Quarterly report pursuant to Section 13 or 15(d)

Share-based Compensation (Tables)

v3.21.2
Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 2021
Share-based Compensation [Abstract]  
Share-Based Compensation Expense
Share-based compensation expense was included in general and administrative and research and development costs as follows in the accompanying condensed consolidated statements of comprehensive loss for the three and six month periods indicated below (in thousands):
 
 
 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
 
 
2021
   
2020
   
2021
   
2020
 
General and administrative
 
$
288
   
$
159
   
$
481
   
$
201
 
Research and development
   
175
     
157
     
476
     
176
 
Total share-based compensation
 
$
463
   
$
316
   
$
957
   
$
377
 
Weighted Average Assumptions Used in Black-Scholes Option-pricing Model
The weighted‑average assumptions used in the Black‑Scholes option‑pricing model are as follows during the three and six months ended June 30, 2021 and 2020:

 
 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
 
 
2021
   
2020
   
2021
   
2020
 
Expected stock price volatility
   
99.2
%
   
95.5
%
   
97.2
%
   
95.5
%
Expected life of options (years)
   
5.8
     
10.0
     
5.8
     
10.0
 
Expected dividend yield
   
0
%
   
0
%
   
0
%
   
0
%
Risk free interest rate
   
0.9
%
   
0.7
%
   
0.9
%
   
0.7
%