Post-effective amendment to a registration statement that is not immediately effective upon filing

Share-Based Compensation (Tables)

v3.22.1
Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of share-based compensation expense
 

Year Ended
   

December 31,
2021

  

December 31,
2020

Share-based compensation award type:

        

Stock Options

  

1,293

  

1,366

RSUs

  

10,158

  

286

Total Shared Based Compensation Expense

  

11,451

  

1,652
Schedule of weighted average assumptions
 

Weighted Average Assumptions
   

December 31,
2021

  

December 31,
2020

Risk-free interest rate

  

0.78% – 1.09%

  

0.22% – 0.41%

Expected dividend yield

  

0.0%

  

0.0%

Expected volatility

  

75% to 90%

  

85% to 90%

Expected life (in years)

  

5.00 – 6.25

  

0.14 – 5.00
 

Weighted Average
Assumptions
   

December 31,
2021

Grant date share price

  

$

13.68

Risk-free interest rate

  

 

0.52%

Expected dividend yield

  

 

0.0%

Expected volatility

  

 

90%

Expected life (in years)

  

 

1.3 – 3.8
Schedule of stock option activity
 

Stock Options

  

Weighted-Average Exercise
Price

  

Weighted-Average
Remaining
Contractual
Term (Years)

  

Aggregate Intrinsic Value

Balance as at December 31, 2019

  

1,195,544

 

  

$

14.18

  

3.21

  

$

3,194

Granted

  

121,291

 

  

$

6.71

  

3.64

  

$

—

Exercised

  

(88,706

)

  

$

0.24

  

—

  

$

705

Forfeited

  

(331,241

)

  

$

11.86

  

—

  

$

—

Balance as at December 31, 2020

  

896,888

 

  

$

5.22

  

3.96

  

$

2,889

Granted

  

64,736

 

  

$

13.81

  

9.23

  

 

  

Exercised

  

(40,942

)

  

$

0.24

  

—

  

$

434

Forfeited

  

(46,830

)

  

$

10.65

  

—

  

$

—

Expired

  

(89,659

)

  

$

9.43

  

—

  

$

—

Balance as at December 31, 2021

  

784,193

 

  

$

5.91

  

3.68

  

$

—

Vested and expected to vest as at December 31, 2021

  

772,912

 

  

$

5.85

  

3.69

  

$

—

Vested and exercisable as at December 31, 2021

  

496,830

 

  

$

5.83

  

3.61

  

$

—
Schedule of time-based restricted share unit activity
 

Restricted Share Units

  

Weighted-Average
Grant Date Fair Value

Unvested as of December 31, 2019

  

—

 

  

$

—

Granted

  

83,715

 

  

$

3.25

Vested

  

(2,989

)

  

$

3.25

Canceled/forfeited

  

(2,092

)

  

$

3.25

Unvested as of December 31, 2020

  

78,634

 

  

$

3.25

Granted

  

592,213

 

  

 

12.61

Vested

  

(151,000

)

  

 

13.86

Canceled/forfeited

  

(17,146

)

  

 

7.86

Unvested as of December 31, 2021

  

502,701

 

  

$

10.93
 

Restricted Share Units

  

Weighted-Average Grant Date Fair Value

Unvested as of December 31, 2020

  

—

 

  

$

—

Granted

  

1,256,785

 

  

 

13.06

Vested

  

(117,895

)

  

 

13.91

Canceled/forfeited

  

(65,559

)

  

 

13.53

Unvested as of December 31, 2021

  

1,073,331

 

  

$

12.94