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Stock Award Plans and Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Grant Date Fair Value The assumptions underlying the calculation of grant date fair value per share for the three months ended March 31, 2021 are as follows:

 

 

 

For the Three Months

Ended March 31,

 

 

 

 

2021

 

 

Number of options granted

 

 

616

 

 

Weighted-average expected volatility

 

114.3%

 

 

Weighted-average risk-free interest rate

 

 

1.19

%

 

Weighted-average expected option term

   (in years)

 

 

6.25

 

 

Weighted-average dividend yield

 

 

%

 

Weighted-average fair value per share

   of grants

 

$

4.17

 

 

 

Schedule of Stock-based Compensation Expense

The Company recognized stock-based compensation expense related to the issuance of stock option awards, restricted stock awards and restricted stock units to employees, non-employees and directors in the statements of operations as follows:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2021

 

 

2020

 

Cost of goods sold

 

$

9,033

 

 

$

5,859

 

Research and development

 

 

47,403

 

 

 

13,883

 

Selling, general and administrative

 

 

109,535

 

 

 

103,467

 

Total

 

$

165,971

 

 

$

123,209