General form of registration statement for all companies including face-amount certificate companies

Share-Based Compensation (Tables)

v3.22.2
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share Based Compensation [Line Items]  
Share-based Payment Arrangement, Cost by Plan [Table Text Block]
Share-based compensation, inclusive of amounts included in inventory, for the periods presented was as follows:
 
    
Years ended December 31,
 
(in thousands)
  
2021
    
2020
 
Stock options
   $ 416      $ 580  
Restricted stock units
             225        —    
Restricted stock awards
     —                  540  
PredaSAR options
     37        110  
    
 
 
    
 
 
 
Share-based compensation
  
$
678
 
  
$
1,230
 
    
 
 
    
 
 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
    
Years ended December 31,
 
    
2020
 
    
Range
 
    
Low
   
High
 
Expected term (in years)
             6.25               6.25  
Expected volatility
     110     120
Expected dividend yield
     0     0
Risk-free interest rate
     0.46     0.56
Share-based Payment Arrangement, Option, Activity [Table Text Block]
 
    
Number of
Options
    
Weighted-
Average
Exercise
Price
    
Aggregate
Intrinsic
Value
(in thousands)
    
Weighted-
Average
Remaining
Contractual
Term (Years)
 
Outstanding as of December 31, 2020
     115,791      $ 24.59      $ 5,763        6.25  
Granted
     —          —                      
Exercised
     (21,716      10.90                    
Forfeited
     (17,119      32.16                    
    
 
 
    
 
 
                   
Outstanding as of December 31, 2021
     76,956      $ 26.76      $ 12,797        5.39  
    
 
 
    
 
 
    
 
 
    
 
 
 
Exercisable as of December 31, 2021
     58,445      $ 23.16      $ 9,929        4.62  
    
 
 
    
 
 
    
 
 
    
 
 
 
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
 
    
Number of RSUs
    
Weighted-
Average
Grant-Date

Fair Value
 
Unvested as of December 31, 2020
     —        $ —    
Granted
     568,414        83.60  
Vested
     —          —    
Forfeited
     (31,788      89.26  
    
 
 
    
 
 
 
Unvested as of December 31, 2021
     536,626      $ 83.27  
    
 
 
    
 
 
 
Prior to Cancellation Of PredaSAR Plan [Member]  
Share Based Compensation [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] The fair value of the stock options immediately prior to cancellation was estimated using the Black-Scholes option pricing model using the following assumptions:
    
Range
 
    
Low
   
High
 
Expected term (in years)
     5.50       6.01  
Expected volatility
     105     105
Expected dividend yield
     0     0
Risk-free interest rate
     0.95     0.95
PredaSAR Plan [Member]  
Share Based Compensation [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
    
Year ended December 31,
 
    
2020
 
    
Range
 
    
Low
   
High
 
Expected term (in years)
             6.25               6.25  
Expected volatility
     110     110
Expected dividend yield
     0     0
Risk-free interest rate
     0.43     0.65
Share-based Payment Arrangement, Option, Activity [Table Text Block]
The following table summarizes activity related to stock options granted under the PredaSAR Plan during 2021:
 
    
Number of
Options
    
Weighted-
Average
Exercise
Price
    
Aggregate
Intrinsic
Value
(in thousands)
    
Weighted-
Average
Remaining
Contractual
Term (Years)
 
Outstanding as of December 31, 2020
     1,967      $ 988.64      $ —          9.50  
Granted
     —          —                      
Exercised
     —          —                      
Forfeited
     (45      917.25                    
Cancelled and replaced
     (1,922      990.31                    
    
 
 
    
 
 
                   
Outstanding as of December 31, 2021
     —        $ —        $ —          —    
    
 
 
    
 
 
    
 
 
    
 
 
 
Exercisable as of December 31, 2021
     —        $ —        $ —          —