Annual report pursuant to Section 13 and 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.24.0.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2023
SHARE-BASED COMPENSATION  
Schedule of fair value of options assumptions

​

​

​

​

​

​

​

​

​

​

Years Ended

​

December 31,

​

2023

​

2022

Expected term

​

6.9

years

​

​

9.0

years

Volatility

​

98

%

​

​

90

%

Dividend yield

​

—

%

​

​

—

%

Risk-free interest rate

​

3.85

%

​

​

2.01

%

Weighted average grant date fair value

$

2.75

​

​

$

3.54

​

Schedule of stock option activity

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted

​

​

​

​

​

​

​

​

Average

​

​

​

​

​

​

Weighted

​

Remaining

​

Aggregate

​

Number of

    

Average

​

Contractual Term

​

Intrinsic

​

Options

    

Exercise Price

​

(in years)

​

Value

Outstanding, vested and expected to vest at December 31, 2022

2,467,500

 

$

6.12

​

8.53

 

$

5,700

Granted

517,500

​

​

3.35

​

9.16

​

​

​

Exercised

—

​

​

—

​

—

​

​

​

Forfeited

—

​

​

—

​

—

​

​

​

Outstanding, vested and expected to vest at December 31, 2023

2,985,000

​

$

5.64

​

7.81

​

$

251,550

Exercisable

2,280,361

​

$

5.98

​

7.61

​

$

55,342