XML 59 R30.htm IDEA: XBRL DOCUMENT v3.23.4
Share-Based Compensation (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Share-Based Compensation    
Summary of options activity

    

Number of

    

Exercise Price

Date

Options

Per Share

February 2022

 

12,950

$

49.00

March 2022

 

9,700

$

42.40

June 2022

 

1,425

$

24.80

October 2022

 

12,125

$

21.40

December 2022

 

32,600

$

10.20

May 10, 2023

 

1,425

$

5.97

May 19, 2023

 

115,000

$

5.67

    

    

Weighted

    

average

Weighted

exercise

average

Number of

price

contractual

shares

per share

term (years)

Outstanding at December 31, 2021

 

85,685

 

$

6.60

 

5.2

Granted

 

68,800

24.40

 

6.4

Exercised

 

(3,633)

1.60

 

Forfeited

 

 

Outstanding at December 31, 2022

 

150,852

14.80

 

5.3

Granted

 

116,425

5.67

 

0.9

Exercised

 

 

Forfeited

 

(5,275)

 

0.63

 

Outstanding at September 30, 2023

 

262,002

$

10.81

 

4.6

    

    

Weighted

    

average

Weighted

exercise

average

Number of

price

contractual

shares

per share

term (years)

Outstanding at December 31, 2020

 

1,756,279

 

$

0.25

 

5.9

Granted

 

36,393

3.91

 

5.5

Exercised

 

 

 

Forfeited

 

(78,979)

 

 

Outstanding at December 31, 2021

 

1,713,693

0.33

 

5.2

Granted

 

1,376,000

1.22

 

6.4

Exercised

 

(72,660)

 

0.08

 

Forfeited

 

 

 

Outstanding at December 30, 2022

 

3,017,033

$

0.74

 

5.3

Assumptions for estimating the fair value of options

    

Nine months ended September 30, 

    

2023

    

2022

Risk-free interest rate

 

4.01% - 4.72%

1.38% - 2.79%

Expected term (in years)

 

6.0

3.5 - 6.0

Expected volatility

 

100.6% - 100.8%

93.2%

Expected dividend yield

 

Fair value per share of underlying stock

$0.283 - $0.299

$1.24 - $2.45

Years ended December 31,

    

2022

    

2021

Risk-free interest rate

 

1.38% - 4.12

%

0.59

%

Expected term (in years)

 

3.5 - 10.0

6.0

Expected volatility

 

93.2

%

97.2

%

Expected dividend yield

 

Fair value per share of underlying stock

$

0.51 - $2.45

$

3.91