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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Activity for Stock Option Plans

A summary of activity for the Company’s stock option plans for the three months ended March 31, 2021 is as follows:

 

 

 

Number

Outstanding

 

 

Average Exercise

Price per Share

 

 

Weighted Average

Remaining

Contractual Term

(Years)

 

 

Aggregate

Intrinsic

Value

 

Balance at December 31, 2020

 

 

550,769

 

 

$

5.56

 

 

 

4.88

 

 

$

1,875,719

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled or Expired

 

 

(292

)

 

 

14.40

 

 

 

 

 

 

 

 

 

Exercised

 

 

(5,254

)

 

 

6.50

 

 

 

 

 

 

 

 

 

Balance at March 31, 2021

 

 

545,223

 

 

$

5.53

 

 

 

4.68

 

 

$

3,318,621

 

Vested or expected to vest at

    March 31, 2021

 

 

545,223

 

 

$

5.53

 

 

 

4.68

 

 

$

3,318,621

 

Exercisable at March 31, 2021

 

 

545,223

 

 

$

5.53

 

 

 

4.68

 

 

$

3,318,621

 

Summary Information about Options Outstanding

The following table summarizes information about options outstanding as of March 31, 2021:

 

 

 

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

 

 

458,510

 

 

 

5.09

 

 

$

4.43

 

 

 

458,510

 

 

$

4.43

 

$7.50 - $11.25

 

 

66,544

 

 

 

2.94

 

 

 

10.04

 

 

 

66,544

 

 

 

10.04

 

$11.30 - $16.95

 

 

13,472

 

 

 

1.43

 

 

 

12.86

 

 

 

13,472

 

 

 

12.86

 

$17.60 - $26.40

 

 

6,697

 

 

 

0.49

 

 

 

21.55

 

 

 

6,697

 

 

 

21.55

 

$4.36 - $26.40

 

 

545,223

 

 

 

4.68

 

 

$

5.53

 

 

 

545,223

 

 

$

5.53

 

Summary of Stock Unit Activity

The following is a summary of RSU activity for the three months ended March 31, 2021:

 

 

 

 

Number

Outstanding

 

 

Weighted Average

Fair Value

 

Unvested at December 31, 2020

 

 

682,563

 

 

$

4.34

 

Granted

 

 

82,151

 

 

 

11.18

 

Vested

 

 

(124,558

)

 

 

5.32

 

Forfeited

 

 

(7,063

)

 

 

2.93

 

Unvested at March 31, 2021

 

 

633,093

 

 

$

5.05

 

Shares vested but not released

 

 

344,726

 

 

$

5.08

 

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 condensed consolidated statements of comprehensive loss for the three months ended March 31, 2021 and 2020 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Cost of revenue

 

$

33

 

 

$

40

 

Research and development

 

 

162

 

 

 

174

 

Selling and marketing

 

 

103

 

 

 

126

 

General and administrative

 

 

460

 

 

 

300

 

Total

 

$

758

 

 

$

640

 

 

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 three months ended March 31, 2021:

 

 

 

Number

Outstanding

 

Unvested at December 31, 2020

 

 

200,000

 

Granted

 

 

 

Vested

 

 

(20,000

)

Forfeited

 

 

 

Unvested at March 31, 2021

 

 

180,000