v3.26.1
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
SHARE-BASED COMPENSATION  
Schedule of share activity under the share option plans

  ​ ​ ​

Weighted-

Average

Weighted-

Remaining

Weighted-

Aggregate

Average

Contractual

Average

Intrinsic

Number of

Exercise

Term

Fair Value at

Value

Shares

Price

(Years)

Grant Date

(in thousands)

Options outstanding at January 1, 2026

 

1,643,122

 

$

5.90

 

8.95

 

$

3.12

 

Granted

 

 

  ​

 

 

  ​

 

Exercised

(5,089)

0.04

Forfeited

 

(36,524)

 

 

4.76

 

 

 

  ​

 

Expired

 

 

 

 

  ​

 

 

  ​

 

Options outstanding at March 31, 2026

 

1,601,509

 

$

5.95

 

8.55

 

$

2.92

 

Options exercisable at March 31, 2026

898,017

$

8.06

8.19

$

0.36

Schedule of stock-based compensation

Three Months Ended March 31, 

(in thousands)

2026

  ​ ​ ​

2025

Research and development

$

57

$

72

General and administration

 

198

 

178

Total

$

255

$

250