Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.23.1
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Assumptions for Stock Option Grants

 

    2022     2021  
Valuation assumptions                
Expected dividend yield     0.0 %     0.0 %
Expected volatility     56.3% - 70.72%       69.5%-123 %
Expected term (years) – simplified method     3.0 – 6.1       5.5 – 6.1  
Risk-free interest rate     1.74% – 3.20 %     0.95% – 1.39 %
Schedule of Stock Option Activity

Stock option activity during years ended December 31, 2022 and 2021 is as follows:

 

    Number of Options     Weighted average exercise price     Weighted average remaining contractual term  
Balance as of January 1, 2021     151,147     $ 9.10       8.7  
Granted     307,988       21.05          
StemoniX options exchanged for Vyant Bio options     (136,276 )     9.20          
Vyant Bio options issued to StemoniX option holders     174,652       7.20          
Options assumed in Merger     11,168       229.75          
Exercised     (7,419 )     6.05          
Forfeited     (34,462 )     18.45          
Expired     (2,777 )     9.60          
Balance as of December 31, 2021     464,021     $ 20.95       8.6  
Exercisable as of December 31, 2021     127,119     $ 27.90       7.1  
                         
Balance as of January 1, 2022     464,021     $ 20.95       8.6  
Granted     148,855       5.02          
Exercised     (1,034 )     4.80          
Forfeited     (141,306 )     17.64          
Expired     (42,235 )     36.33          
Balance as of December 31, 2022     428,301     $ 14.97       7.5  
Exercisable as of December 31, 2022     232,175     $ 18.18       6.4  
Schedule of Share Based Compensation Activity

The Company recognized stock-based compensation in continuing operations related to different instruments for the years ended December 31, as follows:

 

    2022     2021  
    December 31,  
    2022     2021  
Stock options   $ 782     $ 973  
Shares issued for services     404       30  
Total   $ 1,186     $ 1,003