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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following is a summary of stock option activity for the six months ended June 30, 2021:

 

 

 

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

 

 

(792

)

 

 

20.21

 

 

 

 

 

 

 

 

 

Exercised

 

 

(16,651

)

 

 

8.19

 

 

 

 

 

 

 

 

 

Balance at June 30, 2021

 

 

533,326

 

 

$

5.46

 

 

 

4.49

 

 

$

6,182,448

 

Vested or expected to vest at

    June 30, 2021

 

 

533,326

 

 

$

5.46

 

 

 

4.49

 

 

$

6,182,448

 

Exercisable at June 30, 2021

 

 

533,326

 

 

$

5.46

 

 

 

4.49

 

 

$

6,182,448

 

Summary Information about Stock Options Outstanding

The following table summarizes information about stock options outstanding as of June 30, 2021:

 

 

 

Stock Options Outstanding

 

 

Stock 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

 

 

454,010

 

 

 

4.87

 

 

$

4.41

 

 

 

454,010

 

 

$

4.41

 

$7.50 - $11.25

 

 

61,817

 

 

 

2.73

 

 

 

10.17

 

 

 

61,817

 

 

 

10.17

 

$11.30 - $16.95

 

 

11,302

 

 

 

1.23

 

 

 

13.03

 

 

 

11,302

 

 

 

13.03

 

$17.60 - $26.40

 

 

6,197

 

 

 

0.27

 

 

 

21.38

 

 

 

6,197

 

 

 

21.38

 

$4.36 - $26.40

 

 

533,326

 

 

 

4.49

 

 

$

5.46

 

 

 

533,326

 

 

$

5.46

 

Summary of Stock Unit Activity

The following is a summary of RSU activity for the six months ended June 30, 2021:

 

 

 

 

Number

Outstanding

 

 

Weighted Average

Fair Value

 

Unvested at December 31, 2020

 

 

682,563

 

 

$

4.34

 

Granted

 

 

136,356

 

 

 

12.20

 

Vested

 

 

(257,440

)

 

 

5.33

 

Forfeited

 

 

(42,973

)

 

 

4.32

 

Unvested at June 30, 2021

 

 

518,506

 

 

$

5.92

 

RSUs vested but not released

 

 

286,211

 

 

$

4.94

 

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 income (loss) for the three and six months ended June 30, 2021 and 2020 (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenue

 

$

48

 

 

$

41

 

 

$

81

 

 

$

81

 

Research and development

 

 

93

 

 

 

173

 

 

 

255

 

 

 

347

 

Selling and marketing

 

 

124

 

 

 

118

 

 

 

227

 

 

 

244

 

General and administrative

 

 

432

 

 

 

419

 

 

 

892

 

 

 

719

 

Total

 

$

697

 

 

$

751

 

 

$

1,455

 

 

$

1,391

 

 

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 six months ended June 30, 2021:

 

 

 

Number

Outstanding

 

Unvested at December 31, 2020

 

 

200,000

 

Granted

 

 

 

Vested

 

 

(23,500

)

Forfeited

 

 

 

Unvested at June 30, 2021

 

 

176,500