XML 44 R32.htm IDEA: XBRL DOCUMENT v3.20.4
Convertible Preferred Stock and Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Summary of Reserved Shares of Common Stock

The Company has reserved shares of common stock for conversion of convertible preferred stock, exercise of warrants, and the issuance of options granted under the Company’s stock option plan and its stock purchase plan as follows:

 

   December 31,   December 31, 
   2020   2019 
Warrants   15,385    46,155 
Series A Convertible Preferred Stock   45,278,096    46,398,904 
Series B Convertible Preferred Stock   5,610,121    5,610,121 
Stock award plans   2,054,941    3,216,028 
Employee Stock Purchase Plan   229,136    261,603 
    53,187,679    55,532,811 
Summary of Option and Stock Appreciation Rights Activity

A summary of the option and stock appreciation rights activity for the year ended December 31, 2020 is as follows:

 

   Number of Options/SARs   Range of Exercise Price  Weighted Average Exercise Price per Share 
Outstanding, December 31, 2019   1,857,599   $ 0.74 -$36.20  $2.22 
Granted   917,250   $ 3.22 -$5.13  $4.49 
Exercised   (133,852)  $ 0.74 -$2.15  $1.27 
Forfeited   (184,018)  $ 0.74 -$36.20  $5.17 
Outstanding, December 31, 2020   2,456,979   $ 0.74 -$35.20  $2.90 

Summary of Option and Stock Appreciation Rights Outstanding by Range of Exercise Price

A summary of the options and stock appreciation rights outstanding by range of exercise price is as follows:

 

   Year Ended December 31, 2020 
                  Weighted 
                Average 
     

Weighted

Average

  

Weighted

Average

  

Number of

Options

  

Exercise

Price Per

 
Range of Exercise Prices 

Options

Outstanding

   Remaining Life   Exercise Price  

Currently

Exercisable

  

Vested

Share

 
$0.00 - $1.00   568,877    7.17   $0.74    373,065   $0.74 
$1.01 - $2.00   64,333    4.74   $1.71    57,642   $1.79 
$2.01- $4.00   883,374    7.93   $2.11    398,197   $2.06 
$4.01 - $10.00   923,500    8.87   $4.50    55,750   $4.09 
$10.01 - $20.00   -    -   $-    -   $- 
$30.01 - $40.00   16,895    0.27   $33.65    16,895   $33.65 
    2,456,979    7.97   $2.90    901,549   $2.21 
Summary of Restricted Stock Unit Activity

A summary of the restricted stock unit activity for the year ended December 31, 2020 is as follows:

 

   Number of Restricted Stock Units   Weighted Average Grant Date Fair Value per Unit 
Outstanding, December 31, 2019   840,712   $1.28 
Granted   420,000   $4.82 
Vested   (147,989)  $2.44 
Forfeited   (250)  $0.78 
Outstanding, December 31, 2020   1,112,473   $2.46