Quarterly report pursuant to Section 13 or 15(d)

Stockholders Equity and Stock-Based Compensation (Tables)

v3.24.2.u1
Stockholders Equity and Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Stockholders Equity and Stock-Based Compensation  
Schedule of assumptions used in fair value of stock options granted

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2024

 

 

2023

 

Expected volatility

 

 

75.36 %

 

 

68.13 %

Risk free interest rate

 

 

4.54 %

 

 

4.88 %

Dividend yield rate

 

 

 

 

 

 

Expected term

 

2 years

 

 

1 year

 

Closing price per share – common stock

 

$ 2.62

 

 

$ 4.31

 

Schedule of stock based compensation expense

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Research and development expenses

 

$ 0.1

 

 

$

 

 

$ 0.1

 

 

$ 0.1

 

General and administrative expenses

 

 

0.3

 

 

 

0.3

 

 

 

0.7

 

 

 

0.5

 

Total stock-based compensation expense

 

$ 0.4

 

 

$ 0.3

 

 

$ 0.8

 

 

$ 0.6