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Stock Benefit Plans and Equity Transactions (Tables)
6 Months Ended
Jun. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Total Stock Based Compensation

Total stock-based compensation for the three and six months ended June 30, 2019 and 2018 is as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Cost of revenues

 

$

28

 

 

$

11

 

 

$

56

 

 

$

33

 

Research and development

 

 

293

 

 

 

129

 

 

 

533

 

 

 

13

 

Sales, general and administrative

 

 

2,030

 

 

 

1,008

 

 

 

3,374

 

 

 

1,721

 

Total

 

$

2,351

 

 

$

1,148

 

 

$

3,963

 

 

$

1,767

 

 

Summary of Common Stock Reserved for Future Issuance

As of June 30, 2019, the Company had reserved shares of its common stock for future issuance as follows (in thousands):

 

 

 

June 30, 2019

 

Stock options outstanding

 

 

4,253

 

Unvested restricted stock award

 

 

6,641

 

Employee stock purchase plan

 

 

132

 

Series A convertible preferred stock

 

 

164

 

Warrants outstanding

 

 

26,885

 

Authorized for future grant under the Distributor and Development Services plans

 

 

3,923

 

Authorized for future grant under the Company equity plans

 

 

2,014

 

Total

 

 

44,012

 

 

Summary of Outstanding Warrants

A summary of all outstanding warrants is as follows:

 

 

 

Number of

Warrants

 

 

Strike Price

 

2017 Common Stock Warrants

 

 

3,657,000

 

 

$

2.00

 

2017 Banker Warrants

 

 

148,554

 

 

$

2.50

 

2018 Common Stock Warrants

 

 

13,860,851

 

 

$

3.50

 

Merger Warrants

 

 

2,200,000

 

 

$

3.50

 

Executive

 

 

1,327,434

 

 

$

5.00

 

Squadron Capital

 

 

845,000

 

 

$

3.15

 

Squadron Capital

 

 

4,838,710

 

 

$

2.17

 

Other

 

 

7,812

 

 

$

19.20

 

Total

 

 

26,885,361