Share-based Compensation

9 Months Ended

Sep. 30, 2022

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Share-based Compensation

(8) Share-based Compensation

For the three and nine month periods ended September 30, 2022 and 2021, the Company recognized the following non-cash, share-based compensation expense in the statements of operations (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Research and development	$	17	$	41	$	109	$	115
General and administrative		80		63		327		263
Total	$	97	$	104	$	436	$	378

Stock option transactions for the nine month period ended September 30, 2022 under the Company’s stock incentive plans were as follows:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)
Options outstanding at December 31, 2021		904,123		$	5.59		9.18
Granted		12,000			2.27
Exercised	—			—
Forfeited and cancelled		(186,891	)		3.31
Options outstanding at September 30, 2022		729,232		$	6.12		7.59
Options exercisable at September 30, 2022		335,467		$	9.34		6.34
Options vested and expected to vest		729,037		$	6.12		7.59