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Stock Option Plans (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Activity Under Stock Option Plan

Stock option activity under the Company's stock options plans for the years ending December 31, 2021 and 2020 were as follows:

 

(in thousands, except share and per share data)

 

Number of Shares

 

 

Weighted-
Average Exercise
Price

 

 

Weighted-
Average
Contractual
Term (Years)

 

 

Aggregate
Intrinsic Value

 

Outstanding, December 31, 2019

 

 

5,842,879

 

 

3.21

 

 

 

 

 

 

 

Granted

 

 

2,222,368

 

 

3.39

 

 

 

 

 

 

 

Exercised

 

 

(338,333

)

 

2.01

 

 

 

 

 

 

 

Cancelled

 

 

(886,195

)

 

4.22

 

 

 

 

 

 

 

Outstanding, December 31, 2020

 

 

6,840,719

 

 

3.81

 

 

 

 

 

 

 

Granted

 

 

9,380,438

 

 

2.62

 

 

 

 

 

 

 

Exercised

 

 

(363,109

)

 

2.86

 

 

 

 

 

 

 

Cancelled

 

 

(5,192,179

)

 

3.65

 

 

 

 

 

 

 

Outstanding, December 31, 2021

 

 

10,665,869

 

 

$

2.87

 

 

 

8.67

 

 

$

 

Options exercisable, December 31, 2021

 

 

4,410,312

 

 

$

3.85

 

 

 

7.53

 

 

$

 

Options exercisable, December 31, 2020

 

 

3,596,315

 

 

$

4.17

 

 

 

6.90

 

 

$

598

 

Options available for future grant at December 31, 2021

 

 

30,564

 

 

 

 

 

 

 

 

 

 

Summary of Non-Vested Restricted Stock

A summary of the status of restricted stock as of December 31, 2021 and 2020 is as follows:

 

 

 

Number of Shares

 

 

Weighted-Average
Grant Date Fair
Value

 

Non-vested, December 31, 2019

 

 

939,636

 

 

 

2.93

 

Granted

 

 

805,900

 

 

 

3.75

 

Vested

 

 

(764,359

)

 

 

3.51

 

Cancelled

 

 

(194,897

)

 

 

3.44

 

Non-vested, December 31, 2020

 

 

786,280

 

 

 

3.08

 

Granted

 

 

1,601,224

 

 

 

2.60

 

Vested

 

 

(754,137

)

 

 

3.40

 

Cancelled

 

 

(434,787

)

 

 

3.45

 

Non-vested, December 31, 2021

 

 

1,198,580

 

 

$

2.10