BioXcel Therapeutics, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Stock-Based Compensation - Fair value assumptions (Details)

v3.20.2

Stock-Based Compensation - Fair value assumptions (Details) - $ / shares		6 Months Ended
	May 20, 2020	Jun. 30, 2020	Feb. 29, 2020	Sep. 26, 2019
Stock-Based Compensation
Authorized shares		4,020,516
Available for grant (in shares)		289,373
Terms of award	10 years
Vesting period	4 years
Fair value of grants per share			$ 32.00	$ 8.25
2020 Incentive Award Plan
Stock-Based Compensation
Authorized shares	911,000
Percentage of increase in common stock available for grant	4.00%
2017 Stock Plan
Stock-Based Compensation
Available for grant (in shares)	231,941
Employee Stock Purchase Plan 2020
Stock-Based Compensation
Authorized shares	100,000
Percentage of increase in common stock available for grant	1.00%
Maximum number of shares issued or transferred under ESPP	500,000
Purchase price, as a percent of fair market value	85.00%
Shares issued under ESPP		0
Options
Stock-Based Compensation
Expected stock price volatility, minimum (as a percent)		78.25%
Expected stock price volatility, maximum (as a percent)		86.06%
Risk-free rate of interest, minimum (as a percent)		0.36%
Risk-free rate of interest, maximum (as a percent)		2.38%
Expected dividend yield (as a percent)		0.00%
Options \| Minimum
Stock-Based Compensation
Exercise price per share (in dollars per share)		$ 13.60
Fair value of grants per share		$ 9.04
Expected Term (years)		4 years 8 months 12 days
Options \| Maximum
Stock-Based Compensation
Exercise price per share (in dollars per share)		$ 56.97
Fair value of grants per share		$ 42.71
Expected Term (years)		7 years

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Represents the percentage of aggregate number of shares of common stock outstanding of the immediately preceding calendar year as a increase to common stock available for grant under the plan.

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Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award.

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The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.

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The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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The maximum risk-free interest rate assumption that is used in valuing an option on its own shares.

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The minimum risk-free interest rate assumption that is used in valuing an option on its own shares.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Number of shares authorized for issuance under share-based payment arrangement.

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The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.

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Price of a single share of a number of saleable stocks of a company.

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Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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Purchase price of common stock expressed as a percentage of its fair value.

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