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Equity Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2022
Equity Incentive Plans  
Schedule of stock option activity under the Equity Plans

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Weighted

    

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Average

 

Weighted

 

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Aggregate

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Exercise Price

 

Average Remaining

 

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Intrinsic

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Options

    

Per Share

    

Life in Years

    

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Value

Outstanding at December 31, 2021

 

8,525,618

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$

4.48

 

7.58

 

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Granted

​

3,900,000

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$

1.51

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Forfeited

 

(492,915)

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$

2.17

 

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Outstanding at September 30, 2022

 

11,932,703

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$

3.60

 

7.65

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$

1

Options exercisable at September 30, 2022

 

6,907,653

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$

5.01

 

6.39

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Options vested and expected to vest at September 30, 2022

 

11,932,703

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$

3.60

 

7.65

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$

1

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

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Nine Months

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Nine Months

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Ended September 30,

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Ended September 30,

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2022

    

2021

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Expected volatility

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82.70

%

66.94

%

Weighted average risk-free interest rate

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3.06

%

0.81

%

Expected dividend yield

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0.00

%

0.00

%

Expected term (in years)

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6.48

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6.82

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Schedule of RSU activity under the 2016 Plan

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Weighted

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Average Grant

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Number of Shares

    

Date Fair Value

Outstanding at December 31, 2021

 

935,606

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$

1.76

Awarded

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2,650,000

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$

1.93

Outstanding at September 30, 2022

 

3,585,606

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$

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

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

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2022

    

2021

    

2022

    

2021

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Research and development

 

$

634

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$

477

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$

1,805

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$

1,220

General and administrative

 

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619

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526

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1,918

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1,528

Total

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$

1,253

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$

1,003

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$

3,723

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$

2,748