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

  ​ ​ ​

Three-Month Periods Ended March 31, 

($’s in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

$

$

Selling, general and administrative

 

989

 

1,323

Total non-cash share-based compensation expense

$

989

$

1,323

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, 2025

1,509,544

$

3.50

$

6,359,288

6.21

Granted

Exercised

(42,150)

1.70

Forfeited

(30,150)

3.90

Expired

Outstanding options at March 31, 2026

 

1,437,244

$

3.54

$

2,408,253

 

5.94

Options vested and exercisable at March 31, 2026

 

941,225

$

2.74

$

2,093,111

 

4.73

Schedule of restricted stock units

  ​ ​ ​

Weighted

Number of

average grant

  ​ ​ ​

units

  ​ ​ ​

date Fair value

Unvested balance at December 31, 2025

 

1,848,140

$

5.03

Granted

 

10,000

 

8.10

Vested

(122,267)

6.17

Forfeited

(33,869)

4.41

Unvested balance at March 31, 2026

1,702,004

$

4.97