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Share-Based Payments (Tables)
9 Months Ended
Sep. 30, 2022
Summary of Stock Options Valuation Assumptions
 
Stock option fair value assumptions during the nine months ended September 30, 2022
 
Weighted average share price at grant date in €
     4.3  
Weighted average expected volatility
     93.6
Weighted average risk-free interest rate
     0.89
Weighted average expected term (in years)
     6  
Dividend yield
     —    
Weighted average fair value of stock options in €
     3.3  
Summary of RSU Activity
Change in Number of BSA/SO/RSU:
 
    
Number of outstanding
 
    
BSA
    
SO
    
RSUs
 
Balance as of December 31, 2021
  
 
256,693
 
  
 
3,631,210
 
  
 
1,240,520
 
Granted during the period
     —          154,500        69,900  
Forfeited during the period
     —          (238,715      (92,326
Exercised/released during the period
     —          (5,613      (32,159
Expired during the period
     (5,000      —          —    
    
 
 
    
 
 
    
 
 
 
Balance as of September 30, 2022
  
 
251,693
 
  
 
3,541,383
 
  
 
1,185,936
 
    
 
 
    
 
 
    
 
 
 
Summary of Share-Based Payments Expenses
Share-based payments exp
e
nses reflected in the condensed consolidated statements of operations is as
follows:
 
 
  
Three Months Ended
September 30,
 
 
Nine Months Ended
September 30,
 
 
  
2022
 
 
2021
 
 
2022
 
 
2021
 
Research & development
     SO        (337     (273     (1,002     (952
       RSU        (201     (660     (594     (795
Sales & marketing
     SO        30       (60     (3     (172
       RSU        20       (27     4       (75
General & administrative
     SO        (423     (439     (1,599     (1,791
       RSU        (66     (92     (223     (293
             
 
 
   
 
 
   
 
 
   
 
 
 
Total share-based compensation (expense)
           
 
(976
 
 
(1,551
 
 
(3,416
 
 
(4,078