
Vested and exercisable at September 30, 2023		121,044	​	$	1.95	​	8.42 years

​

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration