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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of the activity related to the shares of common stock covered by outstanding options under the plans
A summary of the activity related to the shares of common stock covered by outstanding options is as follows:
Number of SharesWeighted Average Exercise PriceRemaining Contractual Term
(in years)
Aggregate Intrinsic Value
Balance at December 31, 2020339,108 $32.39 
Granted386,017 10.08 
Exercised— — 
Forfeited(1,509)12.92 
Expired(851)1,131.62 
Balance at December 31, 2021722,765 19.22 8.79$— 
Vested and expected to vest at December 31, 2021722,765 19.22 8.79$— 
Exercisable at December 31, 2021213,156 43.15 8.07$— 
Schedule of assumptions used in determining fair value of stock options granted using the Black-Scholes option pricing model
For the years ended December 31, 2021, and 2020, the Company determined the fair value of stock options using the Black-Scholes option pricing model with the following assumptions for option grants, respectively:
Year Ended December 31,
20212020
Expected dividend yield
Risk-free rate
0.7% - 1.7%
0.5% - 1.9%
Expected option term (in years)
6.1 - 10.0
6.1 - 10.0
Volatility
118% - 128%
111% - 129%
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of RSU activity for the year ended December 31, 2021 is as follows:
Number of RSUsWeighted Average Remaining Contractual Life (years)
Outstanding at December 31, 20208,500 
Awarded18,862 
Released(17,932)
Forfeited— 
Outstanding at December 31, 20219,430 0.16
Weighted average remaining recognition period (years)0.16