XML 32 R24.htm IDEA: XBRL DOCUMENT v3.22.1
Equity Incentive Plans (Tables)
3 Months Ended
Mar. 31, 2022
Equity Incentive Plans  
Summary of stock option activity under the Equity Plans

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

    

Weighted

    

​

    

​

​

​

​

​

 

Average

 

Weighted

 

​

Aggregate

​

​

​

 

Exercise Price

 

Average Remaining

 

​

Intrinsic

​

    

Options

    

Per Share

    

Life in Years

    

​

Value

Outstanding at December 31, 2021

 

8,525,618

​

$

4.48

 

7.58

 

$

7,673

Granted

​

650,000

​

$

1.97

​

​

​

​

​

Forfeited

 

(74,111)

​

$

2.11

 

​

​

​

​

Outstanding at March 31, 2022

 

9,101,507

​

$

4.32

 

7.45

​

$

697

Options exercisable at March 31, 2022

 

5,983,001

​

$

5.48

 

6.73

​

$

514

Options vested and expected to vest at March 31, 2022

 

9,101,507

​

$

4.32

 

7.45

​

$

697

Schedule of assumptions used to determine grant-date fair value of stock options

​

​

​

​

​

​

​

​

​

Three Months

​

Three Months

​

​

​

Ended March 31,

​

Ended March 31,

​

​

    

2022

    

2021

​

​

​

​

​

​

​

Expected volatility

​

82.70

%

66.94

%

Weighted average risk-free interest rate

​

1.67

%

0.66

%

Expected dividend yield

​

0.00

%

0.00

%

Expected term (in years)

​

6.01

​

6.86

​

Summary of RSU activity under the 2016 Plan

​

​

​

​

​

​

​

​

​

​

​

Weighted

​

​

​

​

Average Grant

​

    

Number of Shares

    

Date Fair Value

Outstanding at December 31, 2020

 

753,106

​

$

1.52

Awarded

 

275,000

​

$

2.57

Settled in cash

 

(92,500)

​

$

1.97

Outstanding at December 31, 2021

 

935,606

​

$

1.76

Awarded

​

2,575,000

​

$

1.94

Outstanding at March 31, 2022

 

3,510,606

​

$

1.89

Schedule of recognized stock-based compensation expense related to the issuance of stock option awards and RSUs to employees and non-employees in the condensed consolidated statements of operations

​

​

​

​

​

​

​

​

​

​

Three Months Ended March 31, 

​

    

2022

    

2021

​

​

​

​

​

​

​

Research and development

 

$

554

​

$

345

General and administrative

 

​

650

​

 

488

Total

​

$

1,204

​

$

833