Quarterly report [Sections 13 or 15(d)]

SHARE-BASED COMPENSATION (Tables)

v3.26.3
SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2026
SHARE-BASED COMPENSATION  
Summary of components of share-based compensation expense

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

Three-Month Periods Ended September 30, 

  ​ ​ ​

Nine-Month Periods Ended September 30, 

($’s in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

​

$

—

​

$

—

​

$

—

​

$

—

Selling, general and administrative

​

 

1,333

​

 

1,854

​

 

3,759

​

 

4,513

Total non-cash share-based compensation expense

​

$

1,333

​

$

1,854

​

$

3,759

​

$

4,513

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

​

(102,964)

​

​

2.67

​

​

—

​

—

Forfeited

​

(59,567)

​

​

4.59

​

​

—

​

—

Expired

​

(2,900)

​

​

6.31

​

​

—

​

—

Outstanding options at September 30, 2026

 

1,872,868

​

$

3.96

​

$

5,388,037

 

6.48

Options vested and exercisable at September 30, 2026

 

1,027,143

​

$

2.76

​

$

4,187,521

 

4.26

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

 

587,804

​

 

5.75

Vested

​

(939,838)

​

​

4.64

Forfeited

​

(68,208)

​

​

4.76

Unvested balance at September 30, 2026

​

1,427,898

​

$

5.59