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Equity Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Changes in Options Outstanding and Related Exercise Prices for Company's Common Stock Options Issued The following tables summarize the changes in options outstanding and the related exercise prices for the Company’s common stock options issued:

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

Number of

 

 

Weighted-

 

 

Contractual

 

 

Aggregate

 

 

Outstanding

 

 

Average

 

 

Term

 

 

Intrinsic Value

 

 

Options

 

 

Exercise

 

 

(in years)

 

 

(in thousands)

 

Outstanding at December 31, 2020

 

4,255,371

 

 

$

3.41

 

 

 

 

 

 

 

 

 

Granted

 

1,761,962

 

 

$

0.39

 

 

 

 

 

 

 

 

 

Forfeited or canceled

 

(622,088

)

 

$

2.14

 

 

 

 

 

 

 

 

 

Expired

 

(22,042

)

 

$

284.00

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2021

 

5,373,203

 

 

$

1.42

 

 

 

7.31

 

 

$

146

 

Vested and expected to vest at December 31, 2021

 

5,187,332

 

 

$

1.46

 

 

 

7.23

 

 

$

131

 

Exercisable at December 31, 2021

 

3,980,138

 

 

$

1.77

 

 

 

6.58

 

 

$

34

 

 

Fair Value of Stock Options Grants, Weighted Average Assumptions

The weighted-average assumptions used in the Black-Scholes option valuation model to determine the fair value of stock options grants for the years ended December 31, 2021 and 2020 were as follows:

 

Years Ended December 31,

 

 

2021

 

 

2020

 

Risk-free interest rate

0.89%

 

 

0.37%

 

Expected stock price volatility

83.90%

 

 

88.82%

 

Expected dividend yield

0%

 

 

0%

 

Expected life of options (in years)

 

5.67

 

 

 

5.36

 

Schedule of Total Stock-Based Compensation Expense

Total stock-based compensation expense for the years ended December 31, 2021 and 2020 was comprised of the following (in thousands):

 

Years Ended December 31,

 

 

2021

 

 

2020

 

Cost of sales

$

21

 

 

$

87

 

Research and development

 

46

 

 

 

135

 

Selling and marketing

 

32

 

 

 

78

 

General and administrative

 

545

 

 

 

979

 

Total

$

644

 

 

$

1,279