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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Activity for Stock Options

A summary of activity for the Company’s stock options for the year ended December 31, 2020 follows:

 

 

 

Number

Outstanding

 

 

Average Exercise

Price per Share

 

 

Weighted Average

Remaining

Contractual Term

(Years)

 

 

Average

Intrinsic

Value

 

Balance at December 31, 2019

 

 

562,102

 

 

$

5.60

 

 

5.86

 

 

$

572,869

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled or Expired

 

 

(8,833

)

 

 

8.17

 

 

 

 

 

 

 

 

Exercised

 

 

(2,500

)

 

 

5.20

 

 

 

 

 

 

 

 

Balance at December 31, 2020

 

 

550,769

 

 

$

5.56

 

 

 

4.88

 

 

$

1,875,719

 

Vested or expected to vest at December 31, 2020

 

 

550,769

 

 

$

5.56

 

 

 

4.88

 

 

$

1,875,719

 

Exercisable at December 31, 2020

 

 

550,769

 

 

$

5.56

 

 

 

4.88

 

 

$

1,875,719

 

Summary Information about Stock Options Outstanding

The following table summarizes information about stock options outstanding as of December 31, 2020:

 

 

 

Options Outstanding

 

 

Options Exercisable

 

Range of Exercise Prices

 

Number

Outstanding

 

 

Weighted Average

Remaining

Contractual Life

(Years)

 

 

Weighted Average

Exercise

Price

 

 

Number

Exercisable

 

 

Weighted Average

Exercise

Price

 

$4.36 - $7.20

 

 

459,610

 

 

 

5.32

 

 

$

4.43

 

 

 

459,610

 

 

$

4.43

 

$7.50 - $11.25

 

 

70,698

 

 

 

3.05

 

 

 

9.95

 

 

 

70,698

 

 

 

9.95

 

$11.30 - $16.95

 

 

13,764

 

 

 

1.65

 

 

 

12.90

 

 

 

13,764

 

 

 

12.90

 

$17.60 - $26.40

 

 

6,697

 

 

 

0.74

 

 

 

21.55

 

 

 

6,697

 

 

 

21.55

 

$4.36 - $26.40

 

 

550,769

 

 

 

4.88

 

 

$

5.56

 

 

 

550,769

 

 

$

5.56

 

Summary of Stock Unit Activity

The following is a summary of RSU activity for the year ended December 31, 2020:

 

 

 

Number

Outstanding

 

 

Weighted Average

Fair Value

 

Unvested as of December 31, 2019

 

 

1,148,110

 

 

$

4.43

 

Granted

 

 

508,928

 

 

 

4.28

 

Vested

 

 

(726,968

)

 

 

4.31

 

Forfeited

 

 

(247,507

)

 

 

4.71

 

Unvested as of December 31, 2020

 

 

682,563

 

 

$

4.34

 

Shares vested but not released

 

 

298,100

 

 

$

5.05

 

Stock-Based Compensation Expense Related to Stock Options, RSUs and PSUs

The following table summarizes stock-based compensation expense related to stock options, RSUs, and PSUs included in the consolidated statements of comprehensive loss for the years ended December 31, 2020 and 2019 (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

Cost of revenue

 

$

160

 

 

$

128

 

Research and development

 

 

685

 

 

 

651

 

Selling and marketing

 

 

480

 

 

 

595

 

General and administrative

 

 

1,702

 

 

 

1,276

 

Total

 

$

3,027

 

 

$

2,650

 

Performance Stock Units  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Unit Activity

The following is a summary of PSU activity for the year ended December 31, 2020:

 

 

 

Number

Outstanding

 

 

Fair Value

 

Unvested as of December 31, 2019

 

 

 

 

$

 

Granted

 

 

200,000

 

 

 

6.38

 

Vested

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Unvested as of December 31, 2020

 

 

200,000

 

 

$

6.38