8.  Stock-Based Compensation

As of June 30, 2022, an aggregate of 6,018,136 shares of common stock were authorized under the Company’s 2019 Stock Incentive Plan (the “2019 Plan”), subject to an “evergreen” provision that will automatically increase the maximum number of shares of common stock that may be issued under the term of the 2019 Plan. As of June 30, 2022, 864,396 common shares were available for future grants under the 2019 Plan. As of June 30, 2022, 291,667 shares of common stock were authorized under the Company’s 2016 Consolidated Stock Incentive Plan (the “2016 Plan”) and 147,041 common shares were available for future grants under the 2016 Plan.

The Company recorded stock-based compensation expense in the following expense categories of its unaudited condensed consolidated statements of operations for the three and nine months ended June 30, 2022 and 2021:

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Stock Options

Below is a table summarizing the options issued and outstanding as of and for the nine months ended June 30, 2022:

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As of June 30, 2022, unrecognized compensation costs associated with the stock options of $3.1 million will be recognized over an estimated weighted-average amortization period of 1.4 years.

The intrinsic value of options exercised during the nine months ended June 30, 2022 and 2021 was $0.1 million and $0.06 million, respectively.

The weighted average grant date fair value of options granted during the nine months ended June 30, 2022 and 2021 was $1.40 and $4.29, respectively.

Key assumptions used to estimate the fair value of the stock options granted during the nine months ended June 30, 2022 and 2021 included:

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Restricted Stock

A summary of the changes in the unvested restricted stock during the nine months ended June 30, 2022 is as follows:

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Restricted Stock Units

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Below is a table summarizing the restricted stock units granted and outstanding as of and for the nine months ended June 30, 2022:

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