Quarterly report [Sections 13 or 15(d)]

Share-Based Compensation (Tables)

v3.25.1
Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Summary of Stock Options Activity

The following table summarizes total share option activity for all Company plans:

 

 

Equity Plans

 

 

Inducement Plan

 

 

Total

 

Options outstanding December 31, 2024

 

 

836,887

 

 

 

4,833

 

 

 

841,720

 

Granted

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(2,084

)

 

 

(826

)

 

 

(2,910

)

Expired

 

 

(4,583

)

 

 

 

 

 

(4,583

)

Options outstanding March 31, 2025

 

 

830,220

 

 

 

4,007

 

 

 

834,227

 

The following table summarizes the number of options outstanding and the weighted-average exercise price as of March 31, 2025:

 

 

Number of
Shares

 

 

Weighted
Average Exercise
Price

 

 

Weighted
Average
Remaining
Contractual Life
in Years

 

 

Aggregate
Intrinsic
Value
(in thousands)

 

Options outstanding December 31, 2024

 

 

841,720

 

 

$

2.37

 

 

 

7.76

 

 

$

549

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(2,910

)

 

$

1.62

 

 

 

 

 

 

 

Expired

 

 

(4,583

)

 

$

6.59

 

 

 

 

 

 

 

Options outstanding March 31, 2025

 

 

834,227

 

 

$

2.35

 

 

 

7.16

 

 

$

163

 

Exercisable at March 31, 2025

 

 

591,058

 

 

$

2.88

 

 

 

6.81

 

 

$

108

 

Summary of Share-based Compensation Expense

The Company’s share-based compensation expense was classified in the condensed consolidated statements of operations and comprehensive loss as follows:

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Research and development expense

 

$

19

 

 

$

96

 

General and administrative expense

 

 

42

 

 

 

42