Annual report pursuant to Section 13 and 15(d)

Equity (Tables)

v3.24.1
Equity (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Summary of Stock Option Activity Following is a summary of stock option activity for the years ended December 31, 2023 and 2022:
(in thousands, except for per-share amount)   Number of
Options
    Weighted
Average
Exercise
Price ($)
    Weighted
Average
Remaining
Contractual
Term
(in years)
    Aggregate
Intrinsic
Value ($)
 
Outstanding, January 1, 2022     1,362       12.45       8.69      
-
 
Granted     2,094       5.25                  
Exercised    
-
     
-
                 
Cancelled     (60 )     12.90                  
Outstanding, December 31, 2022     3,396       8.00       8.85       15,204  
Granted     2,402       5.28                  
Exercised     (44 )     5.92                  
Cancelled     (309 )     8.30                  
Outstanding, December 31, 2023     5,445       6.80       8.70       373  
                                 
Exercisable, December 31, 2023     1,519       10.63       7.18       69  
Schedule of Summary of Restricted Stock Unit Activity Following is a summary of restricted stock unit (“RSUs”) activity for the years ended December 31, 2023 and 2022:
(in thousands, except for per-share amount)   RSUs     Weighted
Average
Grant Date Fair Value Per Share ($)
 
Outstanding, January 1, 2022    
-
     
-
 
Granted     325       5.96  
Vested    
-
     
-
 
Outstanding, December 31, 2022     325       5.96  
Granted     5       8.31  
Vested    
-
     
-
 
Cancelled     (25 )     7.31  
Outstanding, December 31, 2023     305       5.89  
Schedule of Warrant Activities Following is a summary of warrant activities for the years ended December 31, 2023 and 2022:
(in thousands, except for per-share amounts)   Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(in years)
    Aggregate
Intrinsic
Value
 
Outstanding, January 1, 2022     2,112       20.52       1.76       276  
Granted    
-
     
-
                 
Exercised    
-
     
-
                 
Cancelled     (669 )     29.01                  
Outstanding, December 31, 2022     1,443       16.58       1.33       5  
Granted     2       8.77       10.00          
Exercised    
-
     
-
                 
Cancelled     (3 )     106.80                  
Outstanding, December 31, 2023     1,442       16.42       0.34      
-
 
                                 
Exercisable, December 31, 2023     1,438       15.79       0.33      
-