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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Stock-Based Compensation  
Summary of incentive plan activity

Weighted

Weighted Average

Shares

Stock

Average

Remaining

Aggregate

Available

Options

RSUs

Stock Option

Contractual Life

Intrinsic

(in thousands, except share and per share data)

    

for Grant

    

Outstanding

    

Outstanding

    

Exercise Price

    

(Years)

    

Value*

Outstanding at January 1, 2021

2,652

20,229

5

$

950.90

8.71

$

364

Additional shares authorized

25,358

Options granted

(13,547)

13,547

405.45

Options exercised

(42)

100.35

Options canceled

448

(448)

2,285.32

RSUs granted

(6,494)

6,494

RSUs vested and released

RSUs cancelled

Outstanding at December 31, 2021

8,417

33,286

6,499

$

707.97

8.35

$

3

Additional shares authorized

151,079

Options granted

(44)

44

23.46

Options exercised

Options canceled

5,251

(5,251)

418.34

RSUs granted

(41,725)

41,725

RSUs vested and released

(2,516)

RSUs cancelled

(843)

Outstanding at December 31, 2022

122,978

28,079

44,865

$

592.73

7.19

$

Exercisable at December 31, 2022

 

26,102

$

614.51

 

7.11

$

Vested and expected to vest at
December 31, 2022

 

27,901

$

594.38

 

7.18

$

*Fair market value of Jaguar stock on December 31, 2022 was $6.52 per share.

Summary of stock-based compensation expense

Year Ended

December 31,

(in thousands)

    

2022

    

2021

Research and development expense

$

1,263

$

1,319

Sales and marketing expense

 

267

 

319

General and administrative expense

 

1,788

 

2,336

Total

$

3,318

$

3,974

Employee stock options  
Stock-Based Compensation  
Schedule of estimated grant-date fair value of stock options calculated using the Black-Scholes option-pricing model

Year Ended

December 31,

    

2022

    

2021

Volatility

164.0%

163.8 - 164.0 %

Expected term (years)

5.0

 

5.0

Risk-free interest rate

3.2%

  

0.5 - 1.2 %

Expected dividend yield