Annual report pursuant to Section 13 and 15(d)

Note 11 - Stock and Employee Benefit Plans (Tables)

v3.24.1
Note 11 - Stock and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

Years Ended December 31,

 
   

2023

   

2022

 

Risk free interest rate

    3.33% - 4.11%       1.43% - 3.39%  

Expected term (in years)

    5.5 - 5.73       5.5 - 5.73  

Dividend yield

           

Expected volatility

    79.5% - 98.6%       79.9% - 81.1%  
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
                   

Weighted-

         
           

Weighted-

   

Average

   

Aggregate

 
           

Average

   

Remaining

   

Intrinsic

 
   

Number of

   

Exercise

   

Contractual

   

Value

 
   

Options

   

Price

   

Life (in years)

   

(in thousands)

 

Outstanding, December 31, 2022

    13,430,366     $ 3.21             $  

Granted

    3,727,942       1.22                

Canceled/Forfeited

    2,655,237       2.65                

Outstanding, December 31, 2023

    14,503,071     $ 2.80       5.90     $  

Vested or expected to vest, December 31, 2023

    14,503,071     $ 2.80       5.90     $  

Exercisable, December 31, 2023

    10,292,063     $ 3.21       4.75     $  
                   

Weighted-

         
           

Weighted-

   

Average

   

Aggregate

 
           

Average

   

Remaining

   

Intrinsic

 
   

Number of

   

Exercise

   

Contractual

   

Value

 
   

Options

   

Price

   

Life (in years)

   

(in thousands)

 

Outstanding, December 31, 2022

    300,000     $ 4.65             $  

Granted

        $             $  

Canceled/Forfeited

        $             $  

Outstanding, December 31, 2023

    300,000     $ 4.65       5.67     $  

Vested or expected to vest, December 31, 2023

    300,000     $ 4.65       5.67     $  

Exercisable, December 31, 2023

    300,000     $ 4.65       5.67     $  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

Years Ended December 31,

 
   

2023

   

2022

 

Research and development

  $ 1,190     $ 1,905  

General and administrative

    2,159       2,497  

Total stock-based compensation

  $ 3,349     $ 4,402