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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Assumptions Used to Calculate Fair Value of Options Granted to Employees

The fair value of stock options granted to employees during the three and nine months ended September 30, 2022 and 2021 was estimated at the date of grant using the following assumptions:

 

 

 

Three and Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

Risk-free interest rate

 

 

2.99

%

 

 

0.73

%

Expected dividend yield

 

0%

 

 

0%

 

Expected term

 

5.22 years

 

 

5.22 years

 

Expected volatility

 

68.02%

 

 

 

68.48

%