Quarterly report pursuant to Section 13 or 15(d)

Share-based compensation (Tables)

v3.23.1
Share-based compensation (Tables)
3 Months Ended
Mar. 31, 2023
Share-based compensation  
Summary of share-based compensation expense included in the consolidated statements of operations

The share-based compensation expense decrease is driven largely by additional forefeitures of $1,796,500 in the quarter as a result of the recent restructuring. The following table shows the total share-based compensation expense included in the unaudited consolidated statements of operations (in thousands):

Three months ended

March 31, 

    

2023

    

2022

Research and development

$

116

$

2,523

General and administrative

 

1,560

 

3,063

$

1,676

$

5,586

Summary of all stock option activity

The following table shows information about share options and options which have a nominal exercise price (similar to restricted stock units (RSUs)) granted:

Three months ended

March 31, 

2023

    

2022

Number of options over ordinary shares granted

21,755,328

22,876,464

Weighted average fair value of ordinary shares options

$

0.25

$

0.43

Number of additional options with a nominal exercise price granted

19,866,912

17,688,432

Weighted average fair value of options with a nominal exercise price

$

0.32

$

0.59