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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Stock-Based Compensation [Abstract]  
Classification of Stock-Based Compensation Expense
The following table presents the classification of stock-based compensation expense recognized for the periods below:

   
Three months ended
June 30
   
Six months ended
June 30
 
(in thousands)
 
2024
   
2023
   
2024
   
2023
 
Selling, general and administrative expense
 
$
115
   
$
179
   
$
272
   
$
351
 
Research and development expense
   
     
18
     
1
     
27
 
Total stock-based compensation expense
 
$
115
   
$
197
   
$
273
   
$
378
 
Weighted Average Assumptions used in Black-Scholes Option Pricing Model

The weighted-average assumptions used in the Black-Scholes option-pricing model are as follows for the stock options granted during the three and six months ended June 30, 2024 and 2023:




 
Three months ended
   
Six months ended
 

 
June 30
   
June 30
 

 
2024
   
2023
   
2024
   
2023
 
Expected volatility
   
138.70
%
   
132.13
%
   
138.70
%
   
156.35
%
Expected Life of options (years)
   
5.51
     
6.08
     
5.51
     
6.23
 
Expected dividend yield
   
0
%
   
0
%
   
0
%
   
0
%
Risk-free interest rate
   
3.94
%
   
3.75
%
   
3.94
%
   
4.13
%