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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of stock option activity
The following table summarizes stock option activity for the six months ended months ended June 30, 2023:
Options
Outstanding
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Outstanding at January 1, 2023268,323 $146.35 7.8$— 
Granted2,800 4.75 
Expired(14,930)149.28 
Forfeited(12,838)35.55 
Outstanding at June 30, 2023243,355 150.21 6.94— 
Vested as of June 30, 2023172,673 178.73 6.08— 
Expected to vest as of June 30, 202370,682 80.54 9.06— 
Schedule of assumptions used to estimate the fair values of share options granted
For the options with service conditions, the assumptions used to estimate the fair values of the stock options granted in the six months ended June 30, 2023 and 2022 as follows:
Six Months Ended
June 30, 2023June 30, 2022
Expected term (in years)
5.38
5.51-5.53
Expected volatility
128%
123%-124%
Expected dividend yield— %— %
Risk free interest rate
3.91%
1.69%-2.87%
Schedule of warrants outstanding and exercisable
June 30, 2023December 31, 2022
Warrants OutstandingNumber of
Warrants
Outstanding and
Exercisable
Number of
Warrants
Outstanding and
Exercisable
Exercise
Price
Expiration
Date
Acuitas— 40,000 $36.25 November 14, 2027
Acuitas— 40,000 $36.25 November 27, 2027
Total— 80,000