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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of stock option activity
The following table presents the outstanding stock option activity:
Number of OptionsWeighted
Average
Exercise
Price Per
Share
Weighted
Average
Remaining
Contractual
Term
(years)
Three months ended March 31, 2026:
Outstanding as of December 31, 2025175,578 $20.75 8.8
Granted— — — 
Exercised— — — 
Forfeited— — — 
Expired(2)4,104.00 — 
Outstanding as of March 31, 2026175,576 
(1)
20.70 8.6
Exercisable as of March 31, 2026123,085 28.30 8.5
(1) Includes options related to 603 shares that are inducement awards and not granted under the 2018 Plan.
Schedule of stock-based compensation expense
The stock-based compensation expense was recorded as follows (in thousands):
Three Months Ended
March 31,
20262025
Research and development$$
Selling, general and administrative2188
Total stock-based compensation expense$23 $91