Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

A summary of the Company’s outstanding stock option activity for the nine months ended September 30, 2023, and 2022 is as follows:

 

          September 30, 2023        
    Options     Weighted- Average  Exercise Price    

Weighted- Average

Remaining

Contractual  Life

(Years)

   

Intrinsic

Value

 
As of December 31, 2022     11,909     $ 234       6.9     $ -  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Forfeited     -       -       -       -  
Expired     -       -       -       -  
As of September 30, 2023     11,909     $ 120       7.2     $ -  
Exercisable at September 30, 2023     9,640     $ 299       7.2     $ -  
Vested and expected to vest at September 30, 2023     9,895     $ 120       7.2     $ -  

 

          September 30, 2022        
         

Weighted-

Average

   

Weighted-

Average

Remaining

Contractual
Life

    Intrinsic  
    Options     Exercise Price     (Years)     Value  
As of December 31, 2021     8,339     $ 391       8.7     $ 87,553  
Granted     3,570       45       10.0       -  
Exercised     -       -       -       -  
Forfeited     -       -       -       -  
Expired     -       -       -       -  
As of September 30, 2022     11,909     $ 238       8.4     $ -  
Exercisable at September 30, 2022     5,372     $ 464       7.8     $ -  
Vested and expected to vest at September 30, 2022     11,151     $ 248       8.4     $ -  
Schedule of Unrecognized Stock-based Compensation

Unrecognized stock-based compensation as of September 30, 2023, is as follows (in thousands):

 

          Weighted Average  
    Unrecognized Stock-Based    

Remaining

of Recognition

 
    Compensation     (in years)  
Stock options   $ 143       0.7  
Stock grants   $ 40       6.9