Quarterly report [Sections 13 or 15(d)]

SHARE-BASED COMPENSATION (Tables)

v3.26.1
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
SHARE-BASED COMPENSATION  
Summary of components of share-based compensation expense

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Three-Month Periods Ended March 31, 

($’s in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

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$

—

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$

—

Selling, general and administrative

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989

​

 

1,323

Total non-cash share-based compensation expense

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$

989

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$

1,323

Schedule of stock option activities

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Weighted

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  ​ ​ ​

Weighted

  ​ ​ ​

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  ​ ​ ​

average

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Number

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average

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Aggregate

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remaining

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of

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exercise

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intrinsic

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contractual 

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  ​ ​ ​

Shares

  ​ ​ ​

price

  ​ ​ ​

value

  ​ ​ ​

life (years)

Outstanding options at December 31, 2025

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1,509,544

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$

3.50

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$

6,359,288

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6.21

Granted

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—

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—

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—

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—

Exercised

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(42,150)

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1.70

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—

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—

Forfeited

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(30,150)

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3.90

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—

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—

Expired

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—

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—

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—

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—

Outstanding options at March 31, 2026

 

1,437,244

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$

3.54

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$

2,408,253

 

5.94

Options vested and exercisable at March 31, 2026

 

941,225

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$

2.74

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$

2,093,111

 

4.73

Schedule of restricted stock units

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Weighted

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Number of

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average grant

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  ​ ​ ​

units

  ​ ​ ​

date Fair value

Unvested balance at December 31, 2025

 

1,848,140

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$

5.03

Granted

 

10,000

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8.10

Vested

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(122,267)

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​

6.17

Forfeited

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(33,869)

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​

4.41

Unvested balance at March 31, 2026

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1,702,004

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$

4.97