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Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Stock Compensation [Abstract]  
Schedule of Option Activity



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Number of
Shares

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Life (In Years)

 

Aggregate
Intrinsic
Value

Outstanding at December 31, 2018

 

 

4,678,420 

 

$

2.81 

 

 

 

 

 

 

Options granted

 

 

1,438,695 

 

 

0.65 

 

 

 

 

 

 

Options exercised

 

 

(12,500)

 

 

0.70 

 

 

 

 

 

 

Options forfeited

 

 

(9,200)

 

 

2.66 

 

 

 

 

 

 

Options cancelled or expired

 

 

(690,430)

 

 

1.54 

 

 

 

 

 

 

Outstanding at December 31, 2019

 

 

5,404,985 

 

$

2.40 

 

 

3.52 

 

$

 —

Vested or expected to vest at December 31, 2019 (1)

 

 

5,401,528 

 

$

2.40 

 

 

3.52 

 

$

 —

Exercisable at December 31, 2019

 

 

5,232,179 

 

$

2.40 

 

 

3.52 

 

$

 —



(1) The expected to vest options are the result of applying the pre-vesting forfeiture rate assumptions to total unvested options. 

Schedule of Allocation of Non-Cash Stock-Based Compensation



 

 

 

 

 

 



 

Twelve Months Ended



 

December 31,



 

2019

 

2018

Cost of revenues

 

$

25 

 

$

36 

Research and development

 

 

85 

 

 

95 

Selling, general and administrative

 

 

441 

 

 

479 

Total stock compensation expense

 

$

551 

 

$

610 



Schedule of Key Assumptions of Fair Value of Stock Options Granted



 

 

 

 

 

 



 

 

 

 

 

 



Twelve Months Ended



December 31,



2019

 

2018

Dividend yield

 

 %

 

 %

Risk free interest rates

 

1.77-2.48

 %

 

2.16-2.75

 %

Expected  volatility

 

41.7 to 49.2

 %

 

46.4 to 50.0

 %

Expected term (in years)

 

3.5 to 4.0

 

 

3.5 to 4.8