Quarterly report [Sections 13 or 15(d)]

SHARE-BASED COMPENSATION (Tables)

v3.26.1
SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
SHARE-BASED COMPENSATION  
Summary of components of share-based compensation expense

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Three-Month Periods Ended June 30, 

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Six-Month Periods Ended June 30, 

($’s in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

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$

—

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$

—

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$

—

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$

—

Selling, general and administrative

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1,437

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1,336

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2,426

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2,659

Total non-cash share-based compensation expense

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$

1,437

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$

1,336

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$

2,426

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$

2,659

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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528,755

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5.12

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—

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—

Exercised

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(93,144)

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2.47

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—

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—

Forfeited

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(37,290)

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4.25

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—

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—

Expired

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(1,740)

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6.31

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—

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—

Outstanding options at June 30, 2026

 

1,906,125

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$

3.98

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$

5,906,045

 

6.85

Options vested and exercisable at June 30, 2026

 

919,323

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$

2.67

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$

4,050,081

 

4.55

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

 

437,804

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5.31

Vested

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(394,382)

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4.72

Forfeited

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(43,631)

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​

4.47

Unvested balance at June 30, 2026

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1,847,931

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$

5.17