STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2023

STOCK-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)	2023		2022		2023		2022
Research and development	$	—	$	(17)	$	1	$	(11)
General and administrative		38		34		99		84
Total	$	38	$	17	$	100	$	73

Summary of option activity

				Weighted
		Weighted		Average
		Average		Remaining	Aggregate
		Exercise		Contractual	Intrinsic
Options	Shares	Price		Term in Years	Value
Outstanding at December 31, 2022	136,568	$	36.46	9.72		$	—
Granted	1,300	$	2.30
Cancelled/Forfeited	(5,646)	$	207.55
Outstanding as of June 30, 2023	132,222	$	28.81	9.22		$	—
Vested and Exercisable as of June 30, 2023	13,122	$	267.65	7.68		$	—
Vested and expected to vest as of June 30, 2023	132,222	$	28.81	9.22		$	—