v3.26.1
SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 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

 

(447,923)

 

 

6.59

 

 

 

  ​

 

Expired

 

 

 

 

  ​

 

 

  ​

 

Options outstanding at June 30, 2026

 

1,190,110

 

$

5.67

 

8.50

 

$

2.74

 

Options exercisable at June 30, 2026

718,786

$

7.52

8.33

$

0.40

Schedule of stock-based compensation

Three Months Ended June 30, 

Six Months Ended June 30, 

(in thousands)

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

$

17

$

75

$

74

$

147

General and administration

 

195

 

184

 

393

 

362

Total

$

212

$

259

$

467

$

509