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Share-based Compensation
3 Months Ended
Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Share-based Compensation

(8) Share-based Compensation

For the three month periods ended March 31, 2021 and 2020, the Company recognized the following non-cash, share-based compensation expense in the statements of operations (in thousands):

 

 

Three Months

Ended March 31,

 

 

 

2021

 

 

2020

 

 

Research and development

$

36

 

 

$

9

 

 

General and administrative

 

105

 

 

 

7

 

 

Total

$

141

 

 

$

16

 

 

 

 

Stock option transactions for the three month period ended March 31, 2021 under the Company’s stock incentive plans were as follows:

 

 

Number

of Options

 

 

Weighted Average Exercise Price

 

 

Weighted

Average

Remaining

Contractual

Term

(in years)

 

Options outstanding at December 31, 2020

 

531,238

 

 

$

8.71

 

 

 

9.68

 

Granted

 

67,200

 

 

 

4.30

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

Forfeited and cancelled

 

(1,941

)

 

 

72.33

 

 

 

 

 

Options outstanding at March 31, 2021

 

596,497

 

 

$

8.01

 

 

 

9.51

 

Options exercisable at March 31, 2021

 

66,125

 

 

$

38.02

 

 

 

7.68

 

Options vested and expected to vest

 

595,774

 

 

$

8.01

 

 

 

9.51