Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Stock-Based Compensation

Schedule of expenses relating to employee and non-employee stock-based awards

The Company’s results of operations include expenses relating to stock-based awards as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
Research and development	$	1,016	$	755	$	1,039
General and administrative		1,987		1,392		1,653
Total	$	3,003	$	2,147	$	2,692

Schedule of fair value of share-based awards to employees was estimated using Black Scholes model

	Year Ended December 31,
	2024		2023		2022
Risk-free interest rate	4.3	%	3.9	%	3.0	%
Expected volatility	102.3	%	97.1	%	83.8	%
Expected term (in years)	5.8		5.7		5.5
Expected dividend yield	0	%	0	%	0	%