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Equity and Stock Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Employee Compensation Expenses Included in Consolidated Statements of Operations and Comprehensive Loss

The following table presents stock-based compensation expenses included in our consolidated statements of operations and comprehensive loss (in thousands):

 

 

 

Years ended
December 31,

 

 

 

2022

 

 

2021

 

Cost of services and other

 

$

21

 

 

$

23

 

Research and development

 

 

265

 

 

 

261

 

Selling and marketing

 

 

286

 

 

 

250

 

General and administrative

 

 

1,135

 

 

 

1,033

 

Stock-based compensation expense

 

$

1,707

 

 

$

1,567

 

Summary of Stock Option Transactions for Fixed Stock Option Plan

 

 

2022

 

 

2021

 

 

 

Options

 

 

Weighted
Average
Exercise
Price

 

 

Options

 

 

Weighted
Average
Exercise
Price

 

Outstanding at beginning of year

 

 

3,240,000

 

 

$

4.97

 

 

 

425,000

 

 

$

6.00

 

Granted

 

 

-

 

 

 

-

 

 

 

2,875,000

 

 

 

4.73

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited or cancelled

 

 

(680,000

)

 

 

5.00

 

 

 

(60,000

)

 

 

4.73

 

Outstanding at end of year

 

 

2,560,000

 

 

$

4.96

 

 

 

3,240,000

 

 

$

4.97

 

Exercisable at year end

 

 

250,000

 

 

$

6.00

 

 

 

218,748

 

 

$

6.00

 

Summary of Stock Options Outstanding

The following table summarizes the stock options outstanding at December 31, 2022:

 

 

 

Options Outstanding

 

 

Options Exercisable

 

Exercise Price Range

 

Number

 

 

Weighted
Average
Exercise
Price

 

 

Weighted
Average
Remaining
Contractual
Term
(in years)

 

 

Number

 

 

Weighted
Average
Exercise
Price

 

$4 to $5

 

 

2,316,250

 

 

$

4.72

 

 

 

8.11

 

 

 

62,500

 

 

$

4.50

 

$5 to $6

 

 

81,250

 

 

$

5.50

 

 

 

6.86

 

 

 

62,500

 

 

$

5.50

 

$6 to $7

 

 

81,250

 

 

$

6.50

 

 

 

6.86

 

 

 

62,500

 

 

$

6.50

 

$7 to $8

 

 

81,250

 

 

$

7.50

 

 

 

6.86

 

 

 

62,500

 

 

$

7.50

 

 

 

 

2,560,000

 

 

$

4.96

 

 

 

8.01

 

 

 

250,000

 

 

$

6.00