Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.22.2.2
Stock-based Compensation (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense

We recorded stock-based compensation expense for the three and nine month periods ended September 30, 2022 and 2021 as follows:

Schedule of Stock-based Compensation Expense 

    2022     2021     2022     2021  
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2022     2021     2022     2021  
Research and development   $ 1,067,613     $ 274,146     $ 1,945,113     $ 519,284  
General and administrative     2,146,202       840,095       4,106,968       1,768,579  
Total   $ 3,213,815     $ 1,114,241     $ 6,052,081     $ 2,287,863  
Schedule of Information About RSA Outstanding

Activity in our Restricted Stock Awards (“RSAs”) during the nine months ended September 30, 2022 was as follows:

 

    Number of
shares		     Weighted-
average
grant-date fair
value per share		  
Outstanding at January 1, 2022     91,109     $

7.74

  
Awarded     187,058     3.71  
Forfeited     (29,326 )     5.37  
Issued     (119,829 )     5.66  
                 
Outstanding at September 30, 2022     129,012     $ 4.37  
Schedule of Information About RSU Outstanding

Activity in our Restricted Stock Units (“RSUs”) during the nine months ended September 30, 2022 was as follows:

 

    Number of
shares		     Weighted-
average
grant-date fair
value per share		  
Outstanding at January 1, 2022     439,593     $

7.76

  
Awarded     2,343,575     3.11  
Forfeited     (42,875 )     5.35  
Issued     (3,500 )     6.65  
                 
Outstanding at September 30, 2022     2,736,793       3.82  
Vested and unissued     (569,392 )     4.87  
                 
Unvested at September 30, 2022     2,167,401     $ 3.54