STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2023

STOCK-BASED COMPENSATION

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

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2023		2022		2023		2022
Research and development	$	—	$	1	$	1	$	(9)
General and administrative		38		36		137		119
Total	$	38	$	37	$	138	$	110

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	(8,546)	$	137.97
Outstanding as of September 30, 2023	129,322	$	29.40	8.96		$	—
Vested and Exercisable as of September 30, 2023	13,122	$	267.65	7.43		$	—
Vested and expected to vest as of September 30, 2023	129,322	$	29.40	8.96		$	—