Quarterly report [Sections 13 or 15(d)]

Share-Based Compensation (Tables)

v3.25.2
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 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

 

 

(27,096

)

 

 

(826

)

 

 

(27,922

)

Expired

 

 

(51,385

)

 

 

(1,507

)

 

 

(52,892

)

Options outstanding June 30, 2025

 

 

758,406

 

 

 

2,500

 

 

 

760,906

 

The following table summarizes the number of options outstanding and the weighted-average exercise price as of June 30, 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

 

 

$

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(27,922

)

 

$

1.06

 

 

 

 

 

 

 

Expired

 

 

(52,892

)

 

$

6.01

 

 

 

 

 

 

 

Options outstanding June 30, 2025

 

 

760,906

 

 

$

2.16

 

 

 

7.13

 

 

$

 

Exercisable at June 30, 2025

 

 

584,183

 

 

$

2.51

 

 

 

6.94

 

 

$

 

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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Research and development expense

 

$

16

 

 

$

26

 

 

$

35

 

 

$

122

 

General and administrative expense

 

 

40

 

 

 

42

 

 

 

82

 

 

 

84