Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.24.1.1.u2
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2024
SHARE-BASED COMPENSATION  
Schedule of fair value of options assumptions

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

March 31,

​

2024

​

2023

Expected term

​

6.8

years

​

​

7.0

years

Volatility

​

103

%

​

​

98

%

Dividend yield

​

—

%

​

​

—

%

Risk-free interest rate

​

4.28

%

​

​

3.85

%

Weighted average grant date fair value

$

2.64

​

​

$

2.81

​

Schedule of stock option activity

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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, 2023

2,985,000

​

$

5.64

​

7.81

​

$

251,550

Granted

835,000

​

​

3.15

​

9.92

​

​

​

Exercised

—

​

​

—

​

—

​

​

​

Forfeited

—

​

​

—

​

—

​

​

​

Outstanding, vested and expected to vest at March 31, 2024

3,820,000

​

$

5.10

​

8.07

​

$

—

Exercisable

2,492,056

​

$

5.92

​

7.40

​

$

—