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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2019
Shareholders' Equity [Abstract]  
Summary Of Stock Option Activity



 

 

 

 

 



 

Outstanding Options



 

Number of Shares

 

Weighted Average Exercise Price

Balance at January 1, 2019

 

3,825,083 

 

$

0.48 

Options granted

 

205,000 

 

 

0.28 

Options cancelled/expired

 

(139,899)

 

 

0.64 

Balance at March 31, 2019

 

3,890,184 

 

$

0.46 

Exercisable, March 31, 2019

 

3,161,973 

 

$

0.47 

Vested and expected to vest

 

3,703,458 

 

$

0.46 



Summary Of Restricted Stock Activity



 

 

 

 

 

 



 

Restricted Shares

 

Weighted-Average Grant Date Fair Value

 

Weighted-Average Contractual Life

Non-vested restricted stock at January 1, 2019

 

253,363

$

0.31

 

9.4

Granted

 

358,560

 

0.25

 

—

Vested

 

(121,623)

 

0.37

 

—

Cancelled/expired

 

—

 

—

 

—

Non-vested restricted stock at March 31, 2019

 

490,300

$

0.26

 

9.7



Summary Of Stock-Based Compensation Expense



 

 

 

 

 

 



 

Three months ended March 31,



 

2019

 

2018

Type of awards:

 

 

 

 

 

 

Stock options

 

$

32 

 

$

31 

Restricted stock

 

 

31 

 

 

18 



 

$

63 

 

$

49 



 

 

 

 

 

 

Income statement account:

 

 

 

 

 

 

Selling and marketing

 

$

15 

 

$

15 

General and administrative

 

 

48 

 

 

34 



 

$

63 

 

$

49 



Summary Of Weighted-Average Assumptions



 

 

 

 

 

 

 

 



 

Three months ended March 31,



 

2019

 

2018

Expected dividend yield

 

 

—

 

 

 

—

 

Expected stock price volatility

 

 

65.4 

%

 

 

67.0 

%

Risk-free interest rate

 

 

2.6 

%

 

 

2.6 

%

Expected term (in years)

 

 

6.0 

years

 

 

5.6 

years

Weighted-average grant date fair-value

 

$

0.17 

 

 

$

0.23