Annual report [Section 13 and 15(d), not S-K Item 405]

SHARE-BASED COMPENSATION (Tables)

v3.25.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
SHARE-BASED COMPENSATION  
Schedule of fair value of options assumptions

Years Ended

December 31,

2024

2023

Expected term

6.7

years

6.9

years

Volatility

103

%

98

%

Dividend yield

%

%

Risk-free interest rate

4.28

%

3.85

%

Weighted average grant date fair value

$

2.59

$

2.75

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, 2023

2,985,000

 

$

5.64

7.81

 

$

251,550

Granted

895,000

3.10

9.19

Exercised

Forfeited

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

3,880,000

$

5.05

7.36

$

Exercisable

3,030,972

$

5.59

6.91

$