Quarterly report [Sections 13 or 15(d)]

Share-based compensation

v3.25.2
Share-based compensation
6 Months Ended
Jun. 30, 2025
Share-based compensation  
Share-based compensation

Note 11 — Share-based compensation

The following table shows the total share-based compensation expense included in the unaudited consolidated statements of operations (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Six months ended

​

​

​

​

June 30, 

​

June 30, 

​

​

    

2025

    

2024

    

2025

    

2024

​

Research and development

​

$

305

​

$

994

​

$

173

​

$

1,808

​

Selling, general and administrative

​

 

1,016

​

 

2,063

​

 

1,817

​

​

4,352

​

​

​

$

1,321

​

$

3,057

​

$

1,990

​

$

6,160

​

​

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

​

Six months ended

​

​

​

​

June 30, 

​

June 30, 

​

​

​

2025

    

2024

    

2025

    

2024

​

Number of options over ordinary shares granted

​

​

24,711,600

​

​

1,795,872

​

​

24,711,600

​

​

43,982,424

​

Weighted average fair value of ordinary shares options

​

$

0.07

​

$

0.19

​

$

0.07

​

$

0.12

​

Number of additional options with a nominal exercise price granted

​

​

24,944,376

​

​

2,540,640

​

​

24,944,376

​

​

30,655,824

​

Weighted average fair value of options with a nominal exercise price

​

$

0.10

​

$

0.24

​

$

0.10

​

$

0.15

​

​