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Stockholders Deficit (Tables)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Summary of Stock Based Compensation Recognized in Consolidated Statement of Operations Stock-based compensation expense recorded in the accompanying condensed consolidated statements of operations for the three months ended March 31, 2021 and 2020 was as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Selling, general and administrative

 

$

319,849

 

 

$

358,012

 

Research and development

 

 

23,234

 

 

 

58,505

 

Cost of product and product-related services revenue

 

 

7,856

 

 

 

4,154

 

 

 

$

350,939

 

 

$

420,671

 

Equity Incentive Plans

Summary of Stock Option Plans Activity

A summary of the Company’s stock option activity for the three months ended March 31, 2021 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, 2020

 

 

487,227

 

 

$

16.78

 

 

 

8.6

 

 

$

1,536

 

Granted

 

 

333

 

 

 

5.99

 

 

 

 

 

 

 

 

 

Exercised

 

 

(75

)

 

 

4.35

 

 

 

 

 

 

$

107

 

Forfeited

 

 

(30,492

)

 

 

15.19

 

 

 

 

 

 

 

 

 

Expired/Cancelled

 

 

(3,498

)

 

 

27.02

 

 

 

 

 

 

 

 

 

Balance at March 31, 2021

 

 

453,495

 

 

$

16.80

 

 

 

8.4

 

 

$

3,740

 

Exercisable at March 31, 2021

 

 

213,614

 

 

$

24.99

 

 

 

7.5

 

 

$

1,179

 

 

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, 2021:

 

 

 

Number of

Shares

 

 

Weighted-

Average

Grant Date

Fair Value

Per Share

 

Balance at December 31, 2020

 

 

12,214

 

 

$

28.61

 

Released

 

 

(1,390

)

 

 

33.21

 

Forfeited

 

 

(2,373

)

 

 

51.00

 

Balance at March 31, 2021

 

 

8,451

 

 

$

21.55

 

Vested and unissued at March 31, 2021

 

 

992

 

 

$

26.11