SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2022

SHARE-BASED COMPENSATION

Summary of stock based compensation classified in the consolidated statements of operations

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2022		2021		2022		2021
Research and development	$	(17)	$	6	$	(11)	$	9
General and administrative		34		89		84		138
Total	$	17	$	95	$	73	$	147

Summary of option activity

				Weighted
		Weighted		Average
		Average		Remaining	Aggregate
		Exercise		Contractual	Intrinsic
Options	Shares	Price		Term in Years	Value
Outstanding at December 31, 2021	14,582	$	437.78	9.18		$	—
Cancelled/Forfeited	(600)	$	27.50
Outstanding as of June 30, 2022	13,982	$	455.39	8.67		$	—
Vested and Exercisable as of June 30, 2022	8,882	$	701.08	8.65		$	—
Vested and expected to vest as of June 30, 2022	13,982	$	455.39	8.67		$	—

Summary of restricted stock unit activity

The following table summarizes the restricted securities activity for the six months ended June 30, 2022;

		Weighted-Average
Restricted Securities	Number of Grants	Grant Date Fair Value
Unvested balance as of December 31, 2021	254	$	387.05
Forfeited	(54)	$	385.38
Unvested balance as of June 30, 2022	200	$	387.50