Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.22.2
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Stock-based Compensation [Abstract]  
Stock-Based Compensation Expense
Stock-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,
 
 
 
2022
   
2021
   
2022
   
2021
 
General and administrative
 
$
276
   
$
288
   
$
571
   
$
481
 
Research and development
   
169
     
175
     
319
     
476
 
Total stock-based compensation
 
$
445
   
$
463
   
$
890
   
$
957
 
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, 2022 and 2021:

 
 
Three Months
Ended
June 30,
   
Six Months
Ended
June 30,
 
 
 
2022
   
2021
   
2022
   
2021
 
Expected stock price volatility
   
96.2
%
   
99.2
%
   
98.8
%
   
97.2
%
Expected life of options (years)
   
5.7
     
5.8
     
5.9
     
5.8
 
Expected dividend yield
   
0
%
   
0
%
   
0
%
   
0
%
Risk free interest rate
   
3.3
%
   
0.9
%
   
2.1
%
   
0.9
%