Quarterly report pursuant to Section 13 or 15(d)

Stockholders Equity and Stock-Based Compensation (Tables)

v3.22.1
Stockholders Equity and Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Stockholders Equity and Stock-Based Compensation  
Schedule Of Share-based Compensation, Stock Options, Activity

Expected volatility

 

 

115.37 %

Risk free interest rate

 

 

1.02 %

Dividend yield rate

 

 

0

 

Weighted average years

 

2 years

 

Closing price per share - common stock

 

$ 6.27

 

Schedule Of Stock Option Transactions Of The Employees

 

 

Options

Outstanding

 

 

Weighted Average Exercise Price

 

 

Weighted Average Grant Date

Fair Value

 

Beginning of the year - January 1, 2022

 

 

538,713

 

 

$ 18.51

 

 

$ 12.92

 

Granted

 

 

13,514

 

 

 

6.27

 

 

 

3.70

 

Exercised

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

Expired

 

 

(8,930 )

 

 

8.25

 

 

 

2.80

 

End of the period - March 31, 2022

 

 

543,297

 

 

$ 18.37

 

 

$ 12.86

 

Options exercisable

 

 

531,531

 

 

$ 18.65

 

 

$ 13.05

 

Schedule Of Non-vested Options, Activity

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Fair Value

Grant Date

 

Non-vested – December 31, 2021

 

 

11,766

 

 

$ 5.71

 

 

$ 4.25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

13,514

 

 

 

6.27

 

 

 

3.70

 

Vested

 

 

(13,514 )

 

 

6.27

 

 

 

3.70

 

Forfeited

 

 

 

 

 

 

 

 

 

Non-vested– March 31, 2022

 

 

11,766

 

 

$ 5.71

 

 

$ 4.25

 

Schedule Of Stock Options Exercisable

 

 

 

Stock Options Outstanding

 

 

Stock Options Vested

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

Weighted

 

 

Remaining

 

 

 

 

 

Weighted

 

 

 

 

Contractual

 

 

Number

 

 

Average

 

 

Contractual

 

 

Number

 

 

Average

 

 

 

 

Life

 

 

of

 

 

Exercise

 

 

Life

 

 

of

 

 

Exercise

 

 

Exercise Prices

 

-Years

 

 

Awards

 

 

Price

 

 

-Years

 

 

Awards

 

 

Price

 

 $

3.82-$9.00

 

 

5.09

 

 

 

145,801

 

 

$ 5.10

 

 

 

4.77

 

 

 

134,035

 

 

$ 5.04

 

 $

9.01-$12.48

 

 

6.35

 

 

 

116,544

 

 

$ 10.80

 

 

 

6.35

 

 

 

116,544

 

 

$ 10.80

 

 $

12.49-$24.00

 

 

4.87

 

 

 

195,090

 

 

$ 14.23

 

 

 

4.87

 

 

 

195,090

 

 

$ 14.23

 

 $

24.01-$72.00

 

 

3.47

 

 

 

62,771

 

 

$ 55.07

 

 

 

3.47

 

 

 

62,771

 

 

$ 55.07

 

 $

72.01-$75.60

 

 

2.90

 

 

 

23,091

 

 

$ 75.59

 

 

 

2.90

 

 

 

23,091

 

 

$ 75.59

 

 

Total

 

 

5.00

 

 

 

543,297

 

 

$ 18.37

 

 

 

4.92

 

 

 

531,531

 

 

$ 18.65

 

Summary Of Rsus Activity

 

 

 

 

Weighted

 

 

 

Number

 

 

Average

 

 

 

of

 

 

Grant Date

 

 

 

Shares

 

 

Fair Value

 

Total RSAs outstanding at January 1, 2022

 

 

377,176

 

 

$ 10.69

 

Total RSAs granted

 

 

 

 

$

 

Total RSAs vested

 

 

 

 

$

 

Total RSAs forfeited

 

 

 

 

$

 

Total unvested RSAs outstanding at March 31, 2022

 

 

377,176

 

 

$ 10.69

 

Schedule Of Fair Value Of Options

 

 

Year Ending December 31,

 

 

 

2022

 

 

2023

 

 

2024

 

 

Total

 

Scheduled vesting

 

 

62,862

 

 

 

62,864

 

 

 

62,862

 

 

 

188,588

 

Schedule Of Stock Based Compensation Expense

 

 

For the Three Months

Ended

 

 

 

March 31,

 

 

 

2022

 

 

2021

 

Research and development expenses

 

$

 

 

$

 

General and administrative expenses

 

 

0.3

 

 

 

0.1

 

Total stock-based compensation expense

 

$ 0.3

 

 

 

0.1