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SHARE BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of share-based compensation awards granted for options and RSUs during the period
In the years ended December 31, 2022 and 2021, the Company granted options and RSUs as follows:
Year ended December 31, 2022
Award amountExercise price rangeVesting periodExpiration
Employees and Directors:
Options48,861 
$5.62- $10.98
1 year - 4 years
10 years
RSU40,339 — 
4 years
— 
Year ended December 31, 2021
Award amountExercise price rangeVesting periodExpiration
Employees and Directors:
Options93,689 
$30.24- $199.44
1 year - 4 years
10 years
RSU53,934 — 
2 years - 4 years
— 
Summary of underlying data used for computing the fair value of the options
The underlying data used for computing the fair value of the options are as follows:
Year ended December 31,
20222021
Fair value of stock option
$3.55-$7.49
$18.36-$121.50
Dividend yield%%
Expected volatility
73.70%-74.40%
68.38%-69.38%
Risk-free interest rate
2.20%-2.92%
0.50%-1.29%
Expected term6 years6 years
Summary of the number of options outstanding
The following table summarizes the number of options outstanding for the year ended December 31, 2022, and related information:
Number of optionsWeighted Average Exercise Price
Outstanding at December 31, 2021224,664 $165.12 
Granted48,861 10.35 
Forfeited(26,234)102.28 
Expired(17,504)157.35 
Outstanding at December 31, 2022229,787 $138.92 
Exercisable at December 31, 2022145,272 $182.66 
Summary of the number of RSUs outstanding
The following table summarizes the number of RSUs outstanding for the year ended December 31, 2022:
Number of RSUs
Outstanding at December 31, 202170,133 
Awarded40,339 
Vested(13,375)
Forfeited(13,481)
Outstanding at December 31, 202283,616 
Summary of share-based compensation expenses
The following table illustrates the effect of share-based compensation on the statements of operations:
Year ended December 31,
20222021
Research and development expenses1,230 1,714 
Selling, general and administrative3,419 5,243 
Discontinued Operations*(352)1,123 
4,297 8,080 
*Income from stock-based compensation is related to forfeitures.