Annual report pursuant to Section 13 and 15(d)

Stock-based Compensation (Tables)

v3.22.1
Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of summarizes activity for stock options under all plans
                Weighted-        
    Number of           Average        
    Shares     Weighted-     Remaining     Aggregate  
    Underlying     Average     Contractual     Intrinsic  
    Outstanding     Exercise     Term     Value  
    Options     Price     (in Years)     (in thousands)  
Outstanding, December 31, 2020     786,047     $ 1.42       8.28     $         2,201  
Options granted     760,245     $ 3.82                  
Options forfeited     (27,907 )   $ 3.27                  
Options exercised     (307,317 )   $ 0.19                  
Outstanding, December 31, 2021     1,211,068     $ 3.19       8.66     $ 321  
                                 
Options vested and exercisable as of December 31, 2021     301,862     $ 3.19       7.94     $ 182  

 

Schedule of company has recorded stock-based compensation expense, allocated by functional
    Year Ended December 31, 2020     Year Ended December 31, 2021  
             
Research and development   $ 174     $ 721  
General and administrative     58       245  
Total stock-based compensation   $ 232     $ 966  

 

Schedule of fair value of awards granted to employees, directors and non-employees
    Year Ended
December 31,
2020
    Year Ended
December 31,
2021
 
Expected volatility           114.00 %      101.00 – 105.00 %
Risk-free interest rate           0.44 - 0.51 %     0.61 – 1.34 %
Dividend yield           - %     - %
Expected term           6.25 years        5.13 – 6.25 years