XML 37 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Stock Benefit Plans and Equity Transactions (Tables)
6 Months Ended
Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Total Stock Based Compensation

Stock-Based Compensation

Total stock-based compensation for the three and six months ended June 30, 2020 and 2019 is as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Cost of revenues

 

$

128

 

 

$

28

 

 

$

235

 

 

$

56

 

Research and development

 

 

396

 

 

 

174

 

 

 

687

 

 

 

317

 

Sales, general and administrative

 

 

4,051

 

 

 

2,149

 

 

 

7,221

 

 

 

3,590

 

Total

 

$

4,575

 

 

$

2,351

 

 

$

8,143

 

 

$

3,963

 

Summary of Common Stock Reserved for Future Issuance

As of June 30, 2020, the Company had reserved shares of its common stock for future issuance as follows (in thousands):

 

Stock options outstanding

 

 

4,167

 

Unvested restricted stock award

 

 

8,345

 

Employee stock purchase plan

 

 

394

 

Series A convertible preferred stock

 

 

67

 

Warrants outstanding

 

 

25,401

 

Authorized for future grant under the Distributor and

   Development Services plans

 

 

6,949

 

Authorized for future grant under the Management

   Objective Strategic Incentive Plan

 

 

370

 

Authorized for future grant under the Company equity

   plans

 

 

5,487

 

Total

 

 

51,180

 

 

Summary of All Outstanding Warrants for Common Stock

A summary of all outstanding warrants for common stock is as follows:

 

 

 

Number of

Warrants

 

 

Strike

Price

 

Expiration

2017 PIPE Warrants*

 

 

3,255,554

 

 

$

2.02

 

June 2022

2018 PIPE Warrants

 

 

11,663,147

 

 

$

3.50

 

May 2023

SafeOp Surgical Merger Warrants

 

 

2,199,682

 

 

$

3.50

 

May 2023

2018 Squadron Capital Warrants

 

 

845,000

 

 

$

3.15

 

May 2027

2019 Squadron Capital Warrants

 

 

4,838,710

 

 

$

2.17

 

May 2027

2020 Squadron Capital Warrants

 

 

1,075,820

 

 

$

4.88

 

May 2027

Executive Warrants

 

 

1,327,434

 

 

$

5.00

 

December 2022

Other*

 

 

195,312

 

 

$

3.85

 

Various through May 2023

Total

 

 

25,400,659

 

 

 

 

 

 

 

*

Represents weighted average exercise price.