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

  ​ ​ ​

Three-Month Periods Ended June 30, 

  ​ ​ ​

Six-Month Periods Ended June 30, 

($’s in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

$

$

$

$

Selling, general and administrative

 

1,437

 

1,336

 

2,426

 

2,659

Total non-cash share-based compensation expense

$

1,437

$

1,336

$

2,426

$

2,659

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

528,755

5.12

Exercised

(93,144)

2.47

Forfeited

(37,290)

4.25

Expired

(1,740)

6.31

Outstanding options at June 30, 2026

 

1,906,125

$

3.98

$

5,906,045

 

6.85

Options vested and exercisable at June 30, 2026

 

919,323

$

2.67

$

4,050,081

 

4.55

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

 

437,804

 

5.31

Vested

(394,382)

4.72

Forfeited

(43,631)

4.47

Unvested balance at June 30, 2026

1,847,931

$

5.17