XML 42 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Stock-Benefit Plans and Equity Transactions (Tables)
6 Months Ended
Jun. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Total Stock Based Compensation

Stock-Based Compensation

Total stock-based compensation for the periods presented were as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenues

 

$

235

 

 

$

128

 

 

$

330

 

 

$

235

 

Research and development

 

 

664

 

 

 

563

 

 

 

1,162

 

 

 

954

 

Sales, general and administrative

 

 

10,597

 

 

 

3,884

 

 

 

14,478

 

 

 

6,954

 

Total

 

$

11,496

 

 

$

4,575

 

 

$

15,970

 

 

$

8,143

 

Summary of Common Stock Reserved for Future Issuance

As of June 30, 2021, the Company’s shares of common stock reserved for future issuance were as follows (in thousands):

 

Stock options outstanding

 

 

3,616

 

Unvested restricted stock award

 

 

8,678

 

Employee stock purchase plan

 

 

662

 

Series A convertible preferred stock

 

 

29

 

Warrants outstanding

 

 

20,525

 

Authorized for future grant under the Distributor and

   Development Services plans

 

 

952

 

Authorized for future grant under the Management

   Objective Strategic Incentive Plan

 

 

345

 

Authorized for future grant under the Company equity

   plans

 

 

4,496

 

Total

 

 

39,303

 

 

 

Summary of All Outstanding Warrants for Common Stock

A summary of all outstanding warrants for common stock as of June 30, 2021 were as follows:

 

 

 

Number of

Warrants

 

 

Strike Price

 

Expiration

2017 PIPE Warrants

 

 

2,587,000

 

 

$

2.00

 

June 2022

2018 PIPE Warrants

 

 

8,538,569

 

 

$

3.50

 

May 2023

SafeOp Surgical Merger Warrants

 

 

1,194,943

 

 

$

3.50

 

May 2023

2018 Squadron Medical Warrants

 

 

845,000

 

 

$

3.15

 

May 2027

2019 Squadron Medical Warrants

 

 

4,838,710

 

 

$

2.17

 

May 2027

2020 Squadron Medical Warrants

 

 

1,075,820

 

 

$

4.88

 

May 2027

Executive Warrants

 

 

1,327,434

 

 

$

5.00

 

December 2022

Other(1)

 

 

117,812

 

 

$

2.87

 

Various through May 2023

Total

 

 

20,525,288

 

 

 

 

 

 

 

(1)

Weighted-average strike price.