The following table summarizes share option activity for the year ended December 31, 2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Options | | Weighted Average Exercise Price | | Weighted Average Remaining Contractual Term (in Years) | | Aggregate Intrinsic Value (in thousands) | | Outstanding as of December 31, 2020 | | 8,935,801 | | | $ | 6.08 | | | 7.76 | | $ | 338 | | | Granted | | 3,208,525 | | | $ | 2.77 | | | | | | | Exercised | | — | | | $ | — | | | | | | | Cancelled | | (1,519,264) | | | $ | 4.30 | | | | | | | Outstanding as of December 31, 2021 | | 10,625,062 | | | $ | 5.34 | | | 6.80 | | $ | — | | | Options vested and expected to vest as of December 31, 2021 | | 10,625,062 | | | $ | 5.34 | | | 6.80 | | $ | — | | | Options exercisable as of December 31, 2021 | | 7,384,269 | | | $ | 6.26 | | | 5.93 | | $ | — | |
The following table summarizes certain information regarding stock options for the years ended December 31, 2021 and 2020 (in thousands, except per share data): | | | | | | | | | | | | | | | | | 2021 | | 2020 | | Weighted average grant date fair value per share of options granted during the period | | $ | 2.18 | | | $ | 3.20 | | | Fair value per share of options vested during the period | | $ | 3.15 | | | $ | 3.51 | | | Cash received from options exercised during the period | | $ | — | | | $ | 83 | | | Intrinsic value of options exercised during the period | | $ | — | | | $ | 47 | |
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