XML 54 R45.htm IDEA: XBRL DOCUMENT v3.25.1
Note 6 - Equity Incentive Plans (Details Textual)
1 Months Ended 3 Months Ended 12 Months Ended
Aug. 07, 2023
shares
Feb. 06, 2023
Days
$ / shares
shares
Apr. 30, 2021
USD ($)
shares
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Number of options, Granted (in shares)         12,300  
Maximum shares issued under ESPP | $         $ 11,000 $ 17,000
Weighted-average grant date fair value of options granted | $ / shares         $ 3.8 $ 12.33
Unrecognized compensation cost weighted-average period of recognition         1 year 5 months 26 days  
Unrecognized compensation cost related to outstanding options | $         $ 200,000  
Grant date fair value of the options vested | $         400,000 $ 300,000
Share-Based Payment Arrangement, Expense | $         633,000 606,000
Research and Development Expense [Member]            
Share-Based Payment Arrangement, Expense | $         263,000 240,000
General and Administrative Expense [Member]            
Share-Based Payment Arrangement, Expense | $         370,000 366,000
Restricted Stock Units [Member]            
Grant date fair value of the options vested | $         100,000 $ 100,000
Unrecognized compensation cost related to outstanding RSUs | $         $ 0  
Performance Based Stock Units [Member]            
Number of Restricted Stock Units, Granted   4,580        
Number of Stock Units, Vested         0  
Risk free interest rate         3.74%  
Expected stock price volatility         76.60%  
Cost of equity         27.99%  
Expected contractual life         9 years 7 months 28 days  
Number of shares forfeited         1,192  
Number of shares unvested and outstanding         2,952 4,144
Performance Based Stock Units [Member] | Tranche One [Member]            
Exercise price | $ / shares   $ 48        
Award Vesting Rights Percentage   50.00%        
Consecutive trading day period | Days   20        
Granted, Weighted Average Grant Date Fair Value | $ / shares         $ 22.5  
Service period         1 year 9 months  
Performance Based Stock Units [Member] | Tranche Two [Member]            
Exercise price | $ / shares   $ 63.75        
Award Vesting Rights Percentage   50.00%        
Consecutive trading day period | Days   20        
Granted, Weighted Average Grant Date Fair Value | $ / shares         $ 22.05  
Service period         2 years 5 months 23 days  
Time-based RSU [Member] | Research and Development Expense [Member]            
Share-Based Payment Arrangement, Expense | $       $ 125,000    
Time-based RSU [Member] | General and Administrative Expense [Member]            
Share-Based Payment Arrangement, Expense | $       $ 129,000    
The 2021 EIP and Inducement Plan [Member]            
Common Stock capital shares reserved for future issuance (in shares)         37,586  
The 2021 EIP and Inducement Plan [Member] | Restricted Stock Units [Member]            
Number of Restricted Stock Units, Granted         0  
Number of Stock Units, Vested         23,067  
Exercise price | $ / shares         $ 0 $ 17.3
Granted, Weighted Average Grant Date Fair Value | $ / shares         $ 0  
Number of shares forfeited         1,128  
2013 Plan [Member]            
Common Stock capital shares reserved for future issuance (in shares)         0  
The 2021 ESPP [Member]            
Common Stock capital shares reserved for future issuance (in shares)         19,086  
Percentage of purchase price of common stock     85.00%      
Maximum number of shares per employee (in shares)     5,000      
Maximum shares issued under ESPP | $     $ 25,000,000      
Shares issued under the ESPP         4,501  
Share based compensation expense | $         $ 19,000,000 $ 18,000,000
2021 Inducement Plan [Member]            
Common Stock capital shares reserved for future issuance (in shares)         52,941  
Number of options, Granted (in shares) 66,666