XML 39 R28.htm IDEA: XBRL DOCUMENT v3.20.2
Stock Benefit Plans and Equity Transactions (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2020 is as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Cost of revenues

 

$

139

 

 

$

57

 

 

$

374

 

 

$

113

 

Research and development

 

 

379

 

 

 

227

 

 

 

1,066

 

 

 

543

 

Sales, general and administrative

 

 

4,026

 

 

 

3,319

 

 

 

11,247

 

 

 

6,910

 

Total

 

$

4,544

 

 

$

3,603

 

 

$

12,687

 

 

$

7,566

 

Summary of Common Stock Reserved for Future Issuance

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

 

Stock options outstanding

 

 

4,141

 

Unvested restricted stock award

 

 

8,072

 

Employee stock purchase plan

 

 

394

 

Series A convertible preferred stock

 

 

29

 

Warrants outstanding

 

 

25,358

 

Authorized for future grant under the Distributor and

   Development Services plans

 

 

6,783

 

Authorized for future grant under the Management

   Objective Strategic Incentive Plan

 

 

345

 

Authorized for future grant under the Company equity

   plans

 

 

5,190

 

Total

 

 

50,312

 

 

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

 

 

11,527,147

 

 

$

3.50

 

May 2023

SafeOp Surgical Merger Warrants

 

 

2,185,099

 

 

$

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*

 

 

302,812

 

 

$

3.85

 

Various through May 2023

Total

 

 

25,357,576

 

 

 

 

 

 

 

*

Represents weighted average exercise price.