Subsequent Events |
9 Months Ended |
|---|---|
Sep. 30, 2020 | |
| Subsequent Events [Abstract] | |
| Subsequent Events |
9. Subsequent Events
Stock Incentive Plan
On October 5, 2020, the Company granted 2,000,000 stock options under the 2014 Plan to an employee. The stock options have an exercise price of $0.05 per share and a fair market value of $0.04 per share on the date of grant. The stock options vest 10% on the grant date with the remaining 90% vesting semi-annually over a four-year period.
In connection with the departure of the Company’s Chief Medical Officer, 3,968,271 stock options have been forfeited on November 6, 2020. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|