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Stock Benefit Plans and Equity Transactions (Tables)
9 Months Ended
Sep. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Total Stock Based Compensation

Total stock-based compensation for the three and nine months ended September 30, 2018 and 2017 is as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Cost of revenues

 

$

18

 

 

$

13

 

 

$

51

 

 

$

27

 

Research and development

 

 

179

 

 

 

(52

)

 

 

192

 

 

 

239

 

Sales and marketing

 

 

223

 

 

 

134

 

 

 

527

 

 

 

358

 

General and administrative

 

 

1,255

 

 

 

355

 

 

 

2,672

 

 

 

1,045

 

Total

 

$

1,675

 

 

$

450

 

 

$

3,442

 

 

$

1,669

 

 

Summary of Common Stock Reserved for Future Issuance

As of September 30, 2018, the Company had reserved shares of its common stock for future issuance as follows (in thousands):

 

 

 

September 30, 2018

 

Stock options outstanding

 

 

4,880

 

Unvested restricted stock award

 

 

3,542

 

Employee stock purchase plan

 

 

232

 

Series A convertible preferred stock

 

 

2,022

 

Convertible Notes

 

 

988

 

Warrants outstanding

 

 

20,932

 

Distributor and surgeon royalty plans

 

 

4,000

 

Merger contingently issuable

 

 

887

 

Authorized for future grant under the Company equity plans

 

 

725

 

Total

 

 

38,208

 

 

Summary of Outstanding Warrants

A summary of all outstanding warrants is as follows:

 

 

 

Number of

Warrants

 

 

Strike Price

 

2017 Common Stock Warrants

 

 

3,757,000

 

 

$

2.00

 

2017 Banker Warrants

 

 

167,418

 

 

$

2.50

 

2018 Common Stock Warrants

 

 

13,471,851

 

 

$

3.50

 

Merger Warrants

 

 

2,200,000

 

 

$

3.50

 

Executive

 

 

1,327,434

 

 

$

5.00

 

Other

 

 

7,812

 

 

$

19.20

 

Total

 

 

20,931,515