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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]  
A summary of stock option activity under our 2011 Equity Incentive Plan (“2011 Plan”) for the three months ended March 31, 2022 is presented below (in thousands, except per share and contractual life data).

A summary of stock option activity under our 2011 Equity Incentive Plan (“2011 Plan”) for the three months ended March 31, 2022 is presented below (in thousands, except per share and contractual life data).

 

  

Number of

Shares

  

Weighted

Average

Exercise

Price

Per Share

  

Weighted

Average

Remaining

Contractual

Life (in Years)

 
Options outstanding as of December 31, 2021   182   $15.68    6.59 
Granted      $      
Exercised      $      
Forfeited or expired   (2)  $40.00      
Options outstanding as of March 31, 2022   180   $15.47    6.40 
Options exercisable as of March 31, 2022   151   $17.76    6.11 
Stock-based compensation expense recognized for stock-based awards in the condensed consolidated statements of operations for the three months ended March 31, 2022 and 2021 was as follows (in thousands):

Stock-based compensation expense recognized for stock-based awards in the condensed consolidated statements of operations for the three months ended March 31, 2022 and 2021 was as follows (in thousands):

 

  

Three Months Ended

March 31,

   2022  2021
Research and development   5    5 
Clinical and regulatory   3    9 
General and administrative   5    5 
Total  $13   $19