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

Stock Based Awards (Tables)

v3.25.1
Stock Based Awards (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Common Stock Available for Future Issuance

The following table presents information concerning common stock available for future issuance (in thousands) as of December 31, 2024:

 

    Shares Available
for Grant
 
Balance at December 31, 2023     275  
Restricted Stock Units (RSU) Granted     (256 )
Cancelled or returned     8  
Balance at December 31, 2024     27  
Schedule of Stock Option Transactions

The following table summarizes stock option transactions for the 2015 Plan, collectively, for year ended December 31, 2024 (in thousands, except per share amounts):

 

    Total Options
Outstanding
    Weighted Average
Exercise Price
    Aggregate
Intrinsic Value
 
Balance at December 31, 2022     350     $ 15.36     $ -  
Granted     209       2.67       -  
Expired     (1 )     22.89       -  
Balance at December 31, 2023     558     $ 10.37     $           -  
Exercised     -       -       -  
Granted     -       -       -  
Cancelled     (8 )     -       -  
Balance at December 31, 2024     550     $ 10.37     $ -  
Schedule of Weighted Average Assumptions Used for Grants

Assumptions:        
Weighted average per share grant date fair value   $ 2.67  
Risk-free interest rate     3.96 %
Expected dividend yield     0.00 %
Expected volatility     112.02 %
Expected terms (in years)     5.77  
Schedule of Common Stock Reserved for Future Issuance

The following table presents information concerning common stock available for future issuance as of December 31, (in thousands):

    2024     2023  
             
Stock options issued and outstanding     806       558  
Shares authorized for future option grants     27       275  
Warrants outstanding     -       11  
Total     833       844  
Schedule of Restricted Stock Units

 

    Total
Restricted
Stock units
Outstanding
    Weighted Average
Fair Value
    Aggregate
Intrinsic Value
 
Unvested December 31, 2023     -     $ -     $          -  
Granted     256       -       -  
Forfeited     -       -       -  
Vested     92       1.76       -  
Unvested and expected to vest at December 31, 2024     164     $ 1.76     $ -