Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.23.1
STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award The following table contains information about the Company's equity incentive plans as of March 31, 2023:
Awards Reserved for Issuance Awards Exercised Awards Outstanding Awards Available for Grant
2016 Equity Incentive Plan 999,906  —  499,953  499,953 
2018 Equity Incentive Plan 29,920,933  4,022,133  13,326,509  12,572,291 
2019 Equity Incentive Plan 61,109,696  34,884  37,617,531  23,457,281 
Share-based Payment Arrangement, Activity
The following table sets forth the total stock-based compensation expense resulting from stock options and restricted grants of common stock to employees, directors and non-employee consultants in the consolidated statement of operations which are included in selling, general and administrative expenses:
(in thousands, except for shares / options)
  For the Three Months Ended
  March 31, 2023 March 31, 2022
Type of Award Number of
Shares or
Options
Granted		 Stock-Based
Compensation
Expense 		Number of
Shares or
Options
Granted		 Stock-Based
Compensation
Expense
 
Stock Options — $ 99  114,006,195 $ 1,821 
Stock Grants:
Employees (Common Stock) —  $ —  900,000 182 
Directors (Common Stock) — $ —  683,332 184 
Non–Employee Consultants (Common Stock) 16,181,230 $ 356  — — 
Total Stock–Based Compensation Expense $ 455  $ 2,187 
Share-based Payment Arrangement, Option, Activity
The following table summarizes the Company’s stock option activity and related information for the three months ended March 31, 2023:
Number of
Shares
Weighted-
Average Exercise
Price Per Share 		Weighted-
Average
Remaining
Contractual
Life 		Aggregate
Intrinsic
Value of
In-the-Money
Options
 
Options Outstanding as of January 1, 2023 52,821,099 $ 0.23 
Forfeited (9,489,523) $ 0.13 
Options Outstanding as of March 31, 2023 43,331,576 $ 0.23  7.6 years $ — 
Options Exercisable as of March 31, 2023 37,867,298 $ 0.27   7.4 years $ —