Stockholders Deficit (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Summary of Stock Option Plans Activity

A summary of the Company’s stock option activity for the three months ended March 31, 2020 is as follows:

	Number of Shares			Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Balance at December 31, 2019		2,904,898		$	2.37		8.0	$	781
Granted		1,337,500			0.70
Exercised		-			-			$	-
Forfeited		(49,666	)		2.76
Expired/Cancelled		(35,743	)		3.70
Balance at March 31, 2020		4,156,989		$	1.81		8.4	$	-
Exercisable at March 31, 2020		1,756,893		$	2.45		7.1	$	-

Summary of Restricted Stock Unit ("RSU") Award Activity

The following table summarizes restricted stock unit (“RSU”) award activity for the three months ended March 31, 2020:

	Number of Shares			Weighted- Average Grant Date Fair Value Per Share
Balance at December 31, 2019		223,745		$	2.91
Granted		22,500			0.75
Released		(35,942	)		2.65
Balance at March 31, 2020		210,303		$	2.73
Vested and unissued at March 31, 2020		23,751		$	2.67

Summary of Stock-Based Compensation Recorded in the Condensed Consolidated Statements of Operations

Stock-based compensation expense recorded in the accompanying condensed consolidated statements of operations for the three months ended March 31, 2020 and 2019 was as follows:

	Three Months Ended March 31,
	2020		2019
Selling, general and administrative	$	358,012	$	181,981
Research and development		58,505		48,450
Cost of product and product-related services revenue		4,154		10,815
	$	420,671	$	241,246