Quarterly report pursuant to Section 13 or 15(d)

SHARE BASED COMPENSATION (Tables)

v3.23.2
SHARE BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2023
SHARE-BASED COMPENSATION  
Summary of components of share-based compensation expense

    

Three-Month Periods Ended June 30,

    

Six-Month Periods Ended June 30,

($’s in thousands)

    

2023

    

2022

    

2023

    

2022

Research and development

$

30

$

$

64

$

Selling, general and administrative

 

843

 

774

 

1,455

 

1,547

Total non-cash compensation expense related to share-based compensation included in operating expense

$

873

$

774

$

1,519

$

1,547

Schedule of stock option activities

Weighted

    

    

Weighted

    

    

average

Number

average

Aggregate

remaining

of

exercise

intrinsic

contractual 

    

Shares

    

price

    

value

    

life (years)

Outstanding options at December 31, 2022

2,960,000

$

1.76

$

2,217,815

5.65

Granted

390,684

1.56

Exercised

(5,000)

0.68

Forfeited

(273,629)

3.32

Expired

(14,200)

3.65

Outstanding options at June 30, 2023

 

3,057,855

$

1.59

$

1,605,537

 

5.34

Options vested and exercisable at June 30, 2023

 

1,975,000

$

0.86

$

1,583,625

 

3.18

Schedule of restricted stock units

    

Weighted

average

Number of

grant date

    

units

    

Fair value

Unvested balance at December 31, 2022

 

2,261,048

$

4.05

Granted

 

10,000

 

1.79

Vested

(363,190)

4.17

Forfeited

(289,167)

4.24

Unvested balance at June 30, 2023

1,618,691

$

3.98