Share-based Compensation (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Compensation

Schedule of valuation assumptions for applying the Black-Scholes methodology to the options granted under share-based payments

Risk free interest rate, average	3.91%
Expected option life, average	5 years
Expected price volatility, average	91.47%
Expected dividend yield	0%

Schedule of stock option activity

	Number of shares			Weighted average exercise price
Options outstanding at beginning of year		607,810		$	5.03
Granted		—			—
Less:
Exercised		—			—
Forfeited prior to vesting		(20,000	)		—
Canceled or expired		—			—
Options outstanding at March 31, 2024		587,810			5.16
Options exercisable at end of March 31, 2024		416,898		$	6.76

Schedule of share-based compensation expense

	Three months ended March 31,
	2024		2023
Cost of goods sold	$	2	$	—
Sales and marketing		2		—
Research and product development		12		—
General and administrative		10		—
	$	26	$	—