SHARE-BASED COMPENSATION, STOCK OPTIONS, AND RESTRICTED SECURITIES (Tables)

3 Months Ended

Mar. 31, 2020

SHARE-BASED COMPENSATION, STOCK OPTIONS, AND RESTRICTED SECURITIES

Schedule of stock-based compensation

(In thousands)	Three Months Ended March 31, 2020		Three Months Ended March 31, 2019
Research and development	$	20	$	24
General and administrative		50		43
Total	$	70	$	67

Schedule of assumptions used principally in determining the fair value of options granted

The assumptions used principally in determining the fair value of options granted during the three months ended March 31, 2019 were as follows:

	March 31,
	2019
Risk-free interest rate	2.55%
Expected dividend yield	0%
Expected term (employee grants)	6 Years
Expected volatility	105%

Summary of option activity

				Weighted
		Weighted		Average
		Average		Remaining	Aggregate
		Exercise		Contractual	Intrinsic
Options	Shares	Price		Term in Years	Value
Outstanding at December 31, 2019	4,187	$	1,077.78	8.17	$	—
Granted	—	$	—
Expired	—	$	—
Cancelled/Forfeited	—	$	—
Outstanding at March 31, 2020	4,187	$	1,077.78	7.90		—
Vested and Exercisable at March 31, 2020	2,036	$	2,024.87	7.08		—

Summary of restricted stock unit activity

		Weighted-Average
Restricted Securities	Number of Grants	Grant Date Fair Value
Unvested balance at December 31, 2019	7,086	$	33.78
Granted	—	$
Vested	—	$
Unvested balance at March 31, 2020	7,086	$	33.78